Valor Estate Limited (VEL), a leading real estate developer in India, announced a significant restructuring plan aimed at streamlining operations and unlocking further growth potential. The Board of Directors has approved a Composite Scheme of Amalgamation and Arrangement (Composite Scheme) that proposes the following key actions: Merger and Demerger: Esteem Properties Private Limited (Esteem), a …
Zen, a leading Indian provider of anti-drone technology and defence training solutions, has achieved a significant milestone in bolstering the nation’s air defence capabilities. The company successfully delivered its innovative Zen Anti-Drone System with Hard-Kill (Zen ADS HK) to the Army Air Defence College (AADC) in Gopalpur, Odisha. Meeting Evolving Threats The AADC, responsible for …
On June 6, 2024, Nessa International Holdings Limited, an FSN E-Commerce Ventures Limited subsidiary, established a new wholly-owned subsidiary in Kuwait named Nysaa International for Wholesale and Retail Trade. The promoter, promoter group, or affiliated entities are not involved or interested in the established entity. Therefore, there are no concerns regarding the nature of interest …
Sun Pharmaceutical Industries Limited, along with its subsidiaries and affiliates, has entered into an agreement with HaystackAnalytics Private Limited (“Haystack”). Under this agreement, Sun Pharma will acquire a 9.6% stake in Haystack’s total outstanding securities. HaystackAnalytics Private Limited (Haystack) is registered under the Companies Act 2013. Its registered office is in Mumbai. Haystack develops genomic …
Tata Chemicals Limited is an Indian multinational corporation with interests in chemicals, crop protection, and specialty chemistry products The company is headquartered in Mumbai and has operations across India, Europe, North America, and Africa. Tata Chemicals is a part of the Tata Group and its shares are listed on the exchanges. It has a market …
The NSE benchmark is inching closer to the 23,000 milestone, trading up by 161 points or 0.70% in early trade on Friday. Nifty IT in Focus All sectors were trading in the green on Friday, led by Nifty IT. The Nifty IT index jumped 3.19%, marking its best single-day performance in over five months. The …
The benchmark index S&P BSE 500 opened today at 33,828.11 and made its day high at 34,152.77, and it is trading in green today, up by more than 0.90%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Amara Raja Energy …
The Indian markets are trading in the green and higher than the closing levels of the last trading session. Currently, the BSE Sensex is trading at around 75,631, representing a gain of 0.74%, or an increase of 556.93 points compared to the closing levels of the previous day. Meanwhile, on the NSE Nifty 50, trading …
On Friday, the benchmark indices were trading in the green with the Sensex up around 328 points or 0.44% at 75,403, while the Nifty-50 was up around 115 points or 0.51% at 22,937. About 2,609 shares have advanced; 842 declined and 142 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
ITC Limited is an Indian conglomerate company, headquartered in Kolkata. It has a presence across six business segments, namely FMCG, hotels, agribusiness, information technology, paper products, and packaging. The ITC shareholders have approved the demerger of ITC Hotels with a majority of 99.6%. Proposed Demerger ITC approved the Scheme of Arrangement between ITC Ltd and …
