KPI Group has partnered with UAE-based Tristar Transport LLC to develop eco-friendly energy solutions across multiple regions, including the Middle East, Africa, Asia Pacific, America and Europe. The agreement involves the utilisation of the respective expertise of both parties to identify and execute renewable energy projects, such as wind, solar, green hydrogen and green ammonia [...]
Smartphone maker vivo on Thursday said it will invest Rs 1,100 crore more by the end of 2023 to scale up its manufacturing capacity in the country, and that production in its upcoming unit at Greater Noida is expected to commence by early 2024. vivo India also said it is "on track" to export more [...]
Shares of Fertilizers and Chemicals Travancore (FACT) shot up 18.55 percent on Thursday’s early trades to reach an intraday high of ₹ 338.00 apiece on the Bombay Stock Exchange (BSE), after the Kerala State government announced its plans to acquire 15 acres of land owned by the company, according to a report by Mint. This [...]
India Inc is likely to report a halving of revenue growth in the fourth quarter of FY23, a credit rating agency said on Thursday, as companies start reporting their financials. The revenue growth will come down to 10-12 per cent as against 22.8 per cent for the January-March period in the year-ago, Crisil's Market Intelligence [...]
The Mangalore Catholic Cooperative (MCC) Bank, one of the pioneers of cooperative banks in Karnataka, has recorded a pre-tax profit of Rs 12.20 crore in the 2022-23 financial year. The 111-year-old bank has been progressively reducing the non-performing assets (NPA) and for the first time in recent years, reduced the level to 1.37 per cent, [...]
State-owned Indian Oil Corporation (IOC), Adani-Total Gas Ltd and Shell were among the 29 companies that bid and bought natural gas to be produced from the deepest field in the KG-D6 block of Reliance Industries Ltd and bp, sources said. IOC walked away with almost half of the 6 million standard cubic meters per day [...]
Realty firm Hiranandani Communities will invest Rs 1,000 crore to develop a new housing project in Mumbai to tap rising demand. The company has launched a new housing project -- 'Golden Willow' -- in its mixed-use integrated township 'Hiranandani Fortune City' at Panvel. The company plans to develop 1 million square feet of residential space in [...]
De Nora India Limited stock witnessed a sharp increase today and currently trades at a price of Rs 1,048. The scrip is up nearly 10.5 percent as compared to the previous closing levels of Rs 948.10. The company touched its 52-week high mark at Rs 1,080 showing a climb of a whopping 14 percent. Such [...]
Domestic wholesales of passenger vehicles grew 4.7 per cent in March at 2,92,030 units as compared to the same month last year, Society of Indian Automobile Manufacturers said on Thursday. In March last year, wholesales of passenger vehicles were at 2,79,525 units. Two-wheeler sales clocked 12,90,553 units in the domestic market last month, as compared to [...]
Chemicals maker Anupam Rasayan India Ltd on Thursday said it has signed a Letter of Intent (LoI) worth USD 182 million (Rs 1,500 crore) with one of the leading Japanese multinational to manufacture and supply three high value speciality chemicals. This product will be manufactured in our existing manufacturing facilities. "We are proud to announce [...]
