News Overview

Shamsher Singh steps down as managing director and chief executive officer of SBI Funds Management Limited to be replaced by Nand Kishore.

Targeting third-party logistics and industrial clients, the 30-acre site in Hoskote, a major logistics hub in Bengaluru, would first supply 500,000 square feet.

It further ensured that the debt completely owed by JRTR was fully repaid to Yes Bank, thus freeing a considerable burden on the subsidiary's books.

In the first half of FY2025 (H1 FY2025), cement volumes rose by just 2% YoY to 212 million MT, demonstrating the moderate growth trend.

Kinet Railway Solutions, which has a Rs 55,000 crore deal with Indian Railways, is primarily owned by TMH.

According to a statement from the firm, the Travoprost ophthalmic solution (0.004% ionic buffered solution) is both bioequivalent and therapeutically equivalent to the reference listed medication

EESL manufactures and sells lithium-ion battery cells, modules, and packs for the Indian EV market and stationary applications.

The corporation satisfies around 55-57% of its oil demand through annual agreements with large producers.

The development occurs ahead of NTPC Green Energy's market debut on Wednesday. On November 22, the last day of subscriptions.

Over the next 5 years (FY25-FY29), the India business is expected to grow at a CAGR of approximately 18% - 20% YoY.