Nazara Technologies has consistently been at the forefront of the Indian gaming revolution, boasting an impressive array of offerings across eSports, interactive gaming, and gamified learning. The strategic investment in Moonshine Technology is yet another testament to Nazara’s commitment to driving innovation and delivering unparalleled experiences to its user base. Acquired Stake in Moonshine Technology …
DCX Systems, headquartered in Bengaluru, India, is a prominent player in the defence and aerospace sector. The company excels in the manufacturing and integration of high-precision cable assemblies, wire harnesses, and mission-critical systems. Leveraging cutting-edge facilities and advanced technologies, DCX Systems caters to an impressive clientele, including global leaders in defence and aerospace. Got an …
As per news reports, Hyundai India is reportedly in discussions with TVS Motor to collaborate on the development of an electric three-wheeler, aiming to tap into India’s growing last-mile mobility market. The partnership could see TVS handle the local manufacturing, while Hyundai focuses on design and engineering, marking a significant step for Hyundai into the …
Kirloskar Industries Ltd has filed an appeal with the Securities Appellate Tribunal (SAT) against a directive issued by the Securities and Exchange Board of India (SEBI). The directive requires the company to disclose a 2009 Deed of Family Settlement (DFS) under SEBI’s Listing Obligations and Disclosure Requirements (LODR). The company argues that the matter is …
ITC share price was discovered at ₹455 per share in the special pre-open session for price discovery, reflecting a 5.6% drop or ₹27 from the previous day’s closing price. This comes as ITC’s hotel business is spinning off into a separate entity. The price of ITC Hotels will be fixed for the first day of …
Adani Wilmar, a major seller of edible oils and food products, reported a 6% increase in sales volume and a 33% rise in revenue for the December quarter. Joint Venture Changes Founded in 1999, Adani Wilmar is a joint venture between the Adani Group and Singapore’s Wilmar Group. Recently, Adani Group announced it is exiting …
Marico, announced mid-teen year-on-year (YoY) growth in consolidated revenue for the third quarter, reflecting robust performance driven by improving rural demand and stable urban sentiment. The company experienced sequential volume growth in its domestic business, benefitting from sustained market share gains in key product categories. Resilience in Domestic Segment Despite Rising Costs In its domestic …
Deep Industries has received a Letter of Award from the Oil and Natural Gas Corporation (ONGC) for the charter hiring of a 100MT workover rig. The contract, valued at ₹90.70 crore, will span seven years and will support ONGC’s operations in its Assam asset. Deep Industries Shares Performance On January 06, 2025, Deep Industries share price traded …
India’s largest private sector lender, HDFC Bank, is set to remain in the spotlight as it released provisional figures showcasing a notable divergence between deposit and loan growth for the quarter ending December 31, 2024. Deposit Growth Outpaces Loans HDFC Bank’s total deposits stood at ₹25.63 lakh crore, marking a robust growth of 15.8% year-on-year …
Bajaj Finance, a leading non-banking financial company (NBFC), announced its business updates for the October-December 2024 quarter in an exchange filing on Friday, January 3. The company reported strong growth across assets under management (AUM), deposits, and customer acquisition. AUM Surges 28% YoY The NBFC’s assets under management (AUM) grew by 28% year-on-year (YoY) to …
