Jaguar Land Rover (JLR), owned by Tata Motors, has announced a £500 million ($669 million) investment to retool its Halewood plant in England, setting the stage for manufacturing electric SUVs. This major retooling will position the plant to start producing electric SUVs, as JLR transitions towards an all-electric future. Halewood’s Electric Shift JLR has already …
Established in over 80 countries, Cipla Ltd. is widely recognized for manufacturing affordable, high-quality generic medications. They also conduct research and development to bring innovative treatments to market. Their objective is to make healthcare more accessible and affordable for everyone on the planet. In the pharmaceutical industry, Cipla is still a leader committed to improving …
Vedanta Limited is one of the largest mining companies in India, with a strong presence in the global market as well. The company has a reputation for its sustainable mining practices and commitment to environmental conservation. With a diverse portfolio of minerals and metals, Vedanta plays a crucial role in driving economic growth and development …
Hindustan Copper Limited (HCL), India’s first public-sector copper producer and a major player in the industry, is making some changes. In a board meeting yesterday, September 25, 2024, the directors approved the sale of the Copper Ore Tailing (COT) Beneficiation Plant at the Malanjkhand Copper Project. This is part of HCL’s plans to streamline its …
National Company Law Tribunal Approves IDFC Merger: A Significant Step for IDFC First Bank The National Company Law Tribunal (NCLT) has given its approval for the merger of IDFC Financial Holdings Company Limited with IDFC Limited, which will subsequently merge into IDFC First Bank. This development was officially reported by IDFC to the stock exchanges …
On September 25, 2024, Bharti Airtel introduced India’s first AI-powered spam detection system to tackle the problem of spam calls and messages. This innovative tool will notify customers in real time about potential spam calls and SMS. It’s the first solution of its kind from a telecom provider in India and is completely free. All …
In 2007, Mr. Roopesh Kumar Gupta, the Managing Director and Promoter, proudly established Hariom Pipe Industries Limited in remembrance of the late Shri. Hariom Gupta Ji, a trailblazing figure in the steel industry since 1962. This great legacy has been painstakingly maintained by the second generation, under the direction of Shri Rakesh Gupta Ji. Under …
Shares of Easy Trip Planners (EaseMyTrip) took a hit today, sliding to a 52-week low of Rs.34.72. This came after reports surfaced that promoter Nishant Pitti was likely selling up to 8.5% of his stake in the company through a block deal, valued at around Rs.622 crore. A total of 4.6 crore shares, representing 2.6% …
On September 25, 2024, Man Infraconstruction Limited (MICL) announced that it had achieved a significant milestone by securing the Occupancy Certificate (OC) for the F-wing of its prestigious “Atmosphere O2” project in Mulund West, Mumbai, within approximately 3.5 years of its launch. This accomplishment highlights MICL’s consistent track record, having successfully delivered 2.8 million square …
HDFC Life Insurance Company Ltd. has announced its plan to raise Rs.2,000 crore through non-convertible debentures (NCDs). The company’s Capital Raising Committee (CRC) is scheduled to meet on September 27, 2024, to approve the commercial terms of the issuance, which was first announced in July. This follows the board’s approval on July 15 to raise …
