VL E-Governance & IT Solutions has entered into a binding term sheet with Edgewood Ventures LLC, USA on 18 July 2024 for acquisition of 26% equity stake in HAL-Edgewood Technologies (HETL).
Posts in category Business Standard
20 Microns announces acquisition of two limestone quarrying entities in Malaysia (18-07-2024)
20 Microns announced that its subsidiary, 20 Microns SDN BHD, Malaysia has signed the share purchase agreements for acquisition of 100% equity shares of Goh Teik Lim Quarry SDN BHD and IQ Marbles SDN BHD for an aggregate value not exceeding RM 15,100,000 (Malaysian Ringgit Fifteen Million One Hundred Thousand only) (Approx. Rs 27 crore).
Moneyboxx Finance to raise Rs 271 cr via equity issuance (18-07-2024)
The fund raise will significantly strengthen the company’s capital position and support its growth plans. Out of the total equity capital raise, Rs 186 crore is to be infused by August 2024, which will more than double the company’s existing capital base to Rs 350 crore.
Sensex rallies 627 pts, Nifty ends at 24,800.85; IT stocks rally (18-07-2024)
The domestic equity barometers continued their winning streak, rising for the fourth consecutive day on Thursday. The Nifty50 closed a tad above 24,800, despite early morning volatility due to weekly contract expiry. Strength in IT and FMCG stocks helped the markets reach new highs.
Ashapuri Gold Ornament standalone net profit rises 472.34% in the June 2024 quarter (18-07-2024)
Sales rise 121.70% to Rs 44.23 crore
Gopal Snacks standalone net profit declines 14.32% in the June 2024 quarter (18-07-2024)
Sales rise 9.73% to Rs 349.48 crore
Sagar Cements reports consolidated net loss of Rs 28.39 crore in the June 2024 quarter (18-07-2024)
Sales rise 3.88% to Rs 560.60 crore
Reliance Industrial Infrastructure consolidated net profit rises 2.84% in the June 2024 quarter (18-07-2024)
Sales decline 13.10% to Rs 12.40 crore
JSW Infrastructure consolidated net profit declines 8.87% in the June 2024 quarter (18-07-2024)
Sales rise 14.99% to Rs 1009.77 crore
Atharv Enterprises reports standalone net profit of Rs 0.04 crore in the June 2024 quarter (18-07-2024)
Sales decline 94.09% to Rs 0.27 crore