LiveVedanta to Have a New World Class Tech Partner for Semiconductor Unit
On Friday, Anil Agarwal, Chairman of Vedanta, said that the company had found a new world-class tech partner for its semiconductor unit in India. During...
Category : BUSINESS
Adani Enterprises’ Subsidiary Raises Rs 3,230 Crore From Barclays and Deutsche Bank
A wholly owned subsidiary of Adani Enterprises, Adani New Industries Ltd (ANIL), has raised a trade finance facility of $394 million or Rs 3,231 crore...
Indus Tower Q1 Report; Net Profit Increases 3-Folds
India’s leading passive telecom provider, Indus Tower reported a consolidated net profit of Rs 1,348 crore for the quarter ending on June 30; the company...
Indian Hotels Q1 Report; Net Profit Jumps 31% to Rs 222 Crore
Tata Group-backed hospitality chain Indian Hotels Company has reported a 30.58% rise in Net profit at Rs 222 crore for the quarter ending in June...
Welspun Enterprises Board Approved Stake Purchase in Michigan Engineers
On July 27, Welspun Enterprises signed a stake purchase agreement with Sansaar Housing Finance, Autumn Investments and Infrastructure, and Michigan for a 50.10% stake purchase...
Nestle Q1 Report; Net Profit Shoots up by 37% to Rs 698.34 Crore
On Thursday, 27 July, Nestle India reported a 36.8% increase in consolidated net profit at Rs 698.34 crore for the first quarter of the current...
Jio Financial and BlackRock to Join Hands to Form Asset Management JV
The demerged financial lending arm of the Reliance conglomerate, Jio Financial Services Limited (JFS) and BlackRock, the world’s largest asset manager, have joined hands to...
Foxconn Unit to Invest $200 Million in The State of Tamil Nadu
A Foxconn subsidiary is in talks to invest $200 million in the state of Tamil Nadu to build a net plant for electronic components in...
H&M Files Lawsuit Against Shein Over Copyright Infringement
Hennes & Mauritz (H&M), a Swedish fashion brand, has filed a lawsuit against fashion retailer Shein for alleged copyright infringement in Hong Kong. The brand...
Hitachi Energy India June Quarter Report; Net Profit Jumps 80%
Hitachi Energy India Ltd (HEIL) on July 25 posted a 79.85% increase in net profit at ₹2.41 crore for the first quarter of the current...