A New Era of Cooling Solutions Blue Star Limited has unveiled a comprehensive lineup of 150 room air conditioner (AC) models, catering to the diverse needs of Indian consumers. This new range includes premium inverter, fixed-speed, and window ACs, ensuring options for every budget and requirement. With the Indian AC industry projected to double by …
BSE Sensex gained 147.71 points (+0.20%) to settle at 74,602.12, while the Nifty 50 dipped 5.80 points (-0.03%) to close at 22,547.55.The index opened at 22,516.45, touched an intraday high of 22,625.30, and dipped to a low of 22,513.90 The Sensex edged up slightly on Tuesday, while the Nifty closed nearly flat as gains in …
UPL Ltd, a major player in the agrochemicals sector, announced on February 24, 2025, that its step-down subsidiary, UPL Global Ltd, UK, has injected an additional $53.85 million into Origeo Comercio de Produtos Agropecuarios S.A. (Origeo), a joint venture in Brazil. This investment is aimed at meeting Origeo’s working capital needs and ensuring its continued …
On February 24, 2025, Akzo Nobel India Ltd announced through an exchange filing that it had received a binding offer from Akzo Nobel N.V. for the sale of its powder coatings business and R&D Centre. Transaction Value In a strategic move, Akzo Nobel will transfer the powder coatings business and the international R&D Centre on …
Shangar Decor Ltd.’s share price, trading below ₹10, hit an upper circuit on the Bombay Stock Exchange (BSE) at 9:46 AM on February 25, 2025. Investor interest surged following the company’s announcement of a 1:5 stock split. An upper circuit is a price limit imposed by the exchange to control excessive volatility. When a stock …
On February 24, 2025, EaseMyTrip.com, one of India’s leading online travel tech platforms, announced that its wholly owned subsidiaries, YoloBus and Easy Green Mobility have secured a tender for the Madhya Pradesh Government’s only first inter-city electric buses issued by Sagar City Transport Services Limited (SCTSL). Operation of Electric Buses The company in the exchange …
Garden Reach Shipbuilders Ltd., a state-run shipbuilding company, anticipates its order book will surpass ₹40,000 crore by the end of the 2026 financial year, according to Chairman and Managing Director PR Hari. In an exclusive interview with CNBC-TV18, Hari stated that the company’s current order book stands at ₹23,877 crore, which he described as “reasonably …
Jyoti Structures Limited has received an order worth ₹389.36 crore from Adani Energy Solutions Limited. The contract covers the supply of towers, survey, soil investigation, foundation work, erection, stringing, testing, and commissioning of the 765 kV DC transmission line between Boisar II and Pune III. The project is to be completed within 18 months from …
Nazara Technologies Ltd has strengthened its portfolio by acquiring a 60% stake in Funky Monkeys, making it a subsidiary. This strategic move aligns with Nazara’s expansion into the interactive entertainment and gaming sectors. Investment in Funky Monkeys Play Centre Private Limited Nazara Technologies Limited has made a strategic investment in Funky Monkeys Play Centre Private …
Shree Cement Ltd, a Rajasthan-based cement manufacturer, has been served a Goods and Services Tax (GST) demand order from the Deputy Commissioner, State Tax, Special Circle, Patna, Bihar. The order, amounting to ₹41.10 crore, includes tax, interest, and penalties. The company has stated that the demand does not significantly impact its financial position and plans …
