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The markets are expected to open marginally lower today as trends in GIFT Nifty indicate a negative start for the broader index after Nifty closed 70 points lower at 25,057 on Tuesday.

Amber Enterprises:

The company, through its subsidiary ILJIN, entered a joint venture with Korea Circuit Co. Ltd. to produce and sell HDI, Flex, and semiconductor PCBs in India, with ILJIN holding 70% and KCC 30%.

Bank of Maharashtra:

The company reported Q2FY25 results with Sales increasing +19% YoY to ?6,017 lakh (?2.4% QoQ), Operating EBITDA rising +31% YoY to ?3,799 lakh (?7.8% QoQ), Net Profit up +45% YoY to ?1,333 lakh (?2.9% QoQ).

BEML:

The company secured a contract from Integral Coach Factory for the design and manufacturing of two high-speed trainsets valued at ?866.87 Crore, with a delivery scheduled by the end of 2026.

Bharti Airtel:

The company partnered with Kia India to power Kia Connect 2.0 platform with reliable real-time connectivity, enabling seamless vehicle management, AI voice command, safety, and navigation features.

Capri Global Capital:

The company launched its Rooftop Solar Finance product under MSME Loans, offering collateral-free loans of ?50,000 to ?25,00,000 with quick approvals and disbursals to promote solar energy adoption.

Cyient:

The company entered into an MoU with Business Finland to collaborate on advancing emerging technologies like 5G, AI, and robotics, focusing on sustainability and space technology.

Godawari Power and Ispat:

The company is developing a ?73 Cr waste heat recovery plant in Raipur to generate 50,000 MWh annually, reducing 45,500 tons CO?, expected to complete in 18 months.

KPI Green Energy:

The company signed PPAs with Gujarat Urja Vikas Nigam for 620 MWAC of renewable energy projects, including solar and hybrid power.

NOCIL:

The company received in-principle approval from NSE and BSE for listing up to a maximum of 85 lakh equity shares of ?10 each under the Long Term Incentive Plan - 2024.

Newgen Software:

The company reported Q2FY25 results with Sales increasing +23% YoY to ?361 lakh (?14.6% QoQ), Operating EBITDA rising +45% YoY to ?83 lakh (?74% QoQ), Net Profit up +47% YoY to ?70.3 lakh (?47.7% QoQ).

Paras Defence and Space Technologies:

The company received a license under the Arms Act, 1959, to design, develop, and manufacture cannons for naval, air defense, and armored systems with an annual capacity of 100 units.

SpiceJet:

The company settled a $23.39 million dispute with Aircastle (Ireland) and Wilmington Trust for an aggregate sum of $5 million, withdrawing all ongoing litigations as part of the agreement.

TD Power Systems:

The company secured two large orders from major international gas engine OEMs, totaling ?142 Crore, for gas engine generators, to be delivered partially this financial year and next.

VA Tech WABAG:

The company secured a ?1,000 Crore order from Indosol Solar to build a 100 MLD sea water desalination plant for their Solar PV facility in Andhra Pradesh, with a 38-month execution timeline and a 15-year O&M contract. 

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