Greaves Electric offers to pay ₹125 crore for flouting FAME subsidy normsGreaves Electric Mobility, formerly known as Ampere Electric Vehicles, has offered to refund the subsidy it received under the FAME India s...
IRM Energy and Lohia Corp get Sebi nod to raise funds via IPOIRM Energy’s IPO is a complete fresh issue of up to 10,100,000 equity shares with a face value of Rs 10 per equity share. Meanwhile, Lohia ...
FirstMeridian Business, IRM Energy, Lohia Corp get Sebi go-ahead to float IPOsGoing by the draft papers, staffing firm FirstMeridian Business Services Ltd's Rs 740-crore IPO comprises fresh issuance of equity shares w...
Kanpur-based Lohia Corp files DRHP for IPOThe company will reserve 50 per cent of the net issue for the qualified institutional buyers (QIBs), whereas non-institutional bidders will...
Home-grown scooter brand LML set to sail overseas in all-new avatarSG Corporate Mobility, which acquired the LML brand last year, is readying for launch three products - an e-bike, a hyperbike and electric ...
Stocks in the news: Hero MotoCorp, ONGC, HUL, Thermax and Tata PowerThe overseas investment arm of state-owned ONGC has made an oil discovery in a block in Colombia.
LML announces foray into e-scooter space, to invest Rs 1,000 crore in next 3-5 yearsLML Electric is currently in talks with the state governments of Haryana and Madhya for setting up a manufacturing unit with total installe...
The world's 2-billion-ton trash problem just got more alarmingThe dumping of rich countries’ unwanted waste has fuelled a media storm the world over.
Hinduja family tops Asian Rich List with £25.2 bn; LN Mittal at 2The London-based industrial tycoons are leading the list for the sixth successive year.
The Machinist Super Shopfloor Awards 2017The Machinist awards India’s top manufacturing plants India’s leading manufacturing plants like Hyundai Chennai , Ashok Leyland Pantnagar a...
LML to shut operations with no feasible revivalThe company has about Rs 243 crore total debt, while lenders and the workmen together put up a claim of about Rs 500 crore.
TVS eyes electric two wheeler space, to roll out products soonThe Chennai-based company, with its prior experience in electric mobility, is developing models which it thinks would fulfil requirements o...
Tatas may exit fertilisers with Haldia unit sale to Prakash Lohia of Indorama CorpThe Tatas are in advanced negotiations with Indian-born Indonesian billionaire Prakash Lohia of Indorama Corp to sell the Haldia unit on a ...
Plan of Multi-Model Transportation Hub at Surat discussedIRSDC officials held discussions with the representatives of reputed developers and other real estate players for developing Surat in South...
- Is buying Adelie for $350 million a good strategy for India Hospitality?
India Hospitality is buying Adelie for $350 million—a company that is 35 times its size, for a price that is 7 times its net worth. And its...