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Info Edge’s Strategic Investment in Printo: A Print-on-Demand Power Move

31 May 2024

Startup Investments (Holding) Ltd, a wholly-owned subsidiary of Info Edge (India) Ltd, has committed to investing approximately ₹3.23 crore in Printo Document Services Private Limited, a print-on-demand platform based in Mumbai. As of March 31, 2024, Printo Document Services Private Limited had a turnover of ₹129.36 crore and operates as an Info Edge (India) Ltd. …

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Kamat Hotels Unveils Luxurious New Retreat: The Orchid-Toyam

31 May 2024

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 …

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Cochin Shipyard’s Subsidiary Wins Prestigious Contract with Ocean Sparkle Limited

31 May 2024

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 …

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Jio Finance Launched The Beta Version of Its Application

31 May 2024

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 …

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PTC India Financial Services Limited Reports Strong FY2024 Financials with Robust Growth in Key Metrics

31 May 2024

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 …

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Waaree Renewable Technologies Scores New Solar Power Project Contract

31 May 2024

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 …

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PVR INOX Enters Andhra Pradesh Market with State-of-the-Art Multiplex in Machilipatnam

31 May 2024

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 …

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Suzlon Secures 81.9 MW Wind Project Order in Madhya Pradesh

31 May 2024

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 …

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Dr Reddy’s Subsidiary AOL Invests ₹6,500 Million in Step-Down Subsidiary APSL

31 May 2024

Dr Reddy’s Laboratories has announced that its wholly-owned subsidiary, Aurigene Oncology Limited (formerly Aurigene Discovery Technologies Limited), has invested ₹649,99,99,520 (approximately ₹6,500 million) in Aurigene Pharmaceutical Services Limited (APSL). Aurigene Pharmaceutical Services Limited issued 11,60,71,420 equity shares to AOL on May 30, 2024, at ₹10 each, with a premium of ₹46 per share. Aurigene Pharmaceutical …

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Tilaknagar Industries Adds Green Apple Flavor to Mansion House Flandy Range

31 May 2024

On May 31, 2024, Tilaknagar Industries Limited announced the launch of a new flavour innovation under its Flandy (premium-flavoured Brandy) range. Mansion House Flandy has now been launched in an all-new Green Apple flavour in the state of Telangana, to start with. The company stated that they have seen a very encouraging response to its …

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