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Ashok Leyland to set up bus plant in Uttar Pradesh, invest Rs 1,000 cr

Commercial vehicle manufacturer's first such facility in the state will initially produce 2,500 buses annually

RR Kabel IPO subscribed 1.4 times, Lukewarm response for Zaggle Prepaid

The IPO of Zaggle Prepais Ocean Services was subscribed 19 per cent on Thursday, the first day of its issue

RR Kabel IPO subscribed 1.4 times, Lukewarm response for Zaggle Prepaid

The initial public offering (IPO) of RR Kabel was subscribed 1.4 times on Thursday, the second day of the issue. The IPO of Zaggle Prepais Ocean Services was subscribed 19 per cent

Axis Finance moves NCLAT against NCLT order approving Zee-Sony merger

The tribunal questioned the credibility and surety of the Sebi in completing the probes within eight months

Adani Enterprises-Kowa partnership for exports to Japanese market

Adani Enterprises said it has formed a joint venture company named Kowa Green Fuel Pte. Ltd, which is a 50:50 joint venture with Kowa Group

EPFO to generate 16 mn net payrolls in FY24, says SBI Ecowrap report

More people might be sticking to current employment as number of members rejoining or resubscribing pension fund has declined, it says

RR Kabel IPO subscribed 25% on day 1, price band at Rs 983 to Rs 1,035

The fresh issue component of the IPO is only Rs 180 crore and the remaining is secondary share sale by promoters and TPG

Bombay Dyeing to sell 22 acre plot for Rs 5,200 cr to Japan's Sumitomo

The Wadia group owns 700 acres of land in and around Mumbai, housed under various companies and charitable trusts

High on cash, MFs can support market in near term, says Goldman Sachs

According to the report, these schemes together manage assets worth $6.7 billion

Hindalco announces tech partnership with Italian firm to make rail coaches

Novelis, Indian firm's subsidiary, secures anchor customer for upcoming US plant

Enventure launches centre for advanced digital construction in Shivamogga

The centre plans to hire about 100 engineers from PESITM in the next year and train them for three months to make them industry-ready to handle projects related to Building Information Modelling (BIM)

Tata Power's Tamil Nadu solar cell unit gets $425 mn from US govt agency

Investment by Development Finance Corporation will supporting India in its clean energy transition, says Tata Power

Larsen & Toubro revises buyback price upward to Rs 3,200 per share

"The company is confident that the shareholders will take advantage and benefit from the buyback offer," Shankar Raman, Whole Time Director and chief financial officer, said

Reappointment of ICICI Bank CEO Sandeep Bakhshi gets RBI approval

Bakhshi took charge of the second largest lender on October 15, 2018. Prior to his appointment as MD & CEO, he was a Wholetime Director and the Chief Operating Officer (COO) of ICICI Bank

TVS Supply Chain Solutions posts net loss of Rs 65 crore in first quarter

Expansion in existing engagements and new business development drove revenue growth. During the quarter, the company commenced a seven-year transformational engagement with Centrica PLC

Essar, Desert Tech sign pact for green steel solutions in Saudi Arabia

Essar has been tying up the back end for its proposed Saudi steel plant, which is expected to start production in 2027

RBI approves Gupta's appointment as interim Kotak Mahindra Bank MD & CEO

On 2 September, the lender said Gupta has been appointed as interim managing director and chief executive officer after Uday Kotak stepped down, four months before his current term

Securities Appellate Tribunal defers Zee-Sebi matter to September 13

The confirmatory order passed by Sebi chief Madhabi Puri Buch barred Goenka from holding any key managerial positions in the Zee group of companies

NIIT Learning completes investment in EIT InnoEnergy for clean energy

InnoEnergy currently has a portfolio of 200 companies, three of which are unicorns, on track to generate $118 billion in revenue and save a total of 2.1G tonnes of CO2e by 2030