New Delhi, Jan 15 (PTI) RIL subsidiary Reliance New Energy Solar, Hyundai Global Motors, Ola Electric, Mahindra & Mahindra and Larsen & Toubro are among the 10 firms that have submitted bids under the Rs 18,100 crore production linked incentive (PLI) scheme for Advanced Chemistry Cell (ACC) battery storage, the government said on Saturday. A [...]
New Delhi, Jan 15 (PTI) Future group's stake in Amar Chitra Katha Pvt Ltd (ACKPL) has increased to 68.72 per cent post conversion of debentures into equity. After the conversion, Future Consumer Ltd holds a majority stake in ACKPL, the publishers of Amar Chitra Katha comics, said a regulatory filing by the Future group firm. [...]
New Delhi, Jan 15 (PTI) The Confederation of All India Traders (CAIT) on Saturday said its Secretary General Praveen Khandelwal has resigned as a member of ONDC Advisory Council. The council has been constituted to advise the government on measures needed to design and accelerate adoption of Open Network for Digital Commerce (ONDC). The Department [...]
Jubilant FoodWorks (JFL), a master franchise of brands such as Domino's and Dunkin' Donuts, on Friday said its board will next month consider a proposal of splitting the equity shares of the firm. The board, in its scheduled meeting to be held on February 2, 2022, will consider a proposal for "alteration in the capital [...]
Megha Engineering and Infrastructures Ltd (MEIL) walked away with the most 15 licences to retail CNG to automobiles and piped cooking gas to households in the latest city gas bidding round, while a joint venture of billionaire Gautam Adani's gas arm and Total of France got 14 licences. According to the results of the bid [...]
New Delhi, Jan 14 (PTI) Sequent Scientific, an animal health firm, on Friday said it has appointed Rajaram Narayanan as MD and CEO for five years, with effect from April 11, 2022. Narayanan replaces Manish Gupta who has put in his papers. The company's board, pursuant to the recommendation by the nomination and remuneration committee, [...]
New Delhi, Jan 14 (PTI) The country's largest two-wheeler maker Hero MotoCorp on Friday said its board has approved to further invest up to Rs 420 crore in electric two-wheeler company Ather Energy. The company's board has approved the investment in one or more tranches, Hero Motocorp said in a statement. Prior to the proposed [...]
New Delhi, Jan 14 (PTI) Sterlite Power on Friday said that it has completed the transfer of its ownership in IndiGrid Investment Managers Ltd (IIML) to Electron IM Pte Ltd, an affiliate of KKR & Co Inc. The ownership transfer has been effected as per the amended and restated shareholders agreement entered between Sterlite Power [...]
New Delhi, Jan 14 (PTI) Hinduja Group's headend-in-the-sky platform NXTDIGITAL Ltd (NDL) on Friday said it has completed a Rs 69.30-crore transaction for the sale of a land parcel held by it in Hyderabad. The sale agreement was signed and registered with the appropriate authorities in Hyderabad on Thursday and the balance consideration was received, [...]
New Delhi, Jan 14 (PTI) Imagine Marketing, the parent company of earwear brand boAt, on Friday said it will acquire Singapore-based KaHa Pte, an end-to-end smart IoT product development company, for an undisclosed amount. It has signed a definitive agreement to acquire KaHa, a move that will help to create next-generation IoT-enabled wearable products and [...]
