Persistent Systems Inc., the wholly-owned U.S. subsidiary of Persistent Systems Limited, announced today the acquisition of Starfish Associates, LLC, a leading provider of enterprise communication solutions. This strategic move strengthens Persistent’s position in the Unified Communications as a Service (UCaaS) and Contact Center as a Service (CCaaS) market by leveraging artificial intelligence (AI) for enhanced …
On July 03, 2024, Brigade Group, a leading Indian real estate developer, unveiled a new joint development project in West Bangalore’s coveted Tumkur Road area. This project adds to Brigade’s impressive portfolio and caters to the discerning tastes of modern urban homebuyers. Encompassing 8 acres of prime land, the project boasts a total development area …
Carysil Limited, a leading manufacturer of kitchenware and homeware products, has announced the successful completion of its equity issue. This announcement follows a series of communications from Carysil, including their initial letter dated July 03, 2024, regarding the issue opening on July 01, 2024, and a subsequent letter on the same date confirming the closing …
Cello World Limited, a leading Indian consumer goods company, has announced significant developments. The company received approval from its Qualified Institutions Placement (QIP) Committee to proceed with an equity issuance aimed at raising fresh capital. Equity Raise Through QIP On July 03, 2024, Cello World’s QIP Committee greenlit the opening of the issue. The committee …
On July 3, 2024, Bajaj Finance reported a significant increase in new loans, customer base, and assets under management (AUM) in its first quarter (April-June) business update. In the first quarter, Bajaj Finance reported 109.7 lakh new loans, up from 99.4 lakh in the same period last year, showing a 10.4% year-on-year increase. This growth …
On July 03, 2024, Vedanta Group firm Hindustan Zinc expressed its commitment to collaborate with Indian auto companies to “unlock zinc potential” and boost India’s mobility. When used in the automotive sector through galvanised steel, zinc significantly reduces fuel consumption and emissions. It offers high corrosion resistance to lightweight steel bodies, resulting in durable, long-lasting …
Bandhan Bank Ltd. recently announced an update for the June quarter and reported a 21.8% YoY increase in loans and advances for the June quarter, reaching Rs.1,25,619 crore compared to Rs.1,03,169 crore in the same period last year which shows an increase in the bank’s lending capacity, aligning with the overall positive trends in the …
Mahindra & Mahindra Ltd is one of the most diversified automobile companies in India with a presence across 2-wheelers, 3-wheelers, PVs, CVs, tractors & earthmovers. It also has a presence across financial services, auto components, hospitality, infrastructure, retail, logistics, steel trading and processing, IT businesses, agri, aerospace, consulting services, defence, energy, and industrial equipment through …
Listed real estate developer Indiabulls Real Estate Limited has changed its name to Equinox India Developments Limited with effect from June 20, the company said in a regulatory filing. The rebranding to Equinox India Developments Limited signifies a new chapter for the company, reflecting its commitment to innovation, sustainability, and excellence in the real estate …
Investing in dividend-paying stocks is one of the popular investment strategies among investors who wish to have an additional source of steady income. This strategy is good because it helps in two ways: one through dividends and the other through capital appreciation of share prices. This approach is particularly suitable for investors who are retired. …
