On July 8, 2024, HCL Technologies announced that France had awarded Roshni Nadar Malhotra, the company’s chairperson, the “Chevalier de la Légion d’Honneur.” This prestigious award, established in 1802 by Napoleon Bonaparte, is France’s highest civilian honour. It recognises her contributions to business, efforts to strengthen economic ties between France and India and dedication to …
Bank of Baroda (BoB) is one of India’s leading public sector banks, established in 1908. With a rich history spanning over a century, BoB has grown into a global banking entity with a significant presence in India and abroad. The bank offers a wide range of banking and financial services, including retail banking, corporate banking, …
SAIL CMD Amarendu Prakash said on Friday that they are going to invest 6500 crore for this fiscal year 2025 in capital expenditure. In the past update, the Sail management has already informed us that in the coming 3–4 years they are going to invest a total of 1 lakh crore across all their plants …
The total number of shares acquired by Coforge Ltd. is 46,18,199, according to block deal data that is accessible on the BSE. 16.9% stake in Cigniti Technologies and a total of 28% stakes acquired by Coforge Ltd. On July 5, 2024, for 645 crores, 17% of stockholding was done by Coforge Ltd. through open market …
Nava Bharat Ventures has grown into a formidable multinational company, with a diversified portfolio that spans metals manufacturing, power, mining, agribusiness, and healthcare. As part of a larger multinational industrial group, Nava Bharat Ventures has established a significant presence in India, Southeast Asia, and Africa, positioning itself as a leader in multiple sectors. Expansion into …
Introduction to PCBL PCBL, established in 1960, is a prominent manufacturer of carbon black with operations spanning four plants located in Durgapur (West Bengal), Mundra (Gujarat), Palej (Gujarat), and Kochi (Kerala). These facilities collectively boast an impressive aggregate capacity of 6,03,000 MTPA. In a significant development, PCBL commissioned a greenfield project in Chennai, Tamil Nadu, …
On July 5, 2024, Nifty 50 and Sensex ended the day flat, with Nifty rising 0.09% to close at 24,323, whereas Sensex fell 0.07% to close at 79,996. Indian stock markets continued their rally for the 3rd straight day but ended the day flat. About 1,820 shares advanced, 1,588 shares declined, and 74 shares unchanged. …
Marico Domestic Business: Modest volume growth, driven by Saffola Oils and Foods segments. Value Added Hair Oils faced headwinds but are expected to recover. Project SETU aims to expand direct reach. International Business: Strong double-digit constant currency growth on the back of resilient and broad-based growth across markets. Consolidated Revenue: High single-digit growth despite pricing …
IndusInd Bank Ltd, a leading private sector lender in India, released its financial performance for the first quarter of the fiscal year 2025 (Q1 FY2025), showcasing positive growth in key areas. The bank’s net advances, which represent the total amount of credit disbursed to customers, witnessed a significant jump of 16% to ₹3,48,107 crore as …
Punjab & Sind Bank aims to significantly expand its presence across India in the current financial year, with plans to open 100 new branches and add 100 ATMs to its network. The Managing Director of the bank, Swarup Kumar Saha highlighted that this initiative will increase the bank’s branch count to 1,665 and ATM count …
