On June 26, 2024, Radico Khaitan Limited proudly launched the Jaisalmer Indian Craft Gin ‘Gold Edition’, setting a new standard of luxury and sophistication in India’s gin market. Building on the success of their Jaisalmer Indian Craft Gin, which holds a significant 50% market share in the luxury segment, this new addition aims to elevate …
Introduction MIC Electronics Limited has recently announced the completion of significant railway projects. This update is particularly important for stakeholders and investors, as it demonstrates the company’s ongoing commitment to high-quality service and technological advancement. Stock Performance The stock of MIC Electronics hit a fresh 52-week high on Wednesday, reaching Rs 74.60 up by 5%. …
On June 26th, 2024, Thomas Cook (India) Limited’s wholly owned subsidiary, Sterling Holiday Resorts, India’s foremost leisure hospitality brand, launched its Emerging Leaders’ Development Program in collaboration with the Indian School of Hospitality (ISH). This partnership aims to enhance the skills of Sterling’s professionals through ISH’s renowned curricula, innovative learning techniques, and industry leaders’ mentorship. …
On June 26, 2024, Nazara Publishing, in collaboration with nCore Games, announced a new partnership to publish FAU-G: Domination, the latest game in the FAU-G series. The previous version of FAU-G was trendy, with up to 50 million downloads. FAU-G: Domination, developed by Dot9 Games under nCore Games, will offer pre-registrations on Google Play and …
Adani Enterprises, the flagship company of the Adani Group, has unveiled a significant growth strategy for its airport business. The company plans to invest a staggering $21 billion over the next decade to solidify its position as a leader in Indian airport infrastructure. Expanding Network and Diversifying Revenue This ambitious investment plan will be directed …
Waaree Renewable Technologies Limited (Waaree), a leading player in India’s renewable energy sector, has secured a significant contract for the development of a solar power project. The company announced on June 26, 2024, that it had received a Letter of Award (LOA) for the execution of Engineering, Procurement, and Construction (EPC) works for a 1.090 …
Vedanta Resources Ltd., through its subsidiary Finsider International Company Ltd., has recently announced that it has executed a transaction by selling a 2.6% stake in Vedanta Ltd. This move, valued at approximately Rs.4,379.7 crore, represents a significant step in Vedanta Group’s strategy to streamline operations and strengthen its foundation. Key Insights The stake sale, comprising …
Sony Pictures Networks India Pvt. Ltd. and Zee Entertainment Enterprises Limited (ZEEL), in December 2021, came into a merger agreement. Due to lapses by Zee, Sony terminated the definitive agreements of the merger in January. Despite making detailed requests before the tribunal to implement the scheme, Zee decided to withdraw the application, and the National …
Raymond Limited incorporated in 1925 is a diversified group with interests in the Textile & Apparel sectors as well as a presence across diverse segments such as Real Estate, FMCG, and Engineering in national and international markets in 55+ Countries including the USA, Europe, Japan & Middle East. The Company has a retail network of …
ICICI Bank Limited, on 25 June 2024, became the sixth Indian firm to reach a market capitalization of $100 Billion(approx. Rs.8.4 Lakh crore). With this announcement, ICICI Bank became the second-largest bank in India by market capitalization, following HDFC Bank. The other 5 Indian companies are Reliance Industries Limited (Rs. 20.21 Lakh Crore), Tata Consultancy …
