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INDUSTRIAL EXPANSION
Premji Invest pumps $35 million into Hical Technologies to expand aerospace, defence manufacturingPremji Invest has invested $35 million in Bengaluru-based Hical Technologies, marking the aerospace and defence components maker’s first in...- BMW Industries Q2 Results: Net profit rise 43% YoY to Rs 21.62 croreBMW Industries Ltd has reported an impressive 42.7 percent increase in net profit for the quarter ending on September 30. The firm's total ...
- IPO-bound BRND.ME’s Villain enters new category to tap a multi-billion fragrance marketBRND.ME is diversifying its Villain fragrance brand into the unisex market. The release of two new Eau de Parfums, named Muse and V-Code, m...
- Jai Balaji Group plans Rs 6000 crore investment in West Bengal for steel and renewable energy sectorsJai Balaji Group has announced an investment proposal of around Rs 6,000 crore in West Bengal. This investment focuses on specialized steel...
- Gulf Oil eyes market leadership in India, global expansion to drive next growth phaseGulf Oil aims to surpass its rival and achieve the market leader status in India's lubricants sector. The company plans to invest approxima...
- AI, data-center stocks slip as Democratic sweep clouds expansion plansStocks related to AI and data centers are facing a slump in premarket trading as Democrats secure significant wins in the US midterm electi...
- Tesla stock price today: Why TSLA falls as Democrats’ midterm election win puts Elon Musk’s AI data center plans at riskTesla stock (TSLA) fell as Democrats’ midterm victories raised concerns about AI data center expansion, particularly in Texas. Analyst Dan ...
- Bata puts its best foot forward on profits as inventory shrinks, distribution expandsBata India is banking on distribution expansion and tighter inventory management to drive growth, as adjusted profit before tax surged 31.4...
- IndiGo CEO Willie Walsh eyes 14 A321 XLRs by 2027-end, A350s in 2028IndiGo currently operates 4 A321 XLR aircraft, with plans to enhance its international routes. The airline will receive one additional A321...
- China to expand global access to yuan assets, promote Hong Kong as offshore hubChina plans to expand global access to yuan-denominated assets and strengthen Hong Kong's role as an offshore yuan hub. Meanwhile, regulato...
- Manufacturing activity eases in Oct as new order growth dropsManufacturing activity in India experienced a slowdown in October, decreasing from the previous month's growth. Despite this, the sector re...
- NTT Data to nearly triple Mangaluru workforce to over 2,500 by 2027The company entered Mangaluru through its acquisition of local cloud engineering company Niveus Solutions, and is looking to use the city a...
- Ambuja Cements to invest Rs 14,500 crore to add 30 million tonnes capacity by FY30Ambuja Cements will invest Rs 14,500 crore to increase its cement production capacity significantly by FY30. The company aims to boost its ...
- Ambuja Cements to invest $1.5 billion to raise capacity to 155 MTPA by FY30Ambuja Cements plans to invest ₹14,500 crore to enhance its cement production capacity by fiscal 2030. The current capacity of 113.5 MTPA i...
- IndiGo expects first Airbus A350 delivery in second quarter of 2028, CEO Willie Walsh saysThe anticipated delivery of IndiGo's first Airbus A350 wide-body aircraft is scheduled for the second quarter of 2028, according to CEO Wil...
- Tata Motors takes 89.42% stake in Iveco, gains control of Italian CV makerTata Motors has completed the acquisition of a controlling stake in Iveco Group, which now becomes an indirect subsidiary. The transaction ...
- Banks must go beyond lending to unlock Bengal's industrial potential: NITI Aayog's Ashok LahiriNITI Aayog vice-chairman Ashok Lahiri emphasized the need for banks to facilitate connections between businesses and financial resources. H...
- Germany's Merz says EU to shape better offer as global trade order comes under pressureGerman Chancellor Friedrich Merz has stated that the European Union will lead in shaping free trade offers. He highlighted the significance...
- Indian petrol demand to peak by 2035, says top refiner Indian OilIndian petrol demand is projected to peak by the year 2035 as electric vehicles become more prevalent. The chairman of Indian Oil Corp high...
- ET Business Growth Summit, Nagpur: Maharashtra minister Jaiswal calls for a rethink of industrial incentives to ease investor stressET Business Growth Summit in Nagpur highlighted land shortages, financing constraints, and rising energy costs as major challenges.
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