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Homologation Certification Granted to Propel Industries’ 470 HEV Electric Tipper 8X4
17th October 2024 Chennai, Tamil Nadu, India Propel Industries, India’s fastest growing crushing equipment manufacturer, has reached a key milestone. The electric heavy-duty Tipper, the 470 HEV, from the house of Propel has received Homologation certification which is a document which certifies that a vehicle is roadworthy and complies with the government’s safety standards. Commenting on…
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Kirtilals Celebrates Grand Opening of Its Latest Showroom in Rajahmundry
17th October 2024Â Â Rajahmundry, Andhra Pradesh, India Kirtilals, a distinguished name in fine diamond jewellery, has proudly inaugurated its 14th retail showroom in Rajahmundry on 12th October 2024. This expansive and elegantly designed showroom showcases a wide array of exquisite diamond and gold jewellery, ranging from everyday wear to stunning bridal collections, all conveniently housed under…
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Vingroup Accelerates Sustainability Efforts with VinFast and Green Initiatives
17th October 2024Â Â Hanoi, Vietnam Vingroup is leading Vietnam’s green transition with VinFast, its electric vehicle company, and a range of eco-friendly initiatives across its diverse businesses. This commitment to sustainability positions Vingroup as a key driver in the race towards a greener future for the nation. The green transformation has become one of the defining…
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Isuzu Motors India Introduces ISUZU D-MAX Ambulance, Designed to Meet AIS-125 Type C Specifications
Bengaluru 17th Oct 2024 : Isuzu Motors India is proud to announce the launch of ISUZU D-MAX Ambulance, that is fully-built to AIS-125 Type C ambulance specifications. This pioneering ambulance is engineered to empower a faster response while providing unparalleled reliability, safety and comfort in patient transportation, setting a new standard in emergency medical care…
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Ugro Capital and US DFC Join Forces to Expand Financial Inclusion for Underserved Sectors in India
Mumbai, 17th October 2024 UGRO Capital, a leading DataTech NBFC focused on MSME lending, today announced a significant milestone in its missio n to bridge the credit gap in India’s MSME sector. The Company signed a commitment letter with the United States International Development Finance Corporation (DFC) for a USD 40 million (approx. INR 3300…
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Red Fort Capital Crosses ₹100 Crore Asset Milestone, Gains ₹226 Million Debt Support from Major PSU Banks to Expand SME Lending
Mumbai, 17th October 2024 – Red Fort Capital, an investment-grade NBFC, has successfully raised ₹226 million in debt funding, crossing the significant milestone of ₹100 crore in assets. This achievement marks a key regulatory threshold that reinforces its standing as a leading player in the SME lending sector. The debt raise includes ₹150 million…
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LT Foods and KRBL Named as Mirae Asset Capital Markets’ Top Basmati Rice Stocks
In the vibrant landscape of Indian cuisine, basmati rice is celebrated for its aroma and cultural significance. With India leading global basmati exports, demand is surging due to changing consumer preferences and the festive season, which drives rice consumption for traditional dishes. Mirae Asset Capital Markets (India) Pvt. Ltd. has launched its thematic report- FMCG,…
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South Indian Bank Posts Impressive ₹325 Crore Net Profit in Q2 FY25
South Indian Bank had declared net profit of Rs. 324.69 Cr. for Q2 FY 2024-25 registering a growth of 18.15% compared to Rs. 274.81 Cr in Q2 FY 2023-24. Key Highlights Operating profit for the quarter increased by 19.51% from Rs. 460.44 Cr. in Q2 FY 24 to Rs. 550.25 Cr. in Q2 FY 25…
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BharatPe Group Slashes EBITDA Loss by 75percent, Reports Strong 39percentGrowth in FY24 Revenue
Gurugram, 17th Oct 2024 BharatPe Group, India’s leading name in fintech, today announced its financial performance for FY24. The FY24 numbers showed consistent growth across various business lines. The Group’s consolidated EBITDA loss before share based payment expense reduced drastically by 75% on a YoY basis, from Rs. 826 crores to Rs. 209 crores. Its…
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L V Prasad Eye Institute Celebrates 50K Corneal Transplants, Advancing Eye Care and Vision Restoration
Hyderabad, 17th October 2024: The Shantilal Shanghvi Cornea Institute, a centre of excellence for cornea care at the L V Prasad Eye Institute (LVPEI), has performed the highest number of corneal transplants ever (over 50K), by any eye care institution in the world. This places LVPEI at the top of large volume cornea care centres…
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