2025-02-20Niranjan Ghatule
Samvardhana Motherson International Limited (SAMIL) has taken a strategic step by incorporating Motherson Treasury Strategy Limited (MT) in Abu Dhabi Global Market (ADGM), UAE. This new subsidiary aims to enhance financial operations by providing cash management, working capital management, and financing solutions for SAMIL and its subsidiaries. The move aligns with the company’s long-term growth
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2025-02-20Niranjan Ghatule
The Ministry of Defence has signed a significant contract with Bharat Electronics Limited to enhance India's maritime security by providing state-of-the-art Software Defined Radios for the Indian Coast Guard. This initiative aims to improve communication, coordination, and operational capabilities.
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2025-02-20Niranjan Ghatule
Ujjivan Small Finance Bank (Ujjivan SFB) has received a demand order from the Joint Commissioner, Pune, Maharashtra, under the DRC07 order, imposing a penalty of ₹41,10,867.70 for disallowance of Input Tax Credit (ITC). The bank disclosed this information as part of compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.
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2025-02-19Niranjan Ghatule
Ashok Leyland, a leading commercial vehicle manufacturer, has announced that it has secured an order for supplying 320 BS VI Diesel Fuel Type 12M Low Floor Fully Built Buses to Tamil Nadu State Transport Corporation (TNSTC). The order, awarded through a standard tender process, is valued at approximately ₹297.85 crore and is expected to be executed between June 2025 and August 2025.
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2025-02-19Niranjan Ghatule
Netweb Technologies, a leading Indian Original Equipment Manufacturer (OEM) specializing in high-end computing and IT solutions, has unveiled Skylus.ai, a groundbreaking composable GPU aggregation-disaggregation appliance. This innovation is designed to optimize GPU resource management, particularly for artificial intelligence (AI) workloads, including Generative AI (GenAI).
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2025-02-18Niranjan Ghatule
In a significant stock market transaction, GQG Partners and Fidelity have acquired a major stake in Bharti Airtel, following a $976 million share sale by Sunil Mittal. This large-scale investment highlights the growing confidence of global investors in Airtel’s strong fundamentals, steady revenue growth, and expanding 5G network.
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2025-02-18Niranjan Ghatule
This ambitious project by RVNL aims to revolutionize public transportation in Bengaluru by integrating nine new stations into the city's suburban rail network. The inclusion of both elevated and at-grade stations is designed to cater to different geographical and urban planning needs, ensuring efficient passenger movement across various parts of Bengaluru.
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2025-02-18Niranjan Ghatule
TVS Motor Company, a global leader in two-wheeler and three-wheeler manufacturing, has once again raised the bar with the launch of the 2025 TVS RONIN. Known for redefining modern-retro motorcycling, the latest edition of the RONIN is a fusion of timeless aesthetics, advanced technology, and superior performance.
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2025-02-18Niranjan Ghatule
Patel Engineering Limited (PEL), a small-cap infrastructure company based in Mumbai, has secured a major irrigation project worth Rs. 1,090.45 crore. The company, in a joint venture, has been declared the lowest bidder (L1) for the project awarded by the Maharashtra Krishna Valley Development Corporation (MKVDC), Pune.
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