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SpiceJet Shares Zoomed Over 2%: Settles $23.39 Million Dispute

SpiceJet Shares Zoomed Over 2%: Settles $23.39 Million Dispute

15 October 2024

On October 15, 2024, SpiceJet shares surged over 2% in the morning following the company’s successful resolution of a $23.39 million dispute with Aircastle (Ireland) Designated Activity Company and Wilmington Trust SP Services (Dublin) Limited for a total of $5 million. This agreement also addresses the treatment of certain aircraft engines and was reached amicably, …

Maruti Suzuki’s Share Price Declines 1%; Launches Baleno Regal Edition

Maruti Suzuki’s Share Price Declines 1%; Launches Baleno Regal Edition

15 October 2024

On October 14, 2024, Maruti Suzuki India Limited (MSIL) launched the new Baleno Regal Edition, a special version of its popular premium hatchback, the New Age Baleno. This new edition will be available across all variants, including the automatic and CNG options.  The Baleno Regal Edition aims to enhance the vehicle’s appeal with added cabin …

Sealmatic Shares Zoomed ~2%: Signed Partnership To Expand Business in Saudi Arabia

Sealmatic Shares Zoomed ~2%: Signed Partnership To Expand Business in Saudi Arabia

15 October 2024

Sealmatic India Limited has significantly expanded its global footprint by partnering with Saudi Thalate General Manufacturing Industrial Co Ltd (STG) in the Kingdom of Saudi Arabia (KSA). This strategic alliance marks a pivotal moment for Sealmatic, as it enters a market renowned for its burgeoning industrial sector and substantial demand for high-quality sealing solutions. The …

VA Tech Wabag Wins ₹1,000 Crore Desalination Order; Share Price Rose By Over 3%

VA Tech Wabag Wins ₹1,000 Crore Desalination Order; Share Price Rose By Over 3%

15 October 2024

VA Tech Wabag Limited has announced a significant achievement in its Global Leadership position in the desalination sector, securing a mega order worth ₹1,000 crore from Indosol Solar Private Limited. This order marks a pivotal step for WABAG in providing water security for the solar photovoltaic (PV) sector. The order encompasses a comprehensive scope of …

RBI Approves Tata Capital-TMFL Merger, Paving the Way for Major Financial Growth

RBI Approves Tata Capital-TMFL Merger, Paving the Way for Major Financial Growth

15 October 2024

The Reserve Bank of India (RBI) has approved the merger between Tata Capital, which is not listed on the stock exchange, and Tata Motors Finance (TMFL), clearing the path for the creation of India’s 12th largest non-banking finance company.  According to regulatory filings, the RBI gave its “no-objection” to both companies earlier this month. As …

Stocks To Watch Today on October 15, 2024: Reliance Industries Share, HCLTech Shares in Focus

Stocks To Watch Today on October 15, 2024: Reliance Industries Share, HCLTech Shares in Focus

15 October 2024

On Tuesday, October 14, 2024, SGX Nifty traded 25,240.0, up 0.67% at 08:10 AM, indicating a positive start for the Indian domestic indices. Check out a few stocks, which will be in focus during the trading session. Reliance Industries Ltd RIL reported a 4.8% year-on-year drop in consolidated profit for Q2 FY25, reaching ₹16,563 crore, …

EaseMyTrip Announces 1:1 Bonus Shares

EaseMyTrip Announces 1:1 Bonus Shares

15 October 2024

Easy Trip Planners Limited (EaseMyTrip), announced on Monday that its Board of Directors has approved the issuance of 1 (one) bonus equity share for every 1 (one) fully paid-up equity share. The bonus shares will be issued from the company’s available reserves as of March 31, 2024, and this move highlights EaseMyTrip’s commitment to rewarding …

Ashoka Buildcon Secured Projects Worth Rs 2309.99 Crore

Ashoka Buildcon Secured Projects Worth Rs 2309.99 Crore

14 October 2024

Ashoka Buildcon Ltd. saw its share price soar over 8% today,  Monday, October 14, 2024, hitting its highest in more than a month. This jump came right after the company announced it had secured three major projects worth a total of Rs.2,309.99 crore from the Maharashtra State Road Development Corporation (MSRDC). Details of the Projects …

Ace Software Exports: New Leadership, 25.5% Profit Growth, Debt-Free – Watch Out!

Ace Software Exports: New Leadership, 25.5% Profit Growth, Debt-Free – Watch Out!

14 October 2024

New Management at the Helm: Amit Mansukhlal Mehta Takes Charge Ace Software Exports, a renowned digital content provider specialising in Document Management, Digital Publishing, and Data Conversion solutions, is transforming significantly with fresh leadership. Earlier this year, Amit Mansukhlal Mehta made a substantial offer to acquire a stake in Ace Software Exports Limited. He acquired …

Transformers and Rectifiers India Stock Soars to Upper Circuit After Block Deal

Transformers and Rectifiers India Stock Soars to Upper Circuit After Block Deal

14 October 2024

Block Deal Sends Stock to Upper Circuit Transformers and Rectifiers India shares surged to their 5% upper circuit on Monday following a significant block deal worth Rs 211 crore. Around 27 lakh shares exchanged hands at a floor price of Rs 780 per share, marking a 2.6% discount from the previous close. At 9:55 AM, …

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