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Jan 11, 2023 02:21 PM IST Hindalco Industries Ltd. is looking to sell a bond for as much as 7 billion rupees ($86 million), according to an exchange filing on Wednesday. If the transaction goes ahead, it would the firm’s first bond sale since 2012, Bloomberg-compiled data show.
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Jan 11, 2023 01:26 PM IST The CBI on Wednesday launched a crackdown on alleged corruption in the Food Corporation of India, conducting searches at 50 locations in Punjab, Haryana and Delhi after arresting a DGM-ranked officer, officials said.
- Jan 11, 2023 11:06 AM IST
The roadshows, to be held till February 2, will be organised by the UP State Industrial Development Authority (UPSIDA), an official release said on Wednesday.
- Jan 11, 2023 11:01 AM IST
The company at the event unveiled three two-wheelers under Ampere brand series -- Ampere Primus, Ampere NXG and a multi-utility scooter Ampere NXU which can be also used for deliveries.
- Jan 11, 2023 10:34 AM IST
SAIC Motor has previously said that it has a wide portfolio of new energy vehicles (NEVs), which include electric, hybrid and fuel cell cars, which MG can choose from to sell in India.
- Jan 11, 2023 08:20 AM IST
The government has unveiled incentives of at least $3.4 billion to expedite its lagging adoption of EVs as Prime Minister Narendra Modi vows to reach net zero by 2070.
- Jan 11, 2023 08:16 AM IST
The prominence of foreign carmakers at India’s biggest auto show underscores the nation’s slow take up of electric vehicles.
- Jan 11, 2023 06:10 AM IST
The Competition Commission of India (CCI) in October fined Alphabet Inc-owned Google $161 million for exploiting its dominant position in Android, which powers 97% of smartphones in India, and asked it to change restrictions imposed on smartphone makers related to pre-installing apps.
- Jan 10, 2023 09:11 PM IST
The edible oil segment has recorded volume growth in "high-single-digit", the food & FMCG segment in "high-20s" and industry essentials have grown by over 40 percent, Adani Wilmar said
- Jan 10, 2023 12:00 PM IST
The creditors have until Tuesday to sign a forbearance agreement, which will give the company time till Feb. 10 to negotiate broader terms on the term loan, the people said, asking not to be identified as the information isn’t public.
- Jan 10, 2023 11:59 AM IST
The company plans to utilise the fund to expand its presence to over 100 cities, to hire more than 200 employees and expand its services verticals, Park+ said in a statement.
- Jan 10, 2023 11:03 AM IST
Chanda Kochhar walked out of the Byculla women's prison in Mumbai, while her husband was released from the Arthur Road jail, the official said.
- Jan 10, 2023 10:58 AM IST
In a statement the company said Glenmark Pharmaceuticals Inc., USA (Glenmark) launched Bumetanide Injection of strengths of 1 mg/4 mL (0.25 mg/mL) single-dose vials and 2.5 mg/10 mL (0.25 mg/mL) multi-dose vials.
- Jan 10, 2023 10:56 AM IST
In 2021, the retail real estate had attracted only USD 77 million institutional investments because of an adverse impact of the COVID pandemic on the businesses in shopping malls.
- Jan 10, 2023 09:58 AM IST
Adani offered to pay 319.7 million rupees ($4 million) to financial creditors, compared with their ask for 16.58 billion rupees and 15.2 million rupees to employees, the person said, asking not to be identified as the details are private.
- Jan 10, 2023 08:39 AM IST
The next financial year is likely to be softer though the medium- to long-term outlook for the company remains positive
- Jan 10, 2023 07:59 AM IST
The electric E-LCV is priced at an ex-showroom price of Rs 9.99 lakh. The company is also providing a 5-year maintenance package, a dedicated response team, and a charging infrastructure ecosystem. CNBC-TV18 exclusively caught up with Girish Wagh, executive director of Tata Motors.
- Jan 09, 2023 02:36 PM IST
To achieve the goal, JSL has also created a position of Chief Sustainability Officer (CSO) and appointed Kalyan Kumar Bhattacherjee to the key post, Jindal said in a company statement.
- Jan 09, 2023 02:23 PM IST
India is emerging as Apple Inc.’s next manufacturing hub as assembly partners seek to add resilience to a supply chain heavily centered on China and shaken by its geopolitical and health challenges.
- Jan 09, 2023 01:30 PM IST
The combined production during the year-ago quarter was at 5.35 MT, JSW Steel said in a statement.
- Jan 09, 2023 01:06 PM IST
Instances of inappropriate conduct on flights have gone up in the recent past because airlines try to cover up such incidents due to their commercial interests, the experts said.
- Jan 09, 2023 12:55 PM IST
The Memorandum of Understanding (MoU) has been signed under the Invest UP Programme of the Uttar Pradesh Government, the steel pipes maker said in a statement.
- Jan 09, 2023 10:38 AM IST
The stock of IDBI has already zoomed 78 percent in the past 6 months in anticipation of the disinvestment
- Jan 09, 2023 07:24 AM IST
While Sharma isn’t classified as a promoter — Indian parlance for controlling shareholder — he has rights akin to one, including a potential permanent seat on the board, IiAS said in a note Friday.
- Jan 09, 2023 07:12 AM IST
The company’s careers page lists several different opportunities for workers in India, including business expert, “genius,” operations expert and technical specialist.
