A major real estate transaction is underway as Mindspace REIT plans to acquire Sustain Properties Private Ltd. for ₹2,038 Crores. This acquisition includes a large 1.82 million square feet of leasable commercial space in Hyderabad which will be carried out through a share exchange process. Approval of Sustain Properties Acquisition K Raheja Corp Investment Managers …
Infosys has expanded its collaboration with Siemens AG to improve digital learning using generative artificial intelligence (AI). The partnership aims to provide over 250,000 Siemens employees with upskilling opportunities and a more personalized learning experience. Siemens’ digital learning platform, My Learning World, will integrate Infosys Topaz, an AI-first offering, and Infosys Wingspan, an AI-powered enterprise …
Afcons Infrastructure Ltd has secured a ₹1,283 crore contract from Hindustan Gateway Container Terminal Kandla Private Ltd, a DP World group entity. The company announced on January 29 that it had received the letter of award (LOA) for the project, which involves the design and construction of a marine package at Tuna Tekra in Gujarat. …
Granules India Limited has announced that its Unit V facility, located in Anakapally, Visakhapatnam, Andhra Pradesh, has been awarded the European Union Good Manufacturing Practice (EU GMP) certificate. This certification marks a significant milestone in the company’s compliance with international pharmaceutical manufacturing standards. Regulatory Approval from EU Authorities The certification was granted following an audit …
AZAD Engineering Limited has announced a significant milestone by securing a long-term contract and price agreement with Siemens Energy Global GmbH & Co. KG. The agreement, valued at €90.1 million (₹811 crore), extends over a 6-year period and reinforces AZAD’s position as a trusted supplier of high-performance turbine components. Scope of the Agreement Under the …
JK Cement Ltd has taken a strategic step towards reinforcing its market position by securing a long-term limestone supply agreement with Gujarat Mineral Development Corporation Ltd. (GMDC). This agreement follows JK Cement’s successful bid for a 250 million tonne (MT) limestone supply from GMDC’s Lakhpat Punrajpur Mines, situated in Kutch, Gujarat. A Key Strategic Move …
Sagility India Limited has announced its acquisition of BroadPath, a move set to bolster its position in the US healthcare payer sector. This acquisition is expected to expand Sagility’s client base, enhance service offerings, and drive financial synergies, solidifying its market leadership. Sagility acquired BroadPath Healthcare Solutions for approximately ₹502 crore, a deal structured as …
Infrastructure development is crucial for India to reach its goal of becoming a $5 trillion economy by 2025. To support this, the government has introduced the National Infrastructure Pipeline (NIP), along with initiatives like ‘Make in India’ and the Production-Linked Incentive (PLI) scheme. Historically, more than 80% of infrastructure spending has gone towards sectors like …
Many stocks priced under ₹100 can offer opportunities for investors looking to diversify their portfolios. These stocks span various sectors, ranging from emerging companies with growth potential to well-established firms. However, it’s important to acknowledge the risks associated with investing in such stocks. In this article, check the best stocks under ₹100 in February 2025, …
On January 30, 2025, Whirlpool shares fell sharply, hitting the lower circuit limit of 20%, dropping to ₹1,262.15 after opening at ₹1,273.95. This significant decline in Whirlpool shares came following an announcement by Whirlpool Corporation, the parent company of Whirlpool of India Ltd., that it plans to reduce its ownership stake in the Indian subsidiary from the …
