HDFC Bank has initiated the process to identify a successor to Managing Director and CEO Sashidhar Jagdishan, whose current tenure is approaching its end.
HDFC Bank has initiated the process to identify a successor to Managing Director and CEO Sashidhar Jagdishan, whose current tenure is approaching its end.
Emami’s board is scheduled to meet on September 17 to consider a proposal for buyback of the company’s equity shares. The company has informed the exchanges that the board will discuss the proposal and disclose the outcome after the meeting.
Solar Industries India’s subsidiary has agreed to acquire South African mining chemicals company Omnia Holdings for around $1.36 billion. The transaction is aimed at expanding the group’s presence in the international mining and explosives market. The acquisition would strengthen Solar Industries’ overseas footprint and increase its exposure to mining markets outside India. The deal also […]
KEC International has secured new orders worth Rs.1,303 crore across its transmission and distribution (T&D) and cables businesses. The latest wins have taken the company’s T&D order intake to more than Rs.7,600 crore.
Air India is reducing its scheduled capacity by 8.8% YoY in September to around 3.2 million seats. The reduction is nearly twice the overall capacity decline expected across the airline industry during the month.
Ceigall India has reported an order book of around Rs.5,300 crore, strengthening its project visibility across infrastructure and transmission-related activities.
GRT Jewellers has announced an agreement to acquire a controlling stake in Tribhovandas Bhimji Zaveri (TBZ) for up to Rs.1,033.71 crore.
VA Tech Wabag has received an order valued between Rs.100 crore and Rs.250 crore from Reliance Industries. The contract relates to advanced industrial water treatment requirements and adds to Wabag’s order pipeline in the industrial water segment.
Nokia is looking to increase India’s role in its global supply chain and manufacturing operations. The company expects India to become more important as a production base, although high local costs remain a challenge for expanding manufacturing.
Volkswagen is exploring a strategic partnership with JSW Group aimed at strengthening its position in India’s passenger-vehicle market. The proposed cooperation could cover greater local sourcing, vehicle-platform sharing and expansion of manufacturing capacity.
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