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Stocks to Watch: Sun Pharma, Adani Ports, IREDA, Hitachi Energy, BHEL, PI Industries

Sun Pharmaceutical is expected to report a 22% increase in earnings for Q4 of the fiscal year ending in March 2024, driven by robust sales of specialty drugs and the blockbuster generic cancer drug Revlimid.

Adani Group Strengthens Team for Retail and Hospitality Expansion

Adani Realty, the real estate division of the Adani Group, is ramping up its efforts in the retail and hospitality sectors.

Reliance Targets FMCG Expansion

In a strategic move to solidify its position in India’s fast-moving consumer goods (FMCG) market, Reliance Consumer Products, a subsidiary of Reliance Retail, is setting its sights on a substantial increase in its merchant base over the next five years.

Space Industry: A Lucrative Frontier for Private Players

In a recent statement, ISRO Chairman S Somanath emphasized the burgeoning prospects within India’s space industry for private enterprises, heralding it as a promising avenue for growth and innovation.

Government’s Focus on Textiles Export Boost

Textiles Secretary Rachna Shah has affirmed that the Indian government is poised to intensify efforts to bolster the country’s textiles exports, which faced a downturn for the second consecutive year in 2023-24.

Polymatech’s Ambitious Growth Plan

Polymatech Electronics, a leading semiconductor chips manufacturer, is poised to achieve a significant revenue milestone of $2.5 billion (approximately Rs 20,000 crore) by the fiscal year 2026.

Apple Supplier Hints at More Bad News for iPhone

Skyworks Solutions, a leading semiconductor company, unveiled its second-quarter earnings on April 30, revealing a concerning trend for the iPhone.

Tata Motors and South Indian Bank Join Hands for Commercial Vehicle Financing

Tata Motors, a frontrunner in India’s electric vehicle (EV) transition, continues to spearhead sustainable mobility solutions through its innovative product strategy.

Orbex Secures $20.8 Million Series C Extension for Rocket Development

Orbex, a United Kingdom-based company specializing in small launch vehicles, has successfully raised $20.8 million in funding to propel the advancement of its long-awaited rocket project.

Ethics Panel to Monitor New Pharma Marketing Code Implementation

In a bid to curb unethical practices within the pharmaceutical industry, the Department of Pharmaceuticals has rolled out the Uniform Code for Pharmaceutical Marketing Practices 2024 (UCPMP 2024).

Maitribodh Parivaar Charitable Trust Launches Maitri Sanskar Value Education Curriculum to Foster Core Values in Children

In a bid to instill essential life values in children from an early age, the Maitribodh Parivaar Charitable Trust introduced the Maitri Sanskar Value Education Curriculum.

Anand Mahindra promises job to UP teen who stopped monkey menace with Alexa

In a remarkable display of quick thinking and technological savvy, a 13-year-old girl named Nikita from the Basti district of Uttar Pradesh saved herself and her niece from a group of monkeys using an Amazon Alexa device.

Tata Motors Demerger Plan: Nuvama Institutional Equities Labels it a ‘Non-Event’

Tata Motors has revealed its intention to demerge its operations into two distinct listed entities, segregating the commercial vehicles (CV) and passenger vehicles (PV) businesses.

Reliance Industries Awarded IFR Asia’s ‘Issuer of the Year’ for Remarkable Financing Achievements in 2023

Reliance Industries Ltd has been honored with the prestigious ‘Issuer of the Year’ Award by International Financing Review (IFR) Asia for its outstanding performance in securing optimal pricing for super-sized funding deals amid challenging market conditions throughout 2023.

TVS Motor Company Reinforces Commitment to Technological Advancements with Rs 5,000 Crore Investment

TVS Motor Company has reaffirmed its dedication to advancing technology in the automotive industry by pledging a substantial investment of Rs 5,000 crore.

Impact of Red Sea Attacks on Shipping Routes: HPCL Assures No Disruption in Crude Oil Supplies to India

In the wake of ongoing attacks on shipping vessels by Houthi militants in the Red Sea, Hindustan Petroleum Corporation Ltd (HPCL) Chairman Pushp Kumar Joshi has assured that the flow of crude oil to India remains unaffected.

Piramal Enterprises to Sell 20% Stake in Shriram Investment Holdings for Rs 1,440 Crore

Piramal Enterprises has announced its decision to divest its entire 20% stake in Shriram Investment Holdings Private Limited to Shriram Ownership Trust for a sum of Rs 1,440 crore.

CEAT Ltd Explores Opportunities in India’s Growing Passenger Vehicle Market and Eyes US Entry

In a strategic move to capitalize on the surging sales of passenger vehicles (PVs) in India, CEAT Ltd, a prominent tyre manufacturer, aims to bolster demand in the replacement market.

Septentrio Announces AntaRx GNSS Smart Antenna for Machine Automation

Septentrio, a leader in high-precision GNSS positioning solutions, announces today the launch of a new smart antenna, ideal for machine automation and control in construction, precision agriculture and logistics.

PHD Family Welfare Foundation Shines Spotlight on Millets: A Journey of Nutrition and Culinary Artistry

PHD Family Welfare Foundation (PHDFWF) organized a thought-provoking event, “Exploring Millets: A Journey of Nutrition and Culinary Artistry,” at PHD House, New Delhi.

Garuda Aerospace Receives Medium Class RPTO Authorization from DGCA

Leading drone company Garuda Aerospace continues to lead the way in the adoption of drones for various applications across industries.

AMR Challenge 2024 Announced, a SBI Foundation and C-CAMP Joint Call for Innovations in Antimicrobial Resistance (AMR)

SBI Foundation and C-CAMP are together kicking off the first India AMR Challenge 2024 under their recently launched program for AMR Innovation to identify mid to late-stage startups, companies or innovators developing technologies to tackle AMR.

Maruti Suzuki’s Visionary CEO-Hisashi Takeuchi Named Autocar Professional’s Man of the Year 2023

In a nod to his exceptional leadership and transformative vision, Hisashi Takeuchi, the Managing Director and CEO of Maruti Suzuki, has been honored as Autocar Professional’s ‘Man of the Year’ for 2023.

Ambuja Foundation and HDFC Bank Parivartan Collaborate to Empower Delhi NCR Youth with Future-Ready Skills

Aiming to empower the youth with employable skills, Ambuja Foundation has joined hands with HDFC Bank Parivartan to set up a new training centre in Delhi NCR.

GPS Renewables Secures Purchase Orders worth Rs 2000 Crores to Drive Nationwide Expansion of Compressed Biogas Plants

GPS Renewables, India’s premier Full Stack Technology & Engineering company dedicated to Clean Fuels, proudly announces orders worth INR 2000 Crores to undertake multiple Compressed Biogas (CBG) projects (also known as Renewable Natural Gas (RNG)) across the country.

Garuda Aerospace Empowers Kaushalya University with 1 Crore Donation for Free Kisan Drones and Skill Development

Garuda Aerospace, India’s leading drone manufacturer, and Kaushalya – The Skill University have signed a Memorandum of Understanding (MoU) to boost drone technology education in India.

Walmart Foundation Grantees Continue to Work with Farmers to Bring Millets to the Forefront

To promote millet farming as a sustainable agricultural practice, Walmart Foundation grantees continue to revive millet cultivation in the country.

AU Foundation & Ambuja Foundation Launch Future IT Skills Course for Under-Privileged Youth

AU Foundation, the CSR arm of AU Small Finance Bank (AU SFB), India’s largest SFB has partnered with Ambuja Foundation to launch ‘Future Skill Academy’ that will impart relevant IT skills among youth in Rajasthan.

Netherlands Ministry of Foreign Affairs Pledges Support for a Systematic Approach to Graduating Cooperative Landscapes

The Netherlands Ministry of Foreign Affairs has pledged EUR 8 million to AgriGRADE, an innovative approach to graduate the cooperative agricultural sector in emerging economies.

TRI, Intellecap and Rabobank Launches Innovative Carbon Credit Finance Project Benefiting 1 lakh+ Farmers in Jharkhand

Transform Rural India (TRI) has joined forces with Intellecap and ACORN (Rabobank) to unveil a groundbreaking Carbon Credit Finance Project set to empower more than 100,000 farmers in the state of Jharkhand.