Intellect Design Arena has clinched a landmark contract with a top-tier South African bank to deploy its cutting-edge eMACH.ai Digital Engagement Platform. The implementation will span nine countries, marking a major stride in the bank’s digital transformation journey. This strategic partnership is set to revolutionize digital banking services, offering customers a more seamless and personalized […]
Coforge Ltd. made headlines this week as its shares initially appeared to plunge nearly 80% on trading apps, causing momentary panic among investors. However, the drop was purely technical, stemming from a 1:5 stock split that had not yet been reflected on some trading platforms. Once corrected, actual trading showed gains, with investor sentiment remaining […]
In a major development for India’s renewable energy sector, Servotech Power Systems Ltd has bagged a significant solar rooftop project order worth ₹33.6 crore from the Northeast Frontier Railway. The project involves setting up a 7.8 MW solar rooftop system, furthering the Indian Railways’ green energy mission. This large-scale order also includes a five-year comprehensive […]
MIC Electronics has bagged a fresh order worth ₹1.11 crore from East Central Railway for the supply of electronic coach indication boards and associated passenger amenities. In addition, the company has also received an order for emergency lighting units, further strengthening its position in the railway electronics segment. These orders reflect MIC Electronics’ growing footprint […]
India’s largest airline, IndiGo, has kicked off FY25 with impressive momentum, posting a robust net profit of ₹3,073 crore for the first quarter—a 62% year-on-year increase. The remarkable growth was fueled by strong passenger demand and favorable jet fuel pricing, boosting the airline’s bottom line. ✈️ Fleet Expansion: 30 More Airbus A350s Ordered In a […]
In a major regulatory update, the Securities and Exchange Board of India (SEBI) has extended the market ban on LS Industries, its promoter, and four other individuals. The decision comes as part of an ongoing investigation into serious allegations of fraudulent activities and stock price manipulation. 🔍 Investigation Timeline Extended Originally set to conclude earlier, […]
India’s telecom landscape continues to evolve, with Reliance Industries and Vodafone Idea showing contrasting trajectories in their latest updates. Reliance Jio Gains Momentum Reliance Industries is actively broadening its business horizons, with its telecom arm Jio adding 26.44 lakh new subscribers in April 2025, further solidifying its market leadership. This expansion reflects the company’s strong […]
Radico Khaitan Ltd., one of India’s leading liquor manufacturers, has announced the withdrawal of the ‘Trikal’ brand name from its upcoming single-malt whisky range. The move comes in response to objections raised by various religious and cultural groups who found the name inappropriate. The company stated that the decision was taken out of respect for […]
Today, LIC witnessed a strong rally following its Q4 results, with the stock gaining over 8% during intraday trade. It opened at ₹892, briefly dipped to an intraday low of ₹888, and then surged to a high of ₹948, reflecting renewed investor confidence and positive market sentiment. Life Insurance Corporation of India (LIC) delivered a […]
Hindustan Aeronautics Ltd (HAL) has been awarded Maharatna status by the Government of India—a prestigious recognition that highlights the company’s strategic importance and financial strength within the public sector. The announcement was further bolstered by government approval for a major indigenous defence project, a move that ignited investor enthusiasm and sent HAL’s stock climbing. The […]