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Adani Green Energy Limited (AGEL), India’s largest renewable energy company, and TotalEnergies, have announced a strategic joint venture (JV), equally owned by both entities, aimed at managing a portfolio of solar projects totaling 1,150 MW. The projects are located at the world’s largest renewable energy plant in Khavda, Gujarat. AGEL will contribute its current assets […]
Adani Ports and Special Economic Zone (APSEZ) on Friday announced that it has entered into a definitive agreement to acquire 80% stake in Astro in an all-cash deal for $185 million, implying an EV of $235 million and EV/FY25E EBITDA at 4.4x. APSEZ is India’s largest ports and logistics company and a part of the […]
Raymond Lifestyle is planning to open 650 new exclusive brand outlets over the next two years, taking the total number of stores in its distribution network to 2,000. Of these, 300 stores will be for the Ethnix brand of men’s wedding wear, launched 18 months ago. Addressing a news conference in Ahmedabad on Thursday, Raymond […]
Reliance Industries Ltd (RIL) on Thursday announced plans to discuss a 1:1 bonus share at its board meeting scheduled for September 5. Aiming to reward shareholders, the proposal is made in the midst of robust financial results and ongoing industry expansion. Addressing shareholders during the 47th Annual General Meeting (AGM), Reliance Industries Chairman Mukesh Ambani […]
TVS Motor Company has launched an improved version of its Jupiter 110 scooter, with a host of new features that include dual helmet under-seat storage, front fuel filling and an infinity light bar. These features have so far been available in the company’s 125 cc range of scooters, but this is the first time they […]
Adani Group firm APSEZ on Wednesday announced that it will invest a total of Rs 3,500 crore to establish a propellant production facility at Shivpuri in Madhya Pradesh and a cement grinding unit with a capacity of two million tonnes in Guna. Adani Ports and Special Economic Zone Ltd. (APSEZ) MD Karan Adani made the […]
Industrialist Anil Ambani and 24 other entities, including former senior officials of Reliance Home Finance, have been barred from the securities market for five years by the markets regulator the Securities and Exchange Board of India (Sebi) for diverting funds from the company. Ambani has been fined Rs 25 crore by Sebi and is banned […]
While trading, technical analysis plays a critical role in making informed decisions. There are multiple tools to conduct technical analysis, and one of the most effective is Candlestick Pattern. Candlestick patterns allow traders to understand the market behavior and make better trades. In this blog, we’ll delve deep into discussing how candlestick patterns can be […]
Adani Group, one of India’s leading infrastructure conglomerates, on Monday announced the release of the Adani Portfolio’s latest Results and Credit Compendium. The Results Compendium provides a comprehensive overview of the financial performance of Adani Portfolio and the Credit Compendium offers in-depth insights into the portfolio’s robust credit strength. The strong performance for the quarter […]
Adani Group on Sunday refuted the latest accusations by US-based Short Seller Hindenburg Research, which allege to establish a direct link between Sebi Chairperson Madhabi Puri Buch, her husband Dhaval and some offshore entities related to the Adani financial transactions case. Dismissing these allegations as “malicious, mischievous, and manipulative,” the Adani Group has accused Hindenburg […]
I recall the first morning I loaded a small arcade app on my phone just to fill the tram ride. A bright cartoon hen appeared, sprinting across lanes packed with trucks and taxis, and a timer urged me to tap quickly. Within seconds my thumbs learned the rhythm, and coins clinked on the screen when […]
Reliance Jewels on Wednesday announced the launch of its newest collection, Aabhar, marking a milestone of 17 years in the business. The curated jewellery collection of this year’s Aabhar includes a special collection of earrings created as a heartfelt tribute to customers, whose constant support and loyalty have been an integral part of the brand’s […]
JioFinance has taken an important move towards its global expansion by enabling payments in Paris. This is the first overseas market expansion for the company as the JioFinance app is now available for transactions at certain tourist sites in the capital city of France. JioFinance will enable payments for tickets to renowned attractions like the […]
Adani Power Ltd. (APL) on Wednesday announced its financial results for the first quarter ended June 30, 2024. On the financial results, CEO of Adani Power Limited, S B Khyalia said, “As Adani Power grows from strength to strength, we have undertaken advanced development activities to secure execution pipelines for three ultra-supercritical projects of 1,600 […]
India’s leading City Gas Distribution (CGD) company Adani Total Gas Ltd (ATGL) on Monday announced its operational and financial performance for the quarter ended on June 30. “It has been a good start for FY25 as ATGL delivered a robust operational and financial performance by achieving a 21% YoY EBITDA growth on the back of […]
Semiconductor company MediaTek and Jio Platforms subsidiary JioThings have jointly unveiled an indigenously made Internet of Things platform for the two-wheeler EV industry. According to the statement, the platform’s purpose is to increase MediaTek and Jio Things’ worldwide footprint in the two-wheeler industry by offering Smart Digital Cluster and Smart Module that are specifically designed […]
Adani Green Energy Ltd. (AGEL) on Thursday released its financial results for the quarter that ended on June 30, 2024, showing notable growth and exceptional operational performance. On the financial results, AGEL CEO Amit Singh said, “We are working relentlessly towards the development of world’s largest single-location renewable energy plant of 30 GW at Khavda […]
A delegation from the Gem & Jewellery Export Promotion Council (GJEPC), led by Chairman Vipul Shah, met the key members from the Kashmir Chamber of Commerce & Industry (KCCI) and All Kashmir Gold Dealer Association as well as local gem and jewellery trade members. Also, in attendance from GJEPC were Kirit Bhansali, Vice Chairman, Nirav […]
Reliance Industries on Friday disclosed a 4 per cent year-on-year (YoY) decline in the June quarter’s (Q1 FY25) consolidated net profit, even as its revenue moved up 11.5 per cent YoY. Strong contributions from the consumer and upstream sectors have helped the company’s consolidated EBITDA for the reviewed quarter rise, more than compensating for the […]
After a dream run for the last two years, salary hikes in IT companies in the country are falling to single-digit percentages. For many IT professionals, excluding a select club of top performers and those with niche skills, salary increases have moderated in the range of 5% to 9% in financial year 2023-24. Three of […]
