NTPC Green Energy Ltd., a subsidiary of NTPC Ltd., India’s largest thermal power producer, is spearheading the development of a green hydrogen hub at Pudimadaka, near Visakhapatnam in Andhra Pradesh. This ambitious project is India’s first initiative under the National Green Hydrogen Mission. Prime Minister Narendra Modi is set to lay the foundation stone for …
Goldiam International Limited has marked a major milestone by launching the website for its domestic retail lab-grown diamond brand, ORIGEM, at www.origemindia.com. This move reflects the company’s focus on meeting the rising demand for eco-friendly and sustainable luxury products. Share Price Performance Goldiam International’s share price has surged over 13% as of 11:31 am on …
Larsen & Toubro Limited (L&T), a global leader in engineering and construction, has announced multiple new orders in its Power Transmission & Distribution (PT&D) segment. These projects, awarded across India and the Middle East, underscore the company’s expertise in delivering cutting-edge infrastructure solutions. The newly secured contracts fall under the “Large” category, valued between ₹2,500–₹5,000 …
NESCO Limited has been declared the highest bidder by National Highways Logistics Management Limited for developing, operating, and maintaining wayside amenities along the Bengaluru-Chennai Expressway Corridor (Phase II). The company will operate under a 30-year lease agreement, with an option to extend for another 30 years. Share Price Reaction Following the announcement, NESCO’s share price …
Persistent Systems Limited has announced the acquisition of select assets from M/s. Soho Dragon Solutions India Private Limited. The deal, valued at $5.94 million, is expected to strengthen Persistent presence in the BFSI sector. Persistent share price was trading up by 0.70% at 9:59 AM on January 7, 2025. Key Details of the Acquisition Persistent …
Ashoka Buildcon Ltd, a construction and engineering company, recently announced that its wholly-owned subsidiary, Ashoka Bowaichandi Guskara Road Private Ltd, has signed a concession agreement with the National Highways Authority of India (NHAI). The project involves the development of a 4-lane economic corridor in West Bengal under the Hybrid Annuity Mode (HAM). The contract, valued …
Ajooni Biotech Ltd, a company specialising in pure vegetarian animal healthcare solutions, has announced a strategic move to raise ₹45 crore. The funds will be generated through the issuance of 5 crore convertible warrants, priced at ₹9 each. This step is aimed at reinforcing the company’s financial structure and supporting its growth initiatives in the …
Page Industries Ltd., the exclusive licensee of Jockey and Speedo in multiple regions, has announced Karthik Yathindra as its new CEO, effective April 1, 2025. With over 9years of experience within the company, Yathindra’s appointment marks a strategic step towards strengthening its leadership in the innerwear and swimwear markets. Karthik Yathindra’s Leadership Journey Yathindra has …
Power Grid Corporation of India Ltd. (Power Grid) has been declared the successful bidder under the Tariff Based Competitive Bidding (TBCB) process for 2 projects aimed at upgrading India’s Inter-State Transmission System. The projects, announced on January 6, 2025, will be executed under the Build, Own, Operate, and Transfer (BOOT) model and focus on substations …
Bharat Petroleum Corporation Ltd (BPCL) announced on January 6 that its board has given in-principle approval for an Initial Public Offering (IPO) of Maharashtra Natural Gas Ltd (MNGL). The proposed IPO, valued at over ₹1,000 crore, is subject to regulatory and other necessary clearances. MNGL Ownership Structure MNGL is a joint venture where Indraprastha Gas …
