News Overview

The termination was communicated via a letter from JUSNL dated August 14, 2024, which BGR Energy received on August 20, 2024.

The projects will involve the deployment of around 4.26 million smart prepaid meters and system meters, including Distribution Transformer (DT) meters, across various regions.

The company recently raised ₹250 Crore through private placement financing from investors such as Steadview Capital Mauritius Ltd, ValueQuest, and Evolvence.

The textile company may think of raising a hundred crore rupees before submitting the Red Herring Prospectus to the ROC.

After joining Trent Ltd in 2016, Neville oversaw packaged food and beverages for a while before taking on the management of Zudio.

Given the surge in India's housing and infrastructure sectors, Birla is hopeful about the company's building materials segment.

The company also manages toll plaza operations, handling user fee collection and related services through competitive bidding, and is empanelled with NHAI for toll collection at various locations.

H.G. Infra Engineering shares have increased up to 87% in 2024, compared to the benchmark Nifty50's 14% return during the same period.

As of the June quarter shareholding pattern, the promoter owned 66.66% of Cyient DLM. Domestic mutual funds also own a 16.84% stake.

July 2024 was a month when the merchandise trade deficit with China and Russia widened sharply