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 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 …
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 …
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 …
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. …
On May 23, 2024, Godrej Properties announced in an exchange filing that the company has sold approximately 650 homes worth more than ₹2,000 crore in its project, Godrej Jardinia. Godrej Jardinia, situated in Sector 146, Noida, was launched in May 2024. Based on the value of sales achieved, this development marks Godrej Properties’ most successful …
On May 23, 2024, L&T Technology Services (LTTS) announced the inauguration of the Simulation Centre of Excellence for Airbus in an exchange filing. This Centre of Excellence (CoE) is strategically located at the LTTS state-of-the-art campus in Bangalore. It is designed to strengthen engineering support for Airbus aircraft structural simulation activities across its various business …
Jubilant FoodWorks Limited (JFL), the owner and operator of Domino’s Pizza in India and several other countries announced a significant commitment to strengthening its presence in Bangladesh. The company’s Investment Committee, in a meeting held on May 22, 2024, approved an investment plan of up to ₹30 crore in Jubilant FoodWorks Bangladesh Limited (JFBL), its …
Kesar India Limited, a leading Indian company, announced a strategic expansion into the United Arab Emirates (UAE) market. Kesar Middle East FZCO, a wholly-owned subsidiary of Kesar India, has incorporated a new step-down subsidiary named DEJA VU FZCO in Dubai. This development signifies Kesar India’s commitment to exploring new growth opportunities in the dynamic Middle …
Oil India Limited (OIL), India’s oldest oil and gas company and a Maharatna Central Public Sector Enterprise (CPSE) under the Government of India, has joined forces with its subsidiary, Numaligarh Refinery Limited (NRL), to bolster the transportation of petroleum products in Northeast India significantly. This strategic collaboration is marked by the signing of a new …
