News Overview

As part of Motherson's effort to diversify into new markets, the Vivek Chaand Sehgal-led car component producer will become Apple's second largest vendor after Tata.

The tender was notable because it was the first attempt by an Indian corporation to decide the price of green hydrogen through a bidding or market-driven process.

According to a stock exchange filing, the Company has received an Establishment Inspection Report (EIR) with Voluntary Action Indicated.

It is the Adani Group's first equity raise in the capital market since its de-merger and listing from Adani Enterprises Ltd in July 2015.

The company stated that its revenue from operations increased by 4.30% to ₹35,266.4 Crore, compared to ₹33,814.33 Crore.

Tata Chemicals announced its results and reported a 67.6% YoY fall in net profit to ₹190 Crore for the first quarter ending June 30, 2024.

Revenue from operations climbed by 15.9% to ₹786 Crore, up from ₹678.5 Crore in the previous fiscal year.

BLS International's visa and consular business, accounting for 84% of total revenue, increased by 35.9% YoY to ₹414.1 Crore from ₹304.8 Crore.

Mysore-based Skanray is a leading manufacturer of diagnostic imaging, critical care and surgical space.

Share allotment is expected to be finalized on August 6, with listing on BSE and NSE anticipated on August 8.