Indian benchmark indices have rebounded from the initial knee-jerk reaction, with Nifty 50 trading above the 22,400 mark. This recovery is spearheaded by heavyweights such as TCS, HDFC Bank, and Infosys. Interestingly, the broader markets continue to outperform, with Nifty Mid-cap and Small-cap trading higher by 0.17% and 0.67%, respectively. Brahmaputra Infrastructure Ltd. Hits Upper …
On April 3, 2024, Bharti Airtel informed in a stock exchange filing that the company expanded its network footprint in Vadodara District under its rural network expansion project. Details of the Expansion in Vadodara On Wednesday, Bharti Airtel deployed additional sites in Vadodara district to densify its network. The company stated that the network expansion …
On April 2, 2024, Elpro International Limited stated in an exchange filing that the company had acquired equity shares of Religare Enterprises Limited. Details of the Acquisition On Tuesday, Elpro International Limited acquired shares of the investment company Religare Enterprises Limited for ₹3.56 crore. The company has acquired 1,61,795 Equity Shares in Religare Enterprises Limited. …
On April 03, 2023, Mahindra Holidays & Resorts India Limited, in an exchange filing, stated its flagship brand, Club Mahindra, has announced the addition of new resorts to its existing portfolio. This addition, by partnering with the resorts through an inventory alliance, is aimed at providing members with access to exotic destinations and unique experiences …
On April 3, 2024, HCL Technologies informed in an exchange filing that the company had launched a strategic initiative with Google Cloud to scale Gemini to global enterprises. Details of the Initiative HCL Technologies Limited (HCLTech) announced an extended alliance with Google Cloud to create industry solutions and drive business value with Gemini. Gemini is …
On April 02, 2024, one of the leading luxury real estate developers, Sunteck Realty Limited (SRL), announced that it entered into a long-term understanding/ agreement of its second premium commercial building at BKC Junction, Sunteck Icon to Bennett, Coleman & Co Ltd. As a result, the company is expanding the annuity income business of its …
On April 2, 2024, ICICI Lombard General Insurance Company Limited informed in an exchange filing that the company had acquired an additional 0.03% shares in Hero Motocorp Limited. The acquisition increases ICICI Lombard General Insurance Company Limited’s stake in Hero Motocorp Limited to 0.42%. Details of the Acquisition On Tuesday, ICICI Lombard General Insurance Company …
On April 02, 2024, Quick Heal Technologies Limited, in an exchange filing, stated that its enterprise arm, Seqrite, announced a strategic partnership with M. Tech Solutions (India) Pvt Ltd. As a result, M. Tech Solutions has been appointed as its Value-Added Distributor (VAD) for the Indian market. This collaboration aims to significantly strengthen Seqrite’s presence …
On April 2, 2024, JSW Energy informed in a stock exchange filing that the company plans to raise ₹5,000 crore through a qualified institutional placement (QIP) program. They aim to accomplish this by selling shares to high-net-worth investors in one or more tranches. Details of the Issue On Tuesday, JSW Energy stated that the company’s …
The premium air carrier of India, Vistara is facing a crisis as they are forced to cancel flights at large, passengers are not happy as some are made to wait more than 6 hours before any official communication while they’re stranded at the airport. Why are there mass cancellations in Vistara? Vistara said that the …
