STL Ltd, a leading optical and digital solutions company, today, announced a partnership with a public sector entity. In this multi-year agreement, STL will design, build, commission, and maintain 2 data centre facilities, with service deployment across multiple network sites across India. Datacenter investments are expected to accrue benefits to companies to STL in the [...]
PNB Housing Finance expects a 22% growth in fresh loan sales this fiscal, according to a top executive. The company, promoted by Punjab National Bank, has an aggressive growth plan and has set an internal target of crossing the Rs 1 lakh crore-mark on the assets side in the next three to three-and-a-half years. In [...]
Mahindra & Mahindra on Thursday said Singapore's sovereign investment firm Temasek will invest Rs 1,200 crore in its four-wheeler passenger electric vehicles arm -- Mahindra Electric Automobile Ltd. Earlier this year M&M announced its plans to launch 16 EVs by FY2028 and that it expects a 15-20% CAGR by FY2025 consolidated basis. It stated its [...]
Ipca Laboratories announced yesterday that it has completed the acquisition of a 33.38% stake in Unichem for Rs 945.35 crore. Last week, Ipca got approval from the Competition Commission of India (CCI) for a 59.38% stake purchase in listed Unichem Laboratories. "Post receipt of approval of CCI, the company has acquired 2,35,01,440 fully paid-up equity [...]
A government-owned coal mining corporation is called Coal India Ltd. (CIL). It produces coal and items made from coal. Coking coal, semi-coking coal, non-coking coal, hard coal, washed and beneficiated coal, coal fines, heavy oil, and coke are among the company's product offerings. The business runs mixed mines, underground mines, and open-pit mines. Products from [...]
Tamil Nadu-based NLC, under the ministry, operates three opencast lignite mines with a total installed capacity of 30 million tonnes per annum (MTPA) at Neyveli, another opencast lignite mine at Barsingsar in Rajasthan with an installed capacity of 2.1 MTPA and an opencast coal mine at Talabira in Odisha with an installed capacity of 20 [...]
Glenmark was established with the goal of becoming a preeminent, fully integrated, international pharmaceutical firm. The company's branded generics division is well-established in emerging market markets like India. The generics industry serves the needs of developed markets like the United States and Western Europe. The company's API division sells its goods in more than 65 [...]
Sewage solution provider EMS Limited is in the business of providing sewerage solutions, water supply systems, water and waste treatment plants, and water supply scheme projects for government authorities, among others. EMS on Wednesday, said it currently has an order book of nearly Rs 1,500 crore and will focus on securing more government contracts that [...]
The Bengaluru-based Vistaar, founded by Brahmanand Hegde and Ramakrishna Nishtala in 2010, has so far funded over 2 lakh small businesses across 12 states since inception and has a loan book of Rs 3,100 crore. Vistaar has more than 40,000 customers. Its average ticket size is about Rs 10 lakh and it covers business and [...]
Brookfield India REIT is among four listed Real Estate Investment Trusts (REIT) on Indian stock exchanges. Its portfolio comprises five large campus format office parks located in Mumbai, Gurugram, Noida, and Kolkata. The portfolio consists of 18.7 million square feet comprising 14.3 million square feet of completed area, 0.6 million square feet of under construction [...]
