Puravankara Limited, one of India’s most trusted and admired real estatedevelopers, has recorded a strong sales performance in 9MFY24 with a sales value of Rs 3,967 crores,an increase of 89 per cent compared to Rs 2,100 crores in 9MFY23. Customer collections increased toRs 2,515 crores compared to Rs 1,597 crores in 9MFY23, indicating a jump…
Mr. Ravindra Pandey as an Additional Director (Non-Executive, Independent), effective July 20, 2023, approval of the Shareholders of the Company. Date of appointment The appointment is effective on and from July 20, 2023, through July 19, 2028 i.e. for a period of 5 (five) years. Brief profile Mr. Pandey is a senior Banker who superannuated…
The plant is estimated to generate 27.5 MUs of power; will cut the CO2 emissions by over 9,125 tonnes/ kWh annually Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has entered into a Power Delivery Agreement (PDA) with Endurance Technologies Limited, a leading auto component manufacturer, through a special…
As CEO, he will work closely with Mr Motilal Oswal, Group MD & CEO, MOFSL, to further expand and enhance the operations of Motilal Oswal Home Finance. Further, the Company has bolstered the management team with the appointment of Mr Shobhit Doru as Chief Operating Officer (COO), Mr Rajesh Maiya as Chief Business Officer (CBO)…
SBI Acquisition of 20% stake in SBI Pension Funds Acquisition of Entire Stake held by SBI Capital Markets Ltd. in SBI Pension Funds Pvt. Ltd. by State Bank of India SBI Pension Funds Private Limited (SBIPFPL) SBI has proposed for acquisition of 20% stake in SBI Pension Funds Pvt Ltd currently held by SBICAPS (wholly…
Aurobindo Pharma Aurobindo Pharma Limited is excited to announce a significant achievement by its wholly owned subsidiary, Eugia Pharma Specialities Limited. The subsidiary has received its final endorsement from the US Food & Drug Administration (USFDA) to produce and market Icatibant Injection, 30 mg/3 mL (10 mg/mL), Single-Dose Prefilled Syringe. This product has been determined…
RITES Ltd, a prime transport infrastructure consultancy and engineering firm, has entered into a memorandum of understanding (MoU) with Meghalaya Industrial Development Corporation Ltd (MIDC) to develop Multi-Modal Logistics projects in Meghalaya. As part of the MoU, RITES will be offering its expertise as a Project Management Consultant and shall undertake a comprehensive range of…
Sonata Software, a prominent Modernization Engineering company, is observing substantial interest in its newly launched product, Harmoni.AI. This offering revolves around Responsible-first AI and features a range of Industry solutions, service delivery platforms, and accelerators that utilize generative artificial intelligence (AI). Sonata is currently conducting several pilot programs with Fortune 500 clients and engaging in…
Ashok Leyland to Invest Rs 1200 Crore in Switch Infra to Expand Product Portfolio, R&D, and Operations The Board of Directors of Ashok Leyland in their meeting held today, have approved an investment of Rs 1200 cr in Switch Mobility as equity through its holding company Optare PLC UK. The funds infused will be used…
Click Join Telegram AXISCADES Posts Record Quarterly Revenue of INR 2,515 Mn. and Acquires add solution GmbH! Financial/Operational Highlights: Kaveri Seed Revenue ₹ 96.12 crore; up by 13.77% EBITDA was at ₹ 19.79 crore; up by 69.60% HEG Limited World’s Largest Graphite Electrodes Plant with Capacity Expansion to 100,000 Tons Per Annum HEG Limited has…