Tata Electronics will set up a display chip manufacturing unit in Gujarat in partnership with Taiwan-based PSMC and Himax Technologies, a top official of the company said on Wednesday.
This status will allow these two railway CPSEs to invest up to Rs 1,000 crore or 15 per cent of their net worth in a single project without requiring prior government approval.
A Mumbai court on Saturday ordered FIR against ex-Sebi chief Madhabi Puri Buch and five others over alleged stock market fraud and regulatory violations, sources reported
India's Piramal Enterprises said in an exchange filing on Friday that it had received a tax demand of Rs 1,502 crore (nearly $172 million) for the sale of its pharmaceutical business to Piramal Pharma in fiscal year 2021.
Ola Electric, the electric vehicle company, said it sold over 25,000 units in February, with a market share of over 28 per cent, cementing its market leadership in the EV two-wheeler (2W) segment.
State-owned Power Finance Corporation on Thursday said that it has inked an initial pact to provide Rs 26,800 crore finance to power utilities of Madhya Pradesh.
The funding round was led by Multiples Alternate Asset Management, with participation from Fundamentum, Paramark Ventures, and existing investor Info Edge Ventures.
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