Taiwanese electronics manufacturing giant Foxconn sees the potential of investing several billions of dollars in India if it gets to completely implement its plan, a top official of the company said. Hon Hai Technology Group (Foxconn) Chairman and CEO Young Liu during the company's second-quarter earnings call on Friday said that the company's Indian arm [...]
State-owned Punjab & Sind Bank plans to double its ATM network to about 1,600 in the next two years to increase its touch points and brand visibility. Besides, the bank also intends to open 50 more branches during the current financial year taking the total network beyond 1,600, Punjab & Sind Bank managing director Swarup [...]
Shares of Adani group firms fell on Monday after Deloitte resigned as auditor of the group's port company. Deloitte has resigned as auditor of the Adani group's port company, with the firm run by billionaire Gautam Adani saying the auditor wanted a wider remit over other companies in the conglomerate following the report of a [...]
The initial share sale of stainless steel flexible hose manufacturer Aeroflex Industries Ltd will open for public subscription on August 22. The initial public offering will conclude on August 24 and the bidding for anchor investors will open on August 21, according to the red herring prospectus (RHP). The IPO consists of a fresh issue [...]
On the 12th of November 1981, Ramkrishna Forgings Limited was established on a foundation of honesty and blazing ambition. The company provides goods and services to a variety of industries, including those in India and other countries as well as the automotive, railroad, farm equipment, bearings, oil & gas, power, and construction industries. Home-grown Ramkrishna [...]
The largest automobile battery producer in India, Amara Raja Batteries Limited, exports to more than 50 countries and provides vehicle batteries to the aftermarket, the best original equipment manufacturers (OEM), and private labelling. Amara Raja Batteries Limited (ARBL) on Friday held the foundation stone laying ceremony of Amara Raja's advanced energy research and innovation centre [...]
In the global market for high-end speciality chemicals, Vikas Ecotech is a rising participant. The business is committed to meeting consumer needs and providing the globe with items that are technologically advanced and eco-friendly. Recycling player Vikas Ecotech Ltd (VEL) on Friday announced bagging a Rs 50-crore order for the supply of multiple materials including [...]
ITC Limited is a multinational with its main office in Kolkata. ITC is present in a variety of sectors, including FMCG, hotels, software, packaging, paperboards, speciality papers, and agro. 13 enterprises across 5 market areas make up the organization. It exports its goods to 90 different nations. Diversified conglomerate ITC Limited on Friday said the [...]
Aditya Birla Group flagship Hindalco Industries, and Texmaco Rail & Engineering on Thursday entered into a strategic alliance and announced a Rs 200 crore investment to develop and manufacture aluminum rail wagons and coaches that will help the Railways achieve emission goals and boost operating efficiency. The companies are identifying land in the Eastern region [...]
Fast moving consumer goods major Godrej Consumer Products Ltd will invest Rs 515 crore in Tamil Nadu to set up a manufacturing facility and signed a memorandum of understanding with the state government on Thursday. "We aspire to develop this factory as a lighthouse unit and strive to be among the first few factories in [...]
