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The road infrastructure sector is expected to get a boost as the Cabinet has approved eight new highway projects, with a major investment of Rs 50,000 crore. These projects will be called National High-Speed Road Corridor Projects.
Dilip Buildcon, Ashoka Buildcon, and PNC Infratech in Focus
The essence of investing lies in the ability to see value where others see risk and to act when others hesitate.Читать полностью…
Berkshire Hathaway has significantly reduced its stake in Apple, cutting it by nearly 50%.
Читать полностью…#AmaraRaja reported a net profit of Rs 249 crore for the June quarter, marking a 25.8% year-on-year increase.
Читать полностью…A wise investor understands that the market's short-term irrationality often provides the best long-term opportunities.Читать полностью…
The Indian government has approved 100% FDI for aircraft maintenance, repair, and overhaul (MRO) through the automatic route. Additionally, a uniform 5% IGST rate has been set on imported aircraft parts and equipment to support the growth of the domestic MRO industry and the aviation sector.
Читать полностью…#AdaniEnterprises aims to establish a fully integrated solar manufacturing capacity of 10 GW by FY26, according to Deputy CFO Saurabh Shah.
Читать полностью…NESTLE INDIA
The company is investing ₹706 crore in a joint venture with Dr. Reddy's Laboratories, holding a 49% stake, while Dr. Reddy's retains 51%. A portion of this investment will fund the acquisition of Nestle India's existing medical nutrition and nutraceuticals business.
#OlaElectricIPO
Ola Electric has raised ₹2,763 crore from anchor investors, including marquee names like Ashish Kacholia's promoted entity, Norges Bank, Fidelity, Amundi, SBI Mutual Fund, Nippon India Mutual Fund, White Oak, and Authum (promoted by Sanjay Dangi).
The IPO, which opens on August 2, has a total size of ₹6,146 crore, with a price band set at ₹72-76 per share.
#TataMotors has approved the demerger of its commercial vehicle business, transferring it into a newly formed entity, TML Commercial Vehicles Limited.
Читать полностью…GHCL has secured a lease for 6,449 hectares of land in Zara Zumara, Kutch, specifically for salt production. This significant development will allow the company to meet the salt needs for its upcoming greenfield soda ash project in Kutch. Additionally, it will provide support for the planned expansion of bromine production once fully developed.
Читать полностью…Zomato Ltd
#Zomato net profit at Rs 253 crore, up 45% year-on-year.
IFGL Refactories has inaugurated a new manufacturing plant specializing in Magnesia Carbon, Alumina Magnesia Carbon, and Alumina SiC Carbon bricks. The facility represents a capital investment of approximately Rs 100 crore and is projected to generate an estimated revenue of Rs 70 crore.
Читать полностью…"We didn't want to put all our eggs in one basket," says #Maruti's RC Bhargava, explaining the company's cautious approach to the electric vehicle market.
Читать полностью…#TubeInvestments of India has formed a joint venture with Classic Legends Private Ltd. This JV company will focus on licensing the "BSA" trademarks, allowing CLPL to manufacture and sell motorcycles, along with parts and accessories, in the Indian market.
Читать полностью…🇨🇳China remains the world's manufacturing powerhouse.
🇮🇳India has made it to the top 5 with a manufacturing value added of $456 billion.
In the world of investing, patience is not just a virtue; it is a strategy that separates the great from the good.Читать полностью…
🚨Gujarat accounts for a significant 68% of the nation's solar rooftop installations.
Читать полностью…For MVP services and offers ping here @MVP_online 🥳
Читать полностью…#Shakti Pumps has received a Letter of Intent (LoI) for an order valued at ₹558.16 crore from the Uttar Pradesh Agriculture Department.
Читать полностью…#Nazara Technologies has formed a wholly-owned subsidiary in the United Kingdom, named "Nazara Technologies UK Limited."
Читать полностью…#INFOSYS: The Karnataka GST Department has withdrawn its pre-show cause notice. However, the company is required to submit a further response to the DGGI central authority.
Читать полностью…#TataMotors reported a 73.8% year-on-year surge in net profit for the first quarter of FY 2025, alongside a 6% increase in operating profit.
Читать полностью…🚨Adani Wilmar Announce Major Restructuring🔥🔥
Adani Enterprises is demerging its entire food FMCG business, which will be transferred and merged into Adani Wilmar as part of a significant restructuring move.
Key Details:
Equity Distribution and Ownership Shift: Adani Wilmar will issue equity shares to Adani Enterprises' shareholders, resulting in these shareholders gaining direct ownership in Adani Wilmar. This will effectively end the joint venture status of Adani Wilmar under Adani Enterprises.
Business Transfer: As part of the restructuring, Adani Enterprises will transfer its entire Food FMCG Business, including all related assets, liabilities, and strategic investments in Adani Commodities LLP, to Adani Wilmar.
The art of investing is not in avoiding losses but in learning from them and adapting with resilience.Читать полностью…
Tata Motors has joined the ranks of elite automakers, becoming the first Indian brand to achieve this milestone. #TataMotors
Читать полностью…#Dixon Technologies is set to begin manufacturing Google Pixel devices starting this September.
Читать полностью…Bharat Forge's subsidiary, Kalyani Strategic Systems, has secured a defense license to produce various defense products at its Jejuri facility in Maharashtra. #BharatForge
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