On June 8, 2024, Maithan Alloys Limited announced the acquisition of equity shares of Power Finance Corporation Ltd through a stock exchange. The entity being acquired, Power Finance Corporation Limited, belongs to the financial institution industry. Maithan Alloys Limited acquired Power Finance Corporation Limited shares through the stock exchange as part of its investment strategy …
JSW Steel Limited (JSW Steel) announced its consolidated crude steel production for May 2024 at 20.98 lakh tonnes. This represents a 4% decrease year-over-year (YoY) due to a scheduled maintenance shutdown for one of its blast furnaces at the Dolvi facility. Planned Shutdown Minimises Impact JSW Steel successfully navigated the planned maintenance by strategically scheduling …
Avanti Feeds Ltd. established on January 6, 1993, by Venkateswara Rao Alluri, company is a leading manufacturer of shrimp feed and exporter of shrimp. The company operates through three primary segments: Shrimp Feed, Shrimp Processing, and Power. The Shrimp Feed segment focuses on producing and marketing shrimp feed used in aquaculture, while the Shrimp Processing …
Fischer Medical Ventures Ltd (Fischer MVL), a leading force in India’s healthcare technology sector, has announced a groundbreaking partnership with BluSim Tech Pte Ltd, a Singapore-based pioneer in real-time monitoring solutions for elderly care. This collaboration aims to transform nursing home care on a global scale. Fischer MVL: A Legacy of Innovation Fischer MVL, formerly …
On June 10, 2024, AXISCADES Technologies Ltd announced in an exchange filing the commencement of delivery for a substantial quantity of Man Portable Counter Drone Systems (MPCDS) to the Indian Army. This contract signifies a significant achievement for AXISCADES as it embarks on providing these pioneering systems, the first of their kind, to be integrated …
Man Infraconstruction Limited (MICL), a prominent Mumbai real estate developer, announced a significant acquisition. MICL has secured a prime redevelopment project within Bandra Kurla Complex (BKC), marking a strategic move into the high-end redevelopment segment in this coveted location. Redeveloping a Landmark Address This prestigious project signifies the redevelopment of Artek Co-operative Housing Society Limited …
On June 10, 2024, Havells India Ltd announced in an exchange filing its entry into the kitchen appliances market through a strategic partnership with Jumbo Group in the UAE. Jumbo Group is a leading distributor of consumer electronics and technology products in the UAE. The company stated this partnership is set to enhance its product …
Punjab National Bank plans to open a representative office in Dubai to extend its global reach. According to the Managing Director of PNB, Atul Kumar Goel, the board of directors has approved this initiative, and the bank is currently in the process of obtaining regulatory clearance. He stated that if all regulatory approvals are in …
Wardwizard Innovations & Mobility Limited (WIML), a leading Indian electric vehicle (EV) manufacturer known for its “Joy e-bike” and “Joy e-rik” brands, has secured a monumental order valued at USD 1.29 billion. This significant deal comes from Beulah International Development Corporation, a prominent full-service business integrator and EPC firm in the Philippines backed by RP …
About the acquisition Pavna Industries Limited, a leading name in India’s automotive parts manufacturing scene, has announced a strategic land acquisition in Pantnagar, Uttarakhand. This move paves the way for a new greenfield plant focused on die-cast component production. The acquisition highlights Pavna’s commitment to growth and its focus on strategically leveraging opportunities within the …
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