DAAWAT News Today

The “Mega” order win sent Larsen & Toubro; shares trading a record high

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Although L&T withheld the precise amount of the order win, it classifies an order as "mega" when its worth exceeds Rs 7,000 crore.

• 29 September, 2023
• 11:29 AM
• less than a minute

Aditya Birla Fashion completes purchase of 51% stake in TCNS Clothing, becomes promoter

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A 51% stake in TCNS Clothing has been acquired by Aditya Birla Fashion Retail Ltd (ABFRL), making it a promoter of the women's clothing company.

• 27 September, 2023
• 2:36 PM
• less than a minute

Zen Technologies Ltd. Bags order worth Rs 227.65 crores

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A full maintenance contract with a post-warranty cost of Rs 43.22 crore, including GST, is included in the contract.

• 26 September, 2023
• 12:41 PM
• less than a minute

Coforge and Newgen Join Forces for Innovative Insurance Solutions

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The collaboration aims to bring agility, customer-centricity, and operational efficiency to the insurance sector, focusing on Life and Annuity (L&A) and Property & Casualty (P&C) insurers

• 25 September, 2023
• 1:10 PM
• less than a minute

Nirma will launch an open offer to purchase a 75% interest in Glenmark Life Sciences for Rs 5,6...

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Nirma Ltd. will conduct a required open offer to all public shareholders of GLS in accordance with SEBI regulations.

• 22 September, 2023
• 11:30 AM
• less than a minute

Adani Group forms JV for redevelopment of Mumbai’s Dharavi slum

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Adani Group verified the formation of the entity, Dharavi Redevelopment Project Pvt Ltd, without going into further detail.

• 22 September, 2023
• 11:22 AM
• less than a minute

The government obtains substantial dividends from BHEL and Coal India Ltd

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The Government has received about Rs 1556 crore and Rs 88 crore as dividend tranches from Coal India Ltd. and BHEL, respectively.

• 21 September, 2023
• 2:07 PM
• less than a minute

Vedanta Ltd Shares Hit 14-Month Low Ahead of Key Board Meeting

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The board will discuss issuing private non-convertible debentures (NCDs) as part of their routine refinancing

• 21 September, 2023
• 1:44 PM
• less than a minute

L&T Tech Services: Long runway for accelerated growth

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In revenues, LTTS has crossed USD1bn and aspires to reach USD1.5bn revenue run rate by FY25.

• 21 September, 2023
• 10:33 AM
• less than a minute

GE T&D India: Turning around at the right time

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Leadership in EHV transmission products and grid stability solutions with a strong boutique of next-gen technologies place GETD in a sweet spot.

• 20 September, 2023
• 11:46 AM
• less than a minute