Ola Electric reverses ₹57 crore PLI provision despite pending MHI waiver
Ola Electric has reversed its provision of ₹57 crore, which was earmarked for a penalty against the government’s battery-cell production-linked incentive (PLI) scheme in the June quarter, thus narrowing its…
Bharat Forge posts ₹90-cr loss in Q1FY27 as German restructuring weighs; company plans ₹2,500-cr fundraise
Pune-based Bharat Forge Ltd reported a consolidated net loss of ₹90 crore for the first quarter of FY27, compared with a profit of ₹284 crore in the year-ago period, as…
AstraZeneca Pharma India Q1 profit drops to ₹37.93 crore
AstraZeneca Pharma India Ltd on Monday reported a 32 per cent decline in profit after tax at ₹37.93 crore in the June quarter, impacted by higher expenses.The company had posted…
Zee moves SAT against SEBI market ban, seeks relief to proceed with ₹3,143.5 crore fund raise
Zee Entertainment Enterprises and managing director and CEO Punit Goenka have appealed to the Securities Appellate Tribunal (SAT) against a Securities and Exchange Board of India (SEBI) order barring them…
Amara Raja Energy & Mobility Q1 PAT up 16% at ₹191 crore
Battery maker Amara Raja Energy & Mobility Ltd on Monday reported a 16 per cent increase in consolidated profit after tax at ₹190.94 crore for the first quarter ended June…
Motilal Oswal AMC surpasses ₹2 lakh crore AUM
Motilal Oswal Asset Management Company (AMC) on Monday announced that its total Assets Under Management (AUM) across its Mutual Fund, Alternative Investment Fund (AIF), and Portfolio Management Services (PMS) businesses…
CESC arm to acquire 1.4 GWp solar portfolio from ReNew Solar Power for ₹4,859 crore
The RP-Sanjiv Goenka Group (RPSG) said on Monday that Purvah Green Power is set to acquire a 1.4 gigawatt peak (GWp) operating solar portfolio from ReNew Solar Power for an enterprise…
ADNOC Gas exploring new LNG export plant to avoid Hormuz
Abu Dhabi National Oil Co. (ADNOC) Gas is considering a new liquefied natural gas (LNG) export facility outside the contested Strait of Hormuz, Abu Dhabi’s latest move to build infrastructure…
Mondelez India ropes in Vinay Subramanyam to lead marketing
Mondelēz International on Monday announced the appointment of Vinay Subramanyam as the Vice President – Marketing in India. He will take over from Nitin Saini, who has been elevated to…
Hindustan Copper plans to sell copper concentrate sourced from Chile to Hindalco, Adani
State-run Hindustan Copper plans to sell copper concentrate produced by mines it is acquiring from Chile's Codelco to Hindalco and Adani, aiming to meet India's growing appetite for the red…
