The Maharashtra government has taken firm steps against Ola Electric Mobility Ltd., directing regional transport offices (RTOs) to shut down any store or service centre operating without a valid trade certificate. This move marks a broader regulatory crackdown on the Bengaluru-based electric vehicle manufacturer. RTOs were instructed to act within a day and report closures, …
Tata Motors has announced a landmark achievement for FY25, with the filing of 250 patents and 148 design applications, marking the company’s highest number of filings in a single financial year. This significant milestone underscores Tata Motors’ ongoing emphasis on research, innovation, and the development of advanced technologies that align with global automotive trends. The …
On April 21, 2025, Hindustan Unilever Limited (HUL) officially announced the completion of its acquisition of Uprising Science Private Limited. Following approval from the Competition Commission of India, the deal cements Uprising’s status as a subsidiary of HUL through a significant financial transaction. Completion of the Acquisition Process Hindustan Unilever Limited had previously disclosed, through …
Brigade Enterprises Limited has signed a landmark Joint Development Agreement (JDA) for its first plotted development project in Malur, East Bengaluru. This strategic move reflects the company’s intent to expand into emerging residential corridors supported by robust infrastructure and connectivity. Strategic Land Acquisition and Project Details The Brigade Group has secured approximately 20 acres of …
Gandhar Oil Refinery (India) Ltd. has signed a non-binding Memorandum of Understanding (MoU) with Jawaharlal Nehru Port Authority (JNPA) on April 21, 2025. The MoU concerns potential collaboration for the development of a terminal at the upcoming Vadhvan Port. As of 12:24 PM on April 22, 2025, Gandhar Oil Refinery (India) share price was trading …
Reliance Industries Ltd. (RIL) has made large purchases of government securities from the secondary market, reportedly amounting to ₹7,000-₹10,000 crore during the second week of April. This activity followed the Reserve Bank of India’s (RBI) monetary policy update on April 9, where the central bank cut the policy repo rate. The buying is seen as …
On April 21, 2025, Tata Motors entered into a power purchase agreement (PPA) with Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, to jointly set up a 131 MW wind-solar hybrid renewable energy project. Project Capacity and Scope The hybrid project will supply energy exclusively to Tata Motors’ six manufacturing facilities located …
DCX Systems Limited signed a Joint Venture Agreement on April 21, 2025, with ELTA Systems Ltd, a subsidiary of Israel Aerospace Industries (IAI), along with its group companies. The agreement covers the formation of a joint venture company (JVC) in India. As of 12:52 PM on April 22, DCX Systems share price was trading at …
Nureca Limited has received formal approval from the Department of Industries & Commerce, Government of Punjab (Invest Punjab), to set up a new manufacturing facility in Village Sundra, Sub-Tehsil Zirakpur, District SAS Nagar, Punjab. The approval has been granted under the Industrial and Business Development Policy (IBDP) – 2022. Manufacturing Focus The new unit will …
On April 22, 2025, the board of directors of Page Industries Ltd., the parent company of Jockey India, has scheduled to conduct its Board meeting on May 15 to discuss and approve the results for Q4FY25 and FY25 and to consider the final dividend for the financial year 2025. Page Industries Dividend History Ex-Date Dividend Type …
