News Overview

The facility will be transferred to a new 50:50 joint venture that both companies will jointly control.

The contract has an estimated value of ₹25.99 Crore, including GST. The company has received this order from a domestic entity.

The transaction structure also states an earn-out to be paid to the sellers linked to change-in-law, availability, and bilateral billing components.

On completion of this transaction, PT Adcoal will not be a subsidiary, and PT Mitra Setia Tanah Bumbu, in which PT Adcoal holds a 49% stake.

Reliability and customer reassurance form the core of Maruti Suzuki’s EV strategy. Banerjee said the company wants buyers to feel confident about owning an electric vehicle

The idea is to improve how residents move around the space and make the project feel more contemporary.

Here are some of the stocks that may see significant price movement today: Canara Bank, IndiGrid Infra Trust, India Cements, etc.

Adani Ports announced that it handled 325.40 MMT of Cargo year to date. Hence, logging an 11% growth against the previous year.

Websol believes that this collaboration will strengthen India’s solar manufacturing ecosystem at a time when the country is expanding its renewable energy capacity.

The deal structure involves two components. A portion of the funds has been used to buy shares from the founders and early investors of Commotion Inc.