News

Tata Motors boards Chennai express, reaches Hyundai’s doorstep with an INR9,000 crore plant

[ad_1] Tata Motors officials with Tamil Nadu Chief Minister MK Stalin after signing an MoU to set up a vehicle manufacturing facility at an investment of INR9,000 crore, on March 13 in Chennai; image credit: Agencies. Synopsis Tata Motors’ passenger vehicle operations have so far been clustered in West India. What takes the automaker to […]

SpiceJet CMD Ajay Singh ups bid for Go First following banks’ nudge, ET Infra

[ad_1] One of the two bidders for bankrupt Indian airline Go First has raised its offer following a nudge from lenders, two banking sources and a person aware of the development said on Tuesday. The consortium, which includes budget carrier SpiceJet’s managing director Ajay Singh and Busy Bee Airways, increased the bid amount between 1 […]

HDFC Bank news: HDFC Bank closes Rs 9,552 cr stake sale in HDFC Credila

[ad_1] HDFC Bank said on Wednesday that it has completed the sale of its stake in education finance arm HDFC Credila for Rs 9,552.73 crore to private equity firms BPEA EQT and ChrysCapital. The deal which was announced in June last year, was part of mandated regulatory requirements before the completion of mortgage lender Housing […]

CCI approves Ultratech’s acquisition of Kesoram’s cement unit

[ad_1] The Competition Commission of India (CCI) has approved UltraTech’s acquisition of the cement business of Kesoram Industries and also the purchase of a certain stake of Shriram Investment Holdings Private Ltd by Shriram Ownership Trust. In a statement on Tuesday, the CCI said Kesoram Industries also has businesses in rayon, transparent paper, and chemicals, […]

Havells plans to expand overseas markets for Lloyd AC

[ad_1] Home-grown firm Havells, which owns appliances brand Lloyd, is planning to expand its export markets in the residential air-conditioner segment after doubling its production capacity, a top company official said on Tuesday. The company has invested around Rs 400 crore so far in the first phase of its new manufacturing unit at Sri City […]

Jumbotail raises Rs 151 cr in equity; aims to end fiscal at Rs 2500 cr GMV, ET Retail

[ad_1] Representative image New Delhi: B2B food and grocery marketplace Jumbotail has raised USD 18.2 million (around Rs 151 crore) in an extended Series C round, Ashish Jhina, co-founder and COO of the company told ETRetail. The e-tailer plans to use the funds to scale its go-to-market strategy. The round saw participation from internal and […]

SWAYAM January 2024 semester exam rescheduled due to Lok Sabha Elections, application begins | Competitive Exams

[ad_1] In view of the Lok Sabha Elections 2024, the National Testing Agency (NTA) has postponed the SWAYAM January 2024 semester examination scheduled on May 25. The exams will now be held on May 18, 19, 26 and 27, NTA said in the notification inviting online applications for the examination. SWAYAM January 2024 semester exam […]

Norway will invest half of $100 billion under EFTA: Norwegian envoy May-Elin Stener

[ad_1] Norwegian Ambassador to India May-Elin Stener. Photo: Special Arrangement Switzerland being the largest player is likely to contribute more than half of the $100 billion free trade pact India recently signed with the European Free Trade Association (EFTA), while Norway will bring in the rest, with Iceland and Liechtenstein contributing as well, Norwegian Ambassador […]

Nykaa: India bright on radar of global players; am optimistic about future: Nykaa Founder Falguni Nayar

[ad_1] New Delhi: India is beeping on the radar of global players with strong drivers like young, aspiring population, rising income levels, and resilient infrastructure and digital networks, Nykaa founder and CEO Falguni Nayar said on Monday, adding she is extremely “optimistic” and “confident” about the future. In an exclusive interview with PTI, the self-made […]

Ramadan 2024: 8 healthy sehri options for hypertension and heart disease patients fasting this Ramzan | Health

[ad_1] Ramadan is a sacred month for Muslims worldwide, marked by fasting from dawn till dusk and sehri, the pre-dawn meal, plays a crucial role in providing sustenance and energy for the day ahead however, for individuals with hypertension or heart disease, choosing the right foods for sehri is vital to maintain health and well-being […]