News Overview

Mukunda is a food robotics company that designs and manufactures small robotic equipment to automate food preparation for restaurants.

The cost of acquisition is Rs11.25 crore (approximately) excluding charges & taxes.

Group sales amounted to EUR 7.557 billion in 2021, up 23.8 percent on the previous year’s figure of EUR 6.104 billion.

Here is the stock market performance at 1:30 PM today.

The benchmark indices traded in a range during afternoon trade, buoyed by consumer durables and banks stocks. All the sectoral indices on the NSE were in the green. The Nifty hovered a tad below 16,900 level. At 13:30 IST, the barometer index, the S&P BSE Sensex, rose 743.40 points or 1.33% at 56,520.25. The Nifty 50 index gained 221.70 points or 1.33% at 16,884.70. Infosys […]

Torrent Power has entered into a Share Purchase Agreement (SPA) and Shareholders Agreement (SHA) with Honble Administrator of the Union Territory of Dadra and Nagar Haveli and Daman and Diu (Holding Entity) and Dadra and Nagar Haveli and Daman and Diu Power Distribution Corporation (the SPV) for purchase of 51% Equity Share Capital of the SPV from the Holding Entity. The SPV will be responsible […]

Recently, the company has raised USD 1 billion in funding from private equity major TPG in its EV division.

The NCDEX Guargum futures rose in volatile trades today after witnessing a sharp slide in last session. The near month contract expiry is looming on the horizon and overall movement is choppy. The commodity tracked a wild run in crude oil prices over last few sessions and sentiments were helped by a recovery in WTI Crude oil from two week high today as market eyed […]

Out of more than 600 participant the efforts of PPAP were recognised by ET.

This acquisition will significantly strengthen Torrent’s position as the leading Power Distribution Company in the country with a presence in 12 cities spread across 3 States and 1 Union Territory.