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Tata Power Renewable Energy joins together with Dugar Power and enters the Nepali market

Tata Power Renewable Energy joins together with Dugar Power and enters the Nepali market

On Thursday renewables solution provider Tata Power Renewable Energy said that it has collaborated with Nepalese firm Dugar Power to accelerate Nepal's renewable energy initiatives. According to a statement, this tie-up heralds TPREL's strategic entry into Nepal's rapidly evolving renewable energy sector and sets the stage for a quantum leap in accelerating Nepal's shift toward [...]
EMS Ltd shares jump nearly 34% in debut trade

EMS Ltd shares jump nearly 34% in debut trade

On Thursday shares of water and sewerage infra solutions player EMS Ltd listed with a premium of nearly 34 per cent against the issue price of Rs 211. The stock started trading on the BSE at Rs 281.55, a jump of 33.43 per cent. Later, it increased by 36.82% to Rs 288.70. At the NSE, [...]
The Canada-based associate firm of M&M winds up

The Canada-based associate firm of M&M winds up

On Thursday Mahindra & Mahindra said its Canada-based associate firm Resson Aerospace Corporation has ceased to exist. The automaker from Mumbai owned 11.18 per cent of the company that had requested a voluntary winding-up. "Resson has received a Certificate of Dissolution from Corporations Canada dated September 20, 2023, which was informed to the company," Mahindra [...]
Goldman Sachs settles a Sebi FPI guidelines violation case for Rs. 26.44 lakh.

Goldman Sachs settles a Sebi FPI guidelines violation case for Rs. 26.44 lakh.

After contributing Rs 26.44 lakh toward the settlement sum, Goldman Sachs (Singapore) Pte settled with capital markets regulator Sebi a matter involving some inconsistencies in the monthly ODI (offshore derivative instruments) reporting. The order came after Goldman Sachs, a registered Foreign Portfolio Investor (FPI) that deals in off-shore derivative instruments, proposed to settle the alleged [...]
Godrej Properties raises Rs 1,160 Cr Through the issue of NCDs on a private placement basis

Godrej Properties raises Rs 1,160 Cr Through the issue of NCDs on a private placement basis

On Wednesday Realty firm Godrej Properties said that it has raised Rs 1,160 crore through the issue of non-convertible debentures on a private placement basis. The company said the allotment committee of the Board of Directors approved the allotment of the Non-Convertible Debentures (NCDs). In a regulatory filing. Godrej Properties said the company has allotted [...]
Infosys and NVIDIA Collaboration to Help Businesses Boost Productivity with Generative AI

Infosys and NVIDIA Collaboration to Help Businesses Boost Productivity with Generative AI

Infosys a global leader in next-generation digital services and consulting, and NVIDIA today announced that they have expanded their strategic collaboration with the aim to help enterprises worldwide, drive productivity gains with generative AI applications and solutions. The expanded alliance will provide Infosys Topaz, an AI-first suite of services, solutions, and platforms that accelerate business [...]
After inspection, the USFDA issued 1 observation to the Aurobindo Unit’s Andhra plant

After inspection, the USFDA issued 1 observation to the Aurobindo Unit’s Andhra plant

On Wednesday Aurobindo Pharma said that the US health regulator has issued a Form 483 with one observation after inspecting a formulation production facility of its unit in Andhra Pradesh.  The US Food and Drug Administration (US FDA) inspected Unit IV of APL Healthcare Ltd, a wholly-owned subsidiary of the company, in Tirupati district of [...]