InterGlobe Aviation Ltd., the parent company of India’s largest airline IndiGo, has approved an unsecured loan of $43 million to its wholly owned subsidiary, InterGlobe Aviation Financial Services IFSC Pvt. Ltd. (IndiGo IFSC). The decision, made during the Board of Directors meeting on December 19, 2024, aims to support the subsidiary’s funding requirements for aircraft …
BASF India Ltd.’s board of directors has approved the in-principle demerger of its agricultural solutions business into a separate listed entity. This announcement, made during the board meeting on December 19, 2024, is aligned with the global corporate strategy of its German parent company, BASF SE. Business Contribution & Revenue The agricultural solutions segment contributed …
Vakrangee share price is currently trading at ₹34.27, up by ₹2.19 (6.83%) as of 11:39 AM on December 20. The stock opened at ₹34.20, reached a high of ₹33.00, and is now at ₹34.96. Share Price Performance Vakrangee Limited is currently trading at ₹34.27, reflecting a notable increase of ₹4.52 (15.19%) over the past 5 …
On December 20, 2024, MTAR Tech shares rose by 6%, extending the previous day’s 5% gain after the company announced securing multiple orders valued at ₹226 crore. MTAR Technologies shares opened at ₹1,690.10 and touched the day high of ₹1,718.50 at 10:10 AM. MTAR Secured Multiple Orders Worth ₹226 Crore The largest order, valued at ₹190.9 crore, …
Sagility India share price is currently trading at ₹46.09, up by ₹2.19 (4.99%) as of 11:18 AM on December 20. The stock opened at ₹46.00, reached a high of ₹45.45, and is now at ₹46.09. Share Price Performance Sagility India share price is currently trading at ₹46.09, reflecting a significant growth of ₹5.24 (12.83%) over …
Tata Power Renewable Energy Limited (TPREL), a subsidiary company of Tata Power, has partnered with Canara Bank to encourage the use of rooftop solar systems under the PM Surya Ghar Scheme. This collaboration aims to make solar energy solutions more accessible and affordable for households by offering attractive financing options. Financing Options for Rooftop Solar …
Hyundai Motor India Limited (HMIL) has announced plans to use Made-in-India Absorbent Glass Mat (AGM) battery technology in its domestic car lineup. These AGM batteries, provided by Amara Raja Energy & Mobility Limited (ARE&M), will serve as Starting, Lighting, and Ignition (SLI) batteries. The batteries will be introduced in Q4 of FY 2024-25 as part …
Bharti Airtel has introduced a new prepaid recharge plan priced at ₹398, catering to users who seek premium entertainment and high-speed connectivity. This plan, which is available on the Airtel Thanks app, company website, and retail outlets, combines data benefits with a 28-day subscription to Hotstar Mobile, creating a value-packed offering for its customers. Features …
Adani Energy Solutions (AESL) has established a wholly owned subsidiary, Adani Energy Solutions Step-Ten Ltd (AESSTL), registered in Ahmedabad, Gujarat, on December 18, 2024. According to a regulatory filing, AESSTL will focus on power transmission, distribution, and related infrastructure services. The subsidiary is yet to start business operations. AESSTL’s authorised and paid-up share capital is …
ITC, a prominent multi-sector conglomerate, has generated considerable buzz with its announcement to demerge its hotel business, effective January 1, 2025. The decision, revealed on December 17, 2024, has sparked market interest, particularly after receiving robust shareholder support earlier this year. ITC Demerger Overview The demerger of ITC Limited and ITC Hotels Limited (ITCHL) was approved by …
