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HDLC Life Insurance acquires shares worth Rs 153 crore in Motilal Oswal Financial Services
New Delhi, June 9: HDFC Life Insurance Company has acquired shares worth Rs 153 crore in Motilal Oswal Financial Services..
According to block deal data, HDFC Life purchased 18.2 lakh shares, representing 0.3 per cent of Motilal Oswal…
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Govt to sell up to 3% stake in NLC Limited company
New Delhi, June 9: The Central Government has announced an Offer For Sale (OFS) of up to 3 percent equity in State-owned NLC India Ltd, with a floor price of Rs 303 per share.
The OFS comprises a base offer of 2 per cent equity and a…
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Grasim announces Rs 3,094 crore investment in Lyocell Project in Karnataka
Mumbai, June 9: Grasim Industries Limited, the flagship company of the Aditya Birla Group, today announced an investment of ₹3,094 crore for Phase II Lyocell capacity of 110K TPA at Harihar in Karnataka.
This expansion will consist of 2…
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Adani Energy Solutions to acquire IntelliSmart smart meter Provider
Ahmedabad, June 9: Adani Energy Solutions Limited (AESL) has executed a binding securities purchase and subscription agreement (SPSA) to acquire a 100% equity stake in IntelliSmart Infrastructure Private Limited, a leading smart metering JV…
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Further Delay in Project to Manufacture Vande Bharat Sleeper Train with Russian Technology
By Arun Kumar Das
New Delhi, Jun 9: Introduction of Vande Bharat Sleeper Train using Russian technology is further delayed as the first prototype is expected to roll out in December this year, missing the earlier target of June 2026.…
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US Judge strikes down Trump’s $100,000 H1B visa fee
New Delhi, June 8: In a piece of news that may bring joy to many Indians, a Federal Judge in the United States has struck down President Donald Trump's decision to impose $100,000 fee on new H-1 visas for highly skilled foreign workers.…
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Fire on Oil Ship with Indians on board, seafarers safe
New Delhi, June 8: Amid fresh escalation in conflict in West Asia, a foreign-flagged oil tanker, with 24 Indian seafarers, today reported a fire incident on board the vessel while it was near the coast of Oman.
Initial information…
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Coromandel International and Samunnati Agri Join Hands To Promote Nutrient Information
New Delhi, June 8: Agri-solutions providing company Coromandel International Limited today announced it has signed a Memorandum of Understanding (MoU) with Samunnati Agri Value Chain Solutions Private Limited, India’s leading agri-ecosystem…
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Samvardhana Motherson commissions solar plant in Uttar Pradesh
Noida, June 8: Samvardhana Motherson International Limited, through its energy business company, Motherson New Energy Limited (MNEL), has commissioned its first ground-mounted captive solar power project in Uttar Pradesh.
The project has…
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Policy Bazar Co-Founders Dahiya, Bansal shed shares worth Rs 665 crore
New Delhi, June 8: Co-Founders of Policy Bazar (PB) Fintech Company Yashish Dahiya and Alok Bansal have collectively sold nearly 38 lakh shares in the firm, worth around Rs 665 crore through a block deal, according to exchange disclosures.…
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