Rajasthan Chief Minister Ashok Gehlot has approved the customized packages for seven projects to encourage investment of Rs 24,681 crore in the state. The proposals approved in the fifth meeting of the Board of Investment will create employment opportunities for more than 10,000 people, a release said. Gehlot addressed the meeting at his residence on [...]
Financial services provider Religare Enterprises Limited (REL) offers a variety of products. The company's main areas of concentration include loans, health insurance, and retail broking. The Burman Family on Wednesday acquired a 7.5 per cent stake in diversified financial services group Religare Enterprises for Rs 534 crore through open market transactions. Following the stake purchase, [...]
IndiGo is one of the world's fastest-growing airlines and the largest and most popular passenger airline in India. The Directorate General of Civil Aviation (DGCA) has approved flights of IndiGo to Tashkent, Uzbekistan. On Wednesday, the airline announced that it would start services to Tashkent on September 22. A senior official on Thursday said the [...]
Housing loan finance company Repco Home Finance expects to manage assets under management (AUM) of around Rs 14,000 crore by the current financial year, a top official said. The Tamil Nadu-based company was managing an AUM of around Rs 12,400 crore at the beginning of the year, Managing Director and CEO K Swaminathan said. "As [...]
In Thursday's early trade, The shares of the real estate property developer locked around a 20 percent upper circuit after the company revealed strong June quarter financial results. Crane Infrastructure Ltd shares touched the upper circuit at Rs 20.01 a share, up Rs 3.33 on the Exchange, and the company has a market capitalization of [...]
Glenmark Pharmaceuticals Ltd. is an integrated, research–led, global pharmaceutical company, with a presence across Branded, Generics, and OTC segments; with a focus on therapeutic areas of respiratory, dermatology and oncology. The company has 10 world-class manufacturing facilities spread across 4 continents, and operations in over 80 countries. In Vivo/Scrip 100 positions Glenmark amongst the Top [...]
India's top provider of wind energy solutions is Inox Wind, which caters to IPPs, utilities, PSUs, corporations, and retail investors. With three cutting-edge production facilities in Gujarat, Himachal Pradesh, and Madhya Pradesh with a combined manufacturing capacity of 1,600 MW, Inox Wind is a fully integrated player in the wind energy market. Wind energy solutions [...]
Mukesh Ambani is the chairman and managing director of Reliance Industries and an Indian billionaire businessman. Reliance Industries' stock market position is undoubtedly dominating. In addition, the organizations have continually delivered strong outcomes and stable performance for investors throughout the years. Here are three such Mukesh Ambani stocks under Rs 50 TV18 Broadcast Ltd On [...]
A stock is said to be an “undervalued” one when the basic valuation ratios, viz, the price-to-earnings ratio (P/E) and price-to-book value ratio (P/BV) are lesser than the industry average. Listed below is one such undervalued fundamentally strong stock that gets a buy call with a potential upside of more than 25 percent: City Union [...]
The share prices of defense-related companies have been rising sharply for three days now. Compared to Monday, share prices of major defense companies are on the rise as they continue releasing their quarterly results. A majority of these stocks saw a spike in their prices today. Here are two stocks that gained up to 18% [...]