Business Issues

Ambuja Cements Approves Merger with Sanghi Industries for Operational Synergy

The Board of Directors of Ambuja Cements Limited approved a Scheme of Arrangement on December 17, 2024, for the amalgamation of Sanghi Industries Limited with Ambuja Cements Limited. Ambuja Cements...

IMFA Partners with JSW Green Energy for 70 MW Renewable Power Project

Indian Metals & Ferro Alloys Limited (IMFA) has signed an agreement with JSW Green Energy One Ltd. and JSW Green Energy Seven Ltd. on December 17, 2024, to procure 70...

MINDA-HCMF Technologies Private Limited: Joint Venture for Automotive Sunroof Solutions

Minda Corporation Limited and HSIN CHONG MACHINERY WORKS CO., LTD (“HCMF”) have established a joint venture named MINDA-HCMF TECHNOLOGIES PRIVATE LIMITED. Both companies will equally contribute 50% of...

RailTel and Texmaco Announce Major Domestic Orders in India

Two Indian Companies Secure Major Contracts This article highlights significant order wins by two Indian companies: RailTel Corporation of India Ltd. On December 16, 2024, at 3:00 PM, RailTel...

Happiest Minds Announces Merger of Aureus Tech Systems with Happiest Minds Inc.

Happiest Minds Technologies Limited has announced the merger of Aureus Tech Systems LLC (Aureus) with Happiest Minds Inc., effective December 14, 2024. Aureus, a wholly owned subsidiary of Happiest...

Godavari Biorefineries to Set Up 200 KLPD Grain-Based Distillery at Sameerwadi

Godavari Biorefineries Limited has announced a capital expenditure plan of approximately Rs. 130 crore to establish a new corn/grain-based distillery at its Sameerwadi manufacturing unit. The...

Alphageo Wins ONGC Contracts for 2D Seismic Data Acquisition

Seismic data acquisition plays a vital role in the exploration and production of oil and natural gas. It involves advanced methodologies to collect and analyze information about subsurface geological...

Mamata Machinery IPO: Key Details, Dates, and Investment Insights

Mamata Machinery Launches IPO to Raise ₹179.39 Crores via OFS Mamata Machinery, a leader in manufacturing and exporting plastic packaging machinery, is set to launch its Initial Public Offering (IPO)...

HBL Engineering Secures ₹1,522 Crore Order for Train Safety System (KAVACH)

HBL Engineering Limited (formerly HBL Power Systems Limited) has secured a significant order valued at ₹1,522.40 Crores (excluding applicable taxes) from Chittaranjan Locomotive Works. The contract...