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Company Updates

IIT Madras-Backed Plugzmart Gains ARAI Certification for Indian EV Charger

In Short:Plugzmart, an IIT Madras-incubated startup, has received certification from the Automotive Research Association of India for its 60kW DC Fast Charger. This certification...

DCM Shriram Launches New Hydrogen Peroxide Plant in Gujarat

In Short:DCM Shriram Ltd has launched a new hydrogen peroxide plant in Jhagadia, Gujarat, with a capacity of 52,500 tonnes per year, starting operations...

Rane Madras and Madras Engineering to Provide Fossil-Free Castings for Volvo

In Short:Chennai's Rane Madras Ltd and Madras Engineering Industries are becoming key suppliers of fossil-free auto parts for Volvo Group Trucks. These parts, made...

Aprecomm, Indian SaaS Telco Start-Up, Plans Global Expansion

In Short:Aprecomm, a telco SaaS start-up, aims to expand into the US, UK, Latin America, and South East Asia within 6-9 months, having already...

IIT-Madras Incubator Youth Energy Secures ₹1.53 Crore in Funding

In Short:Yotuh Energy, a clean tech start-up from IIT Madras, raised ₹1.53 crore to develop electric refrigeration systems for cold chain logistics. Founded by...

Adani Group’s EBITDA Projected to Reach ₹1 Lakh Crore by December, Driven by Energy and Infrastructure

In Short:Adani Group's EBITDA is expected to reach ₹1 lakh crore by December, thanks to growth in its energy and infrastructure sectors. New solar...

Viksit Bharat 2047: Government Plans On-Demand Coal Supply for Consumers

In Short:The government is reforming India's coal sector to enhance access to commercial mining through a national coal exchange, allowing industries, particularly MSMEs, to...

JSW MG Motor India Aims for 50% EV Sales in FY25, MG Windsor EV Launch in Sept

In Short:JSW MG Motor India aims for 50% of its sales to come from electric vehicles (EVs) by FY25. They will launch the MG...

Kolte-Patil Developers’ CFO Khiroda Jena Resigns from Position

In Short:Kolte-Patil Developers Ltd's CFO, Khiroda Jena, resigned on August 17, 2024, to pursue other professional opportunities. Based in Pune, the company is a...

India Inc Launches Buyback Surge Ahead of Upcoming Budget Tax Reforms

In Short:Corporate India is rushing to offer share buybacks before new tax changes take effect on October 1. The government's Budget shifted tax liability...

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