Shaktikanta Das, the current RBI Governor, completes his tenure tomorrow. The government has appointed Mr. Sanjay Malhotra, formerly the Revenue Secretary, as the new RBI Governor effective November 11. Mr. Malhotra, a computer science graduate from IIT Kharagpur with a master’s degree in public policy from a U.S. university, brings 33 years of diverse experience…
Grasim Industries Expands Caustic Soda Lye Production at Vilayat Plant Grasim Industries Limited has achieved a significant milestone with the successful expansion of its Caustic Soda Lye production capacity at the Vilayat Plant in Gujarat, India. Project Completion: The expansion was completed on December 8, 2024, further solidifying Grasim’s position in the chemicals industry. Capacity…
Styrenix Performance Materials to Acquire INEOS Thailand Styrenix Performance Materials Limited (SPML) has announced the acquisition of INEOS Styrolution (Thailand) Co., Limited (INEOS Thailand) to expand its global footprint and strengthen its portfolio in specialty polymers. Here are the key details: Acquisition Details:SPML will acquire 100% shareholding of INEOS Thailand through its step-down subsidiary in…
Datamatics Acquires TNQ Tech to Strengthen Digital Publishing Services Datamatics Global Services Ltd has announced a significant step forward in its digital publishing and technology services with the acquisition of TNQ Tech Private Limited. Here are the details of this strategic move: Acquisition Announcement:On December 9, 2024, Datamatics revealed its plan to acquire 100% ownership…
Hyundai’s Expanding EV Charging Infrastructure Hyundai Motor India Limited (HMIL) is accelerating the growth of EV infrastructure in India with a focus on accessibility, convenience, and advanced technology. Here are the highlights of their initiatives: Nationwide Expansion:HMIL is establishing nearly 600 public EV fast charging stations across highways and major cities over the next seven…
Trident Group’s Investment in Madhya Pradesh Trident Group continues to make significant strides in industrial development and employment generation in Madhya Pradesh. Here are the key highlights of their recent initiatives: Participation in Industry Conclave: Trident Group Chairman, Shri Rajinder Gupta, attended the Invest Madhya Pradesh: Regional Industry Conclave in Narmadapuram. He discussed investment opportunities…