VA Tech Wabag announces a non-binding equity partnership agreement worth USD 100 million (approximately 862 crore rupees) with an investor consortium that includes Norfund. This partnership aims to fund capital…
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JM Financial has entered into a Share Purchase Agreement (SPA) with INH Mauritius 1 to acquire the remaining 5.97% stake in JM Financial Credit Solutions (JMFCS). The acquisition is valued…
Manappuram Finance Ltd. is experiencing a “Buy Today, Sell Tomorrow” (BTST) trading recommendation, specifically a “Long” position. This indicates an expectation of an increase in the stock’s value in the…
A small-cap defense stock in India has experienced a significant surge, jumping up to 10% following the announcement of a ₹142 crore order from the Defence Research and Development Organisation…
Hero MotoCorp has issued a clarification regarding a recent report about a joint venture. The company confirms that the reported joint venture with Schmiedetechnik is not related to Hero MotoCorp…
Garden Reach Shipbuilders & Engineers (GRSE) has entered into a Memorandum of Understanding (MOU) with the Public Works Department (PWD) of Nagaland. This agreement focuses on the construction and supply…
Insolation Energy Limited has secured a Letter of Intent (LOI) for new solar power projects. This development indicates a potential expansion of the company’s operations within the renewable energy sector…
The Indian government’s recent amendment to the Finance Bill 2024 introduces a significant change regarding the taxation of crude oil and natural gas producers. Specifically, the amendment clarifies that the…
NCC Ltd. secures a significant road construction order valued at ₹492 crore from the Andhra Pradesh Capital Region Development Authority (AP CRDA). This order involves the construction of roads and…
Cement companies in India are reportedly reversing recent price hikes in an effort to boost sales volumes amidst a period of subdued demand. This strategic move comes as the industry…