On April 15, 2024, the renewable power generation giant Adani Green Energy Limited (AGEL) announced an operational update for the year (FY 2024) ending March 31, 2024. During the year, the operational capacity increased by 35% YoY to 10,934 MW with the greenfield addition of 2,418 MW solar and 430 MW wind power plants. This …
The retail jewellery showroom operator Senco Gold Ltd announced its business update for the quarter (Q4 FY2024) and year (FY 2024) ended March 31, 2024. The company recorded a YoY growth of 39% and 28% in Q4 FY2024 and FY2024, respectively. In spite of the rising gold prices, the company recorded a YoY growth of …
When Hindenburg in Last year published a short report on the Conglomerate, the shares of the majority of its companies touched 52-week lows. The insurance giant faced intense scrutiny over its decision to invest in the Adani group after allegations of stock manipulation fuelled by the Hindenburg report. LIC’s Investment Value Jump Though after such …
On April 15, 2024, Ramkrishna Forgings Limited announced in an exchange filing that the company secured a significant order for the prestigious Vande Bharat Train Set. This order, valued at ₹270 crore, is to be supplied to the Titagarh Rail Systems Limited (TRSL) and Bharat Heavy Electricals Limited (BHEL) consortium, marking a pivotal moment in …
On April 12, 2024, JSW Energy informed the stock exchanges about the acquisition of the 45 MW Vashpet Wind Project, located in Maharashtra, from Reliance Power Limited by JSW Renewable Energy (Coated) Limited (JSWRECL), a wholly owned subsidiary of JSW Neo Energy Limited and a step-down subsidiary of the company. Details of the Acquisition JSW …
Wise Travel India Ltd, one of the largest and fastest-growing people transportation companies in India, intends to add 1,000 electric vehicles to its fleet this year as part of its comprehensive sustainable mobility drive. The company is expanding in tier II cities like Jaipur, Chandigarh, Indore, and Coimbatore and is also planning to expand to …
The public sector consultancy and engineering services provider Engineers India Limited (EIL) recently announced that it has signed a Memorandum of Understanding (MoU) with Detect Technologies Private Limited for Real-Time Artificial Intelligence (AI) based Monitoring for Implementing Safe Practices at Construction Sites and Progress Monitoring for Clients in India and abroad. In line with the …
The hotel chain operator Royal Orchid Hotels Limited (ROHL) has increased its business presence with the opening of a new hotel, Regenta Central, in the coastal city of Puri. ROHLs maiden property in the state. This new hotel is the company’s 4th hotel in east India and has bolstered the company’s presence in the geography. …
The cloud and cognitive services provider Mphasis Limited recently announced a multi-year global Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS). This is a big step forward because it means that Mphasis is now leading the Gen AI Foundry. Artificial intelligence (AI) is a specialised business unit that focuses on business transformation, use case …
Indian benchmark indices took a significant dive, mirroring the downturn seen in global indices amid rising concerns over tensions between Israel and Iran. The downward trend was evident across broader markets as well, with selling pressure visibly impacting trading activities. At 10:45 am, the BSE Sensex tumbled 0.66% reaching a level of 73,764. The Nifty …
