Slone Infosystems Limited has secured an order worth Rs 3.96 crore (plus GST) for the supply of 600 Lenovo L14 laptops, model 21H1S0PM00. The specifications include a 14.0" FHD display, Intel i5-1335U processor, 16GB RAM, 512GB SSD, Windows 11 Pro, FHD camera, fingerprint reader, Wi-Fi and Bluetooth connectivity, backlit keyboard, backpack, and a 3-year Premier support with CO2 offset feature.

Bajaj Housing Finance IPO, which entered its second day of bidding today (10 September), has been subscribed 3.44 times so far, driven by continued strong demand from non-institutional wealthy investors and retail investors. The much-awaited Rs 6,560-crore IPO of Bajaj Housing Finance has received bids for over 250 crore shares as of 11:45 am on Tuesday, compared to 72.75 crore shares on offer.

Tata Technologies has appointed Geena Binoy as its new chief human resources officer (CHRO), the global engineering and product development digital services company announced in a statement. Binoy, who is already a member of the company’s executive leadership team and is in charge of worldwide delivery for digital enterprise solutions (DES), will be in charge of driving its HR Strategies.

Soaring rents for living in Bengaluru have shifted the age median age for the first-time homebuyers from 42 to 34 in the last three years as millennials and Gen Z increasingly chose to buy, instead of taking on rent, according to experts. Data from proptech firm NoBroker shows that tenants in key cities would typically move around nine times before purchasing a home.

The initial public offering (IPO) of Kross Ltd., which opened for subscription on Monday, was subscribed 1.4 times so far on Tuesday, the second day of the bidding process. Around 11:45 am, the highest demand was driven by the retail investors, booking the issue by 2.34 times, followed by the non-institutional investors, subscribing to the issue by 1.13 times.

Time Technoplast Limited has secured a significant contract from a reputable government-owned Oil Marketing Company (OMC) to supply Type IV CNG/CBG Mobile Storage Cascades. The total basic value of this order is approximately INR 67.21 crores. The order was awarded domestically and is expected to be executed within 10 weeks from the date of the purchase order or call-off.

In a recent strategic move, the promoters and promoter group of GACM Technologies have announced their intention to increase their stake in the company by up to 13 per cent within the year. This decision underscores the promoters' unwavering confidence in the company’s growth potential and their commitment to enhancing shareholder value.

The Gurugram Real Estate Regulatory Authority will verify the two-thirds consent of allottees required for changes to building plans or layouts, ensuring the sanctity of their rights under the Rera Act and preventing potential litigation. This decision aims to protect allottees' interests and facilitate smooth project implementation.

Indian taxpayers with foreign income can claim lower tax rates under Section 90 or 91 of the Income Tax Act, 1961, through the Double Taxation Avoidance Agreement (DTAA) provisions. To claim relief, taxpayers must file an Indian income tax return and provide a tax payment or deduction certificate from the relevant foreign tax authority.

The stock of Pradhin Ltd. hit the upper circuit on Tuesday, reflecting investors' optimism about this transformative deal. The order involves importing aromatic chemicals, specifically the Perfumery Compound Base 909, which will be supplied to major perfume factories in Kannauj, Uttar Pradesh. This deal is expected to significantly bolster Pradhin Ltd.'s revenue streams.

Marine Electricals (India) Ltd has secured a Rs 12.1 crore order from Arcelor Mittal Nippon Steel (AM/NS) to supply LV Power and motor control centers, designed for seamless integration with automation systems. On Tuesday, Marine Electricals (India) Ltd's shares were trading at around Rs 246 per share, with a market capitalization of Rs 3263.57 crore.

Private equity funds and marquee global investors are making a beeline for the real estate market — largely in the commercial space — after a lull of around two years owing to global macroeconomic uncertainties. Investors and market observers say office spaces are an attractive proposition for investors. Significant capital is expected to be directed to alternative assets.

Shares of ITI Ltd. surged as much as 9% on Tuesday after the state-run company said that it has won an order worth nearly ₹300 crore from Bihar Renewable Energy Development Authority (BREDA). The order pertains to the supply and installation of 1 lakh solar street light systems to the state government of Bihar. This order is in addition to the order for 80,000 solar street light systems.

It has been 11 years since the Hyderabad Metropolitan Development Authority (HMDA) has undertaken an exercise to identify the full tank level (FTL) and buffer zones of lakes and tanks, but final notifications for over 3,000 lakes in its jurisdiction have been hanging fire. HMDA could issue the final notification, which is must to determine buffer zone and FTL.

Tolins Tyres IPO has been subscribed 3.06 times in total so far. The public issue received bids for 2.29 crore equity shares as against 74.88 lakh shares on the offer, according to the data available till 12:00 pm. The IPO has been subscribed 5.32 times in the retail category, 12% in the QIB category, and 1.72 times in the Non Institutional Investors (NII) category so far.