Tata Motors on Tuesday announced increasing the prices of commercial vehicles by up to 5 per cent from April 1. The price increase comes in the wake of the implementation of the more stringent BS-VI phase II emission norms from next month, it said. The price increase will be applicable across the entire range of [...]
India's housing sector is witnessing probably the "biggest boom" in the last one and half decade driven by various factors such as affordability and customers aspiration to own homes, HDFC Capital Advisors Managing Director and CEO Vipul Roongta said on Tuesday. Addressing a real estate summit organised by FICCI, he noted that the residential real [...]
Engineering and construction conglomerate Larsen & Toubro (L&T) on Tuesday said it has bagged major orders in the range of Rs 5,000 crore to Rs 7,000 crore for its hydrocarbon business. The scope of work comprises engineering, procurement, construction and installation of offshore structures and upgradation of existing facilities. "The hydrocarbon business...of Larsen & Toubro [...]
Omnichannel travel services firm Thomas Cook India and its group company SOTC Travel on Tuesday partnered with LTIMindtree to launch 'Green Carpet', a global platform that will help companies to monitor and manage their business travel emissions. Markets regulator Sebi has mandated the top 1,000 listed companies in India by market capitalisations to make filings [...]
NTPC Renewable Energy Ltd (NTPC REL), an arm of NTPC Ltd, has signed an agreement with the Indian Army for the implementation of green hydrogen projects in armed forces establishments. Under the MoU (memorandum of understanding) with the Army, a joint identification of potential sites would be undertaken for setting up of green hydrogen projects [...]
India has exploited 29 per cent of its hydropower potential against over 80 per cent and 70 per cent developed by the US and European Union respectively, Parliament was informed on Tuesday. As per the Reassessment Study carried out by the Central Electricity Authority (CEA) during 1978-1987, the assessed hydropower potential in the country is [...]
Amplus Solar on Tuesday said it aims to set up 7.5 KPTA-distributed green hydrogen plants in Andhra Pradesh with an estimated investment of Rs 1,500 crore. To materialise its plans, the company has also entered into an agreement with the Andhra Pradesh government to set up various distributed green hydrogen plants in the state, Amplus [...]
Turkish Airlines is looking for cooperation with Air India as the carrier looks to expand in the Indian market, a top executive said on Tuesday. At present, Turkish Airlines is closely cooperating with IndiGo, including a codeshare partnership. Turkish Airlines CEO & Board Member Bilal Eksi pitched for more cooperation with Indian carriers and said [...]
Bank of Baroda promoted IndiaFirst Life Insurance Company (IndiaFirst Life) has received capital markets regulator Sebi's approval to float Initial Public Offering (IPO). The IPO comprises a fresh issue of up to Rs 500 crore along with an offer for sale (OFS) of up to 14,12,99,422 equity shares by the promoters and existing shareholders of [...]
Electronics maker Elista India will invest Rs 250 crore to set up a manufacturing plant in Kadapa, Andhra Pradesh, in five years, which will help the company meet the domestic and exports markets demand, Chairman and Managing Director Saket Gaurav said. The investment for the new plant would be funded equally from equities and debts, [...]
