Online travel platform EaseMyTrip announced today a strategic partnership with Hyperface, Asia’s first Credit Cards as a Service (CCaaS) platform, to enhance its card management capabilities and customer experience. The shares of Easy Trip Planners Limited were trading at ₹33.11 down by ₹0.35 or 1.05 per cent on the NSE today at 1.45 pm….
Target: ₹1,638 CMP: ₹1,310.65 In Q2-FY25, Amara Raja Energy & Mobility’s 4W OEM segment and telecom segment witnessed a decline in volumes, which impacted its revenue growth trajectory, while most of its segments registered healthy volume growth. Further, a higher trading mix and additional provisions pertaining to levy on fuels for earlier years (₹15…
The Indian equity markets failed to sustain their early gains on Thursday, with the Sensex and Nifty 50 closing lower amid volatility and mixed global cues. The benchmark Sensex tumbled 836.34 points or 1.04 per cent to end the day at 79,541.79, while the Nifty 50 declined 284.70 points or 1.16 per cent to close…
Aurionpro Solutions, a leading technology provider, has secured a significant contract from Chennai Metro Rail Corporation Limited (CMRL) to deliver automated fare collection (AFC) systems for Phase II of the Chennai Metro. The shares of Aurionpro Solutions Limited were trading at ₹1,665 down by ₹30 or 1.77 per cent during the closing bell. Also read:…
Swiggy’s recent IPO filing shows significant differences in its business model compared to competitor Zomato, despite both being major players in India’s food delivery market. While Swiggy’s B2C operations, including food delivery and quick commerce, account for 61 per cent of revenue, its B2B supply chain segment contributes a substantial 39 per cent – marking…
Tata Consultancy Services (TCS) announced today a multi-year agreement with Air France-KLM to modernize the airline group’s data infrastructure through cloud migration, aimed at making it the most data-centric airline group globally. The shares of Tata Consultancy Services Limited (TCS) were trading at ₹4,144.55 up by ₹4.90 or 0.12 per cent on the NSE today…
Honasa Consumer Limited announced today the launch of new winter moisturizing products across its portfolio brands – Mamaearth, The Derma Co., Aqualogica, and Dr. Sheth’s. The expansion comes as Nielsen data shows moisturizing cream sales growing at twice the rate of overall FMCG growth. The shares of Honasa Consumer Limited were trading at ₹386.35…
Choice Equity Broking has issued a “Subscribe for Long Term” rating for Swiggy’s IPO, balancing the company’s strong market presence against ongoing profitability challenges. The food delivery platform’s public offeringaims to raise ₹11,327 crore at a price band of ₹440-₹463 per share. Also: Track Swiggy IPO Subscription Status Live The brokerage highlighted Swiggy’s robust revenue…
Indian benchmark indices opened lower on Thursday, taking a breather after the previous day’s sharp rally, as investors assessed the implications of Donald Trump’s return to the White House and awaited the US Federal Reserve’s policy decision. As of 9.45 am, both the Sensex and Nifty indexes are experiencing slight declines. The Sensex opened at…
The ₹2,900-crore initial public offering of ACME Solar Holdings enters its second day with overall subscription of 0.39 times. The IPO comes with a price band of ₹275-289 a share and will close on Friday. The issue is a combination of a fresh issue of ₹2,395 crore, and an offer-for-sale of ₹505 crore by the promoter ACME…
