On August 21, 2024, Thomas Cook (India) Limited and its Group Company, SOTC Travel, introduced a new Customer Self-Service (CSS) holiday app, building on their digital-first strategy. This app, available for both iOS and Android, offers a smooth, end-to-end post-booking experience for customers. Previously, managing post-booking tasks like visas, flights, hotel vouchers, itineraries, attractions, and …
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L&T Lands Major Navi Mumbai Infrastructure Project
21 August 2024On August 21, 2024, L&T’s Transportation Infrastructure division has been awarded a significant project under the Navi Mumbai Airport Influence Notified Area (NAINA) in Maharashtra. The project, granted by City and Industrial Development Corporation Limited (CIDCO), involves comprehensive infrastructure development for several Town Planning Schemes. The project includes the development of 60m and 45m wide …

Schaeffler India Unveils Digital Campaign for TruPower Wiper Blades
21 August 2024Schaeffler India Limited informed the stock exchange that the company has launched a digital campaign featuring its latest ad film for the Schaeffler TruPower Wiper Blades. The company added that these wiper blades are crucial for maintaining clear visibility during adverse weather conditions. The TruPower range is engineered for superior performance and durability, ensuring optimal …

RateGain Partners with Thai Airways for Multi-Year AirGain Deal
21 August 2024On August 21, 2024, RateGain Travel Technologies Limited (RateGain) announced that Thai International Public Company Limited (Thai Airways) had chosen RateGain for a multi-year partnership with RateGain’s specialised platform for airlines, AirGain. This collaboration is part of Thai Airways’ strategy to enhance its pricing strategies across its extensive network of both domestic and international routes, …

Mankind Pharma’s IPO and Stock Performance in 2024
21 August 2024Mankind Pharma Limited, one of the leading players in the Indian pharmaceutical industry, made headlines in 2023 with its Initial Public Offering (IPO). In this article, let’s check how the company has performed since its listing. IPO Overview Mankind Pharma’s IPO, which launched in April 2023, was highly anticipated due to the company’s strong market …

Phoenix ARC, Backed by Kotak Mahindra Group To Sell NPA’s Worth ₹3,550 crore
21 August 2024Kotak Mahindra Group-backed Phoenix Asset Reconstruction Company (ARC) has announced a major asset sale, seeking expressions of interest (EoIs) for a substantial portfolio of non-performing assets (NPAs) valued at over ₹3,550 crore. This significant move is aimed at offloading a mix of secured and unsecured loans that are currently classified as distressed. According to a …

Adani Port To Strengthen Existing Capacity With Adani Krishnapatnam Port
21 August 2024On August 20, 2024, Adani Krishnapatnam Port in Andhra Pradesh unveiled a state-of-the-art cargo handling system designed to significantly enhance its capacity and productivity. This latest development represents a major upgrade to the port’s existing infrastructure, promising to transform the management of both containerised and bulk cargo operations. The newly introduced system incorporates advanced technology …

L&T Finance and Cred Partnered to Offer Unsecured Personal Loans
21 August 2024L&T Finance, in collaboration with Cred, is set to offer unsecured personal loans to Cred members who have demonstrated a high credit score and a positive repayment history. This partnership integrates L&T Finance (LTF) with its co-lending partner, Newtap Finance—a non-banking financial company (NBFC) renowned for its expertise in digital lending and risk assessment. Through …

Delhivery’s Mega Block Deal: 88.76 Lakh Shares Traded for Rs 389.6 Crore
21 August 2024Block Deal in Delhivery: Total Transaction of Rs 389.6 Crore Shares of Delhivery Ltd., the logistics services provider, were trading flat on Wednesday following a significant block deal in the stock. This transaction involved the exchange of 88.76 lakh shares, accounting for 1.2% of the company’s total equity. The total value of this block deal …

IDBI Bank Hikes Utsav FD Rates: Up to 7.85%
21 August 2024IDBI Bank has updated its Utsav Fixed Deposit scheme, offering higher investment returns. The bank has increased rates for special deposit periods, with the highest rate now at 7.85% per year. For deposits with a 444-day term, the interest rate is 7.85% per year, and for a 375-day term, customers can earn 7.75% per year. …