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Economic Buzz: China services activity sees soft growth in seven months

Mumbai, May 6 -- China's service sector expanded at a softer pace at the start of the second quarter of 2025. This was driven by a slower and only marginal rise in new business, which in turn was impa... Read More


Economic Buzz: US services sector growth slowest in 17 months

Mumbai, May 6 -- In April, US service sector business activity growth was the slowest in nearly a year-and-a-half, according to the latest PMI data from S&P Global. Uncertainty over federal policies, ... Read More


Gujarat Mineral signs long term supply agreement with City Gold Pipes

Mumbai, May 6 -- Gujarat Mineral Development Corporation(GMDC) has signed a Long-Term Supply Agreement (LSA) with City Gold Pipes (A consortium of Goldcrest Cement and Kailash Darshan Housing Developm... Read More


NLC India Renewables signs PPA for its upcoming 810 MW solar power project

Mumbai, May 6 -- NLC India Renewables (NIRL), a 100% subsidiary and renewable energy arm of NLC India (NLCIL), a Navratna Central Public Sector Undertaking, today signed the Power Purchase Agreement (... Read More


EFC Group purchases office space in Quantum Towers, Pune

Mumbai, May 6 -- EFC Group announced the purchase of Quantum Towers, Pune a 1,22,000 Sq. Ft. commercial office space building at prime location in Pune with a capacity over 3,000 seats. Published by ... Read More


Nextwave Multimedia (a Nazara arm) collaborates with Winners Alliance

Mumbai, May 6 -- Winners Alliance, the commercial partner of the World Cricketers' Association (WCA), has announced a new licensing agreement with Nextwave Multimedia, a subsidiary of Nazara Technolog... Read More


Apeejay Surrendra Park Hotels receives ratings action from ICRA

Mumbai, May 6 -- Apeejay Surrendra Park Hotels has received the credit rating ICRA A+; Stable/ ICRA A1 for debt facilities aggregating Rs 210 crore. Published by HT Digital Content Services with perm... Read More


Meghmani Organics receives revision in credit ratings

Mumbai, May 6 -- Meghmani Organics has received revision in credit ratings from CRISIL as under: Total bank facilities rated - Rs 1094 crore Long term rating - CRISIL A; Stable (downgraded from CRIS... Read More


Rategain Travel appoints Rohan Mittal as CFO

Mumbai, May 6 -- Tanmaya Das has resigned as chief executive officer (CEO) with effect from 5 May 2025. He will continue to remain associated with the Company in capacity other than Chief Financial Of... Read More


R Systems International allots 3,433 equity shares under Management Incentive Plan

Mumbai, May 6 -- R Systems International has allotted 3,433 equity shares under the company's Management Incentive Plan 2023. With this allotment, the paid up equity share capital has increased to Rs ... Read More