ACC Board gives nod for merger of company with Ambuja Cements
ACC Ltd Board approves merger with Ambuja Cements Limited under Adani Group, aiming for streamlined operations and a major cement platform pending NCLT and statutory approvals.
Uncategorized
Sanghvi Movers subsidiary bags ₹428.72 crore wind EPC orders
Sangreen Future Renewables, a Sanghvi Movers Ltd subsidiary, won ₹428.72 crore EPC wind BOP contracts for 270.6 MW from IPPs, boosting its renewable energy presence.
Prestige Estates acquires 25-acre land parcel in Medavakkam to expand Chennai presence
The acquired land parcel offers a development potential of approximately 5 million square feet, with an estimated top-line revenue potential of over ₹5,000 crore. The site is proposed to be developed into a large-format project in line with the group’s…
Welspun Corp completes acquisition of 4.11% stake in Welspun Specialty for ₹108.96 crore
The acquisition was executed through a block deal for an aggregate consideration of approximately ₹108.96 crore. Shares of Welspun Corp Ltd ended at ₹804.50, up by ₹3.47, or 27%, on the BSE today, December 22.
HCLTech arm to acquire Belgian AI startup Wobby for enhanced data analyst capabilities
The acquisition aims to accelerate clients’ value realisation from generative AI by adding AI data analyst capabilities. Wobby’s AI data analyst agents enable users to query complex datasets through a natural language interface and receive actionable insights instantly. Shares of…
Saatvik Green arm wins ₹486-crore order for solar PV modules
The order, awarded by a domestic entity, is scheduled to be executed by December 2026. Shares of Saatvik Green Energy Ltd ended at ₹396, down by ₹0.23, or 0.90%, on the BSE today, December 22.
Antony Waste subsidiary wins ₹330-cr solid trash processing order from Thane
Antony Waste Handling Cell Ltd secured a ₹330-crore municipal solid waste pre-processing contract from Thane Municipal Corporation for a new plant in Bhiwandi, Maharashtra. Shares of Antony Waste Handling Cell Ltd ended lower on Monday, December 22, by 3.86% at…
Man Industries says IT Dept search concluded, operations unaffected
The raid comes just two months after Securities and Exchange Board of India (SEBI) barred Man Industries and three of its top executives, including the chairman, from accessing the securities markets for two years over alleged fund diversion. Shares of…
Gold surges past $4,400 as rate-cut hopes and safe-haven demand power rally; silver hits record
Gold surged past $4,400 an ounce, driven by US rate cut hopes, central bank buying, and geopolitical tensions. Silver, platinum, and palladium also hit record highs amid strong investor demand.
GPT Infraprojects wins ₹670-cr NHAI elevated road project in Jodhpur
GPT Infraprojects Ltd and ISCPPL won a ₹670-crore NHAI road project in Jodhpur, to be executed under the hybrid annuity model (HAM). Shares of GPT Infraprojects Ltd ended marginally lower by 0.45% at ₹107.46 on the NSE today, December 22.