On June 3, 2024, JTL Industries Limited (JTL) announced in a stock exchange filing the completion of Phase 1 of expansion at its recently acquired subsidiary, Nabha Steels and Metals. The company stated their significant milestones in completing its capex plans for its subsidiary, Nabha Steels and Metals. Phase 1 of the expansion has been …
Signpost India Ltd., a leading out-of-home advertising company, and Bharat Petroleum Corporation Ltd. (BPCL), a premier Indian oil marketing company, announced a strategic collaboration to generate additional non-fuel revenue for BPCL. This partnership leverages Signpost India’s extensive network and innovative cloud-based platform to create a win-win situation for both companies. Expanding Reach and Revenue Streams …
Endurance Technologies Limited, a leading Indian automotive component manufacturer, announced a significant acquisition through its Italian subsidiary, Endurance Overseas Srl. Endurance has acquired a 100% stake in Ingenia Automation Srl (Ingenia), an Italian company specialising in industrial automation systems. Strengthening Automation Expertise The acquisition of Ingenia, headquartered in Turin, Italy, marks a strategic move for …
The benchmark index S&P BSE 500 opened today at 34,568.16 and made its day high at 34,634.55, and it is trading in green today, up by more than 2.5%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 10% today. Adani Power Ltd …
Puravankara Limited, a leading name in Indian real estate, has announced a significant expansion in Mumbai through its subsidiary, Purva Oak Private Limited. The company has acquired a prime land parcel of 12.75 acres in Patlipada, Thane, strategically located on Ghodbunder Road. Promising Development with High Growth Potential This strategic land acquisition boasts an estimated …
India happens to be the 3 largest automobile market in the world. From April 2022 to March 2023, the automobile industry produced a total of 25.93 million vehicles, which included passenger cars, commercial vehicles, tricycles, two-wheelers, and quadricycles. Given that it is the world’s largest tractor, 2nd largest bus, and 3rd largest heavy truck producer, …
Indian benchmark indices kicked off the trading session with a bang, soaring to record highs with robust gains. The surge attracted global investors following exit polls predicting a historic third-term victory for the BJP. Most sectors demonstrated resilience, while the power, utilities, energy, and capital goods sectors reached new heights. At 11:00 am, the BSE …
Market Surge Following Exit Polls On the heels of exit polls predicting a landslide victory for the NDA, the Indian stock markets opened at record highs. Both the Nifty 50 and Sensex surged nearly 3%, reaching record highs of 23,338.70 and 76,738.89, respectively. The market’s strong performance reflects investor optimism spurred by the anticipated political …
Indian Market Soars on Exit Polls The Indian market is witnessing a significant surge on Monday following exit polls projecting that the NAD alliance could secure 350-370 seats, potentially facilitating the formation of a government for a third consecutive term. Market participants are buoyed by the prospect of a stable government at the center, anticipating …
Adani Ports and Special Economic Zone Limited (APSEZ) is an Indian multinational port operator and logistics company, which is a part of Adani Group. APSEZ is India’s largest private port operator with a network of 12 ports and terminals, including India’s first port-based SEZ at Mundra and the first deep-water trans-shipment port at Thiruvananthapuram. Adani …
