ICICI Bank said it will acquire 9.09 per cent stake in Myclassboard Educational Solutions Pvt Ltd (MESPL) for cash consideration of Rs 4.5 crore.
"Dixon's wholly owned subsidiary Padget Electronics has signed an agreement with Motorola for manufacturing of smartphones," Dixon Technologies said in a regulatory filing.
In an interview to PRABHA RAGHAVAN, Singh details how the Pune firm’s vaccine works and delves into plans to test and scale up production for a vast population. Edited excerpts:
A final decision on the issue is likely to be taken after the spectrum auction in March. The DoT, however, does not want to be seen taking an anti-consumer stance and therefore may avoid the floor pricing altogether, officials said.
Larsen & Toubro has 3D printed the building of 700 square feet built-up area at its Kanchipuram facility with an in-house developed concrete mix, using indigenously available regular construction materials.
Volkswagen joins other automobile manufacturers such as Maruti Suzuki India, Nissan, Renault India, Honda Cars, Mahindra & Mahindra, Ford India, Isuzu, BMW India, Audi India and Hero MotoCorp, which have already announced that they would hike prices from January due to increased input costs.
Aurobindo said it could currently produce 220 million doses, but is ramping up its facilities to reach a capacity of nearly 480 million by June 2021.
The revised prices will be applicable across all available models for Nissan and Datsun, effective January 2021, Nissan Motor India said in a statement.
The automaker said the decision to stop production at the plant, which came up in 1997, has been taken as part of realignment of manufacturing operations to improve business efficiency.
Cairn Energy’s victory will be a second loss for India in an international arbitration after Vodafone Group Plc won a years-long tax dispute with the Indian government in September over a controversial $3 billion tax demand.
In a tweet Tuesday, Musk said he reached out to Apple CEO Tim Cook “to discuss the possibility of Apple acquiring Tesla (for one-tenth of our current value). He refused to take the meeting.”
Lower demand due to Covid-19 and plant shutdowns planned to coincide with lower demand were key reasons for lower output, a government release said.
Metro is a leading international wholesale company, with food and non-food assortments, specialising in serving needs of hotels, restaurants and caterers as well as independent traders.
Customers can choose from Apollo Tyres' extensive dealer network for the fitment of tyres purchased online, for which the appointments will be booked through the online portal, the company said.
At the current market price, the government's stake sale in Shipping Corp is valued at about Rs 2,500 crore.
The SYMC has filed an application for commencement of rehabilitation procedure with the Seoul Bankruptcy Court under the Debtor Rehabilitation and Bankruptcy Act of South Korea, M&M said in a regulatory filing.
The court, however, did not void FRL board’s nod for the Rs 24,173-cr deal with Reliance.
"Next round of tariff hikes are expected soon as the industry debt continues to remain elevated, likely to at Rs 4.7 lakh crore as on March 31, 2022," ICRA said in a release.
Mitsubishi decided to localise the Outlander's production in part to take advantage of incentives for hybrid technology.
Current provisions of the Companies Act only require listed companies, firms that accept public deposits and firms that have loans from banks or public financial institutions of over Rs 50 crore to have a vigil mechanism.
The Apple statement said it has “placed Wistron on probation and they will not receive any new business from Apple before they complete corrective actions”.
Several thousand contract workers at Wistron angered over alleged non-payment of wages destroyed property, factory gear and iPhones at the plant early on Dec. 12, causing millions of dollars in losses to the Taiwanese contract manufacturer and forcing it to shut the plant.
“Since the unfortunate events at our Narasapura facility we have been investigating and have found that some workers were not paid correctly, or on time. We deeply regret this and apologize to all of our workers,” said a statement from Wistron on Saturday.
R Cluster, the ultra-deep-water gas field in block KG D6 off the east coast of India. Located at a water depth of over 2,000 m, it is the deepest offshore gas field in Asia.
Gucci's first flagship store, selling fashion and leather goods collections, will open on Dec. 21, the two companies said in a joint statement on Friday.