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Anant Ambani donates 25 e-buses to TTD, adds to Tirumala's growing EV fleet

New Delhi, June 29 -- Anant Ambani, Executive Director, Reliance Industries has donated 25 electric buses valued at Rs.27 crore, along with support for drivers and EV charging infrastructure to the Ti... Read More


Centre outlines two schemes to support medical device manufacture, development

New Delhi, June 29 -- Two sub-schemes have been outlined by the Department of Pharmaceuticals (DoP) to promote the local manufacturing and development of medical devices. The initiatives are under th... Read More


Oberoi Realty enters NCR with Rs.6,000 crore ultra luxury project

New Delhi, June 29 -- Oberoi Realty will invest around Rs.6,000 crore in an ultra-luxury residential project in Gurugram in its maiden development in National Capital Region. The project, " Three Six... Read More


Central Bank of India opens its IFSC banking unit at GIFT City

New Delhi, June 29 -- Central Bank of India on Monday opened its International Financial Services Centre (IFSC) Banking Unit (IBU) at Gujarat International Finance Tec-City (GIFT City). The public se... Read More


SBI concludes issuance of 3-year $300 m floating rate notes to attract foreign currency deposits

New Delhi, June 29 -- State Bank of India has concluded the issuance of $300 million senior unsecured floating rate notes having maturity of 3 years amid demand for leverage from non-resident Indians ... Read More


Jio BlackRock AMC launches Prism Hybrid Long-Short SIF

New Delhi, June 29 -- Jio BlackRock Asset Management has launched Prism Hybrid Long-Short Fund, a Specialised Investment Fund that will invest across equity, debt, derivatives and alternative opportun... Read More


Hindustan Zinc eyes energy transition, ventures into critical minerals

New Delhi, June 29 -- Hindustan Zinc targets its next phase of growth on the global energy transition by expanding beyond zinc into critical minerals, downstream manufacturing and technology-led minin... Read More


BPCL joins Shell, Tiki Tar to target India's road infrastructure boom

New Delhi, June 29 -- Bharat Petroleum Corporation Limited (BPCL) has entered a three-way joint venture with Shell Gas B.V. and Tiki Tar Industries (Baroda) Limited by signing a joint venture and shar... Read More


Himadri Speciality Chemicals plans 100 GW battery material plant to tap EV boom

New Delhi, June 29 -- Himadri Speciality Chemicals plans to set up a 100-gigawatt battery material manufacturing plant to produce cathode and anode materials, the key components of electric batteries.... Read More


Cement demand, prices under pressure amid monsoon and cost surge

New Delhi, June 28 -- The onset of south-west monsoon coupled with a slowdown in real estate activity and labour shortages, has damped cement demand and prices, even as rising operational cost continu... Read More