2025-03-14Niranjan Ghatule
Fusion Finance Limited (formerly Fusion Micro Finance Limited) has announced a significant leadership change. The Board of Directors has appointed Mr. Sanjay Garyali as the new Chief Executive Officer (CEO), effective March 17, 2025. Additionally, Mr. Devesh Sachdev, who previously held the role of Managing Director & CEO, will now serve as the Managing Director.
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2025-03-14Niranjan Ghatule
Muthoot Finance Limited has achieved a historic milestone by crossing ₹1 lakh crore in Gold Loan Assets Under Management (AUM) as of March 13, 2025. This remarkable feat underscores the company’s leadership in the gold loan segment, backed by strong customer trust and consistent growth.
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2025-03-13Niranjan Ghatule
Shakti Pumps (India) Limited has secured 113 acres of land from the Madhya Pradesh Industrial Development Corporation Limited (MPIDC) for its wholly owned subsidiary, Shakti Energy Solutions Limited. The land, located in Pithampur, Dhar district, Madhya Pradesh, will be used to set up a solar cell and PV module manufacturing facility.
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2025-03-13Niranjan Ghatule
REC Limited, a Maharatna company under the Government of India, has announced that its Board of Directors will hold a meeting on March 19, 2025. The key agenda of this meeting is to discuss and consider the proposal for the declaration of the 4th Interim Dividend for the financial year 2024-25.
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2025-03-13Niranjan Ghatule
Gensol Engineering Limited, a key player in the renewable energy sector, is taking bold steps to navigate its ongoing financial crisis. After a 90% drop in its stock price and recent credit rating downgrades, the company’s Board has announced a $50 million fundraising plan and a 10:1 stock split to boost liquidity and regain investor confidence.
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2025-03-13Niranjan Ghatule
VA Tech WABAG, a leading water technology multinational backed by investor Rakesh Jhunjhunwala with an 8% stake, has secured significant orders worth INR 360 crores from GAIL and IOCL.
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2025-03-13Niranjan Ghatule
Polycab India Limited has entered into a significant agreement with Bharat Sanchar Nigam Limited (BSNL) as a Project Implementation Agency (PIA) for the BharatNet initiative in Bihar. This project, valued at ₹3002.99 crores (inclusive of GST), aims to strengthen digital connectivity in rural and semi-urban regions by developing the middle-mile network infrastructure.
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2025-03-12Niranjan Ghatule
Affle (India) Limited has announced a corporate rebranding by changing its name to Affle 3i Limited. The decision, approved by the company’s Board of Directors on March 11, 2025, is pending necessary approvals from shareholders and regulatory authorities.
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2025-03-11Niranjan Ghatule
CG Power and Industrial Solutions Ltd has secured a major order worth ₹400-450 crore for supplying and servicing railway products for 10 Vande Bharat trainsets. This long-term agreement with M/s Kinet Railway Solutions Limited includes propulsion kits, traction motors, and transformers, along with a 35-year service contract.
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