In a statement, Dabur stated that it has offered Rs 587.5 crore in cash to acquire a 51 percent ownership in Badshah Masala. According to the company’s news statement, the transaction should be finalised before March 31, 2023. The firm said, “Dabur India Limited has entered into a share purchase agreement and shareholders agreement with

Tata Power Solar Systems Limited (TPSSL), a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL) has launched off-grid solar solutions in West Bengal, Bihar, and Jharkhand. The high-efficiency solar modules, inverters, and batteries that are a part of the off-grid solutions are offered in 11 varieties that range from 1 to 10 Kw and

Hindustan Zinc Ltd. (HZL), which is owned by Vedanta, posted a consolidated net profit of $2,680 crore, an increase of around 33% year over year. Revenue from operations increased by more than 36% YoY to $8,336 crore, thanks to larger volumes of refined metal and silver, gains from strategic hedging, higher zinc prices, and advantageous

Through a combination of organic growth and acquisitions in the sectors of contract development & manufacturing services (CDMO) and complicated generics, Piramal Pharma stated that it would concentrate on scaling up its operations and increasing its margins. A division of Piramal Enterprises produced Piramal Pharma. On October 19, its shares were listed on stock exchanges.

For the installation and commissioning of rooftop solar projects at two thermal power plants in Uttar Pradesh with a combined capacity of 4 MW, Bharat Heavy Electricals (BHEL) has issued two tenders. On November 1, 2022, bids for both tenders must be submitted. The day of the opening of bids will be used. The first

Tata Steel announced the signing of a pact with automobile major Ford for the supply of “Zeremis”, or zero-emission green steel, to the company. As per the memorandum of understanding (MoU), the supply to Ford would be initiated after Tata Steel’s plant in the Netherlands’ IJmuiden “switches to green hydrogen-based steelmaking”. Ford is now the

SJVN Green Energy, a fully owned subsidiary of SJVN, has begun commissioning work on its 75 MW solar power project in Uttar Pradesh’s Tehsil Kalpi, District Jalaun, not far from Kanpur. By the end of this month, on October 30, 2022, the entire 75 MW capacity must be operational. The project will produce 168.34 Million

Geosphere Glassworks GmbH and Laxman AG, two overseas wholly-owned subsidiaries of Borosil Renewables, have successfully acquired an 86% share in GMB Glasmanufaktur Brandenburg GmbH (GMB) and Interfloat Corporation (Interfloat), respectively. With effect from October 21, 2022, GMB and Interfloat are now both step-down subsidiaries of the Company. The company said in a statement, “With its

Surya Roshini Limited informed that it has obtained orders worth Rs110.53 crore (including GST) for the supply of API- 5L 3LPE Coated ERW pipes and bare pipes from Indian Oil Corporation Limited, Adani Total Gas Limited and SKN- Haryana City Gas. The total value of order received from Adani Total is Rs 14.67 crore. The

A prominent global infrastructure EPC firm, RPG Group Company KEC International Ltd., has acquired fresh orders totaling Rs. 2,042 crores for its various operations. The RPG group company’s transmission and distribution (T&D) business has secured orders for T&D projects in Middle East and Americas, it said in a statement. This order is for the supply