Nawaz Modi Singhania has stepped down as Director on the Board of Raymond Restricted, efficient March 19, 2025, in line with an organization announcement launched at the moment. In an announcement, Raymond’s Chairman and Managing Director Gautam Singhania acknowledged her contributions, saying, “We thank Ms. Nawaz Modi Singhania for her providers as a Board member through the years.”
Adani Enterprises’ subsidiary, Kutch Copper Restricted (KCL), has fashioned a three way partnership with Praneetha Ventures Personal Ltd, named Praneetha Ecocables Restricted (PEL). Registered with the Registrar of Firms in Ahmedabad, the PEL was integrated on March 19, 2025, and will give attention to manufacturing, advertising, and distributing steel merchandise, cables, and wires. Each KCL and Praneetha Ventures maintain equal stakes within the enterprise, with a certified capital of ₹10 lakh. The three way partnership will specialise within the manufacturing, advertising, and distribution of steel merchandise, cables, and wires.
IREDA launches First Ever Perpetual Bonds to lift Rs. 1247 Crore and obtained Rs. 24.48 crore tax refund from the Revenue tax division
SBFC Holdings Pte, one of many promoters of non-banking monetary firm SBFC Finance, on Wednesday divested an almost 1.3 per cent stake within the firm for Rs 112 crore via an open market transaction. In line with the majority deal knowledge on the Nationwide Stock Alternate (NSE), SBFC Holdings Pte offered over 1.36 crore shares at a mean value of Rs 82.
UltraTech Cement has ramped up its manufacturing capability by 1.2 million tonnes every year (MTPA) as a part of its ongoing growth technique. The corporate achieved this by optimizing operations and debottlenecking at a number of vegetation
Trent knowledgeable the exchanges that Booker India Restricted, a subsidiary of the Firm, has entered right into a Share Buy Settlement with Trent Hypermarket Personal Restricted (THPL) and THPL Help Providers Restricted (TSSL) for acquisition of 100% of the fairness share capital of TSSL from THPL. for Rs 166.36 crore.
Ashok Leyland has arrange its plant in Mallavalli Mannequin Industrial Park, Vijayawada, in Andhra Pradesh. The plant will have a capability to make 4,800 buses every year. It will be a brand new milestone not just for Ashok Leyland, but in addition for Andhra Pradesh.
Honest commerce watchdog CCI on Wednesday mentioned it has sought public feedback on Bharat Forge Ltd’s proposed acquisition of AAM India Manufacturing Company Pvt Ltd after prima facie concluding that the transaction might adversely influence competitors. In October final yr, Bharat Forge sought the Competitors Fee of India’s (CCI) approval for the buyout of AAM India Manufacturing Company.
ZIM Laboratories Restricted (the Firm) is a research-driven Pharmaceutical firm that develops, manufactures, and provides differentiated generic merchandise in oral stable dosage varieties throughout key therapeutic segments. The Firm has state-of-the-art in-house R&D capabilities to supply progressive drug supply options utilizing proprietary know-how platforms, aiming to reinforce affected person comfort and remedy adherence
TCS on Wednesday introduced that it has bagged a five-year digital infrastructure modernisation deal from Air New Zealand. Monetary particulars of the deal had been, nonetheless, not disclosed
The Dugda Coal Washery of Coal India Ltd (CIL) has grow to be the primary venture of its type to finish the monetisation course of, an official assertion mentioned on Wednesday. The coal washery, with a capability of two million tonnes (MT), is positioned at Bokaro in Jharkhand, the Ministry of Coal mentioned in an announcement.
CanFIn Houses infomred the exchanges that Apurav Agarwal, Chief Monetary Officer (CFO) and Key Managerial Personnel (KMP) has been relieved from the providers with impact from March 19 on submission of resignation attributable to private causes. The corporate has already intimated concerning the appointment of Prashanth Joishy because the Interim CFO.
The board of NHPC has thought of and permitted borrowing plan for elevating of debt upto ₹6,300 crore throughout FY 2025-26 via secured/unsecured, redeemable, Taxable, Non-Cumulative, Non- Convertible Company Bonds in a number of Collection/ Tranches on non-public placement foundation and/or elevating of Time period Loans/ Exterior Industrial Borrowings (ECB) in appropriate.
Hyundai Motor India Ltd (HMIL) has introduced a value improve of as much as 3 per cent throughout its automobile lineup, efficient April 1, 2025. The corporate attributed the hike to rising enter prices, elevated commodity costs, and better operational bills. “The extent of the worth hike will range relying on the mannequin and variant,” HMIL mentioned in an announcement.
IT providers corporations Wipro, Tech Mahindra, and L&T Expertise on Wednesday introduced particular person partnerships with chipmaking large Nvidia for AI-based options for numerous industries. These software program corporations are showcasing the options leveraging Nvidia applied sciences on the US-based chip main’s ongoing annual GPU Expertise Convention (GTC) in California.
The board of Bajaj Electricals has permitted incorporation of and funding in an entirely owned subsidiary (WOS) within the United Arab Emirates to increase the corporate’s worldwide footprint and improve enterprise alternatives within the Center East and different untapped markets, . The board has additionally permitted a proposal to discover the probabilities, alternatives, feasibility of establishing the corporate’s manufacturing unit at an acceptable location in India, holding an estimated Capex of ₹300 crore
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