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Suzlon posts 10-year high Profit Before Tax (PBT) at Rs 1,447 Crores

Suzlon posts 10-year high Profit Before Tax (PBT) at Rs 1,447 Crores

#SuzlonPBT1447Cr Chandigarh: Suzlon Group, India’s No.1 Wind Energy Solutions provider, announced its fourth quarter (Q4 FY25) and annual audited results for the financial year 2024-25 (FY25). Girish Tanti, Vice Chairman, Suzlon Group, said,"FY25’s performance sets the stage for Suzlon’s next phase of strategic evolution and market leadership. Achieving our highest profitability in a decade, strong cash reserves, and a record order book are the direct outcomes of our disciplined business transformation and sharp operational focus. India has also crossed a significant milestone by surpassing 50 GW of installed wind power capacity – a journey in which Suzlon has played a…
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Ashok Leyland Secures Order for 250 State-of-the-art Trucks from M/s Patanjali Parivahan

Ashok Leyland Secures Order for 250 State-of-the-art Trucks from M/s Patanjali Parivahan

#AshokLeyland   #AshokLeylandPatanjaliParivahan  Chandigarh: Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer, today announced that it has bagged a prestigious order to deliver state-of-the-art trucks to M/S Patanjali Parivahan Private Ltd., a key logistics player. To mark the commencement of deliveries, Mr. Sanjeev Kumar, President – MHCV, Ashok Leyland handed over the keys to the first batch of trucks to Shri Ram Bharat Ji – Founder Patanjali Parivahan Private Ltd., in the presence of senior executives from both organisations. Mr. Sanjeev Kumar, President – MHCV, Ashok Leyland said, “We are thrilled to deliver…
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Bank of Baroda Inaugurates Phygital Branch in Kolkata

Bank of Baroda Inaugurates Phygital Branch in Kolkata

#BOBPhygitalBranch The Phygital branch offers a differentiated customer service experience through Self Service kiosks, Video Contact Centre and Universal Service Desks Chandigarh/Ludhiana: Bank of Baroda, one of India’s leading public sector banks, inaugurated its first Phygital Branch in Kolkata at the NSB Airport Branch within the premises of Netaji Subhas Chandra Bose International Airport. The phygital branch will redefine customer experience by seamlessly integrating self-service and assisted service models to meet the diverse requirements of customers. Bank of Baroda has now opened seven phygital branches across the country with each branch featuring Self Service kiosks, a Video Contact Centre for…
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New NFO: Groww Mutual Fund launches Nifty 500 Low Volatility 50 ETF

New NFO: Groww Mutual Fund launches Nifty 500 Low Volatility 50 ETF

#GrowwNifty500LV50ETF Chandigarh: The ETF will track the Nifty 500 Low Volatility 50 Total Return Index. This index picks 50 stocks with the lowest volatility from the broader Nifty 500 index. Groww Mutual Fund has launched a new exchange-traded fund (ETF) — the Nifty 500 Low Volatility 50 ETF — to offer investors a way to gain from stable, low-volatility stocks. The new fund offering (NFO) opened on July 29, 2024, and will close on August 2, 2024. The ETF will track the Nifty 500 Low Volatility 50 Total Return Index. This index picks 50 stocks with the lowest volatility from…
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Franklin Templeton to rename Multi-Asset Fund to Income Plus Arbitrage FoF from July 4

Franklin Templeton to rename Multi-Asset Fund to Income Plus Arbitrage FoF from July 4

#FranklinTempletonrenameMAFund #FranklinTempletonIncomePlusArbitrage Mumbai: The scheme will also change its investment strategy. It will now primarily invest in debt-oriented and arbitrage mutual fund schemes. Earlier, it followed a multi-asset approach, investing in equity, debt, and gold-linked funds. Franklin Templeton Mutual Fund will change the fundamental attributes of its Franklin India Multi-Asset Solution Fund of Funds (FoF). Starting July 4, 2025, the fund will be renamed Franklin India Income Plus Arbitrage Active FoF. The scheme will also change its investment strategy. It will now primarily invest in debt-oriented and arbitrage mutual fund schemes. Earlier, it followed a multi-asset approach, investing in equity,…
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Gold demand lags as prices rise in India, wedding buying going Slow

Gold demand lags as prices rise in India, wedding buying going Slow

#IndiaGoldSale   #IndiaGoldrate New Delhi: This week, Indian dealers were offering a discount of up to $31 an ounce over official domestic prices, inclusive of 6% import and 3% sales levies, down from last week’s discount of up to $49 an ounce. Physical gold demand in India was subdued this week, as an uptick in domestic prices and a winding up of wedding season kept buyers at bay, while premiums slipped in top consumer China. This week, Indian dealers were offering a discount of up to $31 an ounce over official domestic prices, inclusive of 6% import and 3% sales levies,…
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NCLAT Order Paves Way for Vedanta’s Demerger

NCLAT Order Paves Way for Vedanta’s Demerger

#NCLATokVedantademerger  #NCLAVedanta New Delhi: The National Company Law Appellate Tribunal (NCLAT) has given an interim stay on the order by the Mumbai bench of the NCLT, which rejected the demerger of the power business of Vedanta Ltd., and its merger with the resulting company Talwandi Sabo Power Ltd. (TSPL). A two-member bench wrote that it would be appropriate to grant a stay. “Thus the issues raised before us need to be considered at length and presently in view of the submissions made the scheme is severable and thus in case the stay is not granted to the impugned order it may…
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IHCL STEPS INTO NATHDWARA, RAJASTHAN; SIGNS A GATEWAY HOTEL

IHCL STEPS INTO NATHDWARA, RAJASTHAN; SIGNS A GATEWAY HOTEL

#IHCLNATHDWARA   #IHCLRAJASTHAN  #IHCLGATEWAYHOTEL Chandigarh: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a Gateway hotel in Nathdwara, Rajasthan. Ms. Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said, “Nathdwara offers a unique blend of spirituality, culture, and scenic beauty, making it an ideal destination for pilgrims and tourists. This signing is in line with IHCL’s strategy to expand in key spiritual hubs. We are delighted to partner with Mr. Madan Singh Chauhan for this project.” The 101-key Gateway Nathdwara, Rajasthan, spanning over 6 acres, offers a serene retreat in the heart of…
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Godrej Advances its Clean Energy Goals in the Middle East with Blue Ammonia Transfer Solutions

Godrej Advances its Clean Energy Goals in the Middle East with Blue Ammonia Transfer Solutions

#GodrejAdvances #GodrejCleanEnergy The company is supplying high-pressure heat exchangers to enhance energy recovery at one of the world's largest blue ammonia production facilities Chandigarh: The Process Equipment business of the Godrej Enterprises Group, has successfully delivered critical exchangers to one of the world's largest blue ammonia production facilities in the Middle East. Contributing to clean energy production, this delivery reinforces the company’s capabilities in high-quality process equipment manufacturing and underscores their expanding role in the global shift towards clean energy. Amid increasing global focus on renewable energy and decarbonization, the company has strategically aligned its capabilities to serve the growing…
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Reliance Digital’s ‘Boot Up India’ Sale Empowers the Young Generation with Best Tech Deals and ₹1 Crore* in Scholarships

Reliance Digital’s ‘Boot Up India’ Sale Empowers the Young Generation with Best Tech Deals and ₹1 Crore* in Scholarships

#RelianceDigital  #RILBootUpIndia  #RILScholarships Mumbai: Reliance Digital, India’s leading electronics retailer, is proud to announce the launch of its biggest laptop sale yet – Boot Up India. More than just a sale, Boot Up India is a campaign with a powerful mission: to equip and empower the students of today for the opportunities of tomorrow. This initiative positions Boot Up India sale starting from 31st May to 31st August, as not just as a shopping event but a true launchpad for India’s next generation of leaders, creators, and innovators. The Boot Up India Sale has exciting offers available across Reliance Digital…
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