In a significant development for India’s defense sector, Mazagon Dock Shipbuilders Limited (MDL) has been designated as the 18th Navratna company by the Government of India. This recognition marks a …
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What Are Navratna Companies and Which Are the 18 Navratna Companies?
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In the context of India’s public sector, “Navratna” is a term that signifies excellence, autonomy, and strategic importance. Derived from the Sanskrit word for “nine gems,” Navratna companies are among …
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Tata Sons to invest Rs 750 crore in constructing Ayodhya Ram temple museum
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The Union government has collaborated with Tata Sons to construct a ₹650 crore Ayodhya Ram temple museum. Tourism Minister Jaivir Singh elaborated on the decision, stating that the tourism department …
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Amara Raja signs licensing agreement with GIB EnergyX for Li-ion battery technology
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GIB EnergyX Chairman and Gotion HighTech Co Director, Steven Cai said the partnership with Amara Raja will greatly benefit Indian customers in their energy transition journey. Amara Raja, a prominent …
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Hitachi Energy shares rise by 5% following the acquisition of a new work order valued at Rs 790 crore
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Hitachi Energy plans to deliver its HVDC Light VSC stations for the project, with equipment from its Indian factory, over a four-year period. In a dynamic turn of events, Hitechi …
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Allied Blenders to Vraj Iron and Steel: 2 mainboard and 8 SME IPOs launching this week; Here’s what you need to know.
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Vraj Iron and Steel IPO: The IPO of Vraj Iron and Steel opens for subscription on Wednesday, June 26. The issue will remain open for three trading days, until Friday, …
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Morgan Stanley Acquires 0.55% Stake in Axis Bank: Strategic Move in Indian Banking Sector
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In a significant development in the Indian banking sector, global financial services firm Morgan Stanley has acquired a 0.55% stake in Axis Bank, one of India’s leading private sector banks. …
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Allied Blenders & Distillers Ltd IPO: Key Details and What to Expect
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In the ever-evolving landscape of the Indian stock market, one of the most anticipated Initial Public Offerings (IPOs) of 2024 is the Allied Blenders & Distillers Ltd (ABD) IPO. The …
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Ola Electric and Emcure Pharma Receive SEBI Approval for IPO
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In a significant development for the Indian financial markets, Ola Electric and Emcure Pharma have received approval from the Securities and Exchange Board of India (SEBI) to launch their Initial …
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Stanley Fashions IPO Opens Today: A New Opportunity for Investors
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Stanley Fashions, a prominent name in the apparel industry, is set to launch its Initial Public Offering (IPO) today. This move has generated considerable excitement among investors and industry analysts …