Share Market - Angel One - Page 11

On September 30, Bharti Airtel, one of India’s largest telecom operators, announced the prepayment of ₹8,465 crore to the Department of Telecom (DoT), settling its deferred dues for spectrum acquired in 2016.  These liabilities, which carried an interest rate of 9.3%, have been fully repaid ahead of schedule, allowing Airtel to reduce its debt burden …

The promoters and management of Andhra Cements Limited have undergone multiple changes since its incorporation on December 9, 1936, under the Indian Companies Act 1913. Following its 1994 acquisition from BIFR, the business was formerly managed by M/s Duncan Agro Industries Ltd., also known as Duncan Industries Ltd. (DIL), which was overseen by Shri G.P. …

The travel industry is undergoing a significant shift, driven by the digital-first consumer’s insatiable appetite for personalized, seamless experiences. AI is emerging as the linchpin of this transformation, enabling travel providers to cater to diverse customer preferences at scale. Thomas Cook India Group, cognizant of this evolving landscape, is poised to leverage AI to enhance …

Krsnaa Diagnostics, India’s leading diagnostics services provider, has formed a groundbreaking alliance with Medikabazaar, the country’s largest B2B healthcare procurement platform, and United Imaging, a global leader in advanced imaging technologies. This partnership, backed by a substantial investment of over ₹300 crore, aims to establish a network of 30+ state-of-the-art imaging centres primarily in Tier-2 …

Introduction RITES Limited, a leading player in the transport infrastructure sector, continues to expand its global footprint. The Navratna public sector enterprise, incorporated in April 1974, is engaged in providing consultancy services, project management, and engineering solutions for transport infrastructure. With 72.20% shareholding held by the Government of India, RITES operates both domestically and internationally, …

PC Jeweller produces, trades, and sells jewelry made of gold, diamonds, and silver for a range of consumer markets. A wide variety of products are displayed in the jewelry collections that the company has created, including Dashavatar, Bandhan, Anant, Amour, and the Wedding Collection. PC Jeweller offers a wide range of tangible jewellery products, such …

Welspun Corp Secures Major Order in the US Welspun Corp Ltd. announced on October 1 that it has secured a substantial order worth Rs 1,400 crore in the United States. The order involves the supply of coated Helical Submerged Arc Welded (HSAW) pipes for a major natural gas pipeline project. This win is set to …

Introduction: The Legacy of Jay Shree Tea & Industries Ltd Founded in 1945, Jay Shree Tea & Industries Ltd, part of the B.K. Birla conglomerate, has a rich history in the tea industry. With over 17 estates spanning India’s major tea-growing regions and East Africa, it stands as one of the largest tea producers globally …

Kalpataru Projects International Limited (KPIL) has announced the acquisition of new orders and notifications of awards totalling ₹1,241 crore.  These orders span across the Transmission & Distribution (T&D) business in both domestic and international markets, as well as residential and commercial building projects in India. This recent success highlights KPIL’s robust business momentum and strengthens …

On September 30, 2024, Blue Dart Express Ltd announced its General Price Increase (GPI), set to take effect from January 1, 2025. The average price increase will range between 9% and 12%, depending on various product categories and specific shipping profiles. This decision follows Blue Dart’s commitment to providing reliable and efficient logistics solutions, which …