RVNL announced a significant new contract win from Central Railway, marking another milestone in its extensive portfolio of railway infrastructure projects. The company received a Letter of Acceptance (LoA) for an overhead modification work project aimed at upgrading the existing 1 x 25 kV electric traction system. Traction System Upgrade to Enhance Capacity The project …
The US drug regulator conducted a pre-approval inspection of Piramal Pharma’s PPDS Ahmedabad facility for three days, from July 10, 2024, to July 12, 2024. The United States Food and Drug Administration (USFDA) inspection was completed with zero Form 483 observations and no action-indicated designation. Tanya Sanish, Company Secretary, informed the exchange that the successful …
DLF Info City Chennai Limited (DICCL), a wholly-owned subsidiary of DLF Cyber City Developers Limited (majority-owned by DLF Limited), has increased its stake in Tulip Renewable Powertech Private Limited (Tulip). This move strengthens DICCL’s position in the renewable energy sector and aligns with its captive power consumption requirements. Transaction Details DICCL acquired an additional ~4.95% …
Infosys Ltd’s North America-based subsidiary, Infosys Public Services (IPS), has announced that it has been awarded a contract by the Delaware Department of Labor to revitalise the state’s unemployment insurance tax, benefits, and appeals programs. Additionally, Infosys Public Services will develop a new system for the paid family medical leave program. Delaware plans to utilise …
Shares of railway companies surged over 15% in a week on the BSE amid heavy trading volumes, outperforming a sluggish market. Over the last 5 days, these stocks have seen gains of up to 20%, driven by a positive business outlook. Companies like Rail Vikas Nigam (RVNL), Indian Railway Finance Corporation (IRFC), IRCON International, and …
During Friday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. IFCI Ltd IFCI Ltd hit a 52-week high of Rs 72 with a significant traded volume of 20.06 crore shares. Currently trading at Rs 69.74, up from the previous close of Rs 62.09, …
The benchmark index S&P BSE 500 opened today at 36,472.54 and made its day high at 36,644.17, and it is trading in green today, up by around 0.45%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Inox Wind Ltd Shares …
On Friday, the market extended its gains for six consecutive weeks, marking the longest streak in 2024. Benchmark indices outperformed broader markets, with the market reaching a record high driven by broad-based gains in the IT sector. The Sensex hit an intra-day record high of 80,894 and surged by 0.78%, closing at a new all-time …
Adani Wilmar (AWL), a leading player in India’s food and FMCG sector, has taken a significant step towards diversifying its portfolio by acquiring a majority stake in Omkar Chemical Industries Private Limited (OCIPL). This strategic move, announced on July 11, 2024, positions AWL to gain a strong foothold in the burgeoning speciality chemicals market. Strategic …
Mirae Asset Mutual Fund will acquire 9.95% paid-up share capital or voting rights in the Utkarsh Small Finance Bank within a year from the date of approval from RBI, the bank said in an exchange filing on Thursday. Mirae Asset Mutual Fund has a footprint not only in India but also a global presence in …
