Economic Times
Aurobindo Pharma Ltd will acquire the remaining 49% stake in GLS Pharma Ltd for Rs 22.5 crore, making it a wholly-owned subsidiary. The acquisition of
Tata Power Renewable Energy Ltd (TPREL) plans to invest Rs 75,000 crore to reach 20GW of operational capacity by 2030. Currently, the company operates
Tata Group and Analog Devices have partnered to explore semiconductor manufacturing opportunities in India. Tata Electronics, Tata Motors, and Tejas N
Ola Electric has established a new service team to address the increasing number of customer complaints regarding service issues. The company receives
Coal India is exploring critical minerals in Argentina and is in discussions with Chile for lithium, according to India's federal mines secretary. The
Bollywood actor Deepika Padukone has acquired a premium apartment in Bandra West, Mumbai, for Rs 17.8 crore through her company KA Enterprises. The ap
The National Financial Reporting Authority (NFRA) has proposed aligning a key accounting standard with global norms to protect investor interests. Thi
Tata Power Renewable Energy has secured a 400 MW wind-solar hybrid project from Maharashtra State Electricity Distribution Company Ltd. The project, t
Sunsure Energy has signed an agreement with REC Ltd for a Rs 10,000 crore loan to develop green energy projects. The partnership aims to support the d
Lupin Ltd has signed a non-exclusive patent licence agreement with Takeda Pharmaceutical to commercialise Vonoprazan tablets in India. The drug, appro
The centre will soon auction ten offshore mineral blocks to expand raw material sources for key industries like construction. Secretary of the Ministr
Awfis has launched a new coworking centre in GIFT City, Gandhinagar, expanding its footprint in Ahmedabad to around 83,500 square feet. The company ai
Gautam Solar has announced its entry into solar cell manufacturing with a Rs 1,000 crore investment in a 2 GW facility. This move aims to meet the dem
BNP Paribas India has opened a new dormitory for female residents at Adhar, an NGO that supports intellectually disabled adults. The facility will acc
Reliance Power Ltd, controlled by Anil Ambani, has exited the 600 MW Vidarbha Industries Power Ltd (VIPL) after pledging all its shares to CFM ARC. Th
Russian insurers are increasingly covering oil shipments to India, with 60 per cent of Moscow's oil cargoes insured by Russian firms in July. This shi
The Andhra Pradesh government will introduce a new liquor policy focusing on quality and premium outlets. The policy aims to provide affordable, quali
Indian jewellery exporters are seeing rising demand in the Middle East, particularly in Saudi Arabia and Kuwait. The Gem & Jewellery Export Promotion
Rental values in key micro-markets of India's top 7 cities have increased by up to 72% between the end of 2021 and the first half of 2024. Capital val
India's diamond sector is in crisis with a sharp decline in imports and exports over the past three years, leading to defaults, factory closures, and
