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Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

17 May 2024

During Friday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Pudumjee Paper Products Ltd Pudumjee Paper Products Ltd showed a significant price movement today, reaching a high of Rs 96.5 with a traded volume of 4,753,566 shares. The stock is currently trading at …

Zydus Lifesciences Expands US Portfolio with Exclusive Cabozantinib Agreement

Zydus Lifesciences Expands US Portfolio with Exclusive Cabozantinib Agreement

17 May 2024

Zydus Lifesciences Ltd., a prominent Indian pharmaceutical company renowned for its innovation, announced a significant agreement for the US market. Zydus Lifesciences Global FZE, a wholly-owned subsidiary, has entered an exclusive licensing and supply agreement with MSN Laboratories for Cabozantinib Tablets, the generic version of the established drug CABOMETYX®. Strategic Partnership for US Market Entry …

JK Paper Strengthens Packaging Presence with Full Acquisition of Subsidiaries

JK Paper Strengthens Packaging Presence with Full Acquisition of Subsidiaries

17 May 2024

JK Paper Ltd., a leading Indian paper and packaging board company, announced a strategic move to solidify its position in the growing packaging sector. The company’s Board of Directors, on May 17, 2024, approved the acquisition of the remaining 15% equity stake in its subsidiaries, Horizon Packs Private Ltd (HPPL) and Securipax Packaging Private Ltd …

IndiaAI Mission: Harnessing the Power of AI for India’s Leap into the Future

IndiaAI Mission: Harnessing the Power of AI for India’s Leap into the Future

17 May 2024

Artificial Intelligence (AI) stands as a transformative force in the 21st century, driving innovation and productivity across sectors. For India, harnessing AI is not just a technological necessity but a strategic imperative to propel its aspirations of becoming a developed nation and securing a place among the world’s top three economies. The potential of AI …

GAIL Bolstered Busines Operation: Signed 14-Year Time Charter

GAIL Bolstered Busines Operation: Signed 14-Year Time Charter

17 May 2024

In a move to bolster its liquefied natural gas (LNG) transportation capabilities, GAIL (India) Limited has signed a significant 14-year time charter agreement with Cool Company Ltd. This strategic partnership with the pure-play LNG shipping company secures a newbuild LNG carrier for GAIL’s fleet, with the charter commencing in early 2025. The agreement offers GAIL …

TVS Supply Chain and Manchester Metropolitan Came Together to Lead AI Innovation

TVS Supply Chain and Manchester Metropolitan Came Together to Lead AI Innovation

17 May 2024

TVS Supply Chain Solutions Limited (TVS SCS), a leading Indian provider of integrated supply chain solutions, announced a strategic collaboration with Manchester Metropolitan University (MMU) to drive artificial intelligence (AI) adoption within its operations. This partnership signifies TVS SCS’s commitment to innovation and relentless pursuit of industry-leading solutions for its customers. Focus on AI Governance …

ITI Limited Secures ₹37.5 Crore Contracts for Solar Street Light Systems in Bihar

ITI Limited Secures ₹37.5 Crore Contracts for Solar Street Light Systems in Bihar

17 May 2024

ITI Limited, a leading Indian telecom manufacturer and public sector undertaking (PSU), announced it had received significant contracts to install solar street light systems in Bihar. This news, shared through a recent exchange filing, underscores ITI’s commitment to clean energy solutions and growing expertise in the solar power sector. Bihar Renewable Energy Development Authority Awards …

Chemplast Sanmar Inks 5-Year Deal to Manufacture  Pipeline Active Ingredient

Chemplast Sanmar Inks 5-Year Deal to Manufacture Pipeline Active Ingredient

17 May 2024

Chemplast Sanmar Limited’s Custom Manufactured Chemicals Division has secured a significant partnership with a leading global agrochemical innovator. This strategic collaboration formalised through a 5-year letter of intent (LoI) signed on May 16, 2024, positions the Custom Manufactured Chemicals Division as a key player in developing a new pipeline of Active Ingredient (AI). Manufacturing Expertise …

Norway’s Sovereign Wealth Fund To Exclude Adani Ports Over Ethical Concerns

Norway’s Sovereign Wealth Fund To Exclude Adani Ports Over Ethical Concerns

17 May 2024

Adani Ports and Special Economic Zone (APSEZ) has been reportedly excluded from the Norwegian central bank; and Norges Bank’s $1.3 trillion Government Pension Fund Global (GPFG)  based on the Council of Ethics’ recommendation. This council highlighted an “unacceptable risk” of APSEZ’s involvement in serious human rights violations, particularly in war or conflict zones. The excluded …

Telecom Companies Submit Bids For The Spectrum Auction, Jio Pushes Rs.3,000 Cr

Telecom Companies Submit Bids For The Spectrum Auction, Jio Pushes Rs.3,000 Cr

17 May 2024

The department of telecom has received applications for the spectrum auction from the three telecom operators- Reliance Jio, Bharti Airtel and Vodafone Idea. These three will battle it out to get a piece of 5G spectrum worth around Rs.96,300 crores to be offered in the upcoming auction that will start on June 6.  Details regarding …

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