Daily Archives: April 19, 2024
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LTIMindtree collaborates with Vodafone; stock rises
LTIMindtree has collaborated with Vodafone to offer connected and smart IoT solutions, powered by its Insight NXT platform (iNXT) and Vodafone’s IoT managed connectivity.
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CONCOR inks agreement with PSA MESA
Container Corporation of India Ltd (CONCOR) has signed a memorandum of understanding (MoU) with PSA MESA Supply Chain Pte. Ltd. (PSA MESA) to offer end-to-end logistics services.
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Broker’s call: DOMS Industries (Outperform)
Target: ₹1,950
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Broker’s call: Tata Power (OP)
Target: ₹471.60
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Good Glamm Group overhauls organisational structure in the run up to the IPO
The Good Glamm Group, on Thursday, said it has re-hauled its organisational structure in a bid to create an agile organisational framework ahead of its IPO next year. The leading beauty and personal care company said this strategic initiative marks the culmination of the company’s final phase of team integration with a steadfast aim to be a profitable company in FY 25.
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Voda Idea FPO gets 26% subscription on Day 1
Vodafone Idea’s follow-on public offer (FPO) secured 26 per cent subscription on Day 1.
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ICICI Securities net doubles in Q4
ICICI Securities, soon-to-be-delisted, has reported a 104-per cent year-on-year rise in consolidated net profit for the quarter ended March 2024. Its net zoomed to ₹535.35 crore for March 2024 crore as against ₹261.95 crore reported in year-ago comparable period. Total revenues rose 74 per cent to ₹1,542.85 crore (₹884.69 crore).
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KFIL restarts mini blast furnace operations at Hiriyur plant amidst market recovery
The shutdown was part of KFIL’s strategic efforts to manage operations prudently against volatile market conditions, sustaining its production efficiency and overall business resilience.