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Delhivery Bolsters Partnership with SUGAR Cosmetics for B2B Shipments

Delhivery Bolsters Partnership with SUGAR Cosmetics for B2B Shipments

23 May 2024

On May 23, 2024, Delhivery Limited informed the stock exchanges that the company had partnered with SUGAR Cosmetics for Pan-India B2B shipments. Delhivery, India’s largest integrated logistics service provider, will drive the pan-India end-to-end B2B operations for the prominent beauty brand SUGAR Cosmetics, further strengthening their relationship. Delhivery has been a long-standing partner for SUGAR …

Reliance Industries tops India’s profitability chart for FY24

Reliance Industries tops India’s profitability chart for FY24

23 May 2024

Most Profitable Companies in India for FY24 Reliance Industries Limited (RIL) has emerged as the most profitable company in India for the financial year 2023-24, with a net profit of Rs 79,020 crore. This remarkable performance solidifies its position at the top of the corporate profitability rankings in India. Following closely is HDFC Bank Limited, …

Adani Enterprises Likely to Replace Wipro and Become The First Adani Group Stock to Enter Sensex 30

Adani Enterprises Likely to Replace Wipro and Become The First Adani Group Stock to Enter Sensex 30

23 May 2024

Adani Enterprises Limited (AEL) is an Indian multinational publicly-listed holding company and a part of Adani Group. It is headquartered in Ahmedabad, The flagship company is expected to replace Wipro Ltd. in the benchmark index Sensex 30 in the semi-annual rebalancing exercise of the BSE indices. What is Index  Rebalancing? Index rebalancing involves an initial …

KPI  Green Board Meet Today To Consider Stock Split

KPI Green Board Meet Today To Consider Stock Split

23 May 2024

KPI Green Energy Limited (Formerly known as K.P.I. Global Infrastructure Limited), is the Renewable vertical of KP Group and a prominent Gujarat-based Renewable power generating company. Incorporated in February, 2008. The KPI Green Energy stock has given multi-bagger returns over the past year. KPI Green Energy Board Approves Split KPI Green Energy Ltd. has announced …

Ashoka Buildcon’s Revenue Surge by 22% YoY in Q4 FY 2024

Ashoka Buildcon’s Revenue Surge by 22% YoY in Q4 FY 2024

23 May 2024

On May 23, 2024, Ashoka Buildcon Limited announced their FY 2024 and Q4 FY 2024 financial results. The company reported a revenue growth of 22% YoY in the quarter ended March 2024. Standalone Financial Performance of Q4 FY 2024  The total income of Ashoka Buildcon was ₹2,532 crore in Q4 FY 2024 against ₹2,068 crore …

Indian Oil Corporation Fined for Non-Compliance with Board Composition Norms

Indian Oil Corporation Fined for Non-Compliance with Board Composition Norms

23 May 2024

Indian Oil Corporation Ltd (IOCL), a leading Indian oil and gas company, has been levied fines by the Bombay Stock Exchange (BSE) and National Stock Exchange of India Limited (NSE) for non-compliance with listing regulations. The penalties relate to the composition of IOCL’s Board of Directors during the quarter ending March 31, 2024. Details of …

FSN E-Commerce Ventures Strengthens Subsidiaries with Strategic Investments

FSN E-Commerce Ventures Strengthens Subsidiaries with Strategic Investments

23 May 2024

FSN E-Commerce Ventures Limited (FSN ECV), the parent company of the popular e-commerce platform Nykaa, announced a strategic investment plan to bolster its subsidiary companies. During a Board of Directors meeting held on May 22, 2024, the board approved two key investments: FSN ECV to Inject Capital into FSN International: FSN ECV’s board greenlit a …

Disney Said To Sell a 30% Stake in Tata Play to Tata Group, Valuing Co At $1 Billion

Disney Said To Sell a 30% Stake in Tata Play to Tata Group, Valuing Co At $1 Billion

23 May 2024

Tata Play, formerly known as Tata Sky, is a leading Indian direct broadcast satellite television provider offering a wide range of channels and on-demand content. It also provides additional services such as Tata Play Binge, integrating multiple OTT platforms into one subscription. The company has a pan-India footprint of 23 million connections, according to the …

Board of Powergrid Approves for Rs.5,000 Crore Fundraising

Board of Powergrid Approves for Rs.5,000 Crore Fundraising

23 May 2024

Power Grid Corporation of India Limited is a public sector company that operates under the Ministry of Power, Government of India. The company is engaged in the transmission of bulk power across different states in India contributing to the electricity infrastructure of the country. Through its extensive network, it ensures the transfer of electricity from …

JSW Infrastructure and A.P. Moller Capital join forces for port infrastructure growth

JSW Infrastructure and A.P. Moller Capital join forces for port infrastructure growth

23 May 2024

About the Memorandum of Understanding JSW Infrastructure Limited (JSW Infra) and A.P. Moller Capital (APMC) have signed a momentous Memorandum of Understanding (MOU) to explore collaborative opportunities in India’s port and related infrastructure sector. This strategic alliance signifies a significant development with the potential to reshape the landscape of port development and logistics in India. …

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