In March this year, Delhi-based cash management and logistics firm SIS Prosegur unveiled India’s second-largest vault, after RBI’s. Equipped with layers of high-tech security, including 350 cameras and thousands of sensors to trigger alarms, the 40,000 sq. ft. facility can process 5 million currency notes or Rs 250 crore to Rs 300 crore every day.
Investing
Mutual fund assets surge 35% to a new high in FY24
Investor adoption of systematic investment plans (SIPs) continues to rise with monthly net inflows at around ₹19,300 crore in March 2024.
Vodafone Idea shares fall 4% ahead of ₹18,000-cr FPO
The beleaguered telecom operator plans to use ₹12,750 crore from the FPO to purchase equipment to expand its 4G and 5G network as well as existing capacities.
Exide Industries shares hit fresh 52-week high
The stock hit an intraday high of ₹423.65, taking the company's market cap to over ₹35,000 crore.
Ambuja Cements to acquire 1.5 MTPA grinding plant in Tamil Nadu for ₹414 cr
The acquisition of My Home Group's cement unit in Tuticorin will take Adani Group’s total cement capacity to 78.9 MTPA.
Investing
Mutual fund assets surge 35% to a new high in FY24
Investor adoption of systematic investment plans (SIPs) continues to rise with monthly net inflows at around ₹19,300 crore in March 2024.
Vodafone Idea shares fall 4% ahead of ₹18,000-cr FPO
The beleaguered telecom operator plans to use ₹12,750 crore from the FPO to purchase equipment to expand its 4G and 5G network as well as existing capacities.
Exide Industries shares hit fresh 52-week high
The stock hit an intraday high of ₹423.65, taking the company's market cap to over ₹35,000 crore.
Ambuja Cements to acquire 1.5 MTPA grinding plant in Tamil Nadu for ₹414 cr
The acquisition of My Home Group's cement unit in Tuticorin will take Adani Group’s total cement capacity to 78.9 MTPA.
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