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Companies from 20 countries to participate in Didac India 2024

Companies from 20 countries to participate in Didac India 2024

Fri, Sep 06, 2024

India Didactics Association CEO Aditya Gupta said that to support the government's vision and further boost India's education system, DIDAC India 2024 brings together thought leaders, educators, policymakers and industry officials from across the world for in-depth exploration and global showcase.

Is the sugar industry ready for supply?

Is the sugar industry ready for supply?

Tue, Aug 13, 2024

After petrol, now ethanol will be available in diesel! Is the sugar industry ready for supply? What will be the impact on sugar prices? Watch Zee Business' exclusive conversation with Atul Chaturvedi, Executive Chairman, Shree Renuka Sugars.

Sugar shares in focus, which companies will get the benefit?

Sugar shares in focus, which companies will get the benefit?

Tue, Aug 13, 2024

Sugar shares in focus, government plans to blend 5% ethanol in diesel also, the target of 20% ethanol blending may be achieved before time, know which companies will get the benefit?

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Vedanta says not selling Thoothukudi copper plant

Vedanta says not selling Thoothukudi copper plant

Fri, Jun 23, 2023

Vedanta news: Vedanta Ltd on Thursday said that it has no plans to sell its copper plant at Thoothukudi in Tamil Nadu. Junking the media reports that claimed that the company is selling Sterlite Copper plant, Vedanta said the reports are "wrong, baseless and incorrect".

From Dunzo to Byju's, a summary of chain of layoffs in Indian startups in recent times

From Dunzo to Byju's, a summary of chain of layoffs in Indian startups in recent times

Tue, Jun 20, 2023

Constantly declining funding, restructuring process and uncertain macroeconomic conditions are the primary reasons behind the ongoing mayhem in the world’s third-largest startup ecosystem.

Britannia Industries' shares hit 52-week high for second consecutive session

Britannia Industries' shares hit 52-week high for second consecutive session

Mon, Jun 19, 2023

The company recently arranged a visit to its plant located at Ranjangaon in Maharashtra following which the outlook on the company’s stock has turned more positive in the market. Commissioned back in 2017-18, the Ranjangaon plant meets 10-12 percent of Britannia’s total demand

Maruti Suzuki Invicto bookings opens: Rebadged Toyota Innova HyCross to be launched on July 5

Maruti Suzuki Invicto bookings opens: Rebadged Toyota Innova HyCross to be launched on July 5

Mon, Jun 19, 2023

Invicto Maruti Suzuki booking in India: The vehicle, which will be launched on July 5, can be booked with a payment of Rs 25,000 from the company's premium retail outlet NEXA showrooms or through online, Maruti Suzuki India (MSI) said in a regulatory filing.

NLC India forms arm to undertake green energy projects

NLC India forms arm to undertake green energy projects

Fri, Jun 16, 2023

NLC India news: State-owned NLC India Ltd on Friday announced the incorporation of a subsidiary company to undertake its existing renewable energy projects. NLC India Renewables Ltd (NIRL) was incorporated as a wholly-owned subsidiary on June 14, 2023, NLC India said in a statement.

Microsoft notches record high valuation of nearly $2.6 trillion

Microsoft notches record high valuation of nearly $2.6 trillion

Fri, Jun 16, 2023

Microsoft market cap in trillion: Microsoft Corp shares rose to a new record high close on Thursday as market optimism about the prospects of artificial intelligence (AI) has helped buoy the technology giant to a record market capitalization of $2.59 trillion.

Bain Capital sells 0.7% stake in Axis Bank for Rs 2,178 cr

Bain Capital sells 0.7% stake in Axis Bank for Rs 2,178 cr

Fri, Jun 16, 2023

Bain Capital Axis Bank block deal: US-based private equity major Bain Capital on Thursday offloaded a 0.7 per cent stake in private sector lender Axis Bank for Rs 2,178 crore through open market transactions.

IHCL partners with Tata Strive to set up skill centre in Jodhpur

IHCL partners with Tata Strive to set up skill centre in Jodhpur

Fri, Jun 16, 2023

Indian Hotels lastest news: Indian Hotels Company (IHCL) on Thursday said it has partnered with Tata Strive, a skill development initiative of Tata Trust, to set up a hospitality-focused skill centre at Umaid Bhawan Palace in Jodhpur, Rajasthan.

Tata Steel, Germany's SMS group to explore low carbon steel making technology

Tata Steel, Germany's SMS group to explore low carbon steel making technology

Thu, Jun 15, 2023

Tata Steel news: Tata Steel has partnered with Germany's SMS group to explore development of low carbon steel making process. As part of the MoU, both companies shall undertake further technical discussions and initiate actions for conducting Joint Industrial Demonstration of the EASyMelt technology developed by SMS group, Tata Steel said in a statement.

IND Renewable Energy board approves Rs 26 cr fundraising plan

IND Renewable Energy board approves Rs 26 cr fundraising plan

Thu, Jun 15, 2023

IND Renewable Energy Ltd on Wednesday said it is planning to raise Rs 26 crore through a rights issue. A decision in this regard was taken at a meeting of its board members, IND Renewable Energy Ltd said in a regulatory statement.

Indifi Technologies raises Rs 290 cr from investors

Indifi Technologies raises Rs 290 cr from investors

Wed, Jun 14, 2023

Indifi Technologies, a digital technology platform for lending to the MSME sector, on Tuesday announced that it has raised Rs 290 crore from a clutch of investors.

L&T Finance group focuses on retail, aims 25% CAGR in 3-4yrs

L&T Finance group focuses on retail, aims 25% CAGR in 3-4yrs

Mon, Jun 12, 2023

L&T Finance future growth: Larsen & Toubro Group's non-bank financing vertical aims to maintain a compound annual growth rate (CAGR) of over 25 per cent predominantly by focusing on retail financing as a long-term strategy, a senior official said on Sunday.

CISCO employees slam department of California state govt for being dishonest in handling caste discrimination allegations

CISCO employees slam department of California state govt for being dishonest in handling caste discrimination allegations

Fri, Jun 09, 2023

CISCO news: More than 30 current and former employees of CISCO Systems have slammed a key government department of California for being "dishonest" in handling the high-profile case, which they said unfairly targeted both them and their employer.

GMR group divests warehouse facility at Hyderabad airport for Rs 188 crore

GMR group divests warehouse facility at Hyderabad airport for Rs 188 crore

Wed, Jun 07, 2023

GMR group on Tuesday said it has divested its 8.18 lakh square feet warehousing facility at the Hyderabad Airport to ILP Core Ventures I PTE Limited for Rs 188.1 crore.

Godrej Consumer appoints Aasif Malbari as CFO

Godrej Consumer appoints Aasif Malbari as CFO

Tue, Jun 06, 2023

Godrej Consumer new CFO name: Godrej Consumer Products Limited (GCPL) on Monday announced the appointment of Aasif Malbari as Chief Financial Officer (CFO) of the company as part of the top-level reshuffle.

Vedanta Resources pays USD 400 mn debt, borrowings down to USD 6.4 bn

Vedanta Resources pays USD 400 mn debt, borrowings down to USD 6.4 bn

Wed, May 31, 2023

Vedanta Resources Limited (Vedanta), the parent company of Mumbai-listed mining giant Vedanta Ltd, on Wednesday, said it has further repaid USD 400 million of loans, cutting gross debt to USD 6.4 billion.

Apollo Micro Systems board approves Rs 200-cr fund raising plan

Apollo Micro Systems board approves Rs 200-cr fund raising plan

Tue, May 30, 2023

Apollo Micro Systems fund raising plan: Apollo Micro Systems Ltd (AMSL) is looking to raise Rs 200 crore to execute its expansion plans through acquisition route. A decision on the fund raising plan was approved by the board of directors at its meeting on Monday.

Jaypee Infratech defers approval of financial statements for March 2023 quarter

Jaypee Infratech defers approval of financial statements for March 2023 quarter

Tue, May 30, 2023

Jaypee Infratech, which is facing insolvency proceedings, on Monday said the company has deferred the approval of financial statements for the quarter and fiscal ended March 2023, as it has not been finalised in view of pending cases in the appellate tribunal.

Debt-to-earnings ratio of steel producers to remain below 2 times in FY24: Crisil Ratings

Debt-to-earnings ratio of steel producers to remain below 2 times in FY24: Crisil Ratings

Mon, May 29, 2023

Research firm Crisil Ratings on Monday said it expects the net debt-to-EBITDA ratio of domestic steel manufacturers to stay below the level of 2 times in the financial year 2023-24. The steel makers had reported the ratio of net debt to EBITDA in the range of 1.6-1.7 times in preceding financial year (FY) 2022-23, Crisil Ratings said in a report.

SAIL dividend 2023: Board announces Re 0.50 payout

SAIL dividend 2023: Board announces Re 0.50 payout

Fri, May 26, 2023

SAIL Dividend 2023, SAIL Q4 results: State-owned SAIL has posted over 50 per cent fall in its consolidated net profit to Rs 1,159.21 crore for the quarter ended March 31, dragged down by lower income.

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