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Block Deal in Mphasis 15% stake changes in Large Trade

10 June 2024

Mphasis Limited is an Indian multinational information technology services and consulting company based in Bangalore. The company provides infrastructure technology and applications outsourcing services, as well as architecture guidance, application development and integration, and application management services. It serves the financial services, telecom, logistics, and technology industries. In April 2016, Hewlett Packard Enterprise sold the …

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BigBloc Construction and SCG International Launch AAC Wall Plant in Gujarat

10 June 2024

On June 10, 2024, BigBloc Construction Ltd informed in an exchange filing that SIAM Cement BigBloc Construction Technologies Pvt Ltd, which is a joint venture between the company and SCG International Corporation Co. Ltd (SCG International), has commenced its operations in India with the commencement of commercial production at its inaugural plant in Kheda, Gujarat. …

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Adani Airport Holdings Limited Achieves 1 Million Tonnes of Air Cargo Handling Milestone

10 June 2024

On June 9, 2024, Adani Enterprises Ltd informed in a stock exchange filing that the company’s subsidiary, Adani Airport Holdings Limited (AAHL), successfully handled 1 million tonnes of air cargo in the fiscal year 2023-2024. This milestone highlights AAHL’s strong operational capabilities and strategic growth in the aviation sector. The company stated that AAHL facilitated …

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KEC International Secures Orders Worth ₹1,061 Crore Across Various Sectors

10 June 2024

KEC International Ltd informed in an exchange filing that the company has secured new orders of ₹1,061 crore across its various businesses, including Transmission & Distribution (T&D), cables and railways. Under Transmission and Distribution, the company has secured orders across various regions, such as India, the Americas and East Asia Pacific. These achievements encompass a …

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Castrol India Introduces New Castrol EDGE Lineup for Passenger Cars

10 June 2024

On June 10, 2024, Castrol India Limited introduced a new lineup of products under the Castrol EDGE brand. These high-quality engine oils, known for their superior performance, have been enhanced with three new variants specifically designed for the passenger car market, catering to the changing requirements of automotive customers. Backing this release, the company launched …

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Wardwizard Drives Philippines’ Electric Vehicle Revolution with Landmark Order

10 June 2024

Wardwizard Innovations & Mobility Limited (WIML), a leading Indian electric vehicle (EV) manufacturer known for its “Joy e-bike” and “Joy e-rik” brands, has secured a monumental order valued at USD 1.29 billion. This significant deal comes from Beulah International Development Corporation, a prominent full-service business integrator and EPC firm in the Philippines backed by RP …

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Shares of Pavna Industries rise on acquiring land for a new greenfield plant in Uttarakhand

10 June 2024

About the acquisition Pavna Industries Limited, a leading name in India’s automotive parts manufacturing scene, has announced a strategic land acquisition in Pantnagar, Uttarakhand. This move paves the way for a new greenfield plant focused on die-cast component production. The acquisition highlights Pavna’s commitment to growth and its focus on strategically leveraging opportunities within the …

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JSW Energy Forges Path Towards Green Energy Leadership in India

10 June 2024

On June 10, 2024, JSW Energy Limited marked a significant advancement in transforming into a comprehensive “Energy Products and Services” company. This move highlights the company’s unwavering commitment to spearheading sustainable energy solutions and contributing to a greener future for India. JSW Energy is at the forefront of developing India’s largest commercial-scale green hydrogen project …

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Borosil Renewables Approves Rs 450 Crore Rights Issue

10 June 2024

Borosil Renewables, India’s leading solar glass manufacturer, has announced its decision to raise Rs.450 crore through a rights issue. This move is aimed at strengthening the company’s financial standing and supporting its growth initiatives in the renewable energy sector. Details of the Rights Issue The rights issue has been approved by the company’s board, which …

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KPI Green Subsidiary, Sun Drops Approves Private Share Placement to Dr Faruk G. Patel

10 June 2024

On June 7, 2024, Sun Drops Energia Private Limited, a wholly-owned subsidiary of KPI Green Energy Limited, gave Dr. Faruk G. Patel 10,66,098 shares. This will make up 16.62% of Sun Drops’ total shares. However, this decision must be approved by Sun Drops’ members and some other authorities before it happens. After the private placement, …

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