JSW Group and MG Motor have formed a joint venture to manufacture electric vehicles in India. They plan to launch New Electric Vehicles (NEVs) every 3 to 6 months from September.
India’s mineral production from mining and quarrying rose 5.9% year-on-year in Jan 2024.
Percentage of delayed central government projects stood at 41.2% in February vs 42.8% in Jan: Ministry of Statistics.
UltraTech: Competition Commission of India has approved UltraTech’s purchase of the cement business of Kesoram Industries.
Adani Group: Adani Electricity is planning to install 8,500 chargers for EVs across apartment blocks in Mumbai.
HDFC Bank: completed the sale of its shareholding in HDFC Credila for Rs 9,553 cr.
L&T Tech: will train 1,000 of its emoloyees in parternship with Nvidia.
HUDCO: will give interim dividend of Rs 1.5 per share with record date as 29 March. Will raise Rs 40,000 cr for financial year 2025.
