Auto Sector

It will acquire a 100% stake in Sobek Auto India Pvt. Ltd.

The partnership with Greenko will accelerate Serentica's mission to transition energy-intensive industries to clean energy and contribute to reversing climate change

The private sector lender has reduced the issue size from Rs 998 crores, which initially included a fresh issue of Rs 800 crores and an offer for sale of Rs 198 crores.

More than 10,000 people work at the factory assembling the newest iPhone 14 model.

According to a regulatory filing by Minda Corporation, the product would be produced at the Pune site of Spark Minda Green Mobility Systems, a wholly-owned subsidiary.

With a market valuation of $27.15 billion, Tata Motors is now positioned just below Hyundai Motor in terms of market capitalization.

In early Asian trading, the comments caused the dollar to fall to a two-month low of 101.88 against a basket of currencies as traders reduced their projections for how far U.S. interest rates will rise.

Proceeds from the fresh issue will be utilised to augment the lender's Tier 1 capital base to meet future capital requirements.

The company has set July 28 as the record date for the subdivision (split) of its equity shares.

"We cannot force them (the government). The Union may claim that the current state of the market prevents it from obtaining the best price, the CJI said.