Diamond Power Infrastructure Limited, a leading player in the Indian infrastructure sector, announced a strategic expansion move with the incorporation of a wholly-owned subsidiary, DICABS Nextgen Special Alloys Private Limited. This move signifies Diamond Power’s commitment to diversification and growth within the metals and alloys industry. A New Entity for Specialised Manufacturing DICABS Nextgen Special …
Sterlite Technologies Limited (STL), a leading provider of optical and digital solutions, announced a strategic partnership with Connexin to deliver high-speed broadband connectivity to underserved communities in Nottinghamshire, UK. STL will leverage its expertise in Smart Fibre Deployment Services to support Connexin in fulfilling a UK government contract valued at £58 million. This initiative, part …
On May 28, 2024, 63 Moons Technologies Ltd informed the stock exchanges about 63 Moons Group’s strategic transformation with key initiatives. The company stated that these aim to reinforce their long-term vision and improve stakeholder value. 63 Moons Group is radically transforming from a traditional fintech company to a leading-edge technological enterprise. This evolution focuses …
On May 28, 2024, VA Tech Wabag Limited informed in a stock exchange filing that the company had received an order from Nama Water Services in the Sultanate of Oman. The order is worth around ₹850 million, and it is towards the Operation & Maintenance (O&M) of the Al Duqm Desalination Plant for a period …
On Tuesday, Indian markets are seen trading choppy with Nifty and Sensex trading with modest losses. Talking about the sectoral indices, most of the sectoral indices are trading in red barring Nifty Pharma (+0.40%) and Nifty Metal (0.01%). Divi’s Laboratories Top Gainer: On Tuesday, the shares of Divi’s Laboratories gained 2.72% and it has hit …
Wipro Limited, a leading information technology services company, and the Centre for Brain Research (CBR), a premier research institute hosted by the Indian Institute of Science (IISc), announced a groundbreaking collaboration. This partnership aims to leverage the power of Artificial Intelligence (AI) to revolutionise preventative healthcare and chronic disease management. Leveraging AI for Precision Health …
On May 28, 2024, Poonawalla Fincorp Limited informed in a stock exchange filing that the company has collaborated with IndusInd Bank and launched the co-branded ‘IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card’ today. This card is designed to redefine and elevate customers’ banking experience. The company stated that this co-branded credit card launch …
Ultratech Cement Limited, a leading Indian cement manufacturer, announced a strategic expansion move through its wholly-owned subsidiary, UltraTech Cement Middle East Investments Limited (UCMEIL). UCMEIL is poised to acquire a significant stake in Ras al Khaimah Co. for White Cement and Construction Materials PSC (RAKWCT), a prominent company listed on the Abu Dhabi Stock Exchange. …
Radico Khaitan Limited celebrates a remarkable milestone. Morpheus Brandy, named after the Greek God of Dreams, has sold over 1 million cases in record-breaking two consecutive years. This achievement bolsters Morpheus’ position as the undisputed leader in the Indian premium brandy segment, making it the first brand to reach this coveted landmark. Fueled by the …
Praveg Ltd, a company focused on providing services to the Hospitality sector, announced a strategic move to bolster its presence in the advertising sector. The Board of Directors has approved the execution of a Share Purchase and Share Subscription Agreement for the acquisition of a 51% majority stake in Abhik Advertising Private Limited and Bidhan …
