Participatory notes (P-notes) are issued by registered Foreign Portfolio Investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process. According to SEBI data, the value of P-note investments in Indian markets -- equity, debt, and hybrid [...]
Providing warehousing, distribution, and other value-added services all throughout the nation, the snowman is India's top integrated temperature-controlled logistics service provider. With the help of integrated distribution strategies and the company's cutting-edge temperature-controlled warehousing facilities in prime locations like Mumbai, Chennai, and Bengaluru, the business is able to guarantee the product quality and temperature integrity [...]
Incorporated in 2015, BigBloc Construction Ltd is one of the largest and only listed company in the AAC Block Space with an installed capacity of 8.25 lakh cbm per annum. Green and non-toxic building construction material, AAC blocks are economical, lightweight, soundproof, fire resistant with superior build quality and saves energy, eco-friendly and economical too [...]
Shares of a small-cap multibagger stock appreciated to the tune of 10 percent to reach an all-time high of ₹ 114.05 apiece on the National Stock Exchange (NSE) after the company announced a bonus issue and a stock split. Sarveshwar Foods informed the bourses that it has announced a 1:10 stock split. Therefore, one share [...]
A Data Tech Lending platform called UGRO Capital Limited leverages its broad distribution network and Data-tech approach to close the credit gap for small businesses in India. Regardless of what their particular needs are, MSMEs can benefit greatly from the term loan programs offered by UGRO Capital. It has worked with major OEMs to give [...]
Sewage solution provider EMS Limited is in the business of providing sewerage solutions, water supply systems, water and waste treatment plants, and water supply scheme projects for government authorities, among others. EMS on Wednesday, said it currently has an order book of nearly Rs 1,500 crore and will focus on securing more government contracts that [...]
The Karnataka government on Wednesday said it has signed a Letter of Intent (LoI) with Foxconn, a major iPhone assembler for tech giant Apple, to undertake two marquee projects in the state with an estimated investment worth Rs 5,000 crore. The projects would create employment opportunities for 13,000 people in the state, it said. The [...]
With tailwinds of strong operational performance and favorable market conditions, InterGlobe Aviation on Wednesday reported a record profit after tax of Rs 3,090.6 crore in the three months ended June. The parent of the country's largest airline also reported its highest-ever quarterly total income of Rs 17,160.9 crore in the first quarter of the current [...]
Strides Pharma Science on Wednesday reported a narrowing of consolidated net loss at Rs 9.36 crore for the first quarter ended June 30, 2023. The company had posted a net loss of Rs 135.33 crore for the year-ago period, Strides Pharma Science said in a regulatory filing. Revenue from operations in the period under review [...]
Shares of a pharmaceutical company dropped 7.5 percent lower to reach an intraday low of ₹ 443.85 apiece after it announced the merger of a subsidiary with itself. The company’s shares settled at ₹ 446.25 apiece on the National Stock Exchange (NSE). The Board of Directors of Strides Pharma Science have approved the scheme of [...]
