ORIENTELEC News Today

CJ Darcl Logistics Files IPO Papers to Raise Capital

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The company plans to utilize the proceeds from the fresh issue, amounting to Rs 240 crore, for debt repayment, with an additional Rs 10 crore allocated for the purchase of electric vehicles.

• 29 September, 2023
• 2:19 PM
• less than a minute

Gensol Engineering's EV Arm Bags Rs 75 Crore Order for 500+ Tata Ace Cargo Electric Vehicles

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The order is from an all-electric logistics company, with an initial batch of over 20 EVs already leased

• 28 September, 2023
• 1:22 PM
• less than a minute

Aditya Birla Fashion completes purchase of 51% stake in TCNS Clothing, becomes promoter

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A 51% stake in TCNS Clothing has been acquired by Aditya Birla Fashion Retail Ltd (ABFRL), making it a promoter of the women's clothing company.

• 27 September, 2023
• 2:36 PM
• less than a minute

Zen Technologies Ltd. Bags order worth Rs 227.65 crores

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A full maintenance contract with a post-warranty cost of Rs 43.22 crore, including GST, is included in the contract.

• 26 September, 2023
• 12:41 PM
• less than a minute

Nirma will launch an open offer to purchase a 75% interest in Glenmark Life Sciences for Rs 5,6...

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Nirma Ltd. will conduct a required open offer to all public shareholders of GLS in accordance with SEBI regulations.

• 22 September, 2023
• 11:30 AM
• less than a minute

Adani Group forms JV for redevelopment of Mumbai’s Dharavi slum

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Adani Group verified the formation of the entity, Dharavi Redevelopment Project Pvt Ltd, without going into further detail.

• 22 September, 2023
• 11:22 AM
• less than a minute

JSW and LG Energy Solution may be negotiating to produce EV batteries in India

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The chairman of JSW, Sajjan Jindal, has publicly expressed his intention to produce electric vehicles and JSW's discussions to acquire a stake in MG Motor of China.

• 22 September, 2023
• 10:41 AM
• less than a minute

The government obtains substantial dividends from BHEL and Coal India Ltd

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The Government has received about Rs 1556 crore and Rs 88 crore as dividend tranches from Coal India Ltd. and BHEL, respectively.

• 21 September, 2023
• 2:07 PM
• less than a minute

Vedanta Ltd Shares Hit 14-Month Low Ahead of Key Board Meeting

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The board will discuss issuing private non-convertible debentures (NCDs) as part of their routine refinancing

• 21 September, 2023
• 1:44 PM
• less than a minute

Durga Prasad Chalavadi, CMD, Sai Silks Kalamandir Ltd.

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Management of the IPO-bound company chats with Sheetal Agarwal of IIFL to streamline the company’s strengths, performance and road ahead.

• 19 September, 2023
• 8:43 AM
• less than a minute