It comes from non-petroleum sources such as ethanol. Compared to jet fuel, SAF has emitted 80% less greenhouse gas emissions.
The company is buying 7,914 equity shares at ₹10 each from existing shareholders. After the deal is consummated, DriveX will become a subsidiary of TVS Motor.
These pipes will be used in Rajasthan and Jharkhand, with a completion timeline of 40 weeks.
The agreement was signed as part of the London Roadshows led by Karnataka Industries Minister M.B. Patil.
The facility is managed by Tata International Vehicle Applications (TIVA) and complies with government guidelines for environmentally safe dismantling.
Cipla reported a net profit of ₹1,303 crore, marking a 15% increase compared to the same period last year.
The company was ensured that the sale of the land and building did not constitute part of its operational assets so that the sale will, in no way, impact the company's business operations
The deal is in line with the growth and diversification strategy of Primarc Group and will leverage DLF's expertise in asset management.
Post the final consultation with lead managers, details like IPO size and pricing will be out.
Cost for the land has been marked as ₹1,948 per square meter; if these conditions are met then the allotment would get its final.
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