State-run Container Corporation of India Ltd (CONCOR) on Thursday (July 9) said it has signed a long-term agreement with government-owned natural gas company GAIL (India) Ltd to establish an LNG dispensing station at CONCOR’s Inland Container Depot (ICD) in Khodiyar, Ahmedabad. Under the 15-year agreement, GAIL will have exclusive operational control and invest in setting…
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SK Hynix Inc. is telling investors it intends to price its US listing at $149 per American depositary receipt, according to people familiar with the matter, despite recent volatility in the Korean memory chipmaker’s shares. At that price, the ADRs would be about 3.1% above the Thursday closing price of the common shares in Seoul,…
Leading company in the electronic manufacturing services (EMS) space, Dixon Technologies (India) Ltd, on Thursday (July 9) said it has signed a joint venture agreement (JVA) and a shareholders’ agreement with Vivo Mobile India Private Ltd (VMI) to incorporate a joint venture company in India for the original equipment manufacturer (OEM) business of electronic devices,…
Borosil Renewables Ltd, India’s largest solar glass manufacturer, is in preliminary and exploratory talks for a strategic investment, with the company’s promoters potentially divesting part or all of their stake if discussions progress, CNBC-TV18 has learnt from sources. According to sources, the Kheruka family, which owns around 59% of Borosil Renewables, is evaluating strategic investment…
Foreign institutional investors (FIIs) turned net sellers in Indian equities on Thursday after four consecutive sessions of buying, offloading shares worth ₹532.86 crore, according to provisional exchange data. Domestic institutional investors (DIIs), meanwhile, extended their buying streak, purchasing equities worth ₹2,057.79 crore during the session. Provisional exchange data showed FIIs bought shares worth ₹14,388.41 crore…
Premier Energies Limited on Thursday commissioned a 5.6 GW solar module manufacturing plant at Seetharampur in Telangana, taking its total module manufacturing capacity to 11.1 GW. T The company also laid the foundation stone for a 6 GWh Battery Energy Storage System (BESS) plant and an aluminium frames unit with an annual production capacity of…
After witnessing a sharp sell-off in the previous session, the Nifty 50 rebounded modestly on Thursday, navigating a volatile trading session to close 80 points higher at 23,962. The index opened 46 points higher and climbed to an intraday high of 24,134 within the first 90 minutes of trade. It then traded in a narrow…
From TCS reporting its April-June quarter results to Mahindra & Mahindra reporting a 32.5% year-on-year increase in total sales to 1.04 lakh units in …Read More 1/10 Tata Consultancy Services Ltd. | Tata Group giant reported results for the April-June quarter, which were in-line with the already muted street expectations. In rupee terms, TCS reported…
Muthoot Microfin Ltd. on Thursday, July 9, reported an 18% year-on-year increase in assets under management (AUM) for the June quarter, driven by strong disbursement growth and improving collection efficiency. The company’s AUM rose to ₹14,457 crore as of June 30, compared with a year earlier, and was up 3% sequentially from the March quarter….
