Ramkrishna Forgings Ltd primarily manufactures and sells forged components for automobiles, railway wagons, coaches, and engineering parts. It is the second-largest forging company in India. The company made headlines recently, by selling its entire 100% stake in Globe All India Services Limited to Yatra Online Limited. The deal, valued at Rs.128 Crores after adjusting for …
On September 12, 2024, Mappls MapmyIndia, a leading company in digital mapping and geospatial software, announced a new partnership with Zoomcar, a top self-drive car-sharing service. This collaboration allows users to book Zoomcar rentals directly through the Mappls App, improving travel planning and booking. Zoomcar offers over 25,000 cars in more than 99 cities, and …
On September 12, 2024, AGS Transact Technologies Limited announced the launch of its Prepaid Card Platform for ‘XtraPower’, the fuel and fleet management initiative by Indian Oil Corporation Limited (IOCL). This program, which is accepted at over 25,000 IOCL fuel retail outlets across India, processes fueling transactions exceeding ₹60,000 crore annually. AGS Transact Technologies will …
On September 12, 2024, Kalpataru Projects International Limited (KPIL) announced in a stock exchange filing that the company had secured new orders/notification of awards of ₹2,774 crore. The new orders include significant contracts in several key areas: Transmission & Distribution (T&D): KPIL has won orders in international markets, expanding its reach and capabilities in the …
Paytm is gearing up to re-submit its application for a payment aggregator (PA) license to the Reserve Bank of India (RBI). The company’s CEO, Vijay Shekhar Sharma, made this announcement during Thursday’s Annual General Meeting. The company’s renewed interest in the PA license comes after it secured government approval to invest in its payment services …
JSW Steel reported that its total crude steel production for August 2024 was 23.16 lakh tonnes. The company has completed commissioning major facilities to increase capacity at BPSL from 3.5 MTPA to 4.5 MTPA, with production ramp-up expected by the third quarter of FY25. In India, crude steel production rose by 2% year-on-year, with 91% …
Kws: best etf in india, best etf funds, best etf funds in india Exchange-Traded Funds (ETFs) are investment funds traded on the stock exchanges, similar to individual stocks. These are designed to track the performance of a specific index, sector, commodity, or asset class, offering investors with diversified exposure to a wide range of securities. …
Nazara Technologies Limited, through its wholly-owned subsidiary Nazara Dubai FZ, has announced the acquisition of a 15.86% stake in GetStan Technologies Pte. Ltd (STAN), a leading esports community platform in India. Nazara will acquire this stake for approximately ₹18.4 crore (US$2.2 million) in an all-cash secondary transaction. The company stated that STAN is a prominent …
Shares of Honasa Consumer, the parent company of Mamaearth, experienced a sharp decline of over 5% on Thursday following a significant block deal that saw 10.9% of its outstanding equity change hands. The stock dipped below the crucial Rs 500 mark, raising investor concerns about the immediate future of this popular consumer brand. Key Highlights …
Public Sector Undertakings (PSUs) have long been a cornerstone of many economies, playing a crucial role in sectors like energy, transportation, and utilities. For investors, PSU stocks offer a blend of stability, dividends, and potential for growth. In this article, we will explore the best PSU stocks in India in September 2024. Best PSU Stocks …
