Rane Holdings Ltd has announced a significant move towards acquiring the remaining 51% equity stake in Rane NSK Steering Systems Private Limited (RNSS) from its joint venture partner, NSK Ltd, Japan. This decision, approved by the Board of Directors on July 1, 2024, marks a strategic consolidation within the auto component industry. RNSS is currently …
Rane Holdings Ltd has announced a significant move towards acquiring the remaining 51% equity stake in Rane NSK Steering Systems Private Limited (RNSS) from its joint venture partner, NSK Ltd, Japan. This decision, approved by the Board of Directors on July 1, 2024, marks a strategic consolidation within the auto component industry. RNSS is currently …
Since 2008, eMudhra Limited, which is licensed under the Information Technology Act of India, has been issuing digital signature certificates in India. eMudhra provides a range of solutions to Indian consumers, with a large user base consisting of individuals, corporations, banks, government organizations, and small and medium businesses. eMudhra provides a range of services that …
Vedanta Resources, led by billionaire Anil Agarwal has announced it is set to regain control of Zambia’s Konkola Copper Mines (KCM) following a Zambian court’s approval of a debt settlement plan, it comes as Vedanta prepares to ramp up copper output in response to increasing global demand. Legal and Financial Struggles KCM was placed under …
Asian Paints, one of India’s leading paint companies, has recently announced a significant expansion of its manufacturing capacity at the Mysuru plant. This expansion is a strategic move to meet the growing demand for their products in the medium term. Here’s a breakdown of what this development means for the company and its stakeholders. Background …
Titan Company, a Tata Group enterprise, has announced its expansion into Bangladesh by launching its famous jewellery brand, Tanishq as a part of Titan’s broader international growth plans. The expansion will be facilitated through a joint venture with Rhythm Group, a prominent Bangladeshi company with the establishment of a manufacturing facility in Narayanganj, Bangladesh. Joint …
Godrej Properties Ltd (GPL), a leading name in Indian real estate development, has unveiled plans for a significant new project in Pune’s flourishing IT hub, Hinjewadi. This exciting development signifies GPL’s continued commitment to creating high-quality living and shopping experiences for India’s growing urban population. Prime Location with High Demand The project will be situated …
Udupi Cochin Shipyard Limited (UCSL), a subsidiary of India’s leading shipyard Cochin Shipyard Limited (CSL), has secured a significant international order from Wilson ASA, a leading Norwegian shipping company. Key Points Order for 8 Cargo Vessels: The agreement entails the design and construction of eight 6300 Deadweight Tonnage (DWT) dry cargo vessels. Follow-Up Order: This …
Manorama Industries Ltd announced on July 1, 2024, through a stock exchange filing, the commencement of commercial production at their new state-of-the-art fractionation plant. This facility boasts a substantial capacity of 25,000 tonnes per annum (TPA), effectively increasing the company’s total fractionation input capacity to 40,000 TPA. This development marks a significant enhancement in Manorama …
Neogen Chemicals Limited, a prominent Indian manufacturer with over 35 years of expertise in Bromine-based and Lithium-based specialty chemicals, has expanded into Lithium-Ion Battery materials production via its wholly owned subsidiary, Neogen Ionics Limited. The company informed the stock exchanges that Mr Haridas Kanani, Chairman and Managing Director, an IIT Bombay Chemical Engineering graduate with …
