RITCO News Today

CJ Darcl Logistics Files IPO Papers to Raise Capital

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The company plans to utilize the proceeds from the fresh issue, amounting to Rs 240 crore, for debt repayment, with an additional Rs 10 crore allocated for the purchase of electric vehicles.

• 29 September, 2023
• 2:19 PM
• less than a minute

Gensol Engineering's EV Arm Bags Rs 75 Crore Order for 500+ Tata Ace Cargo Electric Vehicles

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The order is from an all-electric logistics company, with an initial batch of over 20 EVs already leased

• 28 September, 2023
• 1:22 PM
• 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

REC join hands with Punjab National Bank to finance projects in various sectors

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TSC Bosh, Executive Director (Infra & Logistics), REC, and PNB Chief General Manager Rajeeva signed the MoU.

• 27 September, 2023
• 10:00 AM
• less than a minute

Delhivery Launches Velocity Startup Accelerator with Nexus Ventures and AWS for Logistics Innov...

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The inaugural edition, which commenced in August 2023, focuses on nurturing the next generation of entrepreneurs and innovators with industry-specific mentorship.

• 26 September, 2023
• 3:20 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

RVNL and NHAI Join Forces to Develop Multi-Modal Logistics Parks Under Bharatmala Pariyojana

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The goal is to enhance logistics efficiency for goods moving from ports, hinterland, and the country

• 22 September, 2023
• 1:57 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