Indian headline indices, which began the trading session lower, later recovered due to notable gains in the fast-moving consumer goods (FMCG) and banking sectors. However, heavy selling pressure was observed in the broader markets. At 10:35 am, the BSE Sensex added 0.12% reaching a level of 80,811. The Nifty 50 index gained 0.10% to the …
On Thursday, the benchmark indices were trading in the green with the Sensex up around 65 points or 0.10% at 80,775, while the Nifty-50 was up around 26 points or 0.10% at 24,640. About 1,333 shares have advanced; 1,901 declined and 130 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
On July 18, 2024, Zensar Technologies Limited announced via a stock exchange filing that its wholly owned subsidiary Zensar Technologies Inc., USA, has signed an agreement to acquire 100% ownership of BridgeView Life Sciences, LLC. Objectives and Impact of Acquisition The acquisition aims to bolster Zensar’s Healthcare and Life Sciences vertical. It enhances Zensar’s capabilities …
Zydus Lifesciences Limited announced in a stock exchange filing that it has entered a non-exclusive patent licensing agreement with Takeda Pharmaceutical Company. The agreement is to market Vonoprazan, a novel Potassium Competitive Acid Blocker (P-CAB), in India under the brand name Vault®. This agreement aims to address the significant prevalence of Gastroesophageal Reflux Disease (GERD) …
In the latest stock exchange filing, Asian Paints announced its Q1 FY 2025 financial results, revealing a mixed performance across its various business segments. The company’s consolidated net sales declined by 2.3%, dropping to ₹8,943.2 crore in the quarter ended June 2024 from ₹9,153.8 crore in the same period last year. This decline was reflected …
TVS Motor Company announced through a stock exchange filing that Norton Motorcycles, now under its umbrella, revealed ambitious investment and growth plans aimed at positioning the brand for international expansion. At the Goodwood Festival of Speed, Norton’s senior leadership team, including Sudarshan Venu, Dr Robert Hentschel, and Richard Arnold, emphasised their vision for the brand …
Radico Khaitan Limited has announced in a stock exchange filing the introduction of the award-winning Sangam World Malt Whisky to the Indian market. The company stated that Sangam was launched just a year ago and has already earned international acclaim. Its debut in India marks a significant milestone in its remarkable journey. Whisky enthusiasts across …
Vikas Lifecare Limited has provided an update on its acquisition deal involving Ebix Inc., announced in a recent stock exchange filing. The acquisition, spearheaded by a consortium led by Eraaya Lifespaces Limited, involves a significant financial commitment aimed at acquiring 100% of the equity in Ebix Inc. The consortium, which includes Vikas Lifecare Limited as …
UltraTech Cement Ltd has announced in a stock exchange filing that it has entered into a Power Purchase Agreement and a Share Subscription and Shareholders Agreement to acquire a 26% equity stake in Amplus Omega Solar Private Limited. Amplus Omega Solar is involved in generating and transmitting renewable energy. This aligns with UltraTech’s strategic goals …
On July 16, 2024, Exide Industries Limited announced an investment of ₹74,99,99,988 in its wholly-owned subsidiary, Exide Energy Solutions Limited, through a rights issue. This brings Exide Industries’ total investment in EESL to ₹2577.24 crore. Nature of Acquisition and Related Party Transaction Exide Energy Solutions Limited (EESL), as a wholly owned subsidiary of Exide Industries …
