Shares of Godrej Properties Ltd, largest developer in India by the value and volume of residential sales achieved, have touched the Rs 3,000 mark for the first time, marking a significant milestone for the company. This achievement is underpinned by a remarkable increase in sales bookings and a buoyant real estate market. According to data …
On June 13, 2024, GPT Infraprojects Limited (GPT) announced that it had secured an order worth ₹26 crore. Transnet Freight Rail, South Africa, has awarded the contract for supplying concrete sleepers manufactured at the Ladysmith factory. Valued at ₹26 crore, the order pertains to GPT Concrete Products South Africa (Pty) Limited, a subsidiary of GPT …
About the award EaseMyTrip has been honoured with the prestigious MICE Excellence Award at the Starz of India’s Awards 2024. This recognition celebrates EaseMyTrip’s exceptional contributions to the Meetings, Incentives, Conferences, and Exhibitions (MICE) program. The MICE program provides comprehensive travel solutions for corporate clients, ensuring a seamless experience for business and exhibition travel. The …
On June 12, 2024, Glenmark Pharmaceuticals Limited informed in a stock exchange filing that the company got final approval from the United States Food and Drug Administration (US FDA) for Esomeprazole Magnesium Delayed-Release Capsules USP, 20 mg (OTC). The FDA has determined these capsules to be bioequivalent to Nexium® 24 HR Delayed-Release Capsules, 20 mg …
About the award from UNICEF Venus Remedies Limited has achieved a significant milestone, securing a prestigious award for its antibiotic product, Ceftriaxone 1gm, from UNICEF in the Beta Lactam tender. This recognition builds upon their earlier achievement of receiving GMP (Good Manufacturing Practices) approval from UNICEF, further solidifying their dedication to exceptional quality standards. UNICEF’s …
On June 13, 2024, RateGain Travel Technologies Limited (RateGain) informed in a stock exchange filing that it got selected by a pioneering car rental company in eco-friendly transportation, Green Motion International (Green Motion), as its preferred revenue management partner for its franchisee network spread across 650 locations in 73 countries globally. Green Motion is a …
The US-based private equity major Bain Capital shares of L&T Finance, held by other entities, by diluting its stake through a block deal. The proposed block deal has been launched, with investor bank BNP Paribas as the advisor. The plan: Bain Company has planned to sell a 3.54% stake in the company, at Rs. 169.17 …
Sobha Limited was incorporated in 1995, It is a real estate developer engaged in the construction to operations of townships, housing projects, commercial premises, and other related activities. The Company is also engaged in manufacturing activities related to interiors, glazing and metal works, and concrete products. Sobha Board Approves Right Issue Shares of the real …
Thomas Cook India Limited (TCIL) announced positive news today regarding its credit ratings. CRISIL Ratings, a leading Indian credit rating agency, upgraded its outlook on the company’s bank loan facilities and corporate credit rating to ‘Positive’ from ‘Stable’ while reaffirming the long-term rating at ‘CRISIL AA-’ and the short-term rating at ‘CRISIL A1+’. Factors Behind …
It’s turning out to be a sweet Thursday for the Indian equity markets, not only because the Nifty50 index has hit an all-time high, but also because sugar stocks are sweetening the portfolios of market participants. Government’s Consideration of MSP Increase Most of the sugar stocks surged on Thursday after reports emerged that the Government …
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