Moneycontrol PRO

Check your Credit Score for Free and Get Guaranteed 100 Cash Reward!

Check your Credit Score for Free and Get Guaranteed ₹ 100 Cash Reward!

HomeNewsBusiness

Business

Jump to
  • Foxconn invests Rs 461 crore in Bengaluru unit December 28, 2023 07:14 AM IST

    Foxconn invests Rs 461 crore in Bengaluru unit

    The company has made the investment through its Singapore-based subsidiary Foxconn Singapore Pte Limited.

  • Arka Fincap NCD oversubscribed, raises Rs 308 crore from 3,000 investors December 27, 2023 03:20 PM IST

    Arka Fincap NCD oversubscribed, raises Rs 308 crore from 3,000 investors

    The NCDs with credit rating - CRISIL AA-/Positive by CRISIL Ratings offered Coupon Rate in the range of 9-10 percent per annum with quarterly and annual interest option

  • Toyota Kirloskar confident of continuing strong growth in 2024 December 27, 2023 02:51 PM IST

    Toyota Kirloskar confident of continuing strong growth in 2024

    The company is set for a record year in terms of sales in 2023. It has already clocked a total of 2,10,479 units in the January-November period of 2023, beating the previous highest yearly sales of 1.72 lakh units in 2012.

  • EKA Mobility to partner with Mitsui, VDL Groep; plans joint investment of Rs 850 crore December 27, 2023 06:39 PM IST

    EKA Mobility to partner with Mitsui, VDL Groep; plans joint investment of Rs 850 crore

    Under the cooperation, EKA Mobility will receive significant and strategic investments from Mitsui and technological support and an equity partnership from VDL Groep, a leading Dutch technology firm, the company said in a statement.

  • Real estate space sizzles with surging demand, soaring sales; rush for properties to continue in 2024 December 27, 2023 11:49 AM IST

    Real estate space sizzles with surging demand, soaring sales; rush for properties to continue in 2024

    Market experts strongly believe the demand will not only sustain in 2024 but rise further, albeit at a slower pace, on high economic growth and expectations of a fall in home loan interest rate.

  • Adani Energy Solutions bags Halvad Transmission project in Gujarat December 27, 2023 11:14 AM IST

    Adani Energy Solutions bags Halvad Transmission project in Gujarat

    Halvad Transmission, a special purpose vehicle, has been set up by PFC Consulting for evacuating 7GW of renewable energy (RE) from Khavda RE park, Gujarat.

  • Adani Energy Solutions arm to form joint venture with Esyasoft Holdings December 27, 2023 10:42 AM IST

    Adani Energy Solutions arm to form joint venture with Esyasoft Holdings

    ATSFL and EHL would hold a 49 per cent and 51 per cent shareholding, respectively, in the proposed joint venture with equal participation in the board of directors of the company, according to a regulatory filing.

  • TotalEnergies invests $300 million in Adani Energy project December 27, 2023 09:46 AM IST

    TotalEnergies invests $300 million in Adani Energy project

    In a statement, AGEL said it completed "1,050 MW joint venture (JV) with TotalEnergies. As part of the JV, TotalEnergies invested USD 300 million in AGEL subsidiary, for acquiring 50% stake in the projects."

  • Property wins big, Adani lags in stellar year for Indian stocks December 27, 2023 07:31 AM IST

    Property wins big, Adani lags in stellar year for Indian stocks

    Robust economic growth, an infrastructure push and a pause in interest-rate increases have helped propel its equity market to successive highs.

  • Hikal shareholders vote against continuation of Baba Kalyani as director December 26, 2023 03:05 PM IST

    Hikal shareholders vote against continuation of Baba Kalyani as director

    The development comes at a time when Kalyani, the Chairman and Managing Director of Bharat Forge, is locked in a legal battle with his sister Sugandha Hiremath for the ownership of Hikal.

  • Adani secures power purchase pacts for 8GW of solar projects December 26, 2023 01:31 PM IST

    Adani secures power purchase pacts for 8GW of solar projects

    The green energy arm of billionaire Gautam Adani’s coal-to-airports conglomerate signed a 25-year contract with Solar Energy Corp. of India, or Seci, for the remaining 1.8 gigawatts, it said Monday.

  • Anupam Rasayan signs Rs 507-cr Letter of Intent with Japanese firm December 26, 2023 11:18 AM IST

    Anupam Rasayan signs Rs 507-cr Letter of Intent with Japanese firm

    The agreement is for the supply of new age polymer intermediate and has a revenue potential of $61 million. The product will be manufactured in the company's existing and new multipurpose manufacturing facilities, Anupam Rasayan said in a release.

  • Inox Wind bags 279 MW project December 26, 2023 11:18 AM IST

    Inox Wind bags 279 MW project

    The scope comprises a mix of equipment supply with limited scope EPC (engineering procurement construction) for 180 MW and end-to-end turnkey execution for 99 MW, a company statement said.

  • Godrej Properties sells more than 600 flats for Rs 2,600 crore in Gurugram December 26, 2023 10:02 AM IST

    Godrej Properties sells more than 600 flats for Rs 2,600 crore in Gurugram

    In a regulatory filing, the company said it has "sold inventory worth over Rs 2,600 crore in its project Godrej Aristocrat, located in Sector 49 on Golf Course Extension Road, Gurugram. "

  • Year Ender 2023: 15 must-read books on business, economics and management December 24, 2023 08:28 PM IST

    Year Ender 2023: 15 must-read books on business, economics and management

    Business storytelling might be stylistically and structurally different. But here’s a list of 15 books released this year that defy limitations, covering an array of topics, from cryptocurrency to ‘climate capitalism’ and surveillance, and will appeal to a wider readership.

  • Main-board IPOs weather global headwinds, collect Rs 52,000-cr in 2023 December 24, 2023 03:32 PM IST

    Main-board IPOs weather global headwinds, collect Rs 52,000-cr in 2023

    Mainboard IPO capital in 2023 records a slight dip to Rs 52,000 crore amid global volatility; increased issuances suggest resilience. Bullish outlook prevails for 2024.

  • AIK Pipes and Polymers sets IPO price at Rs 89 per share; issue opens Dec 26-28 December 24, 2023 03:32 PM IST

    AIK Pipes and Polymers sets IPO price at Rs 89 per share; issue opens Dec 26-28

    AIK Pipes and Polymers sets IPO price at Rs 89 per share; public subscription to open from December 26-28.

  • KSRTC inducts 20 trucks into cargo arm, aims Rs 100 cr annual revenue by 2025 December 23, 2023 02:53 PM IST

    KSRTC inducts 20 trucks into cargo arm, aims Rs 100 cr annual revenue by 2025

    Karnataka State Road Transport Corporation plans to convert unused Peenya bus terminus into a cargo terminal

  • Does Fedbank Financial deserve a place in the long-term portfolio? December 22, 2023 11:34 AM IST

    Does Fedbank Financial deserve a place in the long-term portfolio?

    Credit growth is expected to be strong and there is stability in margin and credit cost

  • Why MSMEs face a cash crunch December 22, 2023 10:14 AM IST

    Why MSMEs face a cash crunch

    The real problem turns out to be receivables—the money owed to them for goods or services rendered, which had yet to be settled by their buyers. Also, GST refunds getting stuck. And big business – the principal buyer for products and services of MSMEs – was often the key culprit

  • Drug regulator issues warning against cold medication for children under 4 yrs December 20, 2023 05:36 PM IST

    Drug regulator issues warning against cold medication for children under 4 yrs

    The the Subject Expert Committee of the Central Drugs Standard Control Organisation recommended a precautionary measure, suggesting that the FDC should not be administered to children below 4 years

  • Aurobindo subsidiary in Tirupati classified as VAI by US FDA December 20, 2023 02:33 PM IST

    Aurobindo subsidiary in Tirupati classified as VAI by US FDA

    Aurobindo Pharma shares hit their record high of Rs 1,081.95 a piece around 1 pm today, December 20.

  • Have Indian IT stocks rallied way ahead of fundamentals? December 20, 2023 11:00 AM IST

    Have Indian IT stocks rallied way ahead of fundamentals?

    Accenture earnings report flags the pockets of concern, going forward

  • Mufti Menswear IPO opens: Bennett Coleman sells over 4% stake in Credo Brands December 19, 2023 02:57 PM IST

    Mufti Menswear IPO opens: Bennett Coleman sells over 4% stake in Credo Brands

    Mufti Menswear IPO: BCCL has sold 25.36 lakh equity shares to ACM Global Fund VCC and 3.6 lakh equity shares to Negen Capital Services at the upper price band

  • JB Pharma inks Rs 964-cr licence deal with Novartis for ophthalmology brands December 19, 2023 01:19 PM IST

    JB Pharma inks Rs 964-cr licence deal with Novartis for ophthalmology brands

    As per IQVIA, MAT September, 2023 data, sales for these brands was at Rs 207.8 Crores.