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BHEL sets up 'Make in India (MII) Business Development Group'
The company has taken various steps towards Aatmanirbhar Bharat. These include floating an Expression of Interest (EoI) inviting global manufacturing companies to leverage BHEL facilities and capabilities to set up a manufacturing base in India as well as take up efforts towards indigenisation of major imports, especially in the capital goods sector.
After drawn out battle, Murugappa Group set to discuss Valli Arunachalam's board entry
Arunachalam, a nuclear engineer by training, is the el...
Election Commission examines remote voting option, sets up tech advisory group
Chaired by Prof Rajat Moona, the former director general of th...
Blackpink documentary set for Netflix premier on October 14
The film will culminate with the K-pop band's historic 2019 performance at Coachella.
Vodafone Idea likely to set aside ₹5,000 crore yearly for AGR payments as priority funding
"Payable AGR dues have to be planned and therefore those funds have to be first set aside. The biggest worry about fundraising is the ability to convince investors on the RoI (return on investment)," said a close adviser to the Aditya Birla Group (ABG).
TVS Group set to announce restructuring of holding company
TVSIS has stakes in multiple group companies, owned by third generation, all cousins.
mjunction sets up Support Groups to ensure employee engagement in lockdown
mjunction, which is country's largest B2B e-commerce company, also stayed on course with its recruitment plans despite the nation-wide lockdown in March-April which led to most economic activities coming to a virtual standstill.
SP Group says separation from Tata Group is in best interest of all stakeholders
It was crucial that an early resolution is reached to arrive at a fair and equitable solution reflecting the value of the underlying tangible and intangible assets. In the midst of a global crisis triggered by the COVID Pandemic, the Mistry family were in the midst of raising funds against the security of their personal assets to meet the crisis arising from the global pandemic.
Murugappa Group set to win Swiss challenge for CG Power after no fresh bids, say sources
Chennai-based Murugappa Group firm Tube Investments of India Ltd (TIIL) had earlier this month offered to invest Rs 700 crore in CG Power and Industrial Solutions Ltd for a 56.6 per cent stake.
What the exit of Shapoorji Pallonji Group will mean for the Tatas
The Shapoorji Pallonji Group’s (SP Group) decision yesterday to sever its relationship with the Tata Group will likely bring an end to the on-going battle between the two groups.
Swedish furniture giant IKEA Retail sets up global operations centre in India
The move will help to streamline, simplify, and standardise ways of working and operations, while diversifying the overall digital footprint, it added. Besides Bengaluru, Ikea Retail has GBO in Poznan (Poland), Shanghai (China) and Baltimore (the US).
Covid impact: Automobile companies set to face further impairment on development cost, manufacturing facilities
Industry insiders say that many automobile companies also have large intangibles on their asset sides in their balance sheets. In most cases, these include designs and patents related to new or upcoming product lines. These, too, say experts are being questioned.
Sebi constitutes technical group on social stock exchange
The group will also prescribe disclosure requirements relating to performance and dwell upon aspects related to social impact and social audit, Sebi said in a statement.
Reliance set to dominate India's retail space with Future acquisition. Here's why
While the deal will lead to a 15% increase in Reliance Retail’s outlets to over 14,000 outlets, its grocery segment may be the biggest gainer with its store count more than doubling to nearly 2,000 outlets and fashion and lifestyle outlets will rise by 23% to over 2,900 doors. Reliance’s warehousing capacity will also increase 80% to 18.2 million sq ft.
French firm EDF looks to set up 'centre of excellence' in civil nuclear space in Maharashtra
EDF, which is engaged in the development and construction of the biggest nuclear plant in the world, with six EPR (European Pressurised Reactor) reactors totalling close to 10,000 MW at Jaitapur, along with state-run NPCIL, is aiming to develop a large pool of diversified skills in India to support the project, the company said in a statement.