New Delhi: Investors piled into the government’s stake sale in Coal India Ltd, with the offer-for-sale (OFS) drawing bids worth more than eight times the shares on offer on the…
Category: Companies
JSW Steel begins work on ₹65,000 crore Paradeep steel plant in Odisha
has started work on 13.2 million tonne per annum with an investment of Rs 65,000 crore at Paradeep in . The plant, to be developed by JSW Steel in phases,…
Coal gasification push represents structural shift for Coal India, says CMD B Sairam
Coal behemoth Coal India, in pursuit of coal gasification, is making a structural shift from being primarily a coal producer and supplier to a coal-to-chemicals and cleaner fuel integrated energy…
Carraro India bets on premium tractors, construction exports to drive next growth phase
Pune-based Carraro India is preparing for its next phase of growth by expanding axle capacity, scaling manufacturing infrastructure and deepening its presence in premium 4WD tractors, construction equipment exports and…
Muller completes tenure as Head of Swiss Business Hub India
Florin Muller, Head of Swiss Business Hub, has completed his tenure in and will now relocate to New York, US, for his next role in the Swiss Business Hub ecosystem.…
Adani firms extend rally to recoup losses sparked by Hindenburg
Shares of billionaire Gautam Adani’s group companies have erased all losses triggered by a scathing short-seller report in 2023, as the conglomerate overcomes regulatory challenges. The group’s nine listed firms…
Tata Sons-funded MedTherapy brings contract model for cell and gene therapy to India
In an effort to bring down the cost of cell and gene therapies, the -funded biotech firm MedTherapy is looking to bring in more development and manufacturing in the segment…
Tiea connecters bags ₹77 cr in Series A funding led by IvyCap Ventures
Electronic system design and manufacturing (EDSM) manufacturer Tiea Connectors has raised ₹77 crore in a Series A funding led by IvyCap Ventures. This comes just after the ₹22 crore pre…
Johnson Lifts acquires 39 acres near Chennai for ₹125 crore for future expansion
Johnson Lifts, the Chennai-based elevator manufacturer, has acquired 39 acres of land at Sengadu near Chennai for ₹125 crore as part of its long-term expansion strategy to boost production capacity…
Byju Raveendran to appear in Singapore court on 15 June after jail sentence over contempt: ‘Appeal options available’
Byju Raveendran, founder of Byju’s, is set to appear in a Singapore court on 15 June after receiving a six-month jail term for contempt of court for allegedly failing to…