New Delhi: In a significant move to bolster the Indian SME sector, Hari Gupta, a prominent UAE-based NRI entrepreneur, has committed to investing ₹100 crore in small and medium enterprises across India. The investment will be channeled through SkyHigh, a company founded by Gupta, which also plans to establish a SEBI-approved Alternative Investment Fund (AIF) […]
Mumbai (Maharashtra) [India], August 17: Unclaimed investments are one of the biggest, silent worries in the area of financial management. A joint estimate of unclaimed assets in India is collectively estimated at ₹5,79,788 crores, including in value ₹3,78,000 crores in physical shares, ₹35,770 crores in mutual funds, ₹5,454 crores in unclaimed dividends, ₹28,800 crores in […]
New Delhi [India], August 16: Forcas Studios Limited, an established menswear company since 2010, is planning to raise up to Rs. 37.44 crore from its SME public issue. The company has received approval to launch its public issue on the NSE Emerge Platform of the National Stock Exchange. The public issue opens for subscription on […]
Hyderabad (Telangana) [India], August 20: Magellanic Cloud (BSE: MCLOUD), an emerging global leader in the technology space, has announced its financial results for the quarter ending June 30, 2024. With a robust portfolio of subsidiaries in IT, ITES, surveillance, and drone technology, the company remains focused on owning, acquiring & innovating technology. Commenting on the […]
New Delhi [India], August 19: Agarwal Industrial Corporation Limited, India’s most significant Private sector player in the bitumen sector, has released its highest-ever financial results for the period ended on 30 June 2024. For Q1FY25, the Company reported a 12.69% year-on-year (YoY) jump & consolidated revenue of Rs. 709.24 crores. EBITDA (earnings before interest, taxes, depreciation, and […]
Bengaluru (Karnataka) [India], August 19: Spark PWM Private Limited (formerly known as Spark Family Office and Investment Advisors (India) Private Limited), or Spark Private Wealth Management, a subsidiary of Spark Capital Advisors (India) Limited, a two-decade-old mid-market investment banking and financial services firm today announced the inauguration of a new office at Prestige Emerald in Bengaluru’s Ashok Nagar. […]
Kolkata (West Bengal) [India] August 2 : In a significant move towards sustainable energy development, Dynamic Services & Security Limited (DSSL) has announced a Memorandum of Understanding (MOU) with Sungevity Enterprises Private Limited. The MOU, dated July 29, 2024, outlines the development of a 100 megawatt (MW) solar power plant in Manipur, India, through a Special Purpose […]
Mumbai (Maharashtra) [India], August 2: Piramal Finance is offering free credit reports to all consumers. This initiative aims to empower individuals with easy access to credit scores and detailed reports, facilitating better financial decisions and enhanced credit management. Consumers can now obtain a comprehensive credit report through Piramal Finance’s user-friendly platform with just a few clicks. This […]
New Delhi (India) August 1 : As the auspicious festival of Raksha Bandhan approaches, Rakhi.in is set to make this celebration more memorable than ever with the launch of its exquisite new rakhi collections. Raksha Bandhan is one of the most popular festivals in the country, and every sibling wants to find the perfect Rakhi […]
