Indian Market

Godavari Biorefineries Sets IPO Price Band at ₹334-352 per Share; Launches on October 23

Godavari Biorefineries Sets IPO Price Band at ₹334-352 per Share; Launches on October 23

/ Indian Market /

Godavari Biorefineries Ltd has set a price range of ₹334-352 per share for its upcoming ₹555-crore initial public offering (IPO), which will open for subscription on October 23 and close on October 25. The anchor investor bidding starts on October 22. The allotment will be finalized on October 28, with refunds and credit of shares […]

Godavari Biorefineries Sets IPO Price Band at ₹334-352 per Share; Launches on October 23 Read More »

China's Q3 GDP Grows 4.6%, Exceeds Expectations Amid Economic Stimulus Push

China’s Q3 GDP Grows 4.6%, Exceeds Expectations Amid Economic Stimulus Push

/ Indian Market /

China’s economy grew by 4.6% in the third quarter of 2024 compared to the same period last year, according to official data released on Friday. The growth rate slightly surpassed analysts’ expectations of 4.5% but showed a slowdown from the 4.7% expansion in the previous quarter. The third-quarter figures come as the government ramps up

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Wipro Q2 FY25 Results: Net Profit Surges 21% to ₹3,209 Crore; 1:1 Bonus Share Announced

Wipro Q2 FY25 Results: Net Profit Surges 21% to ₹3,209 Crore; 1:1 Bonus Share Announced

/ Indian Market /

Wipro announced a 21% rise in net profit for Q2 FY25, reaching ₹3,209 crore, compared to ₹2,646 crore in the same quarter last year. The IT services giant also declared a 1:1 bonus share issue, rewarding shareholders amid a challenging market environment. Revenue for the July-September quarter declined slightly by 1% year-on-year to ₹22,302 crore,

Wipro Q2 FY25 Results: Net Profit Surges 21% to ₹3,209 Crore; 1:1 Bonus Share Announced Read More »

Akums Drugs Partners with Canadian Firm Triple Hair for Exclusive Product Development in India

Akums Drugs Partners with Canadian Firm Triple Hair for Exclusive Product Development in India

/ Indian Market /

Akums Drugs and Pharmaceuticals announced on Wednesday that it has signed a licensing agreement with Canada-based Triple Hair Inc. Under the agreement, Akums has been granted exclusive rights to further develop and market Triple Hair’s recently innovated products in India. The company will then go ahead with development and commercialization upon receipt of the required

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Railtel Shares Surge 10% Following Rs 80 Crore Order from MHADA

Railtel Shares Surge 10% Following Rs 80 Crore Order from MHADA

/ Indian Market /

Shares of Railtel Corporation of India surged 10 percent to Rs 449 on October 16 after the company secured a Rs 79.8 crore order from the Maharashtra Housing And Area Development Authority (MHADA). The contract involves establishing, migrating, and managing cloud-based data centers and disaster recovery sites for MHADA. The company’s stock had declined by

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RVNL Shares in Focus After Securing Rs 270 Crore Metro Rail Project

RVNL Shares in Focus After Securing Rs 270 Crore Metro Rail Project

/ Indian Market /

Rail Vikas Nigam Ltd (RVNL) shares are in the spotlight on October 17, following the company’s successful bid for a Rs 270 crore project from Maharashtra Metro Rail Corporation. The contract entails constructing 10 elevated metro stations within a 30-month timeframe from the contract award date. The project includes seven elevated stations in Reach 3A—Hingna

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Ircon International signed MoU with Patel Engineering for Infrastructure Projects

Ircon International signed MoU with Patel Engineering for Infrastructure Projects

/ Indian Market /

Ircon International’s stock is drawing attention as the company signed a Memorandum of Understanding (MoU) with Patel Engineering Limited. The partnership aims to collaborate on and jointly execute infrastructure projects in India and overseas. The agreement is set to enhance both companies’ business prospects by exploring new infrastructure opportunities. Additionally, the stock is in focus

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KBC Global to Raise Rs 100 Crore for Debt Reduction, Plans Equity Share Issue

KBC Global to Raise Rs 100 Crore for Debt Reduction, Plans Equity Share Issue

/ Indian Market /

KBC Global, a construction and infrastructure company, has announced plans to raise up to Rs 100 crore through an equity share issue to reduce its debt burden. The company’s board is set to meet later today to consider and approve the fundraising proposal, which may involve methods such as preferential allotment or issuing warrants, according

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Akums Drugs Signs Licensing Agreement with Canadian Firm Triple Hair Inc.

Akums Drugs Signs Licensing Agreement with Canadian Firm Triple Hair Inc.

/ Indian Market /

Akums Drugs and Pharmaceuticals announced on October 16 that it has entered into a licensing agreement with Canadian company Triple Hair Inc. The deal grants Akums exclusive rights to further develop and market Triple Hair’s recently innovated products in India, as stated in a regulatory filing. Under the said agreement, Akums would be undertakings development

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Railtel Corporation Shares Surge 10% Following Rs 80 Crore Order Win from MHADA

Railtel Corporation Shares Surge 10% Following Rs 80 Crore Order Win from MHADA

/ Indian Market /

Shares of Railtel Corporation of India surged 10% to Rs 449 during afternoon trading on October 16, after the company secured a Rs 79.8 crore order from the Maharashtra Housing and Area Development Authority (MHADA). The contract involves establishing, migrating, and managing cloud-based data centers and disaster recovery sites for MHADA. Despite a 21% decline

Railtel Corporation Shares Surge 10% Following Rs 80 Crore Order Win from MHADA Read More »

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