Rounaq Bakshi notes

  MosChip  Technologies joins Renesas RZ Partner Ecosystem as AI/ML Design Partner MosChip  Technologies is now an AI/ML design partner under Renesas RZ partner ecosystems, delivering intelligent solutions based on Renesas RZ/V series of MPUs.    MosChip  Technologies is a semiconductor design and product engineering services company with expertise in SoC design, systems, software, mobility, connectivity, vision, AI/ML and GenAI based solution design for diverse industrial domains. It is a trusted technology partner delivering high-performance next-gen solutions for seamless connectivity and intelligence across Products, IT, and Operations. The Renesas RZ Ready is an extensive network of trusted technology partners that deliver commercial-grade building blocks for Renesas RZ products. These partner solutions are designed to help accelerate the development of customer systems with ready-to-use solutions.  Becoming an AI/ML Design Partner in the Renesas ...

  MosChip , a semiconductor and product engineering solutions company   Revenue from the development of a high-performance computing (HPC) SoC (System on a  Chip ) using state-of-the-art 5nm (nanometer) technology commenced during the quarter.   H1FY25 vs H1FY24   Revenue grew from ₹ 128.86 Cr to ₹ 205.98 Cr an increase of 60%.  EBITDA grew from ₹ 19.18 Cr (14.7%) to ₹ 27.11 Cr (13.0%) with an increase of 41%.  PAT increased from ₹ 6.83 Cr (5.3%) to ₹ 13.71 Cr (6.6%) with an increase of 101%  

  Sagility India: US insurance clients or payers contribute over 90% to the company’s revenue Sagility India, which provides  business process management services  to the healthcare sector, The company provides services to the US based  health insurers  and hospitals. While it operates at a higher margin, it faces risks from single-sector and single-market exposure It operates at a higher margin given its pure-play specialised offerings focused on a single vertical. However, it also raises risks of single sector and single market exposure It caters to payers including health insurers, which reimburse costs of health services and providers such as hospitals, physicians, diagnostic and medical devices companies in the US. Sagility India offers services such as claims management, premium billing, provider data management, financial clearance, and accounts receivable follow up among others. The company has global delivery centres in India, Philippines, the US, Jamai...

  ABB India Limited:  data center play Strong profitability with record backlog and growing demand across segments  Orders Total orders for the third quarter were INR 3342 crore, up by 11 percent as compared to Q3 CY2023.  Electrification led the way with a significant step-up in orders for the quarter headlined by large orders from the data center segment for Smart Power and Distribution Solutions divisions.  Demand for power distribution equipment held steady with orders for different circuit breakers, switchgear panels, etc.  Motion orders were driven by the Traction division – propulsion equipment, battery chargers and composite converters. Orders from the Process Automation business area also comprised automation and blending solutions for energy majors from the Energy Industries division and thyristor rectifiers for metals company from Process Industries division.  Orders from non-automotive, industry led segment and electronics were predominant ...

  PETRONET  LNG: Petrochemicals Complex (diversification effort undertaken) Petrochemicals Complex at Dahej As a part of major diversification effort undertaken by company Petrochemicals Complex at Dahej, comprising of Propane Dehydrogenation Unit (PDH) of capacity 750 KTA and a Poly propylene unit (PP) of capacity 500 KTA along with ethane and propane storage and handling facilities has been approved by the Board at a cost of Rs 20,685 crore, on 30th October 2023.  The foundation stone for the Petrochemicals Complex was laid by Honorable Prime Minister on 12th March 2024. The project is being executed in a fast-track mode.  Various statutory clearances including environment and CRZ clearances have already been obtained.  Licensors PLL signed MOU with M/s Deepak Phenolics Limited for long term sale and purchase of 250 KTA of Propylene and 11 KTA of Hydrogen from PLL’s upcoming Petrochemical complex at Dahej for both the units namely PDH and PP have also been app...

  SHIPPING CORPORATION OF INDIA: JOINT VENTURES (i) India LNG Transport Co. (No.1), (No.2) and (No.3) Ltd SCI has entered into three JVCs, registered in Malta, with three Japanese Companies viz. Mitsui O.S.K.Lines (MOL), Nippon Yusen Kabushiki Kaisha (NYK) and Kawasaki Kisen Kaisha Ltd (K Line) along with Qatar Shipping Company (Q Ship) in case of ILT No. 1 & 2 and Qatar Gas Transport Company (QGTC) in case of ILT No. 3, each owning and operating an LNG tanker deployed in the import of a total of 7.5 million metric ton per annum of LNG for the Dahej Terminal of M/s  Petronet  LNG Ltd (PLL).  SCI is the first and only Indian company to enter into the high-technology oriented & sunrise sector of LNG SCI is the manager for these three companies, managing the techno-commercial operations of 3 LNG tankers.  (ii) India LNG Transport Co. No. 4 Pvt Ltd SCI has entered into 4th JV registered in Singapore, with the same three Japanese companies viz. Mitsui O.S.K. ...

  PETRONET  LNG : ONGOING PROJECTS AND NEW BUSINESS INITIATIVES Company has set an ambitious target for exponential growth and diversification, by formulating its vision and strategy document titled “1-5-10-40”.  The Company aims to achieve an annual turnover of Rs 1 lakh crore in five years, with a profit after tax of Rs 10 thousand crore supported by an investment of Rs 40 thousand crore.  To meet this ambitious target, the projects worth around Rs 27,000 crore are under various phases of execution   Petronet  LNG  ambitious goal to triple its  net  profit by 2028. For the entire 2023–24 fiscal year (April 2023 to March 2024),  Petronet  reported its highest-ever  net  profit of  ₹ 3,536 crore on the back of a 22% growth in volume throughput. With a strategy termed “1-5-10-40”,  Petronet  aims to increase turnover to Rs 1 lakh crore within 5 years, with a  net  profit target of Rs 10,000 cro...