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Company Updates

Northern Arc Secures ₹229 Crore from Anchor Investors in Latest Round

In Short:Northern Arc Capital has secured ₹229 crore from 15 anchor investors at ₹263 per share for its IPO. Major investors include Quant MF...

LG Selects Banks for $1.5 Billion Listing of Its Indian Subsidiary

In Short:LG Electronics is planning an initial public offering (IPO) for its Indian business, potentially raising up to $1.5 billion. They have enlisted banks...

Ashok Leyland’s ‘Road to School’ Project Targets One Million Students by 2030

In Short:Ashok Leyland’s Road to School (RTS) programme won a Changemaker award for improving education in Tamil Nadu's government primary schools. Starting with 36...

ZF Rane Launches New Inflator Plant and Sled Testing Facility

In Short:ZF Rane Automotive India Pvt Ltd has launched a new inflator plant and sled test facility in Tiruchirappalli, Tamil Nadu, with an investment...

Ford Indicates Plans to Resume Chennai Plant Operations for Exports

In Short:Ford plans to restart manufacturing at its Chennai plant after halting operations two years ago. The company aims to focus on export-oriented production,...

Caterpillar to Invest ₹500 Crore, Expand Operations in Tamil Nadu

In Short:Caterpillar, a leading US construction equipment company, plans to invest ₹500 crore in Tamil Nadu to boost production at its Tiruvallur and Hosur...

Agappe Diagnostics and Fujirebio Holdings Partner to Create Diagnostic Tools

In Short:Agappe Diagnostics Ltd. has partnered with Fujirebio Holdings Inc. to launch India's first “Make in India” In-Vitro Biomarkers using CLEIA technology. This advancement...

Private Sector Constitutes One-Fifth of EIL’s Business Operations

In Short:Vartika Shukla, Chairman of Engineers India (EIL), announced that the company has nearly doubled its private sector business. They’ve diversified into various sectors,...

ONGC Videsh, Oil India, Khanij Bidesh Partner with UAE Firm on Minerals MoU

In Short:ONGC's subsidiary ONGC Videsh (OVL), along with Oil India and Khanij Bidesh India, has partnered with UAE's International Resources Holding to explore and...

PSU Oil Giants Fuel EV Revolution with Charging Network Growth in FY24

In Short:In FY24, India's major oil companies added over 7,800 electric vehicle (EV) charging stations, boosting the total to nearly 17,000 nationwide. Indian Oil...

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