Corporate

Fairfax to buy 60.72% stake in IDBI Bank: Govt

This will be the largest foreign direct investment in the financial sector of our economy so far, and will help generate a positive sentiment...

Hyundai to invest Rs 11,000 crore at Pune Plant

Pune plant’s current annual installed capacity is 170,000 units, which is set to scale up in phases to 320,000 units by 2030. Combined with...

Tiruppur: Moving Towards Change

According to data published by the United Nations Environment Programme (UNEP), the textile industry is estimated to use around 215 trillion litres of water...

Godrej Capital to step up presence in TN

Addressing a press conference in Chennai, Manish Shah, MD and CEO, Godrej Capital, said that the company’s overall AUM stood at about Rs 27,500...

CG Power invests in EdgeCortix of Japan

EdgeCortix did not disclose the value of the investment. It said that the investment builds on the strong momentum of its previously oversubscribed funding round. The...

Reliance Retail sells Reliance Projects for Rs 274 crore

Consequently, RPPMSL has ceased to be a subsidiary of the company, the company said in a stock exchange filing. The buyer does not belong to...

Val-Met Engineering raises Rs 200 crore from Nuvama Funds

The funding was raised from Nuvama Crossover Opportunities Fund – IIIA, Nuvama Crossover Opportunities Fund - IIIB and Nuvama Crossover Opportunities Fund - 4A,...

Funskool reports USD 40 m sales in FY26

The company, promoted by MRF Group, recorded an average growth of 14 per cent over the past two years with exports growing at 19...

Bharat Forge to rejig German arm

The proposal may include an orderly wind‑down and solvent liquidation of BF CDP in accordance with applicable German laws, the company said in a...

Bosch to buy Bosch Chassis Systems for over Rs 9,000 cr

Bosch said it intends to significantly enhance its portfolio by acquiring the Vehicle Motion business. This portfolio realignment creates and enhances long-term value for...

Air India’s Woes & The Way Forward

Today, Air India issued a detailed press release on the subject. What most of us did not know was that Campbell had requested Tata...

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Fairfax to buy 60.72% stake in IDBI Bank: Govt

This will be the largest foreign direct investment in...

Hyundai to invest Rs 11,000 crore at Pune Plant

Pune plant’s current annual installed capacity is 170,000 units,...

Tiruppur: Moving Towards Change

According to data published by the United Nations Environment...

CCI clears GRT’s acquisition of TBZ

The Acquirer is a private limited company, primarily engaged...

Hyundai Motor Group commits USD15.5 bln investment in India

The seven-year investment spans manufacturing expansion, research and development...