On May 31, 2024, Kamat Hotels India Ltd announced the launch of The Orchid–Toyam, a wellness retreat resort in Pune, Maharashtra. This resort serves as a wellness retreat, combining opulent leisure amenities with comprehensive wellness services. It allows guests to relax, recharge, and rejuvenate in a holistic environment. The resort offers various treatments to rejuvenate …
On May 31, 2024, Cochin Shipyard Limited informed the stock exchanges that the company’s wholly-owned subsidiary, Udupi Cochin Shipyard Limited (UCSL), has bagged a prestigious order from its existing customer, Ocean Sparkle Limited (OSL). Shri Harikumar A, CEO of UCSL, and Shri Hiren Shah, MD and CEO of OSL, signed the contract for the construction …
Jio Financial Services has introduced the beta version of its new application, called JioFinance, the launch marked a significant step in the company’s mission to revolutionize the digital finance landscape in India. The purpose of the app is to provide a comprehensive suite of financial services to its users by integrating various features into a …
According to a TOI report, India’s central bank, the Reserve Bank of India (RBI), has repatriated 100 tonnes of gold from the United Kingdom (UK) and plans to bring more in the coming months. This significant move marks the first large-scale gold transfer since 1991, when India had to pledge its gold reserves during a …
Suzlon Energy is an Indian Multinational wind turbine manufacturer founded in 1995, It is headquartered in Pune. It is a pioneer in the field of wind energy, it currently has a presence in 17 countries and has installed over 12,860 wind turbines across 6 continents. The company has received its first order from Oyster Green …
Cummins India, a prominent player in the engineering sector, experienced a significant drop in its share price, tumbling by 6%. This decline came in response to the management’s cautious outlook on the company’s export business, which has raised concerns among investors. Financial Performance in Q4FY24 In Q4FY24, Cummins India reported a mixed financial performance. The …
On May 31, 2024, PTC India Financial Services Limited announced its financial performance for the quarter and the full year that concluded on March 31, 2024. Highlights for Q4 FY 2024 and FY 2024 For the fourth quarter of the fiscal year 2024, the company achieved a Profit After Tax (PAT) of ₹13.85 crore. Over …
Waaree Renewable Technologies Limited (WAAREERTL), a leading player in India’s clean energy sector, announced the successful acquisition of a new solar power project contract. The company received a Letter of Award (LOA) for the engineering, procurement, and construction (EPC) works associated with a 26.4 MW DC capacity solar power project. Project Scope and Responsibilities This …
On May 31, 2024, PVR INOX announced that they had launched a 3-screen multiplex at Machilipatnam, Andhra Pradesh. The company stated that this is their first multiplex at Varam Central Mall in Machilipatnam, Andhra Pradesh. With a seating capacity of 872 guests, it marks PVR INOX Limited’s first establishment in Andhra Pradesh after the merger …
On May 31, 2024, Suzlon Group informed in an exchange filing that the company had secured a new order win to develop an 81.9 MW wind energy project for Oyster Green Hybrid One Private Limited. Suzlon will install 26 Wind Turbine Generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of …
