LiveGMR Power, Urban Infra Board Approves Raising of Up to Rs 3,000 Crore Via Securities
GMR Enterprises subsidiaries GMR Power and Urban Infra said their boards had approved the issuance of securities to raise to Rs 3,000 crore. The approval...
Category : BUSINESS
Nippon Steel Plans to Twice Indian Unit’s output Capacity
Nippon Steel Corp plans to double crude steel output capacity at its India’s Hazira plant to secure more of the growing market. It is done...
Micron to Invest $15 Billion by 2030 on Semiconductor Plant in Idaho’s Boise
Micron Technology will invest about $15 billion over the next ten years in a new memory-chip manufacturing facility in Boise, Idaho. The investment is likely...
India’s First Indigenous Cervical Cancer Vaccine to be Available Soon
India’s first locally produced quadrivalent human papillomavirus (HPV) vaccine against cervical cancer will be available within months. The vaccine will be available to people for...
Despite Investment of $6.5 Billion, Profit Stays Elusive for Amazon India: Bernstein
According to the report by Bernstein, the US-based research group, Amazon is lagging behind its competitor Flipkart in the Indian E-commerce race, as the company...
M&M Records Sales of 59,049 Vehicles in Aug 2022
The auto sale of August 2022 of Mahindra & Mahindra (M&M) stood at 59,049 vehicles, significantly higher than the 30,585 vehicles sold in August of...
OkCredit Up for Sale as Bid for New Capital Injection Fails
Psi Phi Global Solutions Pvt Ltd is powered by Tiger Global which owns the OkCredit brand and will be sold after failing to raise fresh...
Sony-Zee Merger Needs More Scrutiny, Says CCI
A merger in the middle of the Indian unit of Japanese Sony and India’s Zee Entertainment to generate a $10 billion enterprise is likely to...
Skoda Reports 10% Rise in August Sales
On Thursday, Skoda Auto reported that its wholesales have increased to 4,222 units (by 10 per cent) in August compared to the last year. Skoda...
Stake Sale to Adani Needs Approval from Tax Authorities, Says NDTV
New Delhi Television Ltd said its founder’s sale of a major stake to Adani Group required approval from India’s tax authority, adding another hurdle to...