On June 17, 2024, Kamdhenu Limited’s Board of Directors of Loan and Investment Committee approved the acquisition of 2,11,000 equity shares of ₹10 each at ₹230 per share, amounting to ₹4,85,30,000. This represents 1.56% of shareholding post-acquisition. This acquisition was through a preferential issue by VMS TMT Limited, a franchisee unit of Kamdhenu Limited. This …
On Tuesday, the benchmark indices were trading in the green with the Sensex up around 291 points or 0.41% at 77,281, while the Nifty-50 was up around 88 points or 0.38% at 23,553. About 2,055 shares have advanced; 1,604 declined and 204 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Indian benchmark indices started the week on a cheerful note, reaching new record highs, driven by strong gains in the consumer durables, capital goods, power, and information technology sectors. Broader indices also gained in line with the main indices. At 9:55 am, the BSE Sensex gained 0.39% reaching a level of 77,294. The Nifty 50 …
On June 18, 2024, Veefin Solutions Limited informed in a stock exchange filing about a strategic stake in Mumbai-based Regime Tax Solutions. The company stated that it will expand its product portfolio by strategically integrating two key solutions, TaxGenie and PayInvoice, from Regime into its supply chain technology platform for banks and financial institutions. With …
The Indian equity market reached a fresh record high on Tuesday, with the Bank Nifty rallying over 400 points. The broader markets displayed notable outperformance, with the Nifty Midcap 100 and Smallcap 100 rising by 0.35% and 1.08%, respectively. Amid this strong performance, one stock that has suddenly come into the spotlight is Kaya Ltd. …
On 3 June 2024, GAIL India Limited launched the “Waah Kya Energy Hai” Campaign to promote clean and sustainable fuel choices. The company is known for its innovative campaigns to encourage people-driven efforts for environmental conservation. The new series campaign “Waah Kya Energy Hai” aims to highlight the accessibility and benefits of embracing new, clean, …
Popular Vehicles & Services Limited (PVSL), a leading fully integrated automotive dealership player in India, announced a wave of recognition for its outstanding performance. Both PVSL and its wholly-owned subsidiary, Popular Mega Motors (India) Private Limited (PMMIL), received prestigious awards, solidifying their position as key players in the Indian automotive industry. Popular Mega Motors Hailed …
Star Health & Allied Insurance Company is poised for substantial growth in the current financial year, aiming for an 18-20% increase in gross written premiums (GWP). Star Health plans to double its premium income over the next four years as a standalone health insurance company. CEO Anand Roy stated that this ambitious goal is to …
PTC India Financial Services Limited reported in a stock exchange filing that ICRA, the credit rating agency, has downgraded its long-term rating to ‘[ICRA] A-‘ from ‘[ICRA] A+’ with a ‘negative’ outlook. The short-term rating was also revised to [ICRA]A2+ from [ICRA]A1. ICRA cited the downgrade of PTC India Financial Services (PFS) ratings due to …
On June 17, 2024, Vishnu Prakash R Punglia Ltd announced in a stock exchange filing that it had received a Letter of Acceptance from the Office of DY CE-C-BKN-ENGINEERING, North Western Railway Bikaner. The company stated that this prestigious project is Earthwork in filling and cutting in formation, trolley refuges, blanketing, retaining wall, pitching, construction …
