One of the biggest conglomerates in India is Reliance Industries Limited, which has holdings in a number of industries, including petrochemicals, refining, retail, telecommunications, oil and gas exploration, and more. Dhirubhai Ambani founded the company in 1966, and since then, it has expanded rapidly to become a dominant force in Indian business. Reliance Industries has …
As a member of the Tata Group, Tata Motors Limited is a multinational automotive company based in India with its headquarters in Mumbai. The company manufactures buses, vans, trucks, and cars. Tata Daewoo in South Korea and Jaguar Land Rover in Britain are examples of subsidiaries. CCI approves of TMFL and TCL’s merger: The Competition …
Eureka Forbes Limited, one of India’s largest health and hygiene companies, today announced the listing of its shares on the National Stock Exchange (NSE). The company’s scrip code has also undergone a change. The shares were previously listed only on the Bombay Stock Exchange (BSE) under the scrip code EUREKAFORBE. With the listing on NSE, …
Strides Pharma Science has achieved a significant milestone in its strategic initiative to create OneSource, India’s first speciality pharma Contract Development and Manufacturing Organization (CDMO). The company has received approval from its equity shareholders and secured creditors, as well as those of OneSource Specialty Pharma Limited and SteriScience Specialties Private Limited. These approvals were secured …
On September 10, 2024, Lemon Tree Hotels announced the signing of its new property – Lemon Tree Hotel in Mira Road, Mumbai. The hotel will be managed by Carnation Hotels Private Limited, a fully-owned subsidiary of Lemon Tree Hotels Limited, and is expected to open in FY 2026. Mumbai, known as India’s financial hub and …
Shriram Group, a financial services company, plans to first list its general insurance division, followed by its life insurance arm, according to Umesh Revankar, the Executive Vice Chairman of Shriram Finance. The company’s two subsidiaries, Shriram General Insurance and Shriram Life Insurance, are expected to go public within the next 2 years as their businesses …
Maruti Suzuki is preparing to launch its first electric vehicle (EV), a mid-size SUV called the eVX, with a range of over 500 kilometres. The company aims to address common concerns among EV buyers, such as range anxiety, charging infrastructure, and the resale value of electric cars. In addition to selling the eVX domestically, Maruti …
The real estate sector is one of the most globally recognised sectors. It consists of four subsectors: housing, retail, hospitality, and commercial. The expansion of this sector is largely supported by the expansion of the business environment and the demand for office space and urban and semi-urban housing. The real estate business is India’s second-largest …
On September 11, 2024, Indian Renewable Energy Development Agency Limited (IREDA), through an exchange filing, announced that its wholly-owned subsidiary IREDA Global Green Energy Finance IFSC Limited has received a provisional registration as a finance company at GIFT City. This announcement was made today in the presence of Shri Pralhad Joshi, the Hon’ble Union …
On September 10, 2024, Ramco Systems, a global aviation software specialist, announced the launch of Ramco Aviation Software 6.0, a comprehensive solution designed to revolutionise maintenance, repair, and overhaul (MRO) operations. Leveraging AI-powered insights, advanced automation, and seamless integration, this new version equips organisations to meet the evolving demands of the industry. Key features and …
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