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  • 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.

  • 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.

  • Aditya Birla Capital to infuse Rs 850 crore in Aditya Birla Finance on rights basis December 26, 2023 07:19 PM IST

    Aditya Birla Capital to infuse Rs 850 crore in Aditya Birla Finance on rights basis

    Aditya Birla Capital also announced that is investing Rs 50 crore in its another wholly-owned subsidiary, Aditya Birla Capital Digital. Both the investments are aimed at meeting the growth and funding requirements, it informed the exchanges

  • Kansai Nerolac Paints to sell Mumbai land parcel to Runwal Group arm for Rs 726 crore December 26, 2023 08:50 PM IST

    Kansai Nerolac Paints to sell Mumbai land parcel to Runwal Group arm for Rs 726 crore

    The land parcel, which is located in one of Mumbai's prime area Lower Parel, would be sold to Aethon Developers, an arm of Runwal Developers, as per a regulatory filing

  • 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.

  • Sagar Cements: Back on the growth track with expanding profit margins December 26, 2023 01:32 PM IST

    Sagar Cements: Back on the growth track with expanding profit margins

    The government’s infrastructure push and favourable raw material prices should hold it in good stead through the rest of this fiscal year

  • 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. "

  • Vedanta arm BALCO gets Rs 84-crore GST demand notice December 23, 2023 05:15 PM IST

    Vedanta arm BALCO gets Rs 84-crore GST demand notice

    The demand notice has been issued by the Chhattisgarh taxation authority, and pertains to the period of fiscal year 2017-18.

  • Spacenet merges with Pathfinder in equity swap deal December 22, 2023 02:59 PM IST

    Spacenet merges with Pathfinder in equity swap deal

    Under the merger, Spacenet shareholders will get one share of the new entity for every four they hold.

  • Essar selects technology partner for UK industrial carbon capture facility December 22, 2023 02:37 PM IST

    Essar selects technology partner for UK industrial carbon capture facility

    Topsoe will provide its sustainable flue-gas treatment technology SNOXTM, the company said in a statement.

  • Easy Trip Planners picks 13.39% stake in Eco Hotels and Resorts December 22, 2023 02:24 PM IST

    Easy Trip Planners picks 13.39% stake in Eco Hotels and Resorts

    The company's investment in equity shares of Eco Hotels India is swapped with equity shares of the latter in the ratio of 1:1, Easy Trip Planners, which operates under brand EaseMyTrip, said in a regulatory filing.

  • 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

  • Azad Engineering IPO: Four reasons why we are cautious December 20, 2023 11:40 AM IST

    Azad Engineering IPO: Four reasons why we are cautious

    The business outlook may seem promising, but several factors warrant attention while subscribing to this IPO

  • Sony wants to hear Zee’s proposal before deciding to extend merger deadline December 19, 2023 09:56 AM IST

    Sony wants to hear Zee’s proposal before deciding to extend merger deadline

    “ZEE’s notice to the Bombay Stock Exchange and the National Stock Exchange of India dated December 17 is an acknowledgement that they will not be able to meet the December 21, 2023 deadline to close the SPNI/ZEE merger,” Sony India said.

  • Hindenburg’s Adani, Icahn calls mark year of prominent bets December 19, 2023 09:57 AM IST

    Hindenburg’s Adani, Icahn calls mark year of prominent bets

    The US firm kicked off 2023 with allegations of accounting fraud and stock manipulation against Indian billionaire Gautam Adani’s conglomerate that led to a market value erosion of more than $150 billion at one point.

  • Siemens Ltd board approves plan to incorporate subsidiary to execute demerger of energy business December 18, 2023 02:41 PM IST

    Siemens Ltd board approves plan to incorporate subsidiary to execute demerger of energy business

    The BoD, at its meeting held on December 18 2023, authorised the management to commence exploratory steps as may be required to examine a potential demerger of its energy business.