Corporate

9 companies join truck replacement scheme

On Monday, memorandum of understanding was signed between the Ministry of Road Transport and Highways (MoRTH) and three OEMs of trucks and buses, including...

PFC, REC merger approved

The merger of REC into PFC will create a financing entity with an aggregate loan book of over Rs 11 lakh crore, according to a statement. The Share Exchange Ratio...

WhatsApp introduces username reservation feature

The users can begin reserving usernames now, ahead of the feature's rollout later this year, the company said. In a blog post, WhatsApp said the...

PG Electroplast to set up plant in Sri City

 PG Electroplast Limited has just announced the acquisition of a 50-acre land parcel in Sri City. The land acquisition is done through its wholly-owned subsidiary PG...

Godrej Agrovet inks MoU with MoFPI

The proposed investment of Rs 960 crore is a significant step in the company’s journey towards enhancing its food processing capabilities through state-of-the-art manufacturing...

TVS Motor buys Italy’s Engines Engineering for €5 mn

The acquisition will be carried out entirely through cash consideration. TVS will acquire 1 million equity shares at a price of €5.05 per share,...

Kinetic Green launches electric 2W E-Luna Prime

Priced at ₹82,490 (ex-showroom), the E-Luna Prime is available in two variants with ranges of 110 km and 140 km and comes in six...

Montra Electric to join Govt’s NHEV for 1,000+ EV truck deployment

According to a statement, the partnership is designed to accelerate clean freight transport by streamlining decision-making for fleet operators and offering blended climate financing...

Relux joins TNGECL to set up 500 EV charging stations

Relux Electric and TNGECL will conduct a feasibility study to identify suitable government-owned lands across Tamil Nadu for the charging stations. “This collaboration between the...

MRF says steps on to bring normality at Tiruvottiyur plant

In a clarification to the stock exchange, MRF said “some of the workmen at the company's manufacturing plant at Tiruvottiyur, Chennai, Tamil Nadu, have...

EPFO adds 21.04 lakh net members in July

Of the new additions, 9.79 lakh were first-time subscribers, with over 61% (5.98 lakh) falling in the 18–25 age group, indicating a continued influx...

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9 companies join truck replacement scheme

On Monday, memorandum of understanding was signed between the...

PFC, REC merger approved

The merger of REC into PFC will create a...

WhatsApp introduces username reservation feature

The users can begin reserving usernames now, ahead of...

Big Executive Moves at Private Banks

Private lender HDFC Bank said its board has approved...

TVS Holdings flags challenges in moped demand

Accounting for just 2-4 per cent of two-wheeler sales,...