News Overview

They manufacture both Lithium Iron Phosphate (LFP) and Nickel Manganese Cobalt (NMC) batteries here with an annual production capacity of 60,000 battery packs.

The contract is worth seven years, 12 months for implementation, three months for warranty coverage and five years and nine months for support and maintenance services

The project is domestic and has a timeline of 18 months for completion, in accordance with SEBI rules. The total contract value stands at ₹156.36 crore.

Following the acquisition, T Steel Holdings Pte Ltd will continue to be a wholly owned subsidiary of Tata Steel.

The agreement, which is discussed up to April and approved by Pfizer's Board of Directors, will be for five years, with discussions ending on 21 February 2025.

The partnership will also develop CUAS technologies, which are focused on identifying and mitigating drone-based threats to provide a robust aerial security solution.

The DCT system enables continuous communication between the ship and the shore arms, with high precision, speed, security, and reliability of critical maritime operations.

Top gainers in Sensex include Tata Steel (2.32%), Larsen (1.38%), HCL Tech (0.82%), NTPC (0.66%).

Tata Power has already established a sturdy digital foundation as it has migrated 23 mission-critical applications to AWS

The company’s board proposed a final dividend of ₹7 a share for the financial year 2023-24.