Synopsis: Sasken Technologies secured a favorable ITAT ruling removing key tax disallowances, reducing contingent liabilities by Rs. 5.08 crore while improving balance sheet visibility and lowering future international tax compliance risk. Indian IT and engineering...
Synopsis: A leading Indian IT services player has bagged a mega multi-year deal worth over a billion dollars from a European Fortune Global 50 client while simultaneously closing a strategic software acquisition. Together, these developments strengthen the...
Synopsis: Power equipment stocks fell up to 10 percent after reports that the government eased procurement rules for select Chinese-linked manufacturers. Here’s a look at the key reasons behind the sharp decline and what it could mean for the sector. Power...
Synopsis: Adani Enterprises has partnered with IRH to set up a massive integrated aluminium project in Odisha, aiming to strengthen manufacturing, create large-scale employment and expand India’s role in global aluminium production. The shares of this large cap...
Synopsis: Shares of this small-cap stock hit the 10% upper circuit after its subsidiary secured a Rs. 1,437.17 crore five-year operations and maintenance (O&M) contract from Vedanta Aluminium, boosting investor sentiment and strengthening the company’s...
SYNOPSIS: Lenskart Solutions shares rose 3% after it approved a joint venture with Mingfeng Glassesworld Limited to manufacture metal spectacle frames in India, aiming to strengthen production, improve supply chain efficiency, and reduce imports. It also approved the...
Synopsis: The commissioning of a 240.720 MWh battery energy storage project in Jaisalmer has pushed a renewable energy independent power producer’s storage subsidiary past the 285 MW mark, continuing a rapid capacity build-out that has been funded by a sharp...
Synopsis: Investors searching for possible opportunities should keep an eye on the shares of these six businesses, which are currently trading up to 56 percent below their 52-week highs. Investors frequently get the chance to review companies that have experienced a...
Synopsis: 3i Infotech renewed its long-standing IT services contract with SBI General Insurance worth nearly Rs. 5.18 crore annually, strengthening recurring BFSI revenue visibility and highlighting the company’s focus on stable annuity-driven enterprise business...
Synopsis: Texmaco Rail & Engineering Limited has secured a Rs. 26.56 crore signalling and telecommunication contract from South Central Railway covering Automatic Block Signalling and Kavach systems. The order strengthens the company’s railway infrastructure...
