NCLAT grants exemption to 50 IL&FS's red & amber companies from CSR obligationsThe NCLAT has granted an exemption to certain IL&FS Group companies from corporate social responsibility spending. This waiver applies to '...
Amber Enterprises to acquire majority stake in PCB maker Shogini TechnoartsThe agreement is with Amber's subsidiary IL JIN Electronics under which the subsidiary will leverage Shogini's expertise in making printed ...
ChrysCapital, InCred invest in Amber subsidiary ILJIN ElectronicsILJIN Electronics India, an Amber Group subsidiary, secured ₹1,200 Crore in funding from ChrysCapital and InCred Growth Partners. ChrysCapi...
Amber Group buys over 40% in Israel's UnitronicsAmber Group is set to acquire a 40.24% controlling stake in Unitronics, an Israeli industrial automation firm, for over ₹400 crore. ILJIN E...
Amber Group acquires controlling stake in Unitronics to boost Industry 4.0 solutionsAmber Group, an electronics manufacturer, will acquire a controlling stake in Unitronics. Unitronics is an Israel-based industrial automati...
Amber Connect to open $1.6 mn centre in Coimbatore; hire 1,000 staff in 2 yearsAmber Connect, based in Jamaica, is set to open an innovation centre in Coimbatore, investing USD 1.6 million. The company plans to hire 1,...
Ascent Circuits to invest Rs 650 crore in new PCB facility at HosurAmber Group's subsidiary Ascent Circuits announces a Rs 650 crore investment to set up a PCB manufacturing facility in Hosur, Tamil Nadu. T...
Amber Group to venture into washing machine segment with Resojet in a JVSpeaking about their venture into the consumer durables market, the spokesperson of Amber Enterprises said, “This joint venture is a signif...
Titagarh Rail Systems inks deal with Amber group to enter railway component, subsystem bizA special purpose vehicle (SPV) will set up a new plant in India to manufacture critical railway components and subsystems used in the manu...
Amber Group signs MoU with South Korea’s Korea Circuit, YoungPoong Group Co.Amber Group, a leading homegrown air-conditioner contract manufacturer, has signed an MoU with South Korea's Korea Circuit through its vent...
Amber Group acquires 60% stake in Ascent CircuitsAmber Group has acquired 60% stake in Ascent Circuits Pvt. Ltd to boost its electronic manufacturing services (EMS) portfolio by increasing...
Crypto lender Amber mulls potential sale of Japan subsidiarySingapore-based Amber acquired Japanese crypto exchange DeCurret Inc. in 2022. While Japan has eased some digital-asset rules, other firms ...
Arzooo ties up with electronic makers Dixon, Amber to offer smart home appliancesArzooo has partnered with prominent players in electronic manufacturing like Dixon, Amber Group and others to introduce an expansive line u...
Arzooo to launch its own products in smart range of home appliances and electronicsArzooo’s at present has a distribution reach to over 40,000 retail stores. The company with its own range of products will try to address p...
Crypto lender Amber Group scraps bonuses, cuts jobsSince June, Amber has kicked off a series of cost-cutting measures including redundancies and wage reductions. Some of its management team ...
NCLAT seeks information on exposure to IL&FS ‘amber’ companiesAll but 50 of the 169 domestic group companies of IL&FS are currently enjoying a moratorium on all financial claims against them ordered by...
NCLAT seeks dues details from IL&FSAll but 50 of the 169 domestic group companies of IL&FS are currently enjoying a moratorium on all financial claims against them.