In a momentous event that unfolded on October 17, 2023, the Ministry of Defence orchestrated a groundbreaking contract that promised to reshape the horizon of maritime training for the Indian Coast Guard (ICG). Nestled in the heart of New Delhi, this pivotal agreement, valued at Rs 310 crore, was inked with none other than the …
In a groundbreaking move, the Rural Electrification Corporation Limited (REC), now a ‘Maharatna’ company under the Ministry of Power, has forged a visionary partnership with the National Informatics Centre Services Inc. (NICSI), a subsidiary of the National Informatics Centre (NIC) operating under the Ministry of Electronics & Information Technology, Government of India. This Memorandum of …
In a rollercoaster of a day for Infosys, the stock opened with a thunderous gap-down on Friday, leaving investors jittery. But what followed was nothing short of remarkable. Infosys, like a phoenix rising from the ashes, fought its way back from the abyss, clawing its way to an intraday high of Rs 1438. It defied …
The Indian economy, one of the world’s most dynamic and diversified, is experiencing significant shifts in its trade dynamics. In September 2023, India’s exports, particularly in merchandise, demonstrated both strengths and challenges. This blog post delves into the latest trade statistics, showcasing India’s trade deficit, sector-wise performance, and the trends that are shaping the country’s …
Lloyd Metals & Energy Ltd. (Lloyd) has announced its expansion into the renewable energy sector through the incorporation of a 100% wholly owned subsidiary (WOS) company named Lloyds Surya Private Limited (LSPL). LSPL will engage in the generation of renewable energy and other allied activities. Lloyd Metals & Energy Ltd (Lloyd) is a debt-free company …
Did you know that the U.S. stock market and India’s NSE are worlds apart in many ways? Join us as we uncover fascinating insights, including a jaw-dropping revelation about one tech giant’s daily trade that could leave you wide-eyed. Recent Trends in the NSE Unlocking NSE’s Near-Monopoly: The F&O Trading Revolution The National Stock Exchange …
India’s journey towards becoming self-reliant in manufacturing has been marked by a series of visionary steps, with the latest being a pivotal upgrade to the Production Linked Incentive (PLI) Scheme for White Goods. This scheme, aimed at encouraging the production of components and sub-assemblies for Air Conditioners (ACs) and LED Lights, has witnessed further refinements …
Introduction: In a significant move towards unlocking India’s vast mineral wealth, the Union Cabinet, led by Prime Minister Shri Narendra Modi, approved a game-changing amendment to the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act). The amendment, passed by the Parliament in 2023, introduces groundbreaking changes to the regulation of critical and strategic …
Ashok Leyland, the flagship of the Hinduja Group, has established a robust presence in the domestic medium and heavy commercial vehicle (M&HCV) sector. Renowned for its strong brand, it boasts a diversified distribution and service network spanning the nation and a global presence in 50 countries. The company is known for its fully integrated manufacturing …
Israel’s recent security breach, marked by Hamas and Islamic Jihad’s unprecedented rocket attacks and border incursions, has ushered in a seismic geopolitical shift. The resulting casualties, including over 1,000 deaths in Israel, have reignited global tensions, sparking a surge in oil prices and market turbulence. This surge, coupled with heightened gold demand, carries implications for …
