Route Mobile Limited, a prominent global player in cloud communication services, announced on September 13, 2024, a significant milestone in its corporate journey. Its promoter entity, Proximus Opal S.A., successfully divested a substantial 6.03% stake in the company through an Offer for Sale (OFS) conducted on September 12 and 13. This strategic move, coupled with …
Jewellery stocks have been shining brightly on Dalal Street, adding a touch of brilliance to investors’ portfolios. A surge in demand and positive market sentiment has led these stocks to exceed expectations and significantly boost investors’ wealth. Top companies in the sector have enjoyed substantial gains, driven by rising gold prices and increased festive season …
Satin Creditcare Network Limited is committed to helping women in rural and semi-urban areas achieve financial independence by offering them microfinance services. The organization’s goal is to reduce poverty and advance financial inclusion by giving people who have historically been underserved by the formal banking industry access to credit. Satin Creditcare has established itself as …
EaseMyTrip has emerged as a prominent e-travel company in India, providing a plethora of services to meet the varied demands of passengers. Customers may quickly search for and reserve the travel services they want with just a few clicks, thanks to an intuitive mobile app and website. Over the years, the company has amassed a …
Mankind Pharma has grown its footprint internationally and established itself as a major force in the Indian pharmaceutical market. The company has a solid reputation among consumers and healthcare professionals because of its dedication to offering high-quality, reasonably priced healthcare products. Mankind Pharma has a broad range of products that address different medical requirements. The …
On September 18, 2024, Jupiter Wagons Limited (JWL) revealed a ₹2,500 crore plan to build a new facility in Odisha for producing advanced forged wheelsets. This new plant will boost the production capacity of JWL’s subsidiary, Jupiter Tatravagonka Railwheel Factory Private Limited (JTRFPL), from 20,000 forged wheelsets a year to 100,000 forged wheelsets annually. The …
The FMCG sector in India has witnessed growth because of consumer-driven growth and higher product prices, especially for essential goods. During 2021-27, the total revenue of the FMCG market is likely to grow at a CAGR of 27.9%, reaching nearly US$615.87 billion. The Union government approved a new PLI scheme for the food processing sector, …
On September 18, 2024, Inox Wind Limited (IWL), a leading wind energy company in India, received a Letter of Intent (LoI) from IGREL Renewables Ltd (IGREL) to develop 550 MW of wind power. This project involves supplying, installing, and commissioning Wind Turbine Generators (WTGs) and providing multi-year operations and maintenance services after the installation. The …
Man Infraconstruction Limited (MICL Group), a renowned name in the luxury residential real estate sector, has successfully completed its 19th real estate project (including phases), Aaradhya Evoq. This marks yet another milestone for MICL Group, as all their projects have been delivered ahead of schedule, reaffirming their commitment to timely execution and exceptional quality. With …
Vaibhav Global Limited (VGL) is delighted to announce that CARE Ratings Limited has upgraded its long-term bank facilities rating from “CARE A” to “CARE A+” with a stable outlook. This significant upgrade underscores the company’s robust financial position and positive outlook. The short-term rating has been reaffirmed at “CARE A1” with a stable outlook, reflecting …
