On April 25, 2024, CIE Automotive India Limited informed in an exchange filing that the company’s wholly-owned subsidiary, CIE Hosur Limited (CHL), entered into a Share Subscription and Shareholders Agreement (SSSHA) with Ojaha Renewables Private Limited (ORPL) wherein CHL had agreed to invest and subscribe equity share capital of ORPL. Details of the Acquisition CIE …
Bajaj Auto Limited is an Indian multinational automotive manufacturing company, It is the world’s third-largest manufacturer of motorcycles and the second-largest in India. It is the largest three-wheeler manufacturer in the world, The company is set to expand its electrical vehicle business ahead. Here it will face tough competition with the third-largest motorcycle company in …
The Indian subsidiary of Japanese automaker Suzuki Motor Corporation, Maruti Suzuki India Ltd. has reported a net profit of Rs.3,877.8 crores in Q4 FY 2023-24 which is up 47% from Q4 FY 2022-23 but has still missed the expectations of analysts. The company has also declared a dividend of Rs.125 per share. The company with …
In the dynamic landscape of financial markets, smart asset allocation stands as a cornerstone of successful investment strategies. One avenue for optimising allocation is by delving into the breakdown from the Nifty500 to the Nifty Midcap Select indices. This approach allows investors to gain deeper insights and potentially uncover opportunities within different segments of the …
On April 26, 2024, Tata Communications informed the stock exchanges that the company has been recognised as a Leader in the 2024 Gartner Magic Quadrant for Global WAN Services for the 11th straight year. The evaluation from Gartner was based on specific criteria that analysed the company’s overall completeness of vision and ability to execute. …
On April 25, 2024, Tanla Platforms Limited released its financial results for the fiscal year ended 2024 and Q4 FY 2024. In FY 2024, the company reported an increase in its revenue by 17.1% year-over-year to ₹39,278 million. Financial Highlights of FY 2024 In FY 2024, Tanla Platforms Limited reported a gross profit of ₹10,559 …
Kirloskar Industries is engaged in the business of iron castings, investments (securities and properties), wind power generation, and real estate. The company owns lands, buildings, apartments, and offices in Pune, New Delhi, and Jaipur. It has leased most of these lands, buildings, and offices to the group and other companies on a lease and license …
Vodafone Idea Ltd experienced notable trading activity today with a high of Rs 13.7 and a volume of 2.15 billion shares due to the block deal. Today the stock recorded the highest volume in a trading session since its inception. The stock is currently trading at Rs 13.45, down by 3.24% from its previous close …
On April 26, 2024, V.S.T Tillers Tractors Ltd informed in an exchange filing that on April 25, 2024, the company incorporated a wholly owned subsidiary in the name of VST Americas Inc. This new wholly-owned subsidiary was incorporated in the United States. This new subsidiary was set up to assist V.S.T Tillers Tractors Ltd in …
On April 25, 2024, REC Limited, a Maharatna Central Public Sector Enterprise and leading NBFC under the Ministry of Power, announced that it had availed a Green Loan of Japanese Yen (JPY) 60.536 billion to fund eligible green projects in India. The company also stated that the Italian Export Credit Agency, SACE (Italy), under their …
