Kaynes Technology, a prominent player in the semiconductor market, is drawing significant attention from investors following recent insights shared by the company’s Whole Time Director and CFO, Jairam Sampat with CNBCTV 18. Sampat provided a detailed outlook on the company’s plans and expectations for the future of its business. Focus on Semiconductor Business Kaynes Technology …
IOL Chemicals & Pharmaceuticals has announced its first-ever stock split. The company’s board has approved the stock split, which aims to make its shares more affordable and attract a wider range of investors. This move is expected to increase investor participation and improve liquidity in the market, as stated in the company’s exchange filing. IOL Chemicals …
Jubilant FoodWorks, the operator of restaurant chains like Domino’s Pizza and Dunkin’ Donuts in India, has signed a pact with Coca-Cola India. Starting April 1, 2024, Jubilant will purchase Coca-Cola’s sparkling beverages and other products for its outlets. The agreement includes popular Coca-Cola India brands such as Limca, Sprite, and Thums Up, which will now …
Fundamentally strong companies are built on solid business models, making them more resilient even in challenging market conditions. While many stocks may struggle during a market downturn, the shares of these strong companies often hold up much better. Before investing in any stock, it’s important to do thorough research. Start by examining the company’s financial …
Utkarsh Small Finance Bank (USFBL) witnessed a 2.5% rise in its share price early on December 30, 2024, reaching an intraday high of ₹35.80 by 9:19 AM. This surge came after the bank’s Management Committee approved the sale of a portfolio of non-performing assets (NPAs) and written-off loans to an asset reconstruction company (ARC) during …
Nava Ltd., formerly known as Nava Bharat Ferro Alloys Ltd., has a rich legacy dating back to its incorporation in 1972. Founded by Dr D Subba Rao, the company has grown under the leadership of his son, Mr D Ashok, who assumed the role of non-executive chairman in September 2024. Currently, operations are managed by …
SKF India Ltd., founded in 1961, is a prominent manufacturer of bearings and related products in India. As a subsidiary of AB SKF, a Swedish company established in 1907, SKF India has made substantial contributions to both the industrial and automotive sectors. SKF India and SKF India (Industrial) Limited Demerger In a meeting held on …
Hero MotoCorp has extended its partnership with Harley-Davidson to broaden the Harley-Davidson X440 lineup and co-develop a new motorcycle model. The collaboration, which began in 2020, aims to cater to domestic and select international markets, combining Harley-Davidson’s legacy with Hero MotoCorp’s manufacturing expertise. Expanding the Harley-Davidson X440 Lineup The Harley-Davidson X440 has proven to be …
Reliance Infrastructure Limited (Reliance Infra) announced that its wholly owned subsidiary, PS Toll Road Private Limited (PSTR), has been issued substitution notices by Axis Bank and IDFC First Bank. The notices, dated December 26, 2024, pertaining to alleged defaults in maintaining the Debt Service Reserve Account (DSRA) for the six-laning project on the Pune-Satara section …
Bikaji Foods International Limited announced the incorporation of its wholly-owned subsidiary, Bikaji Bakes Private Limited (BBPL), following approval from the Ministry of Corporate Affairs on December 28, 2024. Details of the Subsidiary BBPL, with an authorised and paid-up share capital of ₹1,00,000, is dedicated to entering the bakery and frozen food segment within the FMCG …
