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27 Apr

PRESTIGE HOTEL VENTURES LIMITED FILES DRHP WITH SEBI

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#PRESTIGEHOTELDRHPSEBI Chandigarh: Prestige Hotel Ventures Limited, a hospitality asset owner and developer focused on luxury, upper upscale and upper midscale hospitality assets in India for both business and leisure travellers, has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”). The IPO comprises of a fresh issue of equity shares of face value of ₹5 each aggregating up to ₹ 1700 Crores and an offer for sale of equity shares of face value of ₹ 5 each aggregating up to ₹ 1000 Crores. The offer for sale comprises of equity shares of…

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27 Apr

HyNet Core Infrastructure Gets Green Light from the UK Government

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#HyNetCoreUKGovernment Essar Energy Transition (EET) to Play Anchor Role Chandigarh: Essar Energy Transition (“EET”) congratulates Eni and the UK Government on achieving financial close on the core carbon transport and storage project of the HyNet Industrial Cluster (the Liverpool Bay CCS).  We are delighted that Eni’s construction phase will now begin on the infrastructure enabling HyNet; vital to massive reductions in carbon emissions and enabling much needed investment, protecting and growing jobs and industries across North West England and North Wales.  EET’s Hydrogen Production Plant (HPP1) project is one of the four initial projects that will provide carbon to this…

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27 Apr

Saatvik Green Energy showcases Advanced Solar Manufacturing Solutions at RenewX 2025

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#SaatvikGreenEnergySolarSolutions Chandigarh: Saatvik Green Energy Limited (SGEL), one of India’s fastest growing module manufacturing companies, participated in RenewX 2025 from April 23–25 at the Chennai Trade Centre, Nandambakkam. The Company is one of the fastest growing module manufacturing companies in India and has established itself as one of the key players in India’s solar energy market. The Company offers modules based on polycrystalline cell technology, monocrystalline cell technology, bifacial technology, M12 technology and advanced Tunnel Oxide Passivated Contact (“TopCon”) technology which helps reduce energy loss and enhances overall efficiency. At RenewX, Saatvik showcased its N-TopCon and N- TopCon G12R solar…

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26 Apr

IMF projects India’s economy to grow at 6.2% in 2025 and 6.3% in 2026

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#IndiaGDP : Fastest-Growing Major Economy New Delhi: India is poised to lead the global economy once again, with the International Monetary Fund (IMF) projecting it to remain the fastest growing major economy over the next two years. According to the April 2025 edition of the IMF’s World Economic Outlook, India’s economy is expected to grow by 6.2 per cent in 2025 and 6.3 per cent in 2026, maintaining a solid lead over global and regional peers. The April 2025 edition of the WEO shows a downward revision in the 2025 forecast compared to the January 2025 update, reflecting the impact…

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26 Apr

Canara Robeco Asset Management Company Limited files DRHP with SEBI for an IPO

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#CanaraRobecoAMCIPO Chandigarh: Canara Robeco Asset Management Company Limited, India’s second oldest asset management company (“AMC”) (Source: CRISIL Report) has filed Draft Red Herring Prospectus (DRHP) with SEBI for an Initial Public Offering (IPO). Canara Bank and ORIX Corporation Europe N.V are the promoters of the company. The offer comprises of an Offer for sale of up to 49,854,357 equity shares of face value of ₹10 each, (The “Offer for Sale”) including up to 25,924,266 equity Shares by Canara Bank; and up to 23,930,091 equity Shares by ORIX Corporation Europe N.V (“Promoter Selling Shareholders”). Canara Robeco Asset Management Company Limited’s primary activities…

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26 Apr

Mahindra Holidays: Q4 PAT Standalone up 61%; Consolidated up 12% YoY

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#MahindraHolidaysPATup  7 New managed resorts added during the year Chandigarh:  Mahindra Holidays & Resorts India Ltd. ('Company'), India's leading leisure hospitality provider, reported its standalone and consolidated financials for the fourth quarter and year ending 31st March 2025. Highlights FY25 ·         Highest ever inventory addition of 520 keys ·         Strong growth in resort revenue, Rs 396 Cr (+8% YoY) ·         1.4 million+ guests welcomed; occupancy stableat 84% on expanded inventory base ·         Average Unit Realisation (AUR) at Rs 5.73L (+ 39% YoY) ·         Deferred Revenue stands at Rs. 5,736 Cr ·         Cash Position at Rs. 1555 Cr as on 31st…

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26 Apr

#DCB Bank’s Profit After Tax (PAT) for Q4 FY 2025 was at INR 177 Cr. In comparison #DCBBank

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#DCBBankPATUP #DCBBank announces Full Year 2025 Results Chandigarh: The Board of Directors of DCB Bank Ltd. (BSE: 532772; NSE: DCB) at its meeting in Mumbai on April 25, 2025, approved the audited financial results for the quarter ended March 31, 2025 (Q4 FY 2025) and Year ended March 31, 2025 (FY2025) along with audit report by statutory auditors ‘Varma & Varma, Chartered Accountants’ and ‘B S R & Co. LLP, Chartered Accountants’. 1)      The Yes Bank’s Profit After Tax (PAT) for Q4 FY 2025 was at INR 177 Cr. In comparison Profit After Tax for Q4 FY 2024 was at…

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26 Apr

#RILResults Q4 FY2024-25: रिलायंस इंडस्ट्रीज ₹ 10 लाख करोड़ से अधिक की कुल इक्विटी पार करने वाली पहली भारतीय कंपनी

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रिलायंस इंडस्ट्रीज़ लिमिटेड ने वित्तीय वर्ष 2024-25 और Q4 यानि चौथी तिमाही के नतीजे घोषित किए #RILResultsQ4FY202425 Mumbai: FY2024-25 रिलायंस ने ₹1,071,174 करोड़ ($125.3 बिलियन) का रिकॉर्ड वार्षिक कंसोलिडेटेड राजस्व दर्ज किया, जो पिछले वर्ष की तुलना में 7.1% अधिक है। यह उपभोक्ता व्यवसायों और O2C में निरंतर राजस्व वृद्धि के दम पर हुआ है। FY2024-25 रिलायंस का वार्षिक कंसोलिडेटेड EBITDA वर्ष-दर-वर्ष 2.9% बढ़कर ₹183,422 करोड़ ($21.5 बिलियन) हो गया, जिसमें उपभोक्ता व्यवसायों का योगदान शानदार रहा। FY2024-25 रिलायंस का वार्षिक कंसोलिडेटेड कर पश्चात लाभ और एसोसिएट्स और JVs के लाभ/(हानि) का हिस्सा वर्ष-दर-वर्ष 2.9% बढ़कर ₹81,309 करोड़ ($9.5 बिलियन)…

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25 Apr

IHCL STRENGTHENS PRESENCE IN GOA, SIGNS A SELEQTIONS HOTEL IN ANJUNA

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#IHCLGOAHOTELANJUNA Chandigarh: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a SeleQtions hotel in Anjuna, Goa, a conversion of a standalone resort with expansion of inventory to 51 keys.   Ms. Suma Venkatesh, Executive Vice President - Real Estate & Development, IHCL said, “Goa, with its vast and scenic coastline, remains one of India’s most sought-after travel destination. It continues to witness growing demand for experiential stays in distinctive locations like Anjuna. With a legacy of over five decades in the state, this signing reinforces IHCL’s strategy of deepening its presence in key leisure markets. We…

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25 Apr

Ather Energy Limited: Initial public offering to open on Monday, April 28, 2025

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#AtherEnergyIPOon28April ·         Price Band fixed at ₹ 304 per equity share to ₹ 321 per equity share of the face value of ₹1 each (“Equity Shares”) of Ather Energy Limited (the “Company”) Chandigarh: Ather Energy Limited (the “Company”) proposes to open an initial public offering (“Offer”) of its equity shares of face value of ₹1 each (“Equity Shares”) on Monday, April 28, 2025. The Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, being Friday, April 25, 2025. The Bid/ Offer Closing Date is Wednesday, April 30, 2025. The Price Band of the Offer has been…

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