These initiatives are helping Tamil Nadu progress rapidly in industrial production while keeping pace with fast-growing global technology advancements
The company is seeking to capitalise on a global quest for artificial intelligence that's prompting customers to invest in computing and data storage capacity
The flat-rate tax system helps lower the overall burden for high-income earners, who tend to earn more through investments
Marudhar is engaged in the manufacturing of premium engineered quartz surfaces
Tamil Nadu Chief Minister M K Stalin on Thursday said the state government has signed a MoU with US-based Trilliant for establishing its manufacturing unit and a global support centre in the state at an investment of Rs 2,000 crore. The pact was signed in the US city of Chicago. The CM is on an official trip to the US to garner investments to the state and has already clinched a number of deals. "Exciting developments in Chicago! Secured a Rs 2000 crore MoU with Trilliant to establish a manufacturing unit as well as their Development & Global Support Centre in Tamil Nadu. Thanks to Trilliant for this valuable partnership," he said in a post on 'X.' According to an official release, Trilliant is a leading solutions provider relating to Advanced Metering Infrastructure, Smart Grid, Smart Cities and Industrial Internet of Things. The CM met senior officials of the North Carolina-based company, the release added. Similarly, Stalin held talks with officials of shoe-maker Nike. "Had ..
Eyes private credit for real estate, renewable energy
Jakson Group arm Jakson Engineers on Wednesday said it is planning to invest about Rs 2,000 crore for expansion of its solar manufacturing business. Jakson Engineers Ltd (JEL) -- part of the leading energy and infrastructure conglomerate Jakson Group -- announced a significant expansion of its solar manufacturing business, a company statement said. According to the statement, the company plans to invest approximately Rs 2,000 crore for setting-up a 2,500 MW Solar Cell manufacturing facility, which will be developed in two phases and is simultaneously expanding its existing solar module manufacturing facility to 2,000 MW. This expansion marks a major milestone for Jakson Engineers, reinforcing its dedication to meeting the growing demand for solar energy solutions. By significantly ramping up its manufacturing capabilities, Jakson aims to better serve its growing customer base and contribute meaningfully to the global shift towards renewable energy. Sundeep Gupta, Vice Chairman & .
Musk and Meloni have met on a number of occasions, including at a political festival last December thrown by the prime minister's right-wing Brothers of Italy party
Urges SMEs to go for alternative funds before exploring listing option
The initial public offer of Gala Precision Engineering got fully subscribed within minutes of opening for bidding on Monday. The initial share sale received bids for 47,77,444 shares against 22,23,830 shares on offer, reflecting 2.15 times subscription, as per NSE data till 11:21 hours. The portion for Retail Individual Investors (RIIs) garnered 3.15 times subscription while the quota for non institutional investors got subscribed 2.54 times. The initial share sale will conclude on September 4. Gala Precision Engineering Ltd has fixed a price band of Rs 503-529 per share for its Rs 168-crore initial public offering (IPO). The IPO is a combination of a fresh issue of 25.58 lakh equity shares worth Rs 135.34 crore and an offer for sale (OFS) of 6.16 lakh equity shares valued at Rs 32.58 crore by promoter group entities and individual shareholders. This aggregates the transaction size to Rs 168 crore at the upper end of the price band of Rs 529. Proceeds from the fresh issue will be
Policy reversals make little difference to the problem of private investment
Our newsletter this week tells you how to invest in passive funds and where to find luxury bedding
The latest policy is certainly an upgraded attempt to push the envelope in attracting investment
Chinese lenders are still facing challenges such as narrow margins and low loan rates
This forced insurers to introduce more cost-effective, customer-friendly products. "Manufacturers have eliminated the policy administration charge," says Rao
Exposure to fixed income, real estate likely could decline, says Sundaram Alternates report
Five important points worth further reflection with respect to the Economic Survey suggestion to promote FDI from China
By prioritising this, and cultivating a robust ecosystem for innovation and business growth, India can build the foundation to achieve sustainable economic growth and avoid the middle-income trap
Shashank Joshi, MUFG's deputy chief executive officer and head of global corporate and investment banking in India, said the bank has an exposure of about $15 billion in India
This conclave will build on the earlier editions held in Ujjain and Jabalpur as the Gwalior-Chambal region is better connected to other parts of the country