• To roll out its first product ozone-free air purifier, ion Dome for neutralising viruses • To launch a range of safe, affordable and innovative products to empower people with healthy lifestyle MUMBAI, India, Jan. 17, 2022 /PRNewswire/ -- Dhoot Transmission Pvt. Ltd. (DTPL), a global automotive components manufacturer with presence in six countries, has [...]
New Delhi, Jan 17 (PTI) Cloud-tech HR venture ZingHR on Monday said it has raised USD 10 million (about Rs 74.2 crore) from Tata Capital Funds that will give the latter a 33 per cent stake in the company.ZingHR will use the funding for expansion into more global markets, upgrade technology and scale up its [...]
New Delhi, Jan 17 (PTI) Tata Power Renewable Energy Ltd (TPREL) has commissioned two solar power projects of 50 MW each in Uttar Pradesh. A subsidiary of Tata Power, TPREL has comissioned the solar projects at Prayagraj and Banda, a statement said on Monday. The projects have been completed by TPREL within the agreed timelines [...]
Mumbai, Jan 17 (PTI) Global auto component major ZF on Monday announced the start of its commercial vehicle solutions (CVS) division, which combines the company's former commercial vehicle technology and commercial vehicle control systems divisions into one, with effect from January 1. Commercial Vehicle Control Systems was formed following the acquisition of WABCO in May 2020. [...]
New Delhi, Jan 17 (PTI) Leading cement maker UltraTech Cement on Monday announced a capital expenditure (capex) of Rs 965 crore for its modernisation and to almost double the production capacity of its white cement brand Birla White. The Aditya Birla Group company plans to increase the capacity of Birla White from the current 6.5 [...]
New Delhi, Jan 17 (PTI) Vishwaraj Sugar Industries Ltd (VSIL) will invest Rs 250 crore to set up a new ethanol plant in Karnataka. At present, VSIL has a sugarcane crushing capacity of 11,000 tonnes per day, distillery capacity of 1 lakh litres per day, co-generation capacity of 36.4 MW, and vinegar manufacturing capacity of [...]
The Hinduja Global group sold its healthcare division for Rs. 8,000 crores and declared a dividend of Rs. 150 per share, recently. The shareholders were unhappy with the amount and the share price plunged by more than 20% on January 7th.Its board approved a Rs. 1,000 crore buyback to soothe its shareholders. Further, it announced the [...]
New Delhi, Jan 17 (PTI) Larsen & Toubro (L&T) on Monday said that its heavy engineering arm has flagged off five critical renewable diesel reactors to North America's largest renewable diesel producer Diamond Green Diesel (DGD), two weeks ahead of the contractual delivery date. DGD is a joint venture of Darling Ingredients Inc and Valero [...]
- Two Executive Directors join Colliers in Karnataka to lead its Greenfield projects BENGALURU, India, Jan. 17, 2022 /PRNewswire/ -- Leading diversified professional services and investment management firm Colliers (NASDAQ: CIGI) (TSX: CIGI) today announced the appointment of two Executive Directors who joined its Project Management business in Karnataka to lead Greenfield projects within the [...]
New Delhi, Jan 17 (PTI) Student housing startup Your-Space has raised USD 10 million (around Rs 75 crore) from a clutch of investors for the expansion and growth of its business.The company has raised the amount in Series-A funding through a combination of pure equity and convertible debentures, Your-Space said in a statement.The funding round [...]
