Industries

Future Enterprises Gets 3 Months Extension For Holding Annual General Meet

Future Enterprises Gets 3 Months Extension For Holding Annual General Meet

Press Trust of India | Thursday September 22, 2022, New Delhi

Future Enterprises has received a three-month extension from the Registrar of Companies for holding its annual general meeting, a regulatory filing by the debt-ridden firm said.

Adani Group, Reliance Industries Sign No-Poaching Deal: Report

Adani Group, Reliance Industries Sign No-Poaching Deal: Report

Edited by Nonika Sharma | Thursday September 22, 2022

Gautam Adani-led Adani Group and Mukesh Ambani's Reliance Industries have reportedly entered into an agreement of not hiring talents from each other.

Diesel Gensets Ban In NCR: Industry Seeks More Time To Comply

Diesel Gensets Ban In NCR: Industry Seeks More Time To Comply

Press Trust of India | Wednesday September 21, 2022, New Delhi

CII on Wednesday said it is seeking more time from the Commission for Air Quality Management (CAQM) to comply with its order regarding the ban on diesel gensets in NCR.

Vedanta To Open Its $20 Billion Semiconductor Factory In Gujarat: Report

Vedanta To Open Its $20 Billion Semiconductor Factory In Gujarat: Report

Reuters | Monday September 12, 2022, NEW DELHI

Vedanta Ltd has selected Gujarat for its semiconductor project, two sources told Reuters, the first major step in its $20 billion joint venture with Taiwan's Foxconn.

Hindustan Aeronautics Accumulated 105% Returns For Investors In 2022

Hindustan Aeronautics Accumulated 105% Returns For Investors In 2022

Asian News International | Monday September 12, 2022, New Delhi

Investments of those who betted in Hindustan Aeronautics Ltd stocks have more than doubled so far in 2022.

In Reliance Firm's Deal With Gautam Adani, A Big Dispute: Report

In Reliance Firm's Deal With Gautam Adani, A Big Dispute: Report

Malavika Kaur Makol, Bloomberg | Monday September 12, 2022

Reliance Infrastructure Ltd. said it filed an arbitration claim of 134 billion rupees ($1.7 billion) in relation to a deal to sell its Mumbai power-distribution business to Adani Transmission Ltd.

Discussion Underway To Extend PLI Scheme To More Sectors

Discussion Underway To Extend PLI Scheme To More Sectors

Press Trust of India | Monday September 12, 2022, New Delhi

There are demands to extend production linked incentive (PLI) scheme to more sectors such as certain electronic components, pharma and medical devices, and discussions are underway in the government on these proposals, a senior government official said.

Hotel Tariffs In Bengaluru Surge Amid Increase In Demand Due To Rain

Hotel Tariffs In Bengaluru Surge Amid Increase In Demand Due To Rain

Press Trust of India | Wednesday September 07, 2022, New Delhi

The deluge in Bengaluru has led to a spike in demand for hotel rooms and a surge in room tariffs in some hotels as people escape waterlogged homes.

Adani Group To Build 3 Giga Factories As Part Of $70 Billion Investment

Adani Group To Build 3 Giga Factories As Part Of $70 Billion Investment

Press Trust of India | Wednesday September 07, 2022, New Delhi

Asia's richest man Gautam Adani on Wednesday said his ports-to-power conglomerate will build three giga factories for manufacturing solar modules, wind turbines, and hydrogen electrolyzers as part of a USD 70 billion investment in clean energy by 2030.

Reckitt Benckiser Says CEO Laxman Narasimhan To Step Down

Reckitt Benckiser Says CEO Laxman Narasimhan To Step Down

Reuters | Thursday September 01, 2022

Reckitt Benckiser said on Thursday its Chief Executive Officer Laxman Narasimhan will step down at the end of September after three years in the role.

Tata Sons Shareholders Vote To Have Separate Chairpersons For Tata Trusts

Tata Sons Shareholders Vote To Have Separate Chairpersons For Tata Trusts

Press Trust of India | Wednesday August 31, 2022, New Delhi

Tata Sons shareholders have approved a resolution to have separate chairpersons for the company and its largest shareholder -- Tata Trusts.

Tata's Indian Hotels On Track To Achieve 300 Hotels Mark By 2025

Tata's Indian Hotels On Track To Achieve 300 Hotels Mark By 2025

Press Trust of India | Friday August 26, 2022, New Delhi

Tata group hospitality firm Indian Hotels Co Ltd on Friday said it is on track to achieve its targetted portfolio of a total of 300 hotels by 2025.

Unauthorised Publication Of Export-Import Data An Offence: Finance Ministry

Unauthorised Publication Of Export-Import Data An Offence: Finance Ministry

Press Trust of India | Wednesday August 24, 2022, New Delhi

The Finance Ministry has made the unauthorised publication of import-export data a compoundable offence, wherein an offender can avoid prosecution by paying Rs 1 lakh compounding amount.

Chennai Petroleum Corp Forms Joint Venture For $4 Billion Refinery

Chennai Petroleum Corp Forms Joint Venture For $4 Billion Refinery

Reuters | Tuesday August 23, 2022, Bengaluru

Chennai Petroleum Corp said on Tuesday it has formed a joint venture with its parent Company Indian Oil Corp and others for building the 9 MTPA refinery at a cost of 315.80

Centre To Raise Money Through Capital Markets For 4 Road Projects

Centre To Raise Money Through Capital Markets For 4 Road Projects

Press Trust of India | Tuesday August 23, 2022, New Delhi

Road Transport Minister Nitin Gadkari on Tuesday said the government will approach the capital market next month to raise funds for four road projects.