TVS Motor Company has unveiled its premium electric crossover two-wheeler TVS X targeting the millennials and Gen Z population in India and abroad. Launched at an introductory price of Rs 2.50 lakh, the electric two-wheeler comes with a high-performance battery pack that delivers 4.44kWh of installed capacity of energy, acceleration of 0-40 kilometre per hour [...]
Lithium-ion battery recycling firm RecycleKaro on Thursday said it plans to invest Rs 100 crore for setting up a nickel plant in Maharashtra with a capacity to produce 1,200 tonnes of the metal annually. Spread across 17 acres of land, the upcoming facility at Palghar district of the state will incorporate a plant capable of [...]
IT company Coforge has launched a Gen AI platform designed to build enterprise AI capabilities, a release said on Thursday. Coforge Quasar comes pre-loaded with a set of 100 plus APIs, readily available for integration. "Featuring a modular and scalable architecture, Quasar boasts an array of 100 plus pre-built cognitive and generative use cases, facilitating [...]
Reliance Industries on Wednesday announced that Qatar Investment Authority (QIA), through a wholly-owned subsidiary, will invest Rs 8,278 crore into its retail arm Reliance Retail Ventures Limited (RRVL). "This investment values RRVL at a pre-money equity value of Rs 8.278 lakh crore," Reliance Industries said in a regulatory filing. RRVL, through its subsidiaries and associates, [...]
Hindustan Zinc signs Memorandum of Understanding with CSIR-CIMFR at the inaugural session of its 5-day long ‘One Week One Lab’ program, the brainchild of f Union Science and Technology Minister Dr Jitendra Singh • Along with various other mining giants, this MoU will develop and deliver sustainable cutting-edge technologies for social upliftment and industrial advancement [...]
The CBI has registered two separate cases against Varun Industries for alleged bank fraud of more than Rs 388 crore, officials said Wednesday. The company, its promoters and directors Kailash Agarwal and Kiran Mehta were booked in the two fresh cases registered on separate complaints from the Central Bank of India and Canara Bank, they [...]
Realty firm Shriram Properties Ltd (SPL) and ASK Property Fund on Wednesday announced a joint investment of Rs 206 crore in a residential project in Chennai. The joint investment is "towards 100 per cent of development rights in an ongoing project in Chennai, through SPL's wholly owned subsidiary Shrivision Elevations Pvt Ltd." The project acquisition [...]
India's top gas firm GAIL (India) Ltd plans to invest Rs 30,000 crore in the next three years as it expands petrochemical capacity and scouts for LNG supplies globally, its chairman Sandeep Kumar Gupta said on Wednesday. The nation's top gas marketing and transportation firm is looking at liquefied natural gas (LNG) as a transport [...]
JB Chemicals & Pharmaceuticals on Wednesday said it has received approval from the US health regulator to market a generic product, used to treat mood disorders, in the American market. The company has received approval from the US Food and Drug Administration to market Doxepin Hydrochloride capsules in strengths of 10 mg, 25 mg, 50 [...]
Shares of TVS Supply Chain Solutions Ltd, part of TVS Mobility Group, began the trade with a premium of over 5 per cent against the issue price of Rs 197 on its debut trade on Wednesday. The stock listed at Rs 206.30, up 4.72 per cent from the issue price on the BSE. It later [...]
