CARE Ratings announces impressive Q2 FY25 results—Investors cheer interim dividend

CARE Ratings announces impressive Q2 FY25 results—Investors cheer interim dividend

CARE Ratings Limited, one of India’s premier credit rating agencies, has reported robust financial results for the quarter and half-year ending 30th September 2024. The company, which operates under the ticker codes NSE: CARE and BSE: 534804, revealed a 22% year-on-year increase in consolidated revenue from operations for Q2 FY25, reaching Rs. 117.37 crore. This […]

Abans Holdings shocks market with 57% revenue surge, reveals audacious global expansion plans

Abans Holdings shocks market with 57% revenue surge, reveals audacious global expansion plans

Abans Holdings Limited has reported a stunning 57% growth in revenue for Q1 of FY 2024-25, as the financial services giant sets its sights on international markets and ambitious global expansion initiatives. The company, which saw its earnings before interest and taxes (EBIT) soar to INR 21.75 crores, continues to strengthen its position in the […]

Blue Dart launches advanced logistics facility in GIFT City, Gujarat to boost express delivery services

Blue Dart launches advanced logistics facility in GIFT City, Gujarat to boost express delivery services

Blue Dart, recognized as South Asia’s leading express air and integrated transportation & distribution company, has announced a significant stride in its operational capabilities with the inauguration of a new facility in GIFT City, Gujarat. This strategic move is aimed at meeting the evolving demands of customers and aligning with India’s ambitious growth trajectory. The […]

Star Health Insurance expands global footprint with new international office in GIFT City

Star Health Insurance expands global footprint with new international office in GIFT City

Star Health and Allied Insurance Company Ltd. (Star Health Insurance), India’s leading retail health insurance firm, has today announced a significant milestone in its strategic expansion efforts. The company has received approval from the International Financial Services Centres Authority (IFSCA) to establish an IFSC International Office (IIO) at the Gujarat International Finance Tec-City (GIFT City). […]

Indian Renewable Energy Agency expands internationally with new subsidiary in IFSC, GIFT City

Indian Renewable Energy Agency expands internationally with new subsidiary in IFSC, GIFT City

In a significant development for India’s renewable energy sector, the Indian Renewable Energy Development Agency Ltd. (IREDA) has received the nod from the Reserve Bank of India (RBI) to establish a wholly-owned subsidiary in the International Financial Services Centre (IFSC) located in GIFT City, Gujarat. This approval, encapsulated in a No-Objection letter from the RBI, […]