Month: January 2025
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HCL Technologies and Microsoft Team Up with Cricket Australia to Revolutionize Fan Experience
HCL Technologies and Microsoft have partnered with Cricket Australia to bring AI-powered insights to the Cricket Australia Live app. The new AI Insights matchday companion offers real-time updates, player performances, and key milestones, providing fans with a richer and more immersive live match experience.
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Tata Power’s TP Solar Secures Rs 455 Crore Solar Module Contract from Maharashtra State Power Generation Company
Tata Power's TP Solar has secured a Rs 455 crore contract to supply 300 MWp of ALMM-certified solar modules for Maharashtra's MSKVY 2.0 project. This deal strengthens the state's renewable energy infrastructure, supports sustainable agriculture, and reinforces Tata Power's leadership in India’s solar sector.
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Prestige Estates Projects Sees Significant Profit Decline in December 2024 Quarter
Prestige Estates Projects faced a significant 84.78% drop in net profit for the December 2024 quarter, with sales declining by 7.87%. Despite improvements in operating margins, the company’s performance highlights the challenges in the real estate sector. Explore the key financial metrics and what this means for the company’s future.
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Bajaj Healthcare Receives DCGI Approval to Manufacture Pimavanserin in India: A Significant Step for Parkinson’s Treatment
Bajaj Healthcare has received DCGI approval to manufacture Pimavanserin in India, offering a critical treatment for Parkinson's disease psychosis. This approval paves the way for increased availability and accessibility of this essential medication in the Indian market.
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L&T Secures Major Order for Freight Handling Facilities in the Middle East
Larsen & Toubro (L&T) has secured a significant order from a leading railway company in the GCC region to establish freight handling facilities. This repeat order highlights L&T’s strong presence in the Middle East and its role in supporting the region's infrastructure expansion.
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Natco Pharma Secures Approval for Generic Everolimus Tablets for Oral Suspension in the U.S.
Natco Pharma has received FDA approval for its generic version of Everolimus tablets for oral suspension (TFOS), providing a more affordable treatment option for patients with TSC-related SEGA. This approval marks a significant milestone in the generics market, offering greater access to a critical therapy for both adult and pediatric patients.
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Kalyan Jewellers Expands Presence with Two New Showrooms in Chennai
Kalyan Jewellers has strengthened its presence in Chennai with the opening of two new showrooms in Guduvanchery and Purusaiwalkam. With a focus on offering a diverse range of high-quality jewellery and personalized services, these new outlets aim to provide an enhanced shopping experience for customers in the city.
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NTPC Green Energy Reports 18% Jump in Q3 FY25 Profit, But Faces Rising Costs
NTPC Green Energy reported a strong 18% rise in net profit for Q3 FY25, driven by a solid revenue increase. However, the company faced rising expenses, especially in finance and employee benefits, which impacted its overall profitability. Despite these challenges, NTPC Green Energy remains a key player in India’s renewable energy sector.
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IDFC FIRST Bank Q3 FY25 PAT at Rs. 339 Crore, Core Operating Profit up 15% YoY
IDFC FIRST Bank reported a robust Profit After Tax (PAT) of Rs. 339 crore for Q3 FY25, marking a 15% YoY growth in core operating profit. The bank’s strong financial performance highlights its strategic focus on retail banking, digital initiatives, and efficient risk management. Discover more about the bank’s growth drivers and future outlook.
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Larsen & Toubro Secures Major Solar PV and Battery Storage Project in Abu Dhabi
Larsen & Toubro has secured a major role in the world’s first 24/7 solar PV and battery storage gigascale project in Abu Dhabi. This groundbreaking initiative, set to deliver up to 1GW of continuous clean energy, will revolutionize renewable power generation and showcase global leadership in sustainable energy.