Syrma SGS Technology has opened one of its largest state of art integrated electronics manufacturing facility in Ranjangaon near Pune. The new campus is spread across 26.5 acres of land and will have a manufacturing area of 1.20 million square feet at its peak. This new campus will strengthen the company's PCB (Printed Circuit Board) assembly capabilities and will primarily serve the growing domestic demand for PCBAs, especially in the automotive and industrial sectors. The first phase of the facility commissioned today, measuring over 60,000 square feet, is expected to create approximately 1,000 direct employments.
Wealthtime, the adviser-focused platform business, has agreed a partnership with Wipro and its global technology partner GBST to deliver a market leading, digital-first platform and innovative customer-centric service offering. The move supports the group’s long-term growth ambitions and draws on Wipro’s extensive technology and operational expertise to ensure that it continues to meet the evolving needs of advisers and their clients. The deal will see the Wealthtime and Wealthtime Classic platforms brought together under one brand on a significantly enhanced platform, powered by GBST technology.
Sona BLW Precision Forgings (Sona Comstar) has entered into an agreement with Escorts Kubota (EKL) to acquire the Railway Equipment Division (RED) of EKL, as going concern, on slump sale basis, for an enterprise value of Rs 1,600 crore, subject to the terms of the Agreement. With the proposed acquisition of RED, Sona Comstar not only enters the railway component market but also contributes to greener mobility solutions.
RITES has entered into a Memorandum of Agreement (MoA) with NMDC to provide comprehensive Project Management Consultancy services. This MoA marks a strategic collaboration aimed at developing, upgrading, and creating rail connectivity for NMDC’s mines and related facilities across locations. Through this partnership, RITES will offer end-to-end Consultancy services from concept to commissioning, focusing on the reconnaissance survey, feasibility study, Detailed Project Report (DPR), and project management for rail connectivity projects. This includes allied civil works such as roads, bridges, and other infrastructure necessary for efficient transportation and logistics in NMDC’s operational areas.
GRM Overseas has entered into strategic partnership with Solariz Invest in Chile. This collaboration represents a pivotal moment in GRM's global expansion efforts, as it introduces its flagship basmati rice brand ‘Tanoush’ to Chilean consumers via Solariz Invest’s wide-reaching distribution network. ‘Tanoush’ will be offered in 1kg and 5kg Packs.
HG Infra Engineering has been declared as qualified bidder by the NTPC Vidyut Vyapar Nigam for 185 MW/370 MWh out of the project of tariff-based setting up of 500 MW/1000 MWh standalone battery energy storage systems in India with viability gap funding support as per the terms and conditions of the Request for Selection (RfS). The said order is expected to be completed in 1.5 years.
Lemon Tree Hotels has entered into a licence agreement for a 60-room hotel in Aurangabad, Maharashtra. The property, which shall be managed by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels, is expected to open in FY 2028.
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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