On September 03, 2024, the shares of Hindustan Aeronautics Limited (HAL) are in focus as the Cabinet Committee on Security gave the green light to the proposal to procure 240 aero-engines (AL-31FP) for Su-30 MKI aircraft of the Indian Air Force (IAF) on September 02. The said contract awarded to Hindustan Aeronautics Limited (HAL) covers …
India’s Energy (oil and gas) sector is among India’s 8 core industries, which plays a major role in influencing the decision-making for all the other important sections of the economy. The primary energy demand is likely to nearly double to 1,123 million tonnes of oil equivalent, as India’s gross domestic product (GDP) is forecasted to …
The Ministry of Coal has reported a significant increase in coal production and dispatch for the first five months of the current fiscal year, 2024-25. This growth is indicative of the sector’s robust performance and its commitment to meeting the nation’s energy demands. Overall coal production up to August 2024 reached a provisional figure of …
On September 3, 2024, KFin Technologies introduced the mPower Wealth platform, an advanced omnichannel wealth management solution tailored for wealth managers, family offices, banks, and external asset managers. The company stated that this innovative platform integrates front-, mid-, and back-office operations, supports multi-asset and multi-currency portfolios, and leverages cutting-edge technology to enhance client experiences. According …
Adani Green Energy Limited (AGEL) and TotalEnergies, a global energy company, have announced a strategic joint venture (JV) to manage a portfolio of 1,150 MW of solar projects located at the world’s largest renewable energy plant in Khavda, Gujarat, India. The JV, equally owned by both entities, will be formed by transferring AGEL’s existing solar …
On September 3, 2024, Tata Consultancy Services (TCS) announced an expanded partnership with Google Cloud to introduce two new cybersecurity solutions. These solutions aim to boost cyber resilience and leverage advanced TCS and Google Cloud technologies. The TCS Managed Detection and Response (MDR) solution, using the Google Security Operations platform, will help security teams detect …
Signature Global India saw its share price drop by over 4% in early trade on Tuesday after a large trade involving more than 57 lakh shares, valued at Rs 828 crore, took place. The stock hit an intraday low of Rs 1,397.15, marking one of its highest single-day volumes since listing. This large trade, executed …
Introduction to PNB Housing Finance PNB Housing Finance (PNBHF) is a housing finance company registered under the National Housing Bank and the Companies Act, of 1956. As a deposit-accepting entity, PNBHF primarily provides housing loans to individuals for purchasing, constructing, repairing, and upgrading houses. Additionally, it offers loans against property, commercial property loans, residential plot …
Introduction KPI Green Energy Limited, through its wholly-owned subsidiary, Sun Drops Energia Private Limited, is set to make significant strides in the solar power sector. The company has recently received Letters of Intent for the execution of solar power projects with a cumulative capacity of 7 MW under the Captive Power Producer (CPP) business segment. …
IndoStar Capital Finance Limited announces the public issuance of Secured Redeemable Non-Convertible Debentures (NCDs), each with a face value of ₹1,000. The issue aims to raise up to ₹30,000 lakh. Key Features Five Series: NCDs are offered in five series with varying tenures (24, 36, and 60 months) and interest payment options (annual, quarterly, and …
