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Page 16 of industry news

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NTPC Q1 results
NTPC crosses 400 billion units power generation mark in FY24 

According to the statement, till March 13 of FY24, NTPC coal stations recorded a plant loading factor (PLF or capacity…

Updated: March 14, 2024 14:14 IST
Alibaba
Alibaba plans to invest $1.1 billion in South Korea: Report

The Chinese e-commerce giant plans to spend $200 million this year on building the logistics center and $100 million to…

Updated: March 14, 2024 07:57 IST
Prahlad Joshi
Coal demand from power sector seen up 6.5% on year in FY25

The minister also noted that the share of imported coal blending in the power sector has reduced by 28% in…

Updated: March 13, 2024 21:03 IST
Ashwini Vaishnaw
First chip from Tata’s Dholera plant will be out in December 2026, says Ashwini Vaishnaw 

Speaking at the ground-breaking ceremony of Tata Group and CG Power chip plants, Vaishnaw said India will be among the…

Updated: March 13, 2024 14:54 IST
Decathlon
India to be among top 5 markets for Decathlon in next 5 years; to increase local sourcing to over 90 per cent 

Decathlon, as part of its growth plans, will add 10 new stores every year in India, while accelerating online sales…

Updated: March 13, 2024 13:47 IST
Loham Funding
Lohum raises $54 million to fuel its market expansion

The investors who participated in the series B funding round of capital infusion include Singularity Ventures, Baring Private Equity, Cactus…

Updated: March 13, 2024 11:28 IST
ArcelorMittal
ArcelorMittal to buy 28.4% stake in Vallourec for about $1 billion

ArcelorMittal, the world’s second-largest steelmaker, said it signed an agreement with funds managed by Apollo Global Management to buy 65.24…

Updated: March 13, 2024 08:28 IST
British American Tobacco, bat, British American Tobacco india itc, india itc, British American Tobacco sales in india
BAT mulls sale of ‘small part’ of stake in India’s ITC

The stake sale would allow the maker of Dunhill and Lucky Strike cigarettes to pay down its debt.

Updated: March 11, 2024 23:58 IST
Imagicaaworld, Imagicaaworld in sawarmati river, sabarmati river, Imagicaaworld ahemdabad, ahemdabad, mumbai Imagicaaworld
Imagicaaworld Entertainment to invest Rs 130 cr to set up new destination at Sabarmati riverfront

The park will be set up across 11 acres of land which will be on lease from Sabarmati Riverfront Development…

March 11, 2024 22:38 IST
magicpin, Magicpin enters logistics, magic news, velocity magicpin, magicpin ceo, magicpic tied companies
Magicpin enters logistics aggregation segment

Moving forward, we are planning to scale up significantly, aiming to handle over 1 lakh orders daily within a year,”…

March 11, 2024 17:11 IST
adani green energy
Adani Green Energy operanalizes 1,000 MW solar energy at Khavda RE Park, Gujarat 

With this, AGEL has achieved operational capacity of 9,478 MW and continues its journey to the stated goal of 45,000…

Updated: March 11, 2024 13:03 IST
female board members
Number of board seats held by women in India Inc increased over past 5 years: Report 

The ‘Women in the boardroom: A global perspective’ report, however, said that it is lower than the global average of…

Updated: March 8, 2024 14:47 IST
Singtel, Singtel stock, Bharti Airtel, Singapore-based Singtel, market, indusctry, stoke, industry news
Singtel divests 0.8 per cent stake in Bharti Airtel for Rs 5,849 cr

According to the block deal data available with the National Stock Exchange (NSE), Pastel Ltd offloaded 4.90 crore shares, amounting…

Updated: March 7, 2024 22:03 IST
JSW Energy, JSW Neo Energy, letter of award, solar energy, Solar Energy Corporation of India Ltd, installed capacity, energy storage
Avaada Energy secures 1,140 MW agri solar projects in Maharashtra

The company has received the Letter of Award (LoA) for the project from MSEB Solar Agro Power Limited (MSAPL), a…

Updated: March 7, 2024 15:56 IST
wind power, sustainability, energy sources, carbon mitigation, renewable energy, imports, Exclusive Economic Zone, power generation
Suzlon Group bags 72.45 MW wind power project from Juniper Green Energy 

As part of the project, Suzlon will install 23 Wind Turbine Generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower…

Updated: March 7, 2024 13:17 IST
Ashwini Vaishnaw
Mobile exports to grow to $50-60 billion, electronics manufactures to employ 25 lakh people, says Ashwini Vaishnaw

Speaking at a fintech event on Wednesday, the minister said employment in the electronics manufacturing sector will increase from about…

Updated: March 7, 2024 12:38 IST
Singtel sells stake to Airtel
Singtel sells 0.8% stake in Airtel to GQG for Rs 5,850 crore

The deal is the latest of Southeast Asia’s largest telcom operator’s efforts to recycle capital, which brings the total to…

Updated: March 7, 2024 21:46 IST
Glenn Saldanha, Glenn Saldanha resigns, Glenn Saldanha chairman, Glenmark Life Sciences chairman, Glenmark, industry news
Glenn Saldanha resigns as chairman of Glenmark Life Sciences

He is also stepping down as a member of the nomination and remuneration committee and operations committee of Glenmark Life…

March 6, 2024 22:13 IST
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Waaree Renewable chases 11 GW overseas solar EPC orders
Waaree Renewable chases 11 GW overseas solar EPC orders
Industry27 min ago

Waaree Renewable Technologies (WRTL), part of the Waaree Energies group, is targeting 11 GW of solar EPC orders in West Asia, while also pursuing 25-26 GW in India. They are also looking into battery energy storage systems, transmission and distribution, and data centres.

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