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Godawari Power To Consider Share Buyback, Stock Surges To Record High

Godawari Power To Consider Share Buyback, Stock Surges To Record High

10 June 2024

Godavari Power & Ispat Limited (GPIL), is a public enterprise, incorporated in 1999. Currently, it holds a dominant presence in the long-product segment of the Steel Industry, mainly in mild steel wire. GPIL has been awarded the rights for Iron Ore and Coal Mining which has led it to become a fully integrated manufacturer. The …

PTC Industries Partners with SPV to Boost ‘Make in India’ Initiative for Defence and Aerospace Sectors

PTC Industries Partners with SPV to Boost ‘Make in India’ Initiative for Defence and Aerospace Sectors

10 June 2024

PTC Industries Limited (PTC) proudly announced its strategic partnership with leading entities in the Indian Defence and Aerospace sector under the DTIS scheme. This collaboration aligns with the ‘Make in India’ initiative, aiming to enhance the country’s defense manufacturing capabilities. The announcement marks a significant milestone for PTC, a renowned manufacturer of high-precision metal components …

Maithan Alloys Limited Completes Acquisition of Power Finance Corporation Ltd

Maithan Alloys Limited Completes Acquisition of Power Finance Corporation Ltd

10 June 2024

On June 8, 2024, Maithan Alloys Limited announced the acquisition of equity shares of Power Finance Corporation Ltd through a stock exchange. The entity being acquired, Power Finance Corporation Limited, belongs to the financial institution industry. Maithan Alloys Limited acquired Power Finance Corporation Limited shares through the stock exchange as part of its investment strategy …

JSW Steel Maintains Production Despite Planned Shutdown

JSW Steel Maintains Production Despite Planned Shutdown

10 June 2024

JSW Steel Limited (JSW Steel) announced its consolidated crude steel production for May 2024 at 20.98 lakh tonnes. This represents a 4% decrease year-over-year (YoY) due to a scheduled maintenance shutdown for one of its blast furnaces at the Dolvi facility. Planned Shutdown Minimises Impact JSW Steel successfully navigated the planned maintenance by strategically scheduling …

Avanti Feeds Ltd.: Poised for a Strong Upswing with Breakout

Avanti Feeds Ltd.: Poised for a Strong Upswing with Breakout

10 June 2024

Avanti Feeds Ltd. established on January 6, 1993, by Venkateswara Rao Alluri, company is a leading manufacturer of shrimp feed and exporter of shrimp. The company operates through three primary segments: Shrimp Feed, Shrimp Processing, and Power. The Shrimp Feed segment focuses on producing and marketing shrimp feed used in aquaculture, while the Shrimp Processing …

Fischer Medical Ventures and BluSim Tech Partner to Revolutionise Nursing Home Care

Fischer Medical Ventures and BluSim Tech Partner to Revolutionise Nursing Home Care

10 June 2024

Fischer Medical Ventures Ltd (Fischer MVL), a leading force in India’s healthcare technology sector, has announced a groundbreaking partnership with BluSim Tech Pte Ltd, a Singapore-based pioneer in real-time monitoring solutions for elderly care. This collaboration aims to transform nursing home care on a global scale. Fischer MVL: A Legacy of Innovation Fischer MVL, formerly …

AXISCADES Starts the Delivery of Man Portable Counter Drone Systems to the Indian Army

AXISCADES Starts the Delivery of Man Portable Counter Drone Systems to the Indian Army

10 June 2024

On June 10, 2024, AXISCADES Technologies Ltd announced in an exchange filing the commencement of delivery for a substantial quantity of Man Portable Counter Drone Systems (MPCDS) to the Indian Army. This contract signifies a significant achievement for AXISCADES as it embarks on providing these pioneering systems, the first of their kind, to be integrated …

MICL Makes Strategic Move into BKC’s Premium Redevelopment Market

MICL Makes Strategic Move into BKC’s Premium Redevelopment Market

10 June 2024

Man Infraconstruction Limited (MICL), a prominent Mumbai real estate developer, announced a significant acquisition. MICL has secured a prime redevelopment project within Bandra Kurla Complex (BKC), marking a strategic move into the high-end redevelopment segment in this coveted location. Redeveloping a Landmark Address This prestigious project signifies the redevelopment of Artek Co-operative Housing Society Limited …

Havells India Partners with Jumbo Group to Expand into the UAE Market

Havells India Partners with Jumbo Group to Expand into the UAE Market

10 June 2024

On June 10, 2024, Havells India Ltd announced in an exchange filing its entry into the kitchen appliances market through a strategic partnership with Jumbo Group in the UAE. Jumbo Group is a leading distributor of consumer electronics and technology products in the UAE. The company stated this partnership is set to enhance its product …

PNB Plans to Expand Global Reach with Dubai Representative Office

PNB Plans to Expand Global Reach with Dubai Representative Office

10 June 2024

Punjab National Bank plans to open a representative office in Dubai to extend its global reach. According to the Managing Director of PNB, Atul Kumar Goel, the board of directors has approved this initiative, and the bank is currently in the process of obtaining regulatory clearance. He stated that if all regulatory approvals are in …

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