In a significant move towards transforming the future of enterprise technology, MosChip Technologies announced the launch of its innovative digital solutions suite, MosChip DigitalSky. This powerful new platform is designed to help businesses modernize their operations and embrace intelligent, connected systems that integrate cutting-edge technologies such as IoT, Cloud, AI, GenAI, and data modernization. This […]
In a major step toward revolutionizing maize farming in India, Insecticides India Limited (IIL) has launched Torry Super, a post-emergence herbicide developed using the company’s proprietary SPF technology. Launched on October 5, 2024, this innovative herbicide promises faster, more effective weed control with visible results in just 3-5 days and lasting residual activity for up […]
SMS Pharmaceuticals Limited has officially received the coveted EDQM certification, a milestone that positions the Indian-based pharmaceutical giant to supply Ibuprofen to European markets. The European Directorate for the Quality of Medicines & HealthCare (EDQM) awarded this certification following a rigorous inspection of SMS Pharma’s Visakhapatnam facility. Conducted between February 28th and March 1st, 2024, […]
Ola Electric Mobility Limited has achieved another critical milestone in India’s fast-growing electric vehicle (EV) sector. The company recently announced that its affordable mass-market electric scooter, the S1 X 2 kWh, has received certification under the prestigious Production Linked Incentive (PLI) scheme for the automobile and auto components industry. This is a momentous achievement not […]
In a move set to transform the landscape of small business financing, Akme Fintrade (India) Limited has announced a strategic co-lending partnership with MAS Financial Services Limited. This collaboration aims to provide increased access to credit for the underserved Micro, Small, and Medium Enterprises (MSME) sector through a seamless, fully digital lending platform. The agreement […]
In a strategic move to bolster its capital base, State Bank of India, the country’s largest lender, has raised a substantial ₹7,500 crores through its second Basel III compliant Tier 2 bond issuance for the current financial year. This issuance marks a significant milestone, securing funds at a competitive coupon rate of 7.33% annually for […]
Tata Technologies Limited, a global leader in engineering and digital services, finds itself at a crossroads as Citi, a major international brokerage firm, has revised its target price for the company’s stock. Despite maintaining a ‘Sell’ rating, Citi has raised the target price from ₹935 to ₹945, reflecting marginally improved estimates for Tata Technologies’ performance […]
Shares of Coal India Limited (CIL), the state-owned coal mining company, fell by 4% on Wednesday, hitting a low of ₹500.70 on the Bombay Stock Exchange (BSE) after the company reported a significant drop in sales volume for August 2024. The decline follows a report that the company’s sales volumes for August totaled 52.1 million […]
BSE Investments Limited (BSEIL), a wholly-owned subsidiary of Indian stock exchange BSE, has acquired a stake of 5.88% in Open Network for Digital Commerce (ONDC) for an undisclosed price. Launched by the Indian government’s Department for Promotion of Industry and Internal Trade (DPIIT), ONDC aims to regulate digital monopolies and make the industry more inclusive […]
BSE Ebix Insurance Broking has signed an insurance broker agreement with Life Insurance Corporation (LIC) to distribute the latter’s products on its hi-tech platform. The joint venture of BSE and Ebix Singapore will offer life and health insurance products from LIC to its customers by tapping its omni-channel digital presence. BSE Ebix Insurance Broking said […]