India currently has 150 Gw of installed RE capacity

Renewable energy, solar power, clean energy

Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, is expected to launch its much-awaited Rs 25,000-crore initial share-sale for public subscription on October 14, people familiar with the development said on Thursday.
This would be the largest initial public offering (IPO) in India after LIC's initial share sale of Rs 21,000 crore.
According to the Draft Red Herring Prospectus (DRHP) filed in June, Hyundai Motor India's proposed IPO is entirely an Offer-for-Sale (OFS) of 142,194,700 equity shares by promoter Hyundai Motor Company, with no fresh issue component.
Sources had previously stated that the South Korean automaker is looking to raise at least USD 3 billion (about Rs 25,000 crore) through an initial share sale.
This development marks a significant milestone for the Indian industry, as it is the first automaker's initial share sale in over two decades, following Japanese automaker Maruti Suzuki's listing in 2003.
The South Korean parent is diluting s

Share Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty 50 were trading lower after a slow start on Friday.

Stock Market, BSE, NSE, Nifty, Capital, Market

The merger of AIX Connect with Air India Express is an important milestone in the transformation journey of Air India Group and the merged entity will cater to the growing air travel demand, Campbell Wilson said on Tuesday.
Wilson is the Managing Director and Chief Executive Officer of Air India as well as the Chairman of Air India Express.
Aviation regulator DGCA has approved the merger of AIX Connect with Air India Express, which will now focus on future growth and transformation agenda, according to a release.
The merged entity will operate under the 'Air India Express' name and a unified airline code 'IX'.
With the merger completed, Air India Express will focus on a future growth and transformation agenda.
"About a year ago, we started the integration of AIX Connect and Air India Express, bringing the two organisations together behind a common brand.
"Alongside, we worked on the complex integration exercise culminating today in the operational and legal merger of the two ...

Campbell Wilson, Campbell, Wilson, Air India CEO

India has been a "trusted partner" in Jamaica's development journey and it is ready to share expertise in a range of areas, including digital public infrastructure, biofuel, innovation and health with the Caribbean nation, Prime Minister Narendra Modi said on Tuesday.
Modi made the remarks after holding wide-ranging talks with Jamaican Prime Minister Andrew Holness.
In his media statement, Modi said he and Holness also discussed regional and global issues and agreed that all tensions and disputes should be resolved through talks and that both sides will continue to work towards ensuring global peace and security.
India and Jamaica are unanimous that reform of all global institutions, including the UN Security Council, is necessary, he said,
Modi said India has been a "trusted and committed" development partner in Jamaica's growth journey and it will remain so.
"We are ready to share our experience with Jamaica in areas of digital public infrastructure, biofuel, innovation, health,

Modi, Narendra Modi, Andrew Holness, Andrew

The funds will be raised in one or more tranches through public and/or private offerings

Godrej Properties

Zoho CEO Sridhar Vembu called for a much-needed shift towards healthier, balanced workplaces that can thrive in the long run

Sridhar Vembu Zoho

A petition by the father of two women claiming to live at the Isha Foundation willingly has led the court to seek a report on all criminal cases against it

Sadhguru,Jaggi Vasudev,vote,voting

US President Joe Biden has affirmed Israel's right to retaliate to Tuesday's Iranian missile attack, while the Israeli Cabinet has delayed its response in a bid to coordinate with Washington

Iran-Israel, Israel-Iran

Sukhvinder Singh Sukhu-led Himachal Pradesh government revised rates for water supply in the state which includes new tax measures and incentives

Toilet tax | Photo by Tim Mossholder on Pexels

toilet

Mumbai based pharmaceutical company Indoco Remedies share price surged 3.13 per cent at Rs 349.95 per share on the BSE

pharmacy, drugs, medicine, pharma companies, pharmaceuticals, vaccine, coronavirus, covid, testing

This will notably be the second time that Muizzu is visiting India this year after attending the swearing-in ceremony of Prime Minister Narendra Modi earlier this June

Narendra Modi, Mohamed Muizzu

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Flush with funds: Himachal rolls out 'toilet seat tax' amid crisis; details

Indoco Remedies shares rise over 3% on USFDA nod for allergy drug

Maldives President Mohamed Muizzu likely to visit India on October 7

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Leading renewable energy firms in India seek buyers for 20 Gw assets

Hyundai Motor India likely to launch Rs 25,000 crore IPO on Oct 14

Stock Market LIVE Updates: Sensex down 700pts, at 81,800, Nifty down 200pts, at 25,050; Auto drags

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