According to a Monday news announcement, Gautam Adani's business reported that its cash balance amounted for 24.8% of gross debt.
Techno Electric & Engineering Company Ltd said on Friday (16 August) that it has teamed with Indigrid to jointly construct two of Indigrid's greenfield Interstate Transmission System (ISTS) projects.
The Alathur facility is key to Strides' global operations, especially in the US and other regulated markets, specializing in the production of tablets and capsules.
The momentum continued into FY24, with deposits increasing by Rs 24.3 lakh crore and credit by Rs 27.5 lakh crore.
"Our China plant is expected to be commercialised in Q3 FY25, with a ramp-up beginning in Q4 FY25," Subramanian said during an analyst call.
Escorts Kubota Ltd intends to invest up to ₹4,500 Crore to establish a green field facility in Uttar Pradesh.
Drug company Jubilant Pharmova Ltd will acquire an 80% stake in Pierre Fabre Laboratories' Research & Development Centre in Saint Julien, France.
Stocks that have reached 52-week highs on the Nifty are Shriram Finance, TCS, and Tech Mahindra.
In Q1 of this fiscal year, TVS Motor sold 52,000 electric two-wheelers, a significant increase from 39,000 units in the same period last year.
Samvardhana Motherson International Ltd (SAMIL) has successfully acquired a 34% stake in Motherson Auto Solutions Ltd (MASL) from Sojitz Corporation.

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