Chatha Foods to supply chicken products to Burger King India
Trident Techlabs to hold board meeting
Mafia Trends to conduct board meeting
Arabian Petroleum to hold board meeting
Mono Pharmacare to convene board meeting
EaseMyTrip.com partners with Adani Digital Labs
MRP Agro to convene board meeting
Clara Industries to conduct board meeting
Loyal Equipments to announce Quarterly Result
Viaan Industries to hold board meeting
PG Technoplast unveils new air conditioning manufacturing unit in Bhiwadi, Rajasthan
PG Technoplast, a wholly-owned subsidiary of PG Electroplast (PGEL), today marked a significant m... read moreilestone with the unveiling of its new marquee air conditioning manufacturing facility for North India in Bhiwadi, Rajasthan. This strategic investment aims to meet the growing demand for energy-efficient and sustainable cooling solutions in India and expand the company`s footprint in the rapidly growing air conditioning market.
The brand-new facility, spanning an impressive 200,000 sq.ft manufactures a comprehensive range of split ACs ranging from 0.75T to 2.0T with installed annual capacities of 360k AC Indoor Units, 360k AC Outdoor Units and 250k Window ACs. Its production capabilities, including the manufacturing of AC units, cover sheet metal components, powder coating plant, heat exchangers, and copper tubing systems. This unit will create additional employment for over 1,000 people.
<LessBoard of MAS Financial Services approves fund raising up to Rs 2000 cr
Fusion Micro Finance schedules board meeting
Board of L&T Technology Services recommends Final Dividend
REC schedules board meeting
Aion-Tech Solutions schedules board meeting
MRF to table results
Board of Kirloskar Pneumatic Company recommends final dividend
Board of Coromandel International recommends Final Dividend
CRISIL update on transfer of ERP business to CRISIL ESG Ratings
Mold-Tek Technologies to hold board meeting
Pulsar International to announce Quarterly Result
NK Industries to announce Quarterly Result
Gujarat Containers to declare Quarterly Result
Sah Polymers announces board meeting date
HG Hotels & Resorts and Brigade Group signs management agreement
HG Hotels & Resorts and Brigade Group have announced the signing of a management agreement to... read more debut the InterContinental brand in Telangana − InterContinental Hyderabad Neopolis. Slated to open in 2029, this newly constructed hotel is expected to be an integral part of Brigade`s upcoming, mixed-use development.
InterContinental Hyderabad Neopolis, proposed to have 300 rooms, once opened, is expected to showcase five dining options, including a signature restaurant, two specialty restaurants, and a lobby lounge. The hotel is also proposed to offer conferencing facilities, a fitness center, spa, a swimming pool, an outdoor recreation area and a retail outlet. To cater to MICE demands and large social gatherings, the hotel is proposed to feature eight meeting rooms including a spacious ballroom.
<LessAstec Lifesciences to declare Quarterly Result
Gallantt Ispat to table results
Karur Vysya Bank schedules board meeting
Board of Himadri Speciality Chemical recommends Final Dividend
Board of Agro Tech Foods recommends final dividend
Bodhtree Consulting to hold board meeting
Next Mediaworks to announce Quarterly Result
Board of Olectra Greentech recommends final dividend
Divi`s Laboratories plans capacity addition with investment of up to Rs 700 cr
Virinchi to table results
Neogen Chemicals schedules board meeting
Board of Embassy Office Parks REIT recommends final dividend
V R Films & Studios to hold board meeting
Happiest Minds Technologies to acquire Noida-based PureSoftware Technologies
Happiest Minds Technologies announced it signed definitive agreements to acquire 100% of the equi... read morety share capital of PureSoftware Technologies (PureSoftware) for a total purchase consideration of US $ 94.5 Million (Rs 779 crore) (Upfront of Rs 635 crore on closing and deferred of upto Rs 144 crore payable at the end of FY25 on achievement of set performance targets).
PureSoftware with a global presence and headquarters in Noida is a fast-growing Digital Engineering & Transformation Services and solutions provider with deep domain expertise. PureSoftware partners with global enterprises across focused verticals which include Banking & Financial Services and Insurance (BFSI), Healthcare & Life Sciences, Retail & Logistics, and Gaming & Entertainment. The Company also has an award-winning Banking-as-a-Service Platform �Arttha�.
Through this acquisition, Happiest Minds strengthens its domain capabilities in Banking, Financial Services, Insurance (BFSI) and Healthcare and Life Sciences verticals. The 1,200 people company will augment the capabilities and services offerings to Happiest Minds` already strong Product & Digital Engineering Services (PDES) Business Unit. In addition to augmenting its presence in USA, UK and India, Happiest Minds will also get a near-shore presence in Mexico and offices in Singapore, Malaysia, and Africa. PureSoftware reported revenues of US $ 43 Million (~ ₹351 Crores) for Fiscal 2024.
<LessShare India Securities director resigns
H.G. Infra Engineering announces incorporation of 3 step-down subsidiaries
Unifinz Capital India to conduct board meeting
TVS Motor Company to table results
Lerthai Finance announces board meeting date
Paushak announces board meeting date
Zenotech Laboratories to discuss results
Kretto Syscon to announce Quarterly Result
Titan Intech schedules board meeting
Jamshri Realty to convene board meeting
Ador Welding schedules board meeting
TVS Holdings to discuss results
Kajaria Ceramics announces board meeting date
Kennametal India announces board meeting date
Board of IndusInd Bank recommends final dividend
Central Bank of India to convene board meeting
Moongipa Capital Finance schedules board meeting
Board of Dr Agarwals Eye Hospital recommends final dividend
Canara Bank to table results
Rungta Irrigation to conduct board meeting
Fredun Pharmaceuticals to table results
Ador Fontech to convene board meeting
Odyssey Technologies to convene board meeting
TCS enters into strategic agreement with AWS
Power Grid announces cessation of director
Timken India to announce Quarterly Result
Indian Acrylics to hold board meeting
Ganesh Holdings to convene board meeting
Dhampur Sugar Mills to conduct board meeting
Plastiblends India to convene board meeting
Tata Elxsi grants 43,169 stock options
Board of Chennai Petroleum Corporation recommends final dividend
VLS Finance announces board meeting date
Atul Auto to convene board meeting
CARE Ratings to announce Quarterly Result
Vertex Securities to announce Quarterly Result
Board of Nippon Life India Asset Mgt. recommends final dividend
Bharti Airtel expands its 5G network in Leh and Ladakh
Godrej Properties to hold board meeting
Sigma Solve to conduct board meeting
Bondada Engineering to table results
Tips Films to discuss results
Oriana Power to discuss results
Shyam Metalics & Energy launches SEL Tiger Foil
Shyam Metalics & Energy unveiled its latest development, the "SEL Tiger Foil". Crafted with a... read more deep dedication to preserving food freshness and increasing sustainability, SEL Tiger Foil is a testament of excellence in household food safety. Driven by the strong demand and a projected 7.4% CAGR growth in the aluminum foil segment by 2030, Shyam Metalics is poised to benefit from increased demand and business opportunities in this sector.
SEL Tiger Foil, being manufactured in Giridh, Jharkhand by Shree Venkateshwara Electrocast, a step-down subsidiary of Shyam Metalics & Energy, is available in 2 categories, microns, 11 microns, and 18 microns. Each variant is tailored to meet diverse food storage needs. With a range including 9-meter rolls for occasional needs and 72-meter rolls provides an ample supply of aluminium foil for everyday culinary endeavors, with an ideal size for regular use. This launch also heralds a new, nature-friendly box design, underscoring Shyam Metalics` dedication to sustainable practices.
<LessBoard of Equitas Small Finance Bank recommends Final Dividend
Intellect Design Arena allots 53,870 equity shares under ESOP
Board of ASK Automotive approves JV with AISIN Group Companies
Pavna Industries announces board meeting date
Board of MAS Financial Services recommends Final Dividend
Rail Vikas Nigam JV successfully bids for Rs 438.85 cr project of Southern Railway
Voltamp Transformers to hold board meeting
RPG Life Sciences to hold board meeting
Puravankara to redevelop residential project at Pali Hill, Mumbai
Board of Multi Commodity Exchange of India recommends Final Dividend
G D Trading & Agencies to declare Quarterly Result
Board of AU Small Finance Bank recommends final dividend
Gravita India to conduct board meeting
Dilip Buildcon completes Villupuram Puducherry road project
Larsen & Toubro to convene board meeting
Board of Maharashtra Scooters approves Voluntary Separation Scheme
Hero MotoCorp to announce Quarterly Result
HIL completes acquisition of Crestia Polytech
Zensar Technologies allots 22,837 equity shares under ESOP
Gujarat Intrux to conduct board meeting
Neuland Laboratories schedules board meeting
Oxford Industries to table results
Longview Tea Company to hold board meeting
Blue Dart Express to announce Quarterly Result
Vesuvius India schedules board meeting
Simplex Realty to table results
Lakshmi Mills Company to conduct board meeting
Kirloskar Industries allots 6,601 equity shares under ESOP
Shreyans Industries to declare Quarterly Result
Board of Tata Consumer Products recommends Final Dividend
IndiaMART InterMESH to convene board meeting
Muthoot Microfin to table results
Digicontent to declare Quarterly Result
Vedant Fashions to convene board meeting
Lloyds Luxuries to hold board meeting
MRC Agrotech to table results
Greenpanel Industries to convene board meeting
AMI Organics schedules board meeting
Vivanta Industries to table results
Zydus Lifesciences` injectable manufacturing site concludes USFDA inspection
Sterlite Technologies to table results
SAR Auto Products announces board meeting date
Orchasp to table results
IIFL Finance announces commencement of special audit as per RBI directives
S H Kelkar & Company reports fire accident at its Vashivali facility
Ramkrishna Forgings to hold board meeting
R Systems International to table results
Adani Wilmar to declare Quarterly Result
JBM Auto to discuss results
Suprajit Engineering announces inauguration of new plant of Shanghai Lone Star Cable Co
Mena Mani Industries announces board meeting date
Paisalo Digital approves fund raising via NCDs and CPs
Vishvprabha Ventures update on break-down of boiler unit
Amba Enterprises to convene board meeting
Welspun Corp receives LoA for export of line pipes to Latin America
Welspun Corp has received binding Letter of Award (LOA) for export of line pipes from India. The ... read morecontract, valued at Rs 611 crore is for supply of LSAW Pipes, Coating and Bends in Latin America.
This LOA is governed by conditions precedent, and shall be followed up with a Notice to Proceed / Purchase Order, which is to be issued by the second week of May.
The execution of this contract shall be done in FY25.
<LessTips Industries to table results
Aptech to convene board meeting
RR Metalmakers India to announce Quarterly Result
Raymond to declare Quarterly Result
Berger Paints India to table results
Kernex Microsystems receives order from Integral Coach Factory
Nelcast announces board meeting date
Mahindra & Mahindra Financial Services reports fraud in one of its branches in North East
Adani Power to discuss results
Gokaldas Exports announces closure of QIP issue
NBCC secures record new works of Rs 23,500 in FY24
NBCC (India) secured significant business during FY��23-24 and it has secured record new work... read mores of Rs. 23,500 crore on consolidated basis and Rs. 18,400 crore on standalone basis, as compared to Rs. 6,700 crore (Consolidated basis) and Rs. 4,225 crore (Standalone basis) in preceding FY.
Major business secured in FY2023-24:
- Additional FAR works in Amrapali worth approximately Rs. 10,000 Crore. �h
- First Re-development project out-side of Delhi i.e; Kerala State Housing Board (KSHB) Project valuing Rs. 2,000 Crore. �h
- Diversification into Agri-infrastructure Sector through construction of grain storage under ��World��s Largest Grain Storage Plan�� with an approximate value of Rs 1,500 Crore. �h
- Redevelopment and modernisation of Government of India Presses through selffinancing model at Mayapuri, Rashtrapati Bhawan, Nasik & Kolkata, valuing Rs. 750 Crore. �h
- Various infrastructure works of SAIL Bhilai, Bokaro, Durgapur & Burnpur valuing Rs. 580 Crore. �h
- NIT Sikkim works valuing Rs. 560 Crore. �h
- Construction work of Jawahar Navodaya Vidyalaya (JNV) at various locations of Odisha, Bihar, Jharkhand, NER, UP & Delhi valuing Rs. 346 Crore. �h
- Other works secured are for Paradip Port Authority (PPA), Indian Medical Association (IMA), Khadi Village Industrial Commission (KVIC), NIFT Varanasi, Institute of Chartered Accountants of India (ICAI), PWD Puducherry, etc. �h
- MoUs signed with BHEL(land monetisation), HUDCO, DMRC& Institute of Company Secretaries of India(ICSI)
Amrapali: NBCC has successfully completed about 19,000 units in just three years (including 2-years under the influence of COVID-19 pandemic). The company is committed to deliver another 19,000 units before March 2025.NBCC along with Aspire team has achieved sale of over 6,300 units in Amrapali Projects with total sale value of more than Rs. 3,650 crore.
WTC Nauroji Nagar: NBCC has sold commercial real estate inventory valuing approximately Rs. 6,500 crore this FY as compared to around Rs. 2,100 crore in last FY. As on date, the company has sold a total commercial inventory of over 30 lakh sq.ft. through 25 e-auctions having a sale value of over Rs 12,100 crore. The project is rapidly progressing towards completion with achievement of more than 95% of physical progress.
Works Awarded: During the financial year 2023-2024, at a consolidated basis, the Company has awarded works of approx. Rs. 9,800 crore pertaining to different projects compared to works of approx. Rs. 6,050 crore last year, by registering a significant growth of about 62%.
<Less
UCO Bank to convene board meeting
KEI Industries to discuss results
India Lease Development to declare Quarterly Result
Mini Diamonds allots 2 cr convertible warrants
Mastek expands its partnership with Yanbu Cement Company
Mastek announced that it has won the multi-tower deal from Yanbu Cement Company (YCC) to optimize... read more the efficiency of YCC`s production line. YCC, a pioneer in the cement industry in the Kingdom of Saudi Arabia (KSA), embarked on a digital & cloud transformation journey with Mastek in 2022, aligning with Saudi Arabia`s Vision 2030 and Smart Industry 4.0 initiatives.
Following the execution of multiple back office and Enterprise Resource Planning (ERP) transformation programs in the first phase, Mastek will kick-off the second phase, focusing on automating YCC`s front office operations and streamlining the lead-to-cash cycle. By leveraging the Oracle Fusion stack across integrated layers of ERP systems, Mastek will enable YCC to improve customer & employee experience, reduce order fulfilment turnaround time (TAT), optimize material loading & dispatch processes, and enhance quality with governance excellence. During the initial phase, Mastek transformed YCC`s EBS-based infrastructure to Oracle Fusion Cloud. An extensive suite of Oracle Cloud modules were implemented, such as Human Capital Management (HCM), Enterprise Planning & Budgeting Cloud Service (EPBCS), Profitability & Cost Management Cloud Service (PCMCS), and Oracle Maintenance Cloud.
The project marks a significant achievement for Mastek as it expands its revenue streams through CX Transformation, EX Transformation & Industrial Edge offerings, and is poised to tap into new market potential. With an increased focus on CX, EX & connected enterprise solutions Mastek aims to strengthen its footprint as a digital transformation leader in the Middle East region.
Key RoIe to be delivered to YCC:
� Improves customer experience, and order fulfillment cycle by developing a customer portal for seamless order capturing & fulfillment visibility with Oracle CRM Stack for sales team management integrated with Oracle Fusion ERP components.
� Improve Quality, Governance & Visibility around Supply Chain, Finance & Procurement with Oracle Fusion Suite (Finance, SCM, EPM etc.)
� Deploy an IoT-enabled solution to optimize truck/vehicle alignment during material loading.
� Leverage existing accelerators like Mastek`s VolteoEdge platform to integrate web and mobile sales apps with YCC`s Oracle ERP system.
<LessAshiana Ispat schedules board meeting
MMTC announces change in Govt. Nominee Director
State Trading Corporation of India announces change in Govt. Nominee Director
Grand Foundry announces board meeting date
Pinnacle Life Science`s Formulations (Oncology) unit completes USFDA inspection
RPP Infra Projects JV bags railways project of Rs 412.81 cr
Craftsman Automation will consider fund raising options
Kirloskar Oil Engines schedules board meeting
Wardwizard Innovations & Mobility appoints Director - Sales & Strategy
Board of Intelligent Supply Chain Infrastru.Trust recommends final dividend
Chaman Metallics to convene board meeting
Toyam Sports to convene board meeting
CreditAccess Grameen announces board meeting date
Adani Total Gas to convene board meeting
Vardhman Special Steels to table results
Navkar Corporation to convene board meeting
Encash Entertainment to hold board meeting
Inox Wind to hold board meeting
Bharat Wire Ropes to announce Quarterly Result
IDFC First Bank grants 3 lakh stock options
Regency Fincorp to declare Quarterly Result
Zydus announces NDA acceptance of Desidustat in China by NMPA
Board of ICICI Prudential Life Insurance Co. recommends final dividend
IDFC to discuss results
Board of Tata Consumer Products recommends Final Dividend
Triveni Glass to declare Quarterly Result
Binny to conduct board meeting
Jyoti Structures qualifies to bid for transmission project of KETRACO, Kenya
Vinyl Chemicals (I) announces board meeting date
IFCI to discuss results
Filatex India to declare Quarterly Result
Symphony to hold board meeting
Kirloskar Ferrous Industries allots 51,163 equity shares under ESOP
Vakrangee allots 5 lakh equity shares on conversion of warrants
LS Industries to convene board meeting
Antarctica schedules board meeting
Nicco Parks & Resorts to declare Quarterly Result
Board of Tinna Trade approves allotment of 3.07 cr shares and up to 28.61 lakh convertible warrants
KFin Technologies allots 35,352 equity shares under ESOP
IRB InvIT Fund to convene board meeting
Adani Green Energy announces board meeting date
Mufin Green Finance to hold board meeting
Shish Industries bags multi-year order of Rs 312 cr from Best Construction Products Inc.
Shish Industries(SIL) announced the signing of a significant long-term commercial trade agreement... read more, with the USA based entity Best Construction Products Inc. (BCP). This agreement brings together SIL, a leading company specialising in the production and supply of Construction, Packaging & Thermal Insulation related Products, and BCP, a distinguished entity in the United States engaged in quality construction materials.
Under the terms of the agreement, SIL will supply a variety of agreed products crucial for construction purposes to BCP over a period of 5 years amounting to minimum USD 37.5 millions (approx. Rs. 312 crores present value). The parties have agreed on dynamic pricing based on raw material pricings, actual freight charges, quality assurance and more. The agreement also outlines the minimum commitment purchase by BCP year on year and compensation of 3% for any shortage in that, given as advance deposit to SIL.
<LessRossari Biotech to hold board meeting
Lagnam Spintex schedules board meeting
Gretex Industries to convene board meeting
Board of Mafia Trends recommends interim dividend
Honasa`s skincare brand `The Derma Co.` achieves Rs 500 cr annual revenue run rate
Suraj Estate Developers bags redevelopment project in Mahim, Mumbai
Suraj Estate Developers�has acquired freehold plot of land admeasuring ~ 1,073.42 square meters... read more situated off Lady Jamshedji Road, Mahim (West), Mumbai for a total consideration of Rs. 33.10�crore.
The project is a redevelopment project which entails redevelopment of 7 tenants/occupants who have vacated their respective premises and the plot is rendered vacant. After deducting the FSI required for rehabilitating the said tenants / occupants of the property and surplus area to be handed over to MHADA, the estimated balance carpet area available for sale is about 2,787 square meters (30,000 sq. ft.) with a GDV of Rs. 120 crore.
<LessMeghmani Organics schedules board meeting
Ajanta Pharma to table results
Board of Tamilnad Mercantile Bank recommends final dividend
Board of Indian Overseas Bank approves raising capital up to Rs 6000 cr
Shilchar Technologies to announce Quarterly Result
South Indian Bank to convene board meeting
Indra Industries announces board meeting date
Paisalo Digital to consider Fund Raising
Bajaj Electricals announces resignation of COO- Consumer Products Business
Hero MotoCorp expands its presence in Nepal
Building on its commitment to Nepal, Hero MotoCorp along with its authorized distributor CG Motor... read mores, has announced its aggressive business plans and inaugurated a product assembly facility in the country.
Hero MotoCorp launched four of its globally popular products � Xpulse 200 4V, Super Splendor, Splendor+ motorcycles and Xoom 110 scooter. The four products will be assembled locally at the new state-of-the-art assembly facility located in CG Industrial Park in Nawalparasi.
The facility will have a capacity of 75,000 units per annum and will bring new investments and create job opportunities in the region. CG Motors will be rapidly expanding the sales and service network across Nepal to cater to the growing customer base.
<LessMangalam Cement to conduct board meeting
Milkfood schedules board meeting
Board of Reliance Industries recommends final dividend
Board of Yes Bank allots 127.98 cr equity shares on conversion of warrants
Inspirisys Solutions to hold board meeting
Khoobsurat to conduct board meeting
Macrotech Developers allots 1.69 lakh equity shares under ESOS
Board of Mahindra Logistics recommends final dividend
CelerityX launches OneX to address connectivity challenges faced by credit societies
R R Kabel announces cessation of CEO
IndusInd Bank successfully executes RBI`s programmable CBDC pilot
IndusInd Bank today announced successful execution of RBI`s programmable CBDC pilot, being the fi... read morerst Bank. This pilot project is executed in collaboration with Circularity Innovation Hub India (CIH), as an alternate form of CBDC wherein the Bank can program the end use of funds, being disbursed to farmers in lieu of generation of carbon credits. As a part of this pilot, IndusInd Bank initiated the programmable CBDC disbursement to 50 farmers in Ratnagiri district of Maharashtra and will cover around 1000 farmers going ahead, marking a significant milestone in the adoption of innovative financial solutions for the agriculture sector.
This project involves IndusInd Bank crafting digital wallets and managing CBDC transfers, alongside partners including CIH, which is a Sponsor Agency for this project and a climate-tech company building circular economy business models around all-things-waste not only to recycle it, but also repurpose it as energy or bi-product, thus generating the first-of-its-kind Circularity Credits. Additionally, Hindustan Agro & Jackfruit King Company spearheaded farmer engagement, linking sustainable practices to additional revenue streams, while Emertech Innovations developed a Blockchain-backed platform to provide endto-end traceability and transparency in the generation of revenues from Circularity Credits and its traceable disbursement. This collaborative effort aims to promote Circularity Credits from recycling agricultural waste. CIH, IndusInd Bank, and partners aim to scale the pilot into a nationwide initiative benefiting farmers.
Furthermore, the Phase 2 of the project will focus on Safai Karmacharis, aiming to increase their income by leveraging revenues generated from the collection, recycling, and repurposing of plastic waste. Additionally, the CIH`s `Planet and People Platform` will play a crucial role in providing end-to-end traceability on the revenues generated from Circularity Credits, ensuring transparency in beneficiary disbursements
<LessAdroit Infotech wins order of Rs 2 cr
Gothi Plascon (India) to discuss results
Integrated Proteins to announce Quarterly Result
Thermax to declare Quarterly Result
Lupin announces board meeting date
CNI Research to declare Quarterly Result
Gujarat Toolroom completes another segment of on-going contract with RIL
Gujarat Toolroom (GTL) has successfully executed another segment of the ongoing contract with Rel... read moreiance Industries. The company has delivered construction supplies valued at Rs. 65 crore to Reliance Industries, marking the second installment of the agreed-upon contract.
The total contract size between GTL and RIL exceeds Rs. 200 crore. The initial tranche of the contract amounting to Rs. 29 crore was satisfactorily completed last month. With the recent fulfillment of the Rs. 65 crore segment, GTL is poised to progress seamlessly towards completing the remaining portions of the contract in the forthcoming quarters.
<LessGujarat Cotex to hold board meeting
Board of Sanghi Industries approves sub-division and increase in authorised share capital
Federal Bank to announce Quarterly Result
NDL Ventures to announce Quarterly Result
Board of Rajratan Global Wire recommends final dividend
United Breweries announces resignation of Director & CFO
Zydus launches Mirabegron ER Tablets in US market
Zydus Lifesciences announced the launch of Mirabegron Extended-Release Tablets, 25 mg in the US m... read morearket. The company had earlier received final approval from the United States Food and Drug Administration (USFDA) to market Mirabegron Extended-Release Tablets USP 25 mg and 50 mg (USRLD: Myrbetriq� Extended-Release Tablets). Zydus is among the first suppliers to launch the generic version of Mirabegron Extended-Release Tablets, USP 25 mg in the US market and is prepared to launch Mirabegron Extended-Release Tablets, 50mg imminently.
Mirabegron is indicated for the treatment of overactive bladder (OAB) with symptoms of urge urinary incontinence, urgency and urinary frequency. The drug will be manufactured at the group`s formulation manufacturing facility in Ahmedabad SEZ, India.
<LessPVV Infra to conduct board meeting
Board of Rama Steel Tubes approves raising up to Rs 500 cr via FPO
Board of Persistent Systems recommends final dividend
Shoppers Stop to declare Quarterly Result
SBI Cards allots 2,600 equity shares under ESOP
Firstsource Solutions to table results
Coforge appoints Om Prakash Bhatt as Chairman
Intellect completes implementation of DTB platform for Jordan Kuwait Bank
Intellect Global Transaction Banking (iGTB), the transaction banking specialist from Intellect De... read moresign Arena, today announced Jordan Kuwait Bank�fs (JKB) successful implementation of Digital Transaction Banking (DTB) platform enabled by eMACH.ai architecture.
This implementation provides a completely integrated, mobile-first, state-of-the-art, omni-channel experience to power JKB�fs growth ambitions in the Arab region based on Jordan Vision 2025.
The key highlights of this digital transformation include:
�� The platform features out-of-the-box features for digital cash management, trade finance, and payments powered by eMACH.ai architecture platform
�� This is supported by the award-winning omni-channel Digital Customer Experience suite (CBX) and comprehensive mobile banking services.
�� The platform offers seamless digital experiences throughout the corporate financial supply chain digitising transaction banking operations.
�� SME and corporate clients in Jordan across power, real estate, energy, hospitality, medical & aviation sectors can benefit from this enriched digital platform, with superior customer experience and enhanced product offerings and services from the bank.
<LessTitan Company to conduct board meeting
Patanjali Foods incorporates two wholly owned subsidiaries
Westlife Foodworld to conduct board meeting
Man Industries receives approval of Shell Global for coating for steel pipeline
Miven Machine Tools to conduct board meeting
Loyal Textile Mills to discuss results
Dr. Reddy`s launches condition management programme DailyBloom� IBS
Tata Steel update on scheme of amalgamation
Board of Benares Hotels recommends final dividend
Cil Securities announces board meeting date
Dhanlaxmi Bank receives RBI nod for appointment of MD & CEO
Axis Bank to announce Quarterly Result
Bank of Maharashtra to table results
Uno Minda acquires further 26% stake in Minda Westport Technologies
New Delhi Television to conduct board meeting
Shiva Cement announces board meeting date
Blue Coast Hotels cancels board meeting
Birlasoft to announce Quarterly Result
Valiant Organics announces retirement of MD
Happiest Minds Technologies to acquire Macmillan Learning India
Sterling & Wilson Renewable Energy allots 7,500 equity shares
Hiliks Techs. announces board meeting date
Ashoka Metcast to hold board meeting
Aik Pipes & Polymers to hold board meeting
Dhampur Bio Organics to declare Quarterly Result
Fino Payments Bank to announce Quarterly Result
Valor Estate to acquire 50% stake in Shiv Infra Riverwalk LLP
Padget Electronics (a Dixon arm) partners with Longcheer
Kirloskar Oil Engines allots 41,689 equity shares under ESOP
Aurionpro Solutions to acquire majority stake in Mumbai-based start-up Arya.ai.
NTPC Green Energy inks MoU with Indus Towers
HCC raises Rs 350 cr via rights issue
Hindustan Construction Company`s rights issue has been oversubscribed by 250%, with the company r... read moreeceiving applications worth Rs 877 crore pursuant to its rights issue as against an issue size of Rs 350 crore. The company has retained an amount of Rs 350 crore, corresponding to 100 per cent of the rights issue size, with the balance being refunded to investors. Equity Shares have been allotted to the applicants as per the basis of allotment finalized with the designated Stock Exchange i.e. BSE.
Through the rights issue, the number of shares in HCC has increased by 16,66,66,666, from 151,30,28,244 to 167,96,94,910 and the Paid-up Share Capital has increased by Rs 17 crore, from Rs 151 crore to Rs 168 crore.
<LessACC to declare Quarterly Result
Force Motors to declare Quarterly Result
Comfort Fincap to announce Quarterly Result
Aditya Birla Capital to declare Quarterly Result
Inox Wind wins order of 210 MW for its 3MW WTGs
Dolat Algotech to discuss results
Black Rose Industries seeks environmental clearance for project
Indo Count acquires international home fashions brand WAMSUTTA
Indo Count Industries announced its strategic acquisition of the international home fashions bran... read mored WAMSUTTA from Beyond, Inc. (NYSE: BYON).
Wamsutta � an industry-leading home fashions brand � has delighted generations of consumers with luxurious bed, bath and other home fashion products. This acquisition, which closed on 18 April 2024, strengthens Indo Count`s brand portfolio, and elevates its position in the premium market segment.
<LessJai Balaji Industries to hold board meeting
Sadbhav Engineering to hold board meeting
Board of HDFC Asset Management Company recommends final dividend
Board of HDFC Life Insurance Company recommends final dividend
Muthoot Finance update on USD 2 billion GMTN programme
Tilak Ventures schedules board meeting
Ramkrishna Forgings strengthens its position in e-PV segment
Mahindra Life`s Net Zero homes project `Mahindra Zen` receives outstanding response
Vodafone Idea schedules board meeting
LTIMindtree collaborates with Vodafone to offer connected, smart IoT solutions and Industry X.0 solu
LTIMindtree has collaborated with Vodafone, a global leader in managed Internet of Things (I... read moreoT), with over 175 million connections worldwide, supporting a wide range of business-critical applications. Through this partnership, LTIMindtree will offer connected and smart IoT solutions, powered by its Insight NXT platform (iNXT) and Vodafone`s IoT Managed Connectivity, that will enable Industry X.0 and digital transformation across multiple vertical sectors.
LTIMindtree`s iNXT Business Unit brings Technical and Functional components, and together with Vodafone`s IoT Managed Connectivity solutions it will deliver to solve complex business challenges. By drawing on a bestin-class ecosystem of partners, LTIMindtree will empower clients to maximize their efforts across revenue acceleration through newer business models, cost efficiency and sustainability, leveraging Smart IoT and Industry X.0. LTIMindtree, enabled by Vodafone will provide solutions that deliver advance capabilities in AI, machine learning, predictive maintenance, digital twin, supply chain visibility, sustainability, energy management, worker safety, sensorization of assets, augmented reality, and virtual reality training.
<LessShakti Pumps (India) schedules board meeting
Sportking India schedules board meeting
Life Insurance Corporation of India announces change in senior management
SJVN Green Energy incorporates JV named SGEL Assam Renewable Energy
Container Corporation of India signs MoU with PSA MESA Supply Chain
Container Corporation of India (CONCOR) and PSA MESA Supply Chain (PSA MESA) have signe... read mored a Memorandum of Understanding (MoU) on 18 April 2024 at New Delhi to collaborate in offering seamless and cost-effective end-to-end logistics service to customers.
CONCOR is a leading logistics service provider in the country with pan India presence at more than 60 container terminals. PSA MESA is a wholly owned subsidiary of PSA International, a leading global port operator and trusted supply chain partner to cargo stakeholders operating four maritime container terminals and two container freight stations in India, and offering globally integrated and port-centric supply chain, transportation, and logistics solutions through its supply chain business arm, PSA BDP.
<LessDialog, Axiata and Airtel to merge operations in Sri Lanka
Dialog Axiata PLC (Dialog), Axiata Group Berhad (Axiata) and Bharti Airtel signed a definitive ag... read morereement to combine their operations in Sri Lanka.
Under this agreement, Dialog will acquire 100% of the issued shares in Airtel Lanka, in consideration of which Dialog will issue to Bharti Airtel, ordinary voting shares which will amount to 10.355% of the total issued shares of Dialog by way of a share swap.
The transaction is subject to the approval of Dialog`s shareholders and is pending the completion of specific conditions outlined in the Share Sale Agreement, including clearance from the Colombo Stock Exchange (CSE) and completion of other applicable legal, corporate and regulatory compliance procedures.
The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has granted its approval for the proposed merger, underscoring its vision to advance the adoption of telecommunications services across Sri Lanka. This consolidation will enable the merged entity to garner economies of scale and reduce duplication of infrastructure, achieve synergies in technology and capital expenditure leading to enhanced high speed broadband connectivity, voice and value added services, cost savings and operational efficiencies
<LessAplab to hold board meeting
Usha Martin to table results
Jubilant Cadista Pharmaceuticals to close down manufacturing operations
VST Industries to discuss results
Wendt India to discuss results
Talbros Automotive JV wins Rs 1,000 cr multi-year contract in Europe
Talbros Automotive Components announced order win from a large European OEM for a multi-year cont... read moreract valued at approximately Rs. 1,000 crore. These orders are to be executed over a period of next 8 years commencing from Q4FY25. The Order win is by TACL`s Joint Venture Company, Marelli Talbros Chassis Systems (MTCS).
This order is centered on the supply of Suspension Arms tailored for both conventional Internal Combustion Engine (ICE) vehicles and new age Electric Vehicle (EV) platforms for EMEA and NAFTA regions. The production for the same would be done from the Pune plant of MTCS for which a capex investment of ~Rs. 65 crore is envisaged in FY25. The investments would be done through internal accruals and debt.
This order adds a new customer for TACL group in Europe, which is a highly specialized market for automotive components. This will further improve the market share in Europe and open new avenues of growth with existing and new OEMs in the region.
Last year, the Company received orders to the tune of ~�Rs 980 crore across varied products segments in standalone and JV company. Amongst these, orders worth ~Rs. 475 crores were for supply for EV segment. Furthermore, orders worth ~ Rs. 415 crore were related to exports. Coupled with order wins in FY24, TACL anticipates continued momentum in business and profitability
<LessLKP Finance to discuss results
Board of Gujarat Hotels recommends final dividend
Board of Bank of Baroda to consider capital raising options for FY25
Progrex Ventures to convene board meeting
Natco Pharma update on legal complaint filed in US
NATCO Pharma announced that Fresenius Kabi USA, LLC and Fresenius Kabi Deutschland GmbH (together... read more, �Fresenius�) have filed a complaint against Natco Pharma USA LLC f/k/a Dash Pharmaceuticals LLC in the District Court of Delaware relating to the marketing of Dash Pharmaceuticals Diazepam Injection prefilled syringe in the United States.
Fresenius has not yet effectuated service of the complaint which is required to commence the lawsuit.
Natco Pharma intends to defend the matter accordingly.
Dash Pharmaceuticals LLC had been acquired by Natco Pharma, Inc. and Dash Pharmaceuticals LLC had changed its name to Natco Pharma USA LLC
<LessAshish Polyplast to discuss results
Shilpa Medicare announces launch of PEMRYDI RTU�
Macrotech Developers to convene board meeting
Quest Softech India to hold board meeting
Power Mech Projects wins orders of Rs 232 cr
A) Order worth ... read moreof Rs. 122.89 crores from BHEL in various packages as follows:
Package-A: Erection of Power House Unit 1 & 2 (incl CCR) structure and other mics. buildings including supply & installation of items as per BOQ at 2X660 MW NTPC Talcher Odisha.
Package-B: Erection of Ash Handling Plant structure, FGD Structure, Tank fabrication & installation and other mics. building Structure including supply & installation of items as per BOQ at 2X660 MW NTPC Talcher Odisha.
Package-C: Erection of Coal Handling Plant structure and other mics. building Structure including supply & installation of items as per BOQ at 2X660 MW NTPC Talcher Odisha.
B) Balance Civil and Architectural works of Superstructure of Power House, Bunker area and Balance works in other areas of Main plant of Yadadri TPS Unit 4& 5 - Rs. 52.74 crore.
C) Mechanical Structure Erection works at PP2 and Balance Quantity of Coke Oven Projects (Battery 5&6) at Jindal Steel Odisha Limited (JSOL), Angul- Rs. 56.40 crore.<Less
Colorchips New Media announces board meeting date
TruCap Finance to hold board meeting
Basilic Fly Studio to declare Quarterly Result
DreamFolks partners with RedBeryl
DreamFolks announced a strategic partnership with RedBeryl, a pioneer in luxury lifestyle and per... read moresonalized services, to provide luxury experiences to its customers. This collaboration marks a significant milestone in redefining the luxury experience for customers across the globe. This strategic alliance aims to enable DreamFolks�� clients � including banks, card networks, and enterprises �C the opportunity to enhance their customer value proposition.
Through this partnership, customers can enjoy access to 3000+ exclusive members�only club across 150+ countries and front row seating at prestigious international sporting events like Olympics, Wimbledon, Champions League, and World Cups.
Additionally, this partnership offers luxurious stays at over 15,000 premium hotels worldwide, exquisite dining experiences at acclaimed international venues & Michelin star restaurants, elite mobility optionsincluding private jets and yacht.
Furthermore, the collaboration provides customized health and wellness solutions with renowned fitness chains and experts. These services will be offered through co�randed card. These cards represent not only a symbol of prestige but also a gateway to a world of unmatched luxury and exclusivity.
<LessBoard of Reliance Industrial InfraStructure recommends Final Dividend
Mastek named a supplier on UK`s MoD`s DIPS framework
Board of Eimco Elecon (India) recommends final dividend
Board of Infosys approves acquisition of in-tech Holding GmbH
Laurus Labs to conduct board meeting
Alembic Pharmaceuticals to declare Quarterly Result
Endurance approves capex of Rs 63 cr for capacity addition
Carborundum Universal to hold board meeting
ITC Infotech to acquire Blazeclan Technologies
Trent to table results
IIRM Holdings India to announce Quarterly Result
Jumbo Bag to announce Quarterly Result
Marksans Pharma`s Goa unit concludes USFDA inspection with observations
MFL India announces board meeting date
Ipca Laboratories hikes stake in Lyka Labs
Som Distilleries & Breweries appoints Chief Marketing Officer
Sanghi Industries to hold board meeting
Axita Cotton announces board meeting date
Coal India schedules board meeting
Board of IIFL Finance approves terms of rights issue
Muthoot Finance to hold board meeting
Indian Overseas Bank to convene board meeting
Rose Merc. announces board meeting date
Sunteck Realty receives upgrade in issuer ratings
Jindal Hotels to hold board meeting
Jubilant Generics` Roorkee unit clears USFDA inspection
Jubilant Pharmova`s wholly owned subsidiary Jubilant Pharma, today announced that its subsidiary ... read moreJubilant Generics (JGL) received a communication from the USFDA through which the regulatory agency intimated that pursuant to its January 25 to February 2, 2024 audit of JGL`s Solid dosage manufacturing facility at Roorkee, India, it has determined the inspection classification of the facility as �Voluntary Action Indicated (VAI)�.
Based on this inspection and the USFDA VAI classification, the facility is considered to be in acceptable state of compliance with regard to current good manufacturing practices (cGMP). With this, the FDA has concluded that this inspection is �closed�.
<LessVST Industries appoints COO
Sundram Fasteners receives NCLT approval for scheme of amalgamation
HDFC Bank Board to consider annual bond issuance
Power Grid approves bond issuance of upto Rs 12,000 cr in FY25
Aastamangalam Finance to conduct board meeting
Board of Integrated Industries allots 95.78 lakh equity shares
Rollatainers to conduct board meeting
Shree Cement receives affirmation in credit rating for CP
Escorts Kubota to hold board meeting
Adani family infuses Rs 20,000 cr in Ambuja Cements` warrants program
Ambuja Cements announced that the Adani family has fully subscribed to the warrants program in th... read moree Company by further infusing Rs 8,339 crore thereby infusing total amount of Rs 20,000 crore. Adani family have increased their stake in the Company by further 3.6% to 70.3%. This follows, the investment of Rs 5,000 crore on 18 October 2022 and Rs 6,661 crore on 28 March 2024, which was for part issuance of the shares.
The funds infusion will be instrumental to accomplish the capacity of 140 million tonnes per annum by 2028 by the cement vertical. Further, it shall also enable various strategic initiatives including debottlenecking capex to enhance operational performance, as well as bringing efficiencies across resources, supply chain. This shall also drive innovation and product enhancement through advanced technology integration for better service offerings to tap the growing requirements of the sector driven by the growth in the Indian economy.
<LessIndian Hotels Company to convene board meeting
Ratnamani Metals & Tubes incorporates WoS in Abu Dhabi
Agro Tech Foods to declare Quarterly Result
Goyal Salt to hold board meeting
eMudhra to hold board meeting
Enkei Wheels (India) to table results
AGI Infra to conduct board meeting
Aditya Birla Capital launches its omnichannel D2C platform `ABCD`
BKM Industries to declare Quarterly Result
Tata Power Company to hold board meeting
Tata Motors to table results
DCB Bank to convene board meeting
PNB Gilts to convene board meeting
Coal India`s capex rises 6.5% to Rs 19840 cr in FY2024
Coal India`s (CIL) capital expenditure as whole has risen by 6.5% on year to Rs.19,840 crore endi... read moreng FY 2024, the highest till date. Comparatively, the capex was Rs. 18,619 crore in the preceding fiscal year. CIL achieved 120% target satisfaction over the year`s capex target of Rs. 16,500 crore. For the fourth fiscal on sequence CIL`s capex breached the budgeted target.
With the company focusing on strengthening coal transportation and handling infrastructure in its mining areas, capex under this head was highest among others at Rs.6,070 crore, 30.6% of the year`s capex spend. CIL is aiming to have adequate infra in place to evacuate increased quantities of coal produced in future. This includes setting up first mile connectivity projects with Coal Handling Plants and Silos; rail sidings, rail lines and roads. South Eastern Coalfields Limited (SECL) and Mahanadi Coalfields Limited (MCL) between them accounted for 65.4% of this head with Rs. 2,214 crore and Rs. 1,754 crore respectively.
Evincing a sharp upward swing on land acquisition and associated rehabilitation and resettlement, capex for land was Rs.5,135 Crores in FY 2024, the second highest, posting a jump of 52.5% over Rs.3,367 crore of FY 2023. CIL requires large tracts of land to enhance its production from OC mines which account for 96% of the company`s total output.
CIL`s three subsidiaries Central Coalfields Limited (CCL), SECL and MCL lined up 77.3% of the capex under land head. CCL led the list with Rs.1,909 Crores followed by SECL at Rs. 1,159 Crores and MCL, Rs.904 Crores. These three companies have sizeable production potential in future. Combined they are expected to contribute around 68% to CIL`s 1 Billion Tonne output goal.
Procurement of heavy earth moving machinery (HEMM) made up the third highest head with Rs.3,078 Crores during FY 2024 achieving the target satisfaction of 156.5%. The target was Rs.1,965 Crores. Northern coalfields Limited alone took up Rs.2,262 Crores. In its technology and modernization drive, CIL continuously upgrades its mining fleet having larger capacities, better safety and ergonomic features.
The remaining capex amounting to Rs.5,557 Crores was spread among other heads which include solar projects, joint ventures, washeries, other plant and machinery, mine development activities including safety, environment, exploration & prospecting and office equipment etc.
<LessHatsun Agro Product receives affirmation in LT credit rating
Aditya Birla Money to declare Quarterly Result
BAMPSL Securities to convene board meeting
Caplin Steriles receives USFDA approval for Ofloxacin Ophthalmic Solution USP 0.3%
Photoquip (India) to hold board meeting
Mumbai Travel Retail incorporates JV named - King Power Ospree
Kamadgiri Fashion to convene board meeting
Som Distilleries commissions wraparound equipment at Bhopal facility
Board of India Infrastructure Trust recommends final dividend
K.P. Energy to conduct board meeting
Tata Motors-DVR to convene board meeting
Magnum Ventures announces board meeting date
Shoppers Stop opens its first store in Shillong