Share Market - Angel One - Page 43

Proximus Opal, the promoter of Route Mobile, has announced plans to sell up to 3.8 million equity shares, representing a 6.03% stake in the company, through an Offer for Sale (OFS). The two-day sale, set to take place on September 12 and 13, will be conducted via the Bombay Stock Exchange (BSE) as per an …

Wipro Ltd, a global technology services and consulting firm announced that it is partnering with JFK International Air Terminal (JFKIAT) to modernise its operations through data-driven insights. By leveraging Microsoft Azure, Wipro is helping JFKIAT build a robust cloud data strategy to streamline processes and enhance efficiency. The AI-powered data analytics solution will create a …

Satin Creditcare Network, a microfinance company, has announced plans to raise $5 million through a bond issuance at an all-inclusive cost of 11.32%. The proposed bonds are scheduled to be issued on September 25 and will mature after 36 months, as disclosed in a regulatory filing to stock exchanges. The coupon rate for the bonds …

On 11 September 2024, Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest port operator, signed a concession agreement with Deendayal Port Authority (DPA) to develop Berth No. 13 at Deendayal Port in Kandla, Gujarat. APSEZ has formed a new subsidiary, DPA Container and Clean Cargo Terminal Limited (DPACCCTL), to manage operations at the …

Infosys Limited has partnered with Clearstream, a subsidiary of Deutsche Börse, to support the successful Generation 2 launch of Clearstream’s D7 platform. This innovative digital post-trade platform enables market participants to issue securities digitally, offering a new foundation for asset tokenisation and digital assets. Infosys played a key role in the project by providing end-to-end …

Castrol India Limited has expanded its Auto Care product range with two new additions: the Castrol Microfibre Cloth and the Castrol Shiner Sponge. These products join an already-established range, which includes Castrol Chain Cleaner, Castrol Chain Lube, Castrol 3-in-1 Shiner, Castrol 1-Step Polishing Compound, and Castrol Anti-Rust Lubricant Spray.   The newly introduced Castrol Microfibre …

On September 12, 2024, Affle (India) Limited announced the grant of a new patent in the US, further strengthening its intellectual property portfolio.  The latest patent, titled “Computer Implemented Method for Partner Pixelling for User Identification,” is designed to enhance user identification in digital advertising. This innovative system assigns a unique identifier to each user, …

Abu Dhabi has awarded oil and gas production rights for an onshore block to a joint venture of Indian state-run refiners Bharat Petroleum Corp Ltd and Indian Oil Corp, BPCL said in a statement on Wednesday. The Supreme Council for Financial and Economic Affairs of Abu Dhabi has granted rights to Urja Bharat Pte Ltd, …

JSW MG Motor India, the joint venture between MG Motor and JSW Group, is accelerating its transition to electric vehicles (EVs). The company aims to have EVs account for nearly 50% of its total sales by the end of 2024, driven by the recent launch of the Windsor EV. Key points: BaaS Model: The company’s …

Gravita India Limited, a global leader in recycling, announced that its step-down subsidiary, Gravita Netherlands BV (GNBV), has signed a Memorandum of Understanding (MOU) to acquire a waste tyre recycling plant in Romania. This facility, with a capacity of around 17,000 MTPA, will mark Gravita’s first recycling operation in Europe.   The acquisition will be …