This conversion of DVR shares into ordinary shares is a significant move by Tata Motors, as it will help streamline the company’s share structure and potentially increase voting rights for all shareholders. By setting a record date of September 1, Tata Motors is providing clarity and transparency to its investors regarding the conversion process. This …
On August 20, 2024, Tata Consultancy Services (TCS), a global leader in IT services and consulting, announced the launch of its newest TCS Pace Studio in Stockholm, Sweden. This innovation hub and research centre will provide Nordic businesses exclusive access to TCS’s innovation ecosystem. The centre aims to help enterprises explore cutting-edge technology and implement …
On August 20, 2024, Sigachi Industries, a key player in the pharmaceutical sector, introduced its latest products: PureCoat and UltraMod. PureCoat is a new type of pharmaceutical film coating, while UltraMod consists of advanced polymer blends. These innovations are set to revolutionise the coatings industry by improving drug delivery, patient adherence, and overall effectiveness. Sigachi’s …
On August 20, 2024, Greaves Cotton Ltd announced that the company’s wholly-owned subsidiary, Greaves Finance Limited, under its 100% ev-focused lending platform evfin, announced its partnership with River Mobility Private Ltd. River Mobility Private Ltd is a Bengaluru-based startup specialising in stylish, multi-utility electric scooters. This collaboration aims to offer River’s customers nationwide access to …
On August 20, 2024, Coforge, a global digital services and solutions company, announced its partnership with Salesforce, the leading AI-powered CRM platform, to introduce Coforge ENZO. This new offering focuses on environmental sustainability and achieving net-zero emissions. Through this collaboration, Coforge and Salesforce aim to help clients tackle decarbonisation challenges, provide accurate measurements, and report …
On August 20, 2024, Hi-Tech Pipes Ltd announced the successful procurement of orders totalling ₹105 crore (inclusive of GST) for supplying ERW steel pipes to major players in the renewable energy sector. The company stated that this significant achievement underscores the rising demand for sustainable energy solutions and highlights Hi-Tech Pipes’ commitment to supporting the …
Motilal Oswal Financial Services Limited has established itself as a trusted name in the financial services industry in India. With a strong focus on research and customer service, the company has built a loyal client base over the years. Their diverse range of products and services cater to the needs of both individual investors and …
Bank of Baroda has emerged as the preferred lender for a significant ₹5,000 crore loan deal with Steel Authority of India Limited (SAIL), a state-owned steelmaker. BoB’s competitive bid of 7.49% for a five-year loan, linked to the 364-day treasury bill, secured the deal over other major public and private sector banks. Key Highlights Bank of …
Aurobindo Pharma, a Hyderabad-based pharmaceutical player, stated that it is set to begin production at its new China facility in the upcoming quarter. According to the company’s Chief Financial Officer, Santhanam Subramanian, full-scale operations are expected in the next fiscal year. The plant, located in China, is anticipated to commence a small volume rollout between …
ONGC Videsh, the international arm of the Oil and Natural Gas Corporation (ONGC), has achieved significant milestones. Vietnamese authorities have granted crucial extensions for its oil and gas operations in the region. The company has secured a 16-year extension for oil and gas production in Block 06.1 and a three-year extension for exploration in Block …
