News Overview

With an initial investment of ₹139 crore, the Kanigiri unit will convert Napier grass grown on waste and barren lands into bio-gas using sophisticated technology.

The tax demand will not affect the company’s financials or operations, it said in a regulatory filing.

The Arbitral Tribunal ruled in favour of the company, ordering the government to pay the said amount plus interest at the rate of 12% per annum from the date of the award until payment.

The new factory is an initial investment of ₹900 crore in its first phase and will primarily manufacture prepared dishes and cooking aids from Nestlé India’s foods portfolio.

At 8.00 AM IST, CSI 300 index was down by 22.88 points the Nikkei 225 was down by 867.32 points and the Hang Seng index was down by 352.72 points.

The company’s annual aluminium production reached 2,421 kt, registering a 2% jump on a year-on-year basis.

The plant is located at the pithead of large high-quality raw material reserves, and near the existing putty manufacturing facilities in Rajasthan.

Here are some of the stocks that may see significant price movement today: UltraTech Cement, Jio Financial, Avenue Supermarts, etc.

Refined zinc production for the quarter was 214,000 tonnes and lead production was 56,000 tonnes.

The company has introduced a trial of the service in Bangalore, followed by a phased deployment across India by June 2025.