CAPEX & FUTURE PLAN
Incorporated in May 1996, Hyundai Motor India Limited is a part of the Hyundai Motor Group, which is the third largest auto original equipment manufacturer in the world based on passenger vehicle sales. Hyundai Motor India Limited’s investment in renewable energy, based on the sources provided: Partnership Overview: Hyundai Motor India has entered into an…
NSE: BIKAJI:Rs.736.45(- 0.39%) Bikaji Foods International Limited is one of India’s largest fast-moving consumer goods (“FMCG”) brands. The company’s product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily include gift packs (assortment), frozen food, mathri range, and cookies. Summary of the acquisition details based…
Vakrangee Limited (VL), one of India’s largest last-mile distribution platforms, has entered into a strategic partnership with Bangiya Gramin Vikash Bank (BGVB). Through this collaboration, Vakrangee will serve as a Corporate Business Correspondent (CBC) and offer banking services via its extensive network of Vakrangee Kendras. This partnership will expand Vakrangee’s footprint in rural West Bengal…
Barbeque-Nation Hospitality Limited, an Indian company, operates internationally through its wholly-owned Dubai-based subsidiary, Barbeque Nation MENA Holding Limited. This entity further owns a step-down subsidiary in Colombo, Sri Lanka, named Barbeque Nation Lanka (Pvt) Ltd. As a step-down subsidiary, Barbeque Nation Lanka (Pvt) Ltd qualifies as a related party to Barbeque-Nation Hospitality Limited under Section…
Shilpa Pharma Lifesciences Secures CEP for Nifedipine API from EDQM Shilpa Pharma Lifesciences Limited, a wholly-owned subsidiary of Shilpa Medicare Limited, has been granted a Certificate of Suitability (CEP) by the European Directorate for the Quality of Medicines & Healthcare (EDQM) for its Active Pharmaceutical Ingredient (API), Nifedipine. A CEP certifies that the API complies…
Havells India to Establish New Refrigerator Manufacturing Facility in Rajasthan Havells India Limited is enhancing its manufacturing capabilities by setting up a new refrigerator production facility in Ghiloth, Rajasthan. The new facility will have a proposed capacity of 1.4 million units. Operations are expected to commence by Q2 of FY 2027. The project involves an…
Waaree Energies Limited Q2 and H1 FY25 Financial Highlights Strong Q2 FY25 Performance:Waaree Energies Limited delivered robust financial results in the second quarter of FY25: Profit After Tax (PAT): The company achieved a 17.35% year-over-year (YoY) growth in PAT, reaching ₹3,756.59 million in Q2 FY25, compared to ₹3,201.21 million in Q2 FY24. EBITDA Growth: EBITDA…
PG Electroplast Partners with Spiro Mobility for Exclusive EV Manufacturing in India Key Responsibilities in the Partnership PG Technoplast Pvt. Ltd.: A subsidiary of PG Electroplast, PG Technoplast will establish and manage manufacturing facilities for electric vehicles, lithium-ion batteries, and related components. They will also oversee procurement of parts and raw materials as per Spiro…
On November 16, 2024, Datamatics Global Services Ltd announced the incorporation of a wholly-owned subsidiary, Datamatics Global Services LLC-FZ, in the Meydan Free Zone, Dubai, UAE. Established on November 15, 2024, the subsidiary has an initial share capital of AED 50,000. As a wholly-owned entity, it is classified as a related party of Datamatics Global…
Haridwar, November 2024: Wonder Electricals Limited (WEL) has announced plans to expand its manufacturing capabilities by introducing a new plastics range of Table, Pedestal, and Wall (TPW) fans at its Haridwar facility. This marks a strategic move to capitalize on growing market demand and reduced imports in this segment. Key Highlights New Capacity: The Haridwar…