On September 5, 2024, Goldiam International Limited announced a significant milestone in its business operations. The company has secured purchase orders worth ₹70 crore from major retailers in the USA for diamond-studded gold jewellery. Notably, 80% of these orders are for lab-grown diamond jewellery, underscoring a growing market trend towards sustainable and innovative jewellery solutions. …
Meghna Infracon Infrastructure Limited is pleased to announce the launch of its latest residential project, “Manju Villa,” situated in Goregaon (West). This project signifies our strategic entry into Mumbai’s luxury real estate market. Manju Villa will encompass approximately 30,000 square feet of construction area and is anticipated to generate revenue of around ₹370 million upon …
RateGain Travel Technologies Limited (RateGain), a leading global provider of SaaS solutions for the travel and hospitality industry, announced today that TAAG Angola Airlines E.P., Africa’s premier airline with a rich history spanning 70 years, has selected AirGain, RateGain’s innovative airline revenue management product, to gain real-time competitive insights. This strategic partnership empowers TAAG Airlines …
Suzlon Energy shares will be in focus on September 05, 2024, as the leading Indian wind energy company announced the sale of its corporate office, “One Earth Property,” to OE Business Park Pvt. Ltd. The transaction was finalised at a total consideration of ₹440 crore. On September 05, 2024, Suzlon shares opened at ₹75.67 and …
In a significant announcement that could impact the strategies of auto companies like Maruti Suzuki, Toyota, and Honda, G20 Sherpa Amitabh Kant reaffirmed the government’s commitment to a substantial duty differential between electric vehicles (EVs) and hybrids. This policy aims to accelerate the adoption of zero-emission technologies and bolster India’s green mobility initiatives. Speaking at …
Adani Enterprises, the main company of the Adani group, has formed a subsidiary in Kenya as it pushes forward with plans to manage Jomo Kenyatta International Airport in Nairobi. The company, led by Gautam Adani, has created a fully-owned subsidiary in Kenya called Airports Infrastructure PLC (AIP), as mentioned in a statement filed by Adani …
On September 4, 2024, Fosfor, a part of LTIMindtree, a global company specialising in technology consulting and digital solutions, officially launched its Fosfor Decision Cloud, a platform integrated with Snowflake that combines modern data tools to improve decision-making and boost business results. To enhance its capabilities, the platform now includes Snowflake Partner Connect, Snowflake Technology …
On September 4, 2024, Lupin Limited, a global pharmaceutical company, announced the launch of its Mirabegron Extended-Release Tablets, 50 mg, in the United States. This product received approval from the U.S. Food and Drug Administration (U.S. FDA). The tablets are a generic version of Astellas Pharma’s Myrbetriq® Extended-Release Tablets, 50 mg. As of July 2024, …
On September 4, 2024, Satin Creditcare Network Limited (SCNL), a leading microfinance institution in India, successfully completed its first Pass-Through Certificate (PTC) transaction with HSBC India. The deal, worth ₹119.12 crore, was finalised with a coupon rate of 9.30%. Transaction Highlights Instrument: Series A1 PTCs Issue Date: August 30, 2024 Maturity Date: August 12, 2026 …
Apollo Hospitals Enterprise has announced the incorporation of Apollo 24/7 Insurance Services Limited, a wholly-owned subsidiary of Apollo Healthco Limited, which itself is a wholly-owned subsidiary of Apollo Hospitals Enterprise. This new entity was officially registered on September 3, 2024, and will function as a wholly owned step-down subsidiary of Apollo Hospitals Enterprise. Apollo 24/7 …
