Last year, in September, the Prequalification Unit Inspection Team (PQT-INS) of the World Health Organization (WHO) inspected Unit IV of APL Healthcare Limited, which is one of the wholly-owned subsidiaries of Aurobindo Pharma Ltd. Regarding the same, in March 2024, the World Health Organization gave its approval. Details of the Inspection Between September 11 and …
On Tuesday, the Sensex and Nifty ended the day with little change, remaining close to the flatline. The Sensex edged up by 0.22%, reaching a closing level of 73,667.96, while the Nifty saw a marginal uptick of just 0.01%, closing at 22,335.70 Notable movers in the Nifty 50 included HDFC Bank, TCS, and LTIMindtree, which …
Ambuja Cements, which acquired Sanghi Industries in 2023, will sell up to 2% of the company’s equity to ensure compliance with minimum public shareholding norms. Ambuja Cements’ Stake in Sanghi Industries Ambuja Cements will sell the 2% equity of Sanghi Industries in the open market starting March 13, 2024, till February 6, 2025, or the …
Tata Power Solar has achieved a significant milestone by commissioning India’s largest solar and battery energy storage system (BESS) project. Located in Rajnandgaon, Chhattisgarh, the project integrates a 100 MW solar PV plant with a 120 MWh utility-scale BESS. This innovative combination is expected to generate an estimated 243.53 million units of clean energy annually, …
Bharat Petroleum Corp and Linde India are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising technical setup, including price volume action before and a potential to bounce back and breakout. Currently trading at Rs 630.20 and Rs 6,326.45 respectively, their price structures align with positive signals from technical indicators …
Tata Consultancy Services Limited (TCS), a global leader in IT services, digital, and business solutions, spans a broad spectrum of industries and services. Its comprehensive portfolio, encompassing everything from IT and assurance services to digital software solutions, positions TCS as a pivotal player in the technology sector. The company’s involvement across diverse segments like BFSI, …
State Bank of India (SBI), the country’s largest commercial bank, has made a significant move in enhancing its digital infrastructure. In a recent development, SBI has selected Aurionpro’s iCashpro+ platform, marking a transformative step towards modernizing its cash management and transaction banking operations. This partnership underscores SBI’s commitment to staying ahead in the rapidly evolving …
The Indian defense sector achieved another successful milestone with the completion of Mission Divyastra, marking the inaugural test of the domestically developed Agni-5 missile featuring Multiple Independently Targetable Re-entry Vehicle (MIRV) Technology, as announced by Indian Prime Minister Shri Narendra Modi on Monday. “Proud of our DRDO scientists for Mission Divyastra, the first flight test …
On March 11, 2024, the Reserve Bank of India (RBI) announced that 7 Non-Banking Financial Companies (NBFCs) had surrendered their Certificates of Registration (CoR). The RBI, in the exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled CoR. Among these were prominent names …
As India gears up for elections, a familiar question that arises is what will happen to the important Oil Marketing Companies (OMCs)? It is well-known that these companies play the utmost role in the nation’s transportation sector. During elections, OMCs are one of the most discussed topics. Since October 2023, the share price of these …
