Indian Stock News Channel

19 Dec 2024 08:37

NTPC GREEN : ONGC-NTPC Green JV Seeks Offshore Wind Projects On Nomination - NDTV PROFIT

ONGC-NTPC Green wants government to allocate Viability Gap Funded offshore wind projects on nomination basis

Says VGF at Rs 6,853 crore for 1000 MW not sufficient

Indian Stock News Channel

19 Dec 2024 08:37

Sanathan Textiles says

1️⃣Proceeds from IPO to be used for debt repayment & working capital needs
2️⃣Peak Debt will be ₹1100cr & Peak Revneue potential approx ₹7000cr
3️⃣ Margin band expected around 10.5% - 11%

Indian Stock News Channel

19 Dec 2024 08:23

SELLWIN ; Secorbit FZCO and Sellwin Traders Ltd signed an MoU to develop a tokenization platform for equities, bonds, and real-world assets within 20 months.

Indian Stock News Channel

19 Dec 2024 08:23

ADANI ENERGY; Company has incorporated a wholly owned subsidiary company in the name of “Adani Energy Solutions Step-Ten Limited”

Incorporated by Adani Energy
Solutions Limited, for transmission, distribution and supply of power and other infrastructure services relating thereto.

Indian Stock News Channel

19 Dec 2024 08:20

Sanathan Textiles says

1️⃣Proceeds from IPO to be used for debt repayment & working capital needs
2️⃣Peak Debt will be ₹1100cr & Peak Revneue potential approx ₹7000cr
3️⃣ Margin band expected around 10.5% - 11%

Indian Stock News Channel

19 Dec 2024 08:07

EXIDE IND ; Exide selects Honeywell to automation at Lithium-lon Gigafactory in India

Indian Stock News Channel

19 Dec 2024 08:07

SAMVARDHANA MOTHERSON, TATA MOTORS, GNA AXLE , BHARAT FORGE

Indian Stock News Channel

19 Dec 2024 08:07

RAMCO SYSTEM.: Prism Johnson Limited, Cement Business Division Goes Live with Ramco ERP

This milestone marks a significant step in Prism Johnson’s digital transformation journey, leveraging Ramco Systems' advanced enterprise solutions and process control systems to streamline business processes, manufacturing operations and drive efficiency.

Indian Stock News Channel

19 Dec 2024 07:48

STOVEKRAFT ; Stove Kraft Limited has been chosen by IKEA (Global Retail Chain) as supply partner.

As part of this partnership, the Company will develop a range of cookware to be sold through IKEA’s global network of stores from 2026.

The manufacturing facility for this partnership is being housed in a built up area of 180,000 sq ft at its Harohalli campus.

The development aligns with the Company’s strategic objective of expanding its global footprint and strengthening its presence in international markets.

The partnership with IKEA will also bring in global best practices in manufacturing and supply chain processes.

Indian Stock News Channel

19 Dec 2024 07:42

AsianPaints appoints Ashish Rae as Associate Vice President- Retail Sales, Marketing & Commercial w.e.f January 2, 2025

Alert: Ashish Rae is currently Associate Vice President - Project Sales

Gagandeep Kalsi, Associate Vice President - Strategy, Business Development will also handle Decor & Services w.e.f December 23, 2024

Indian Stock News Channel

19 Dec 2024 07:37

AsianPaints appoints Ashish Rae as Associate Vice President- Retail Sales, Marketing & Commercial w.e.f January 2, 2025

Alert: Ashish Rae is currently Associate Vice President - Project Sales

Gagandeep Kalsi, Associate Vice President - Strategy, Business Development will also handle Decor & Services w.e.f December 23, 2024

Indian Stock News Channel

19 Dec 2024 07:35

Exide selects Honeywell to automation at Lithium-Ion Gigafactory in India

Indian Stock News Channel

19 Dec 2024 07:32

Philip Capital On Impact Of Potential Karnataka Mining Tax Bill

Passing of bill direct negative for miners like NMDC, Vedanta

Passing of bill problematic for steel players like JSW Steel

Vedanta and NMDC to get hit by 45% and 22.5% additional tax

Indian Stock News Channel

19 Dec 2024 07:23

VEEFIN ; Veefin Group raises INR 136cr (~$11.5 million USD) for product development and acquisitions; aims to raise a further INR 155cr (~$13 million USD) by Jan 2025

This investment will fuel Veefin Group's rapid global expansion and solidify its position as the leading global working capital technology platform.

Indian Stock News Channel

19 Dec 2024 07:17

POWER STOCKS ; Govt is likely to announce a 'Make In India' transmission infrastructure programme in the upcoming Budget, as per sources - ETNOW

Sources Says Power Ministry Proposed 1,200 kV Indigenous Transmission Line - ETNOW

Financial Support For 1,200 kV High-Voltage Alternating Current Lines

India Currently Operates 765 kV AC Transmission Lines

Indian Stock News Channel

19 Dec 2024 08:37

CLSA on Oil & Gas

Opec's discipline will be key in protecting the price floor for crude oil

OMCs' integrated diesel and petrol margins suggest a bumper Q3 for IOC/BP/HP, which may be partially offset by rising LPG losses

Continue to prefer ONGC, as it is pricing in sub- $60/bbl of crude realisation with important triggers that can play out in the next 6-9 months

Indian Stock News Channel

19 Dec 2024 08:29

The project cost is $3M, paid by Secorbit to Sellwin Traders Ltd as follows 👇

20% ($600K) after Phase 1 (Research).

30% ($900K) after Phase 2 (Design).

30% ($900K) after Phase 3 (Development).

10% ($300K) after Phase 4 (Testing).

10% ($300K) after Phase 5 (Launch).

Indian Stock News Channel

19 Dec 2024 08:23

ZYDUS LIFE ; Zydus receives final approval from USFDA for Lidocaine and Prilocaine Cream USP, 2.5%/2.5%

Lidocaine and Prilocaine cream had annual sales of USD 22.05 mn in the United States (IQVIA MAT October 2024)

Indian Stock News Channel

19 Dec 2024 08:21

NTPC Green’s second part capacity of 30 MW out of 150 MW Guj Solar PV proj is commercially operational

Indian Stock News Channel

19 Dec 2024 08:07

SUBAM PAPER ; Company will convert a ₹51 crore loan to its subsidiary, Subam Paper and Boards, into equity shares to boost its net worth.
Copied from stockaajorkal telegram channel
The company plans to form LLPs for manufacturing and trading packaging products, acting as a partner.

Indian Stock News Channel

19 Dec 2024 08:07

PRIMA ; Subsidiary Company, Prima Union Plasticos S.A. located at Guatemala, has declared the dividend.

The amount of Quetzal 34,64,973/- equivalent to USD 450,000/ ( 3.82 Cr)- is receivable (Gross) by Prima Plastics Limited having owned 90 percent share in the Subsidiary.

Indian Stock News Channel

19 Dec 2024 08:07

Europe Car Sales Dip as Automakers Battle Consumer Slowdown - Bloomberg

France, Italy lead decline in registrations, lobby group says

Demand for fully electric cars improved slightly in November

Indian Stock News Channel

19 Dec 2024 07:50

ZydusLife receives USFDA final approval for Lidocaine & Prilocaine Cream

Alert | Lidocaine & Prilocaine topical cream is used on the skin or in the genital area to cause numbness or loss of feeling before certain medical procedures

Indian Stock News Channel

19 Dec 2024 07:43

SPICEJET: Co. Settles over $16 Million dispute with Genesis

Genesis to acquire equity stake in SpiceJet at a price of Rs 100 per share as part of the settlement

Indian Stock News Channel

19 Dec 2024 07:37

BIG NEGATIVE FOR VEDANTA

NUVAMA SAYS
Karnataka government has proposed a bill to levy tax on various minerals including iron ore.
If the bill is passed, it will hurt both miners/consumers

*The bill shall affect Vedanta and NMDC the most in Karnataka mines*

Indian Stock News Channel

19 Dec 2024 07:36

SpiceJet & #Genesis settle over $16 million dispute

As per management, co will pay Genesis $6 m & Genesis will acquire stake worth $4 m

Genesis will acquire stake worth $4 m in co at ₹100/sh

Indian Stock News Channel

19 Dec 2024 07:34

Stove Kraft has been chosen by IKEA as supply partner, to develop cookware to be sold through IKEA’S network

Indian Stock News Channel

19 Dec 2024 07:28

UFO MOVIEZ ;The cinema industry faced challenges during COVID, leading to extensions for some retiring employees. With business now stable, the company is restructuring, superannuating senior personnel per policy, and transitioning them to advisory roles temporarily for smoother operations

Siddharth Bhardwaj elevated to CEO – Digital Cinema.

Pradeep Shetty promoted to Deputy CEO – Digital Cinema.

Kaushik Mamania named Chief Information Officer.

Nitin Nohani appointed Chief Technical Officer.

Indian Stock News Channel

19 Dec 2024 07:22

TATA CONSUMER; Reports Of Starbucks Looking To Exit India Completely False And Baseless - CNBCTV18

Indian Stock News Channel

19 Dec 2024 07:14

JSW INFRA : JSW Infrastructure Sets Ambitious Target to Become India’s Leading Integrated Ports and Logistics Player

aims to expand its cargo-handling capacity to 400 MTPA by FY30

capex estimated around Rs 30,000 crores over FY25-30

share of third-party cargo increased from 5% in FY19 to 48% in 1HFY25

Strong balance sheet with zero net debt as of Sep 30, 2024