Maruti Suzuki India (MSI) announced a collaboration with the Bihar government to build automated driving license test tracks at Bhagalpur, Darbhanga, Gaya, Purnia, and Saran. According to a statement from MSI, these tracks, designed with zero human intervention, aim to make driving license tests more efficient, transparent, and thorough. Tackling India’s Road Safety Challenge Rahul …
Shriram Finance announced it had raised $1.27 billion through a syndicated external commercial borrowing (ECB), the largest loan of its kind secured by an Indian private non-banking financial company (NBFC). Loan Details The multi-currency loan was arranged by 12 top banks, including the International Finance Corporation (IFC), and has a maximum tenure of 5 years. …
Interarch Building Products informed the exchanges that it has partnered with Jindal Steel & Power Ltd (JSPL) to promote steel as the preferred material for urban infrastructure. The partnership combines Interarch’s expertise in pre-engineered building (PEB) construction with JSPL’s advanced steel manufacturing capabilities to address demands for high-performance, sustainable structures like multi-story buildings, data centers, …
TVS Holdings Limited announced that its wholly-owned subsidiary, TVS Emerald Limited, has entered into agreements to acquire 100% equity shares and Compulsorily Convertible Debentures (CCDs) of Radial (Phase II) IT Park Private Limited and Radial (Phase III) IT Park Private Limited. These agreements, dated 17th December 2024, outline the acquisition of securities for both companies …
The technology-enabled healthcare solutions provider, Inventurus Knowledge Solutions (IKS) IPO opened for subscription on December 12, 2024 and closed on December 16, 2024. Inventurus IPO was a book-built issue of ₹2,497.92 crore. It was entirely an offer for sale of 1.88 crore shares. The price band of the IPO was set at ₹1,265 to ₹1,329 …
HCL Technologies Limited has unveiled an advanced innovation lab for SAP Business AI in Munich, Germany. This initiative aims to support clients in exploring industry applications of AI and expanding their AI programs. The lab enhances HCLTech’s strategic partnership with SAP, enabling clients to transition seamlessly to SAP S/4HANA Cloud through RISE with SAP while …
On December 19, 2024, Indian stock market indices, the BSE Sensex dropped by 1.20% to close at 79,218.05. The Nifty50 on the other hand, declined by 1.02% closing at 23,951.70. Out of the 50 stocks in the Nifty50 index, here are the top gainers for the day: Stock Name Symbol Last Trading Price (₹) % Change Dr. Reddy’s …
On December 19, 2024, Indian stock market indices, the BSE Sensex dropped by 1.20% to close at 79,218.05. The Nifty50 on the other hand, declined by 1.02% closing at 23,951.70. Out of the 50 stocks in the Nifty50 index, here are the 5 top losers for the day: Stock Name Symbol Last Trading Price (₹) % Change Bajaj …
VIP Industries Ltd., headquartered in Mumbai, Maharashtra, is India’s largest manufacturer of luggage and travel accessories. Recognised as the world’s second-largest and Asia’s leading luggage maker, the company owns prominent brands such as Aristocrat, VIP, Carlton, Skybags, and Caprese held a 56% market share in the branded luggage sector during the financial year 2024 Ruling …
Enviro Infra Engineers’ share price jumps 4% following its Q2 FY25 results, reporting a 180.30% increase in revenue, a 15.37% rise in profit before tax, and a 21.34% boost in profit after tax, signalling strong growth. Q2 FY25 Result Highlights In Q2 FY25, Enviro Infra Engineers reported substantial growth in its financial performance. Total income …
