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This acquisition is pursuant to the right available to the company under the subscription and shareholders’ agreement signed for the acquisition of a 51 stake in 2018. Global technology solutions leader, Aurionpro has announced the si
Hindustan Unilever Ltd said Tuesday net profit for the second quarter of this fiscal year rose 8.86 from a year earlier as it increased prices of some products to offset a rise in input costs and controlled expenses. Standalone net profit increas
Manappuram Finance, AIA Engineering and JK Cement have witnessed volume burst in the last 75-minutes of the trade. As the saying goes, the first and the last hour of each trading session is the most important and active in terms of price and
Meghmani Finechem: Serving growth with strategic capacity expansion plans and products. "We are investing more to maintain the growth and create exceptional value for our shareholders," says Maulik Patel, Chairman and Managing Director of&nbs
Indian IT services continued to perform strongly in Q3CY21 as the strong momentum continued in winning deals in managed and as-a-services deals. It is estimated more than 2000 medium to small deals were won through CY22, a record high so far. Des
Reliance Industries is slowly stepping towards green energy. In recent deals to achieve to its green goal, Reliance announced a collaboration with Denmark-based Stiesdal that has technology for producing g hydrogen electrolyzers and acquire stake in
Tata Motors won a binding agreement with PE firm, TPG, and ADQ worth US$1Bn for an 11-15 stake in its newly formed subsidiary, TML EVCo. Post money, the valuation of the new company would stand at ~US $9.1Bn. The investment will be down in two ph
Indian Equity Market has shown an aggressive growth even after the economy was beaten down by the pandemic. The Indian equity market has soared from its lows of March 2020, edging to beat the UK equity market in terms of market value and cut the chas
Equitas Small Finance banks ranks the best amongst its peers in the Small Finance Business space with a diversified asset mix and a largely secured portfolio. It is the first bank to waive off NMC charges in January’21 and offered no minimum deposi
The multi-sector conglomerate gets the final approval for the demerger of the company into two segments Pharma and Financial services. The demerger will birth two new entities namely, Piramal Enterprises Limited (PEL) and Piramal Pharma Limited (PPL)
With Covid restrictions easing and economic revival, the paint industry is gaining steady demand for paints from project business sector. This is concluded from the conversations held with various paint dealer hailing from UP According to the deal
Sri Lanka seems to be beaten down by the recurring Covid-19 waves. Even before it could recover from the third wave, it found itself fighting with infectious fourth wave. The mortality remained high with its positivity rate close to 15, however, the
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