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Adani Airport Holdings Limited Achieves 1 Million Tonnes of Air Cargo Handling Milestone

Adani Airport Holdings Limited Achieves 1 Million Tonnes of Air Cargo Handling Milestone

10 June 2024

On June 9, 2024, Adani Enterprises Ltd informed in a stock exchange filing that the company’s subsidiary, Adani Airport Holdings Limited (AAHL), successfully handled 1 million tonnes of air cargo in the fiscal year 2023-2024. This milestone highlights AAHL’s strong operational capabilities and strategic growth in the aviation sector. The company stated that AAHL facilitated …

KEC International Secures Orders Worth ₹1,061 Crore Across Various Sectors

KEC International Secures Orders Worth ₹1,061 Crore Across Various Sectors

10 June 2024

KEC International Ltd informed in an exchange filing that the company has secured new orders of ₹1,061 crore across its various businesses, including Transmission & Distribution (T&D), cables and railways. Under Transmission and Distribution, the company has secured orders across various regions, such as India, the Americas and East Asia Pacific. These achievements encompass a …

Castrol India Introduces New Castrol EDGE Lineup for Passenger Cars

Castrol India Introduces New Castrol EDGE Lineup for Passenger Cars

10 June 2024

On June 10, 2024, Castrol India Limited introduced a new lineup of products under the Castrol EDGE brand. These high-quality engine oils, known for their superior performance, have been enhanced with three new variants specifically designed for the passenger car market, catering to the changing requirements of automotive customers. Backing this release, the company launched …

Coromandel International Ltd Launches Nano Fertiliser Plant in Andhra Pradesh

Coromandel International Ltd Launches Nano Fertiliser Plant in Andhra Pradesh

10 June 2024

On June 9, 2024, Coromandel International Ltd informed in a stock exchange filing about its state-of-the-art Nano Fertiliser plant launch at its Kakinada complex in Andhra Pradesh. Mr Sankarasubramanian S, Executive Director of Nutrient Business, inaugurated the plant in the presence of the company’s senior leadership team and key channel partners from across the country. …

Dalmia Cement (Bharat) Limited Acquires 26% Stake in Solarcraft Power India 23 Pvt Ltd

Dalmia Cement (Bharat) Limited Acquires 26% Stake in Solarcraft Power India 23 Pvt Ltd

10 June 2024

On June 8, 2024, Dalmia Cement (Bharat) Limited (DCBL), a wholly-owned subsidiary of Dalmia Bharat Limited, entered into a Share Subscription Agreement, Shareholders Agreement, and Power Purchase Agreement. These agreements enable DCBL to acquire a 26% stake in the equity share capital and 26% of the compulsory convertible debentures of Solarcraft Power India 23 Private …

Stock to Watch: High Promoter Holding Sugar Stock Announces Major Expansion

Stock to Watch: High Promoter Holding Sugar Stock Announces Major Expansion

10 June 2024

Davangere Sugar Company Limited (DSCL) was incorporated in 1970 and acquired by current promoters in 1995. Ganesh S S takes care of the day-to-day functioning of the company. The company commenced operation with an installed capacity of 1250TCD sugar, subsequently, its sugar crushing capacity was enhanced to 4750TCD. DSCL also operates a multi-fuel co-generation unit …

IDBI Bank Granted Rs.2,701 Cr Tax Refund Order for AY 2016-17

IDBI Bank Granted Rs.2,701 Cr Tax Refund Order for AY 2016-17

10 June 2024

The IDBI Bank Limited (IDBI Bank or IDBI) is a Scheduled Commercial Bank under the ownership of the Life Insurance Corporation of India (LIC) and the Government of India. It was established by the Government of India as a wholly owned subsidiary of the Reserve Bank of India in 1964 as the Industrial Development Bank …

Raymond’s Real Estate Division Selected for Major Mumbai Redevelopment Project

Raymond’s Real Estate Division Selected for Major Mumbai Redevelopment Project

10 June 2024

Raymond Realty, established in 2019, is the real estate arm of the esteemed Raymond Group, renowned for its textile and apparel business. Committed to quality, innovation, and sustainability, Raymond Realty specializes in high-end residential and commercial developments. Notable projects like Ten X Habitat in Thane showcase their dedication to crafting luxurious, contemporary living spaces that …

Tata Group Stock Up by Over 10%, Can It Touch Rs 400?

Tata Group Stock Up by Over 10%, Can It Touch Rs 400?

10 June 2024

Rallis India: A Robust Crop Care Portfolio Rallis India, a subsidiary of Tata Chemicals, boasts a robust product portfolio offering comprehensive crop care solutions. Their range includes formulations for crop protection and nutrition, manufacturing and marketing a variety of agri-inputs like pesticides, fungicides, insecticides, seeds, and plant growth nutrients. Each product category covers a broad …

Forbes Precision Tools and Machine Parts Set to List on June 11

Forbes Precision Tools and Machine Parts Set to List on June 11

10 June 2024

Introduction Forbes & Company Limited (FCL) had approved a Scheme of Arrangement to demerge its Precision Tools business into a wholly-owned subsidiary, Forbes Precision Tools and Machine Parts Limited (FPTL). This move aims to streamline operations, enhance management focus, and unlock shareholder value. Details of the Demerger 1. Entities Involved Demerged Company: Forbes & Company …

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