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Websol believes that this collaboration will strengthen India’s solar manufacturing ecosystem at a time when the country is expanding its renewable energy capacity.

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The deal structure involves two components. A portion of the funds has been used to buy shares from the founders and early investors of Commotion Inc.

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The licence permits the company to manufacture defence aircraft equipment for unmanned helicopter operations, including unmanned aerial systems.

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The CEO also highlighted that this development strengthens Raymond Realty’s plans to reach an annual topline of Rs 4,000 crore

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With the commissioning of the Bhatapara clinker unit, the company’s consolidated clinker capacity has increased to 66 MTPA.

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With this project, Syrma SGS aims to increase its production strength while reinforcing its position as a significant supplier in India’s electronics ecosystem.

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This was also cushioned by positive consumer sentiment across urban and rural markets, GST-related support measures and stable retail traction.

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Here are some of the stocks that may see significant price movement today: Hero MotoCorp, Ambuja Cements, Reliance Industries, etc.

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With these investments, RCL now holds 51 percent of the fully diluted equity share capital of each company.

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Revenue from operations grew to ₹1,147 crore, more than double last year’s figure of ₹545 crore.

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