Several major acquisitions have been announced, showcasing strategic expansions by Firstsource Solutions Limited (FSL), S Chand And Company Limited, and HT Media Limited. These deals reflect growth in AI development, publishing, and media sectors. Let’s dive into the details. Firstsource Solutions Acquires AccunAI India Services for ₹8.1 Crores Overview:Firstsource Solutions Limited (FSL) has finalized a…
Several major Indian companies have secured significant contracts in their respective industries. Here’s a detailed look at the latest order wins by Engineers India Limited (EIL), Ircon International Limited (IRCON), and Solar Industries India Limited. Engineers India Limited (EIL) Secures Rs. 54 Crore PMC Contract Project Overview:Engineers India Limited (EIL) has been awarded a project…
Mahindra BE6 Electric SUV – Price, Variants, Features & Booking Details The Mahindra BE6 electric SUV is available in five variants with prices ranging from ₹18.90 lakh to ₹26.90 lakh (ex-showroom). Bookings open on February 14, 2025, with deliveries beginning in mid-March 2025. Variant-wise Features Overview Pack One Exterior Dual-pod Auto LED headlights, 18-inch aero…
Hexaware Technologies, established in 1990, is a leading IT and business solutions provider. With a global presence spanning 28 countries, the company operates across 38 delivery centers and 16 offices in the Americas, Europe, and the APAC regions. It serves a diverse clientele, including 31 Fortune 500 companies, through six major industry verticals: Hexaware Technologies…
State Bank of India (SBI), the country’s largest public sector bank, has announced its Q3 FY2024 financial results, showcasing steady growth in total income and improved asset quality. The bank reported a net profit of ₹18,853 crore, reflecting a significant year-on-year increase, though slightly lower than the previous quarter. The earnings per share (EPS) stood…
Today 7 Feb 2025, the RBI governor address following the Monetary Policy Committee (MPC) meeting held on the 5th, 6th, and 7th of this month, the Governor of the Reserve Bank of India (RBI) outlined the committee’s resolution, policy rate adjustments, and key regulatory measures. The MPC’s decisions are important to businesses, economists, academicians, and…
Aurobindo Pharma Limited has recently undertaken two key transactions: the acquisition of Tergene Biotech Limited and an investment in Swarnaaskshu Solar Power Private Limited under a power purchase agreement. On February 6, 2025, the company’s Board of Directors approved both transactions in a meeting held from 4:30 p.m. to 6:45 p.m. Acquisition of Tergene Biotech…
This summary highlights recent acquisition activities by four companies based on their official disclosures. These acquisitions represent strategic moves to enter new markets, strengthen existing portfolios, or leverage synergies. The companies involved—Agro Tech Foods Limited (ATFL), ITC Limited, JK Lakshmi Cement Ltd., and Expleo Solutions Ltd.—have pursued acquisitions that differ in scope, industry, and strategic…
The Reserve Bank of India (RBI) is set to announce its monetary policy decision, with markets keenly watching for a potential rate cut. The new RBI Governor, Sanjay Malhotra, has taken charge, and expectations are high regarding his policy direction. Key Factors to Watch: Interest Rate Decision – Will RBI cut rates? If so, by…
MTAR Technologies Limited has received new orders totaling ₹200 crore across the clean energy and aerospace sectors. Order Breakdown: Bloom Energy Corporation: USD 18.12 million (₹157.38 crore) for regular business, to be executed by January 2026. Fluence Energy LLC: First-time order of USD 0.31 million (₹2.73 crore), to be completed by April 2025. GKN Aerospace…