India is one of the fastest-growing and most diverse alcoholic beverage markets globally. The sector demonstrates significant growth potential, driven by favourable demographics and increasing social acceptance. In recent years, the alcoholic beverages industry in India has experienced remarkable expansion. The market size for alcohol in India is projected to reach USD 55.84 billion by …
Havells, a leading company in the Fast-Moving Electrical Goods (FMEG) sector, has launched its newest products: the Studio Meditate AP400 and AP250 air purifiers. Building on the success of the previous Studio Meditate model, which was well-received for its SpaceTech technology, these new air purifiers offer even more advanced features and better performance to ensure …
On September 4, 2024, NATCO Pharma Limited announced that its wholly-owned Canadian subsidiary, NATCO Pharma (Canada) Inc., has invested US$ 8 million in eGenesis, Inc., a leading biotechnology firm specialising in xenotransplantation. eGenesis is at the forefront of developing human-compatible organs for transplantation. In March 2024, eGenesis achieved a significant milestone by performing the world’s …
On September 4, 2024, ITCONS E-Solutions Limited announced several significant contract wins, highlighting its growing presence in the IT services sector. The company secured a new work order from Wipro Limited, valued at ₹23,76,000. This contract involves providing onsite support services through 10 employees for network management, IT helpdesk, and desktop services at various ICICI …
The drone market in India is set to bring in $27 million in revenue in 2024, with an expected annual growth rate of 5.78% from 2024 to 2029. Drone manufacturers in India are experiencing impressive growth, driven by strong market trends and innovation. The industry is booming, with drones used in diverse fields such as …
Introduction: A New Milestone for RITES and NBCC RITES Ltd., a leading transport infrastructure consultancy, has announced a significant partnership with NBCC (India) Ltd., a central public sector enterprise under the Ministry of Housing Development. This collaboration aims to explore and execute a wide array of consultancy services, fee-based projects, and EPC (Engineering, Procurement, and …
Raymond Group is making headlines with its strategic demerger plans, which are set to reshape the company’s future. Shares of Raymond Lifestyle are poised to be listed soon, marking a significant milestone in the group’s demerger strategy. This move is part of Raymond’s larger vision to streamline its operations, focus on core competencies, and unlock …
Oil Marketing Companies (OMCs) stocks like Bharat Petroleum Corp. (BPCL), Hindustan Petroleum Corp. (HPCL), and Indian Oil Corp. (IOC) have shown resilience, gaining ground even as broader market indices face selling pressure. This surprising strength comes amid a steep fall in global crude oil prices, driven by renewed concerns about the economic health of the …
The shares of General Insurance Corp of India (GIC Re) saw a significant decline on Wednesday as the Indian government initiated the sale of a 6.78% stake in the company. This sale marks a strategic move by the government to reduce its stake in the state-owned reinsurer, with a targeted price of Rs 395 per …
Torrent Power is a big company in India that deals with making and delivering electricity. They do everything from making the power to sending it out to homes and businesses. They also make and sell power cables to help keep everything running smoothly. A new agreement was signed by Torrent Power Ltd. and the Department …
