Japan’s JFE Steel has completed its ₹15,750 crore investment in JSW JFE Kalinga, acquiring a 50% stake through the second tranche of the transaction and formalising joint ownership of the steel venture.
The government is in the final stages of approving the Dixon-Vivo joint venture, marking a major boost for India’s electronics manufacturing sector. Once operational, the JV is expected to significantly expand Dixon’s smartphone production capacity and strengthen its premium manufacturing…
Under the contract, RailTel will serve as the technology partner for the development, upgradation, implementation, operation and maintenance of the DigiThane Citizen Engagement Platform for a period of 10 years.
Tata Communications will invest $63 million in the MIST cable system connecting Mumbai and Singapore during FY27 and $89 million in Project CS, a new subsea cable linking Chennai and Singapore, from FY27 to FY31.
Taher Badshah, Chief Investment Officer at Invesco Mutual Fund, expects EV adoption to increase gradually with policy support, while opportunities are emerging in power distribution alongside transmission. Badshah also said SIP inflows remain stable and mutual fund industry trends are…
MCX gold and silver futures fall as global bullion slides, with US Federal Reserve rate hike expectations and a strong dollar driving sustained bearish pressure.
Shilpa Medicare shares rose over 5% after its subsidiary partnered with Orion to co-develop and supply a nivolumab biosimilar for Europe. Orion will market the drug, while the Shilpa Medicare arm handles manufacturing. The deal aims to expand access to…
Shares of the demerged Vedanta entity listed on the exchanges earlier this month. The aluminium business is said to be the key driver of value out of the four demerged entities.
Apollo Tyres has underperformed its peers over the past two years due to a loss of market share in the truck and bus radial (TBR) segment and the absence of operating leverage, which has weighed on margins.
Applied Aerospace & Defense, a key SpaceX supplier, raised $650 million in its IPO at $20, now $20.53, as major Wall Street banks initiate buy and outperform ratings with targets up to $30.