The company has made the investment through its Singapore-based subsidiary Foxconn Singapore Pte Limited.
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
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.
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.
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.
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.
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.
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."
Robust economic growth, an infrastructure push and a pause in interest-rate increases have helped propel its equity market to successive highs.
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.
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.
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.
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.
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. "
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.
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; public subscription to open from December 26-28.
Karnataka State Road Transport Corporation plans to convert unused Peenya bus terminus into a cargo terminal
Credit growth is expected to be strong and there is stability in margin and credit cost
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
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 Pharma shares hit their record high of Rs 1,081.95 a piece around 1 pm today, December 20.
Accenture earnings report flags the pockets of concern, going forward
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
As per IQVIA, MAT September, 2023 data, sales for these brands was at Rs 207.8 Crores.