OMAHA, Neb. (AP) — Berkshire Hathaway more than tripled the size of its investment in Google’s parent company and bought over $2.6 billion worth of Delta Airlines stock as Greg…
Category: Companies
Exclusive-SpaceX accelerates IPO timeline, targets June 12 listing on Nasdaq, sources say
By Echo Wang and Anirban Sen NEW YORK, May 15 (Reuters) – Elon Musk’s rocket and satellite maker SpaceX is planning to price its blockbuster initial public offering as early…
Automakers say PM’s EV push can help grow penetration
Automobile manufacturers have welcomed Prime Minister Narendra Modi’s renewed push for electric vehicles (EVs), saying the transition to cleaner mobility is critical not only for sustainability but also for strengthening…
Sherritt to Dissolve Cuba Mining Venture Due to US Sanctions
Sherritt International Corp., a Canadian company that has invested in Cuba for decades, said it will seek to dissolve its nickel mining joint venture on the island due to US…
Active Clothing Co opens 5 multi-brand retail stores in Punjab
Active Clothing Co, specialist in apparels for leading global fashion brands, has made a strategic entry into the retail segment with launch of retail outlets under the brand name “NUEMO”.…
Ola Electric gets board nod to invest ₹2,000 cr in EV, cell subsidiaries
Bengaluru-based two-wheeler manufacturer Ola Electric Mobility Limited has announced an investment in Ola Electric Technologies Private Limited (OET) and Ola Cell Technologies Private Ltd (OCT), which are wholly owned subsidiaries…
Charity Commissioner orders Tata Trusts to defer May 16 board meeting
Maharashtra’s Charity Commissioner has directed the board of Tata Trusts to defer its scheduled May 16 meeting, citing ongoing inquiries into alleged violations of the Maharashtra Public Trusts Act and…
Textile major Arvind Q4 profit rises 6% to ₹160 crore; board announces ₹4.5/share dividend
Textile major Arvind Limited on Friday reported a 6 per cent year-on-year rise in consolidated net profit for the March quarter, aided by strong double-digit growth across its core textiles…
Grew Solar to set up 8 GW ingot wafer unit in Madhya Pradesh
Solar module maker Grew Solar has completed the land acquisition process to set up a 8 gigawatt (GW) ingot and wafer manufacturing facility in Madhya Pradesh, expected to be operational…
Tata Steel profit more than doubles to ₹2,965 crore in Q4 on better realisation
Tata Steel reported that its net profit in the March quarter more than doubled to ₹2,965 crore, up from ₹1,200 crore in the same period last year, on the back…