Mumbai Indian Hotel Company on Thursday said its homestay offering, ama Stays & Trails, has added over 200 bungalows to the portfolio in over 15 states."In line with IHCL's strategy of achieving scale and being the most premium offering in the segments in which we operate, our luxury homestay...
Chennai, Two-wheeler and three-wheeler maker TVS Motor Company on Wednesday expanded its product portfolio by launching its popular motorcycle TVS Apache 2024 RTR 160 Racing Edition at Rs 1.28 lakh (ex-showroom Delhi).Equipped with a host of features, the motorcycle comes with an exclusive...
New Delhi, Welspun One has raised Rs 2,275 crore from investors for its second fund and would use the capital to develop warehousing properties.Welspun One, an integrated fund and development management platform, on Monday announced the successful close of its second fund totaling Rs 2,275...
In Mumbai, Sebi Chairman Madhabi Puri Buch on Thursday urged market participants to report shenanigans in the capital markets.The banker-turned-regulator made it clear that such reporting on those engaging in illicit conduct is in the "self-interest" of the market participant.The regulator's...
New Delhi, Vedanta Group company Hindustan Zinc on Wednesday said it is committed to partnering with the country's auto companies to "unlock zinc potential" and enhance India's mobility.The use of zinc in the automotive sector, through galvanized steel, provides significant fuel and emissions...
New Delhi, new energy transition platform Jakson Green said on Wednesday it had signed a pact with state-run NHPC for the supply of 400 MW of solar power.Jakson Green has signed its first power purchase agreement (PPA) with NHPC Ltd, according to a company statement.This agreement marks an...
New Delhi: Foreign portfolio investor Russell Capital VCC has settled the case related to alleged violations of FPI rules with capital markets regulator Sebi after paying Rs 1.23 crore as settlement charges.The order came after Russell Capital proposed to settle the expedited proceedings...
For the last few days, frontline indices like Sensex and Nifty have been making new all-time highs almost every day. On Tuesday, Sensex and Nifty made new all-time highs of 79,855 and 24,236 respectively.Experts said that large foreign portfolio investment (FPI) purchases and the possibility...
New Delhi [India], The board of directors of Patanjali Foods Limited on Monday said it has approved Patanjali Ayurved Limited's proposal to acquire its home and personal care (HPC) business.In his opinion, this will accelerate the company's transition into a leading consumer goods company...
According to the government's VAHAN portal, the company recorded 36,716 registrations during the month.It recorded a growth of 57 per cent in the first quarter (Q1) of FY25 compared to Q1 FY24 and saw over 1.08 lakh registrations in the quarter ending June 2024.“Our steady market leadership...
New Delhi: Capital markets regulator Sebi on Friday proposed mandatory disclosure of 'risk-adjusted return' along with the return of a mutual fund scheme to help investors make informed investment decisions.The risk-adjusted return (RAR) of a portfolio of schemes represents a more holistic...
New Delhi, Diversified conglomerate ITC has said consumer spending on the company's FMCG products rose 12 per cent to nearly Rs 32.5 billion in FY24 and over 25 million households had access to its various brands.The ITC measures annual consumer spending as the sum total of what the consumer...
New Delhi, To boost participation of small investors in the stock market, Sebi on Friday increased the threshold for basic facility demat account to Rs 10 lakh from the current Rs 2 lakh.The new guidelines will come into effect from September 1, the Securities and Exchange Board of India...
VMPLNew Delhi [India], June 28: In the bustling city of Hyderabad, where the skyline is a testament to rapid growth and architectural wonders, one name stands out in the space of residential construction: Sudhaary Constructions. This esteemed company has carved a niche for itself by seamlessly...
New Delhi, Portfolio management firm Emkay Investment Managers Ltd (EIML) on Thursday announced the launch of an alternative investment fund, Emkay Capital Builder Fund, through which it aims to mobilize Rs 500 crore in the next 6-8 months .The open-ended Category III Alternative Investment...
Gurugram (Haryana) [India], Smartworks has successfully raised Rs 168 crore (US$20.24 million) in its latest funding round this year.According to a press release, the investment comes from a consortium of investors that includes Keppel Ltd., Ananta Capital Ventures Fund I, Plutus Capital...
Hyderabad, Dr Reddy's Laboratories Ltd on Wednesday said it has signed a definitive agreement with Haleon plc, a leading consumer healthcare company, for the purchase of shares in its group company Northstar Switzerland SARL, to acquire a global portfolio of brands consumer health care services...
The company said this portfolio includes brands like Nicotinell, Nicabet, Habitrol and Thrive which are available in gum, lozenge and patch forms in more than 30 markets.Brian McNamara, CEO of Halon, said, "The divestiture of Halon's NRT business outside the US is another example of Halon...
In Ahmedabad, the Adani group plans to invest around Rs 1.3 lakh crore in all its portfolio companies this fiscal, while doubling its investment guidance of $100 billion over the next 7-10 years to make grow business, the group's chief financial officer said on Tuesday.Investment in portfolio...
New Delhi [India], Foreign Portfolio Investment (FPI) in the Indian stock market turned positive in June with net investment of Rs 12,170 crore, according to NSDL data.The data highlights that as of June 21, the FPIs had injected this amount into the stock market for the month. However...