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Bajaj Auto planning to foray into electric vehicles next year

Bajaj Auto planning to foray into electric vehicles next year

Bajaj Auto is planning to foray into electric vehicles (EV) next year, simultaneously with the migration of its conventional engine vehicles to BS-VI emission norms.The company also plans to launch electric......

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KPR Mill commissions Ethiopia garment facility

KPR Mill commissions Ethiopia garment facility

KPR Mills' Ethiopian garment facility has started the commercial production. It has a production capacity of ten million garments per annum.KPR Mill is a garment exporter, as well as a vertically integrated......

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Larsen & Toubro Infotech acquires Ruletronics

Larsen & Toubro Infotech acquires Ruletronics

Larsen & Toubro Infotech (LTI) has acquired Ruletronics for an enterprise value of $7.48 million (about Rs 53 crore). The acquisition will strengthen the company's rapidly growing digital business......

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M&M

M&M's arm acquires 100% stake in Harkey

Automobili Pininfarina GmbH (APF), a wholly owned subsidiary of Mahindra Automotive Mauritius (MAML) which in turn is a wholly owned subsidiary of Mahindra & Mahindra (M&M) has acquired......

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Trent acquires 5 floors of office space in Lodha project at Mumbai: Report

Trent acquires 5 floors of office space in Lodha project at Mumbai: Report

Trent has reportedly acquired 5 floors of office space at Lodha Developers' recently completed office building Lodha Excelus at New Cuffe Parade in Central Mumbai. Out of the 5 floors, the company bought......

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Esaar initiates business discussion for investment in Mansukh Commodity Futures

Esaar initiates business discussion for investment in Mansukh Commodity Futures

Esaar (India) has initiated business discussion for investment in securities of Mansukh Commodity Futures by way of subscribing into Non-Convertible Redeemable Preference Share of the company up to a sum......

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Adani Green Energy acquires 51% stake of Kodangal Solar Parks

Adani Green Energy (AGE) has acquired 51% equity share capital of Kodangal Solar Parks (KSPPL) from FS India Devco for about Rs 1.69 crore. With this acquisition, KSPPL has become wholly-owned subsidiary......

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Yash Chemex acquires stake in Ushanti Colour Chem

Yash Chemex has acquired 2000 shares of Ushanti Colour Chem from open market on January 09, 2019.Yash Chemex is a chemicals and dyes trading and distribution company with a descriptive product portfolio. ......

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Atul invests Rs 10 crore by acquiring stake in Atul Bioscience

Atul has invested Rs 10 crore by acquiring 45,45,455 additional equity shares of Atul Bioscience (ABL), a wholly-owned subsidiary of the company. The object of investment in ABL is to meet funding requirements......

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IndiGo planning to start daily non-stop flights to Istanbul: Report

InterGlobe Aviation (IndiGo) is reportedly planning to start daily non-stop flights to Istanbul, Turkey, by March.Istanbul will be the first international destination to be served by the brand new narrow-bodied......

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Power Grid receives investment approvals for two projects

Power Grid Corporation of India has received investment approval for implementation of 500MVAr Thyristor Controlled Reactor at Kurukshetra 400kV bus at an estimated cost of Rs 267.33 crore with commissioning......

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Ador Multiproducts invests Rs 1.60 crore in 1908 E-ventures

Ador Multiproducts has invested Rs 1.60 crore in 9.50% Unsecured Fully Compulsorily Convertible debentures of 1908 E-Ventures (an associate Company of Ador Multi Products in which Company already holds......

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Torrent Power emerges as winner on bid for distribution franchisee

Torrent Power (TPL) has emerged as winner of the competitive bidding process conducted by Maharashtra State Electricity Distribution Company (MSEDCL) for appointment of input based Distribution Franchisee......

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CESC emerges as successful bidder for distribution franchisee in Maharashtra

Maharashtra State Electricity Distribution, a Government of Maharashtra Undertaking has declared CESC as the successful bidder for appointment as distribution franchisee in respect of Malegaon Municipal......

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Autoline Industries enters into investment agreement with IndiaNivesh Renaissance Fund

Autoline Industries has entered into an Investment Agreement with IndiaNivesh Renaissance Fund (Category II alternative investment fund) managed by IndiaNivesh First Bridge Fund Managers and executed the......

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