Blackbuck , Founded in 2015 and headquartered in Bengaluru, Blackbuck is a prominent platform that connects truckers and shippers, offering solutions to streamline their operations. The company has a robust management team and a significant client base. Although it has reported financial losses in recent years, Blackbuck’s revenue has experienced substantial growth. The company plans…
On November 14, 2024, Reliance Industries Limited and Disney finalized their joint venture, Star India Private Limited (SIPL), merging two major forces in India’s entertainment landscape. Here’s a closer look at the key financial transactions and the resulting ownership dynamics: Reliance’s Strategic Moves Sale of FSDL Stake Reliance sold its 65% stake in Football Sports…
EID Parry India Limited (EID Parry) has announced its financial results for the second quarter of the fiscal year 2024 (Q2 FY24), ending September 30, 2024. The company reported mixed results, with revenue growth but a decline in profitability. Key Highlights: Revenue: Total revenue for the quarter stood at ₹9,330 crores, a 38% increase compared…
Hindustan Aeronautics Limited (HAL) has reported strong financial results for the second quarter of fiscal year 2024. The company achieved impressive revenue and profit growth compared to both the previous quarter and the same period last year. HAL Q2 2024 Financial Results Overview Particulars Sep 2024 Jun 2024 Sep 2023 Sales (in Crores) ₹ 5,976…
The National Stock Exchange of India (NSE) will expand its offering by introducing futures and options contracts on 45 additional securities, starting from November 29, 2024. This decision follows the stock selection guidelines set by the Securities and Exchange Board of India (SEBI). List of Newly Added Securities The selected securities span multiple sectors, providing…
Happy Forgings Limited has secured a major order from a North American client to supply precision-engineered, machined components for power generation applications. This long-term contract spans a minimum of five years, with potential extensions. Supply is set to begin in Q2 of fiscal year 2026 (FY26) and continue through FY31. At full supply volume, the…
Deepak Nitrite Limited is a diversified producer of chemical intermediates for industries such as colorants, life sciences, plastics, and construction chemicals. It operates responsibly certified facilities across India and is a member of the Together for Sustainability initiative. Deepak Chem Tech Limited (DCTL), a wholly-owned subsidiary of Deepak Nitrite Limited, has entered into definitive agreements…
Agro Tech Foods Limited’s Board of Directors has approved the acquisition of Del Monte Foods Private Limited (DMFPL) by acquiring 100% of DMFPL’s issued and outstanding equity shares. The transaction will be completed through a preferential allotment of Agro Tech Foods Limited equity shares to DMFPL’s current shareholders. About Del Monte Foods Private Limited (DMFPL)…
IPCALAB, a major Indian pharmaceutical company, has announced its financial results for the second quarter of the 2024 fiscal year, ending September 2024. The results reveal substantial year-over-year growth in sales and a solid profit margin, underscoring IPCALAB’s strong performance in the Indian market. Below is a comparison of IPCALAB’s Q2 2024 results with the…
TECHNOE, a prominent Indian company, has released its financial results for the quarter ending September 2024 (Q2 FY2024). The company recorded impressive growth in sales and operating profit margins, reinforcing its market position in India. Below is a comparison of TECHNOE’s Q2 2024 results against the previous quarter, Q1 2024, and the same quarter last…