On July 15, 2024, Hindustan Zinc Limited, India’s largest and the world’s second-largest integrated zinc producer, released its 7th Tax Transparency Report. The report highlights the company’s significant contribution to the national exchequer and unwavering commitment to nation-building. Key Takeaways Hindustan Zinc contributed a remarkable ₹13,195 crore to the exchequer in FY 2023-24, representing nearly …
On July 15, 2024, Thomas Cook (India) Limited announced via a stock exchange filing that its wholly-owned subsidiary, Sterling Holiday Resorts, has opened Sterling Aravalli Udaipur in Rajasthan. This marks the third resort in Udaipur and the sixth in the state. Set on 2.5 acres of beautifully landscaped grounds with stunning views of the Aravalli …
India’s power sector is abuzz with activity as 15 major companies, including industry giants like Adani Power, JSW Energy, and NTPC, have submitted expressions of interest (EOIs) to revive the struggling Sinnar Thermal Power plant near Nashik, Maharashtra. This 1,350 MW coal-fired facility, a subsidiary of RattanIndia Power and originally developed by Indiabulls Power, presents …
SRM Contractors Limited has secured a significant new project with the National Highway Authority of India (NHAI). The company has signed an agreement for an EPC (Engineering, Procurement, and Construction) project valued at Rs 278.48 crore. This project focuses on the upgradation and strengthening of a key highway section in Jammu and Kashmir. The specific …
On July 15, 2024, Mishtann Foods Ltd announced its financial results for Q1 FY 2025 in a stock exchange filing. The company’s revenue jumped 30% year over year. The company’s revenue from operations reached ₹382.67 crore in Q1 FY 2025, reflecting a 30% year-over-year increase from ₹293.95 crore in Q1 FY 2024. In Q4 FY …
The giants of the Indian IT sector, Tata Consultancy Services (TCS) and HCL Technologies Ltd (HCLTech), recently released their Q1 FY 2025 results. Q1 FY 2025 Financial Highlights of HCLTech HCL reported revenue of ₹28,057 crore, a decrease of 1.6% quarter-on-quarter but an increase of 6.7% year-on-year. The company’s EBIT stood at ₹4,795 crores, representing …
On July 15, 2024, Zen Technologies officially launched four innovative products in collaboration with its subsidiary, AI Turing Technologies, based in Pune. This significant announcement showcases the company’s commitment to advancing defence capabilities through proprietary technology. The new products—Hawkeye, Barbarik-URCWS (Ultralight Remote Control Weapon Station), Prahasta, and Sthir Stab 640—address a diverse range of defence …
Nifty 50 and Sensex ended around 1% higher on July 12. Nifty rose 0.77% to close at 24,502, and Sensex rose 0.78% to close at 80,519. Top Gainers and Losers On the sectoral front, Nifty IT, Nifty Media, Nifty Oil and Gas, and Nifty FMCG ended in the green. Meanwhile, Nifty Realty, Nifty Consumer Durables, …
On July 11, 2024, the Nifty 50 and Sensex ended flat, closing at 24,315 and 79,897, respectively. Top Gainers and Losers On the sectoral front, Nifty Oil and Gas, Nifty Media, Nifty Consumer Durables and Nifty FMCG ended in the green. Meanwhile, Nifty Realty, Nifty Healthcare Index, Nifty Pharma and Nifty Mid-small Healthcare were declining. …
On July 10, 2024, the Nifty 50 and Sensex fell 0.45% and 0.53% to close at 24,324 and 79,924, respectively. Top Gainers and Losers On the sectoral front, Nifty Pharma, Nifty Healthcare Index, Nifty FMCG and Nifty Financial Services 25/50 ended in the green. Meanwhile, Nifty Auto, Nifty Media, Nifty Metal and Nifty PSU Bank …
