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The curious case of Rajesh Mehta’s ‘ ₹50,000 crore’ battery business
An investment of ₹1,250 crore by the three funds over three years explains the steep valuation of Elest, a company that has no operations but has agreed to supply land, machinery and technology for ACC Energy Storage Pvt. Ltd, the battery business of publicly listed Rajesh Exports
Amazon adds 10.6 acres to Mumbai data centre campus in Rs 125 crore deal
Amazon Data Services India has acquired a significant land parcel near Mumbai. This expansion boosts its data centre capacity in India's largest market. The company's investment in this location now totals nearly Rs 575 crore. This move strengthens Amazon's land bank in the Palava region, a key hub for digital infrastructure projects.
'Shocked And Saddened': Ex-Student Reacts To Motegaonkar's Arrest In NEET Case, Says He 'Failed As A Basic Human'
NEET-UG paper leak accused Shivraj Motegaonkar's arrest has shocked former students, even as the CBI probes his financial empire and Latur land deal, suspecting illicit funds were used for a major educational campus project.
NABARD acquires leasehold rights to MTNL’s BKC campus in Rs 351 crore deal
NABARD has made waves by securing a prestigious commercial site in Mumbai’s vibrant Bandra-Kurla Complex. The development-focused institution acquired leasehold rights from MTNL for more than 350 crore rupees, which includes two significant structures on a substantial land parcel.
Stocks to Watch for May 15: Tata Motors PV, Voltas, Apollo Tyres, United Spirits and more
Tata Motors PV revenue jumps but margins narrow, Jaguar Land Rover revenue falls, Voltas weak profit, Apollo Tyres and Kirloskar Oil Engines strong, others mixed results
Stock Alert: Wockhardt, Jindal Stainless, Petronet LNG, Manappuram Finance, Aarti Industries
Larsen & Toubro, Mahindra and Mahindra, Punjab National Bank, Marico, Hero Motocorp, Lloyds Metals and Energy, SRF, Coforge, United Breweries, Poonawalla Fincorp, Ajanta Pharma, Emcure Pharmaceuticals, Aadhar Housing Finance, Gallantt Ispat, Jammu and Kashmir Bank, Voltamp Transformers, AAVAS Financiers, Lloyds Engineering Works, Alkyl Amines Chemicals, SJS Enterprises, Shilchar Technologies, GNG Electronics, Gujarat Heavy Chemicals, Aeroflex Industries, Shanthi Gears, Shoppers Stop, Dalmia Bharat Sugar and Industries, Cigniti Technologies, Raymond Realty, Raymond, Shipping Corporation of India Land and Assets, PTC India Financial Services, Spandana Sphoorty Financial, Dolphin Offshore Enterprises (India), CFF Fluid Control, DCW, Automobile Corporation of Goa (ACGL), Paushak, Mafatlal Industries, B Right Realestate, Kothari Petrochem, Foseco Crucible (India), Sutlej Textiles and Industries, Primo Chemicals, Onward Technologies, Kriti Nutrients, Jenburkt Pharma, Kriti Industries ..
Monetise DD, AIR assets in time-bound manner: Parliamentary Panel
A parliamentary panel has directed Doordarshan and All India Radio to generate revenue from their assets. This will be achieved through leasing, redevelopment, and public-private partnerships. The panel seeks regular updates on progress and revenue generation. Prasar Bharati has a draft plan to unlock value from surplus assets. This includes leasing vacant space and redeveloping land parcels.
Explained: How Dixon, Kaynes Tech, others may benefit from latest FDI policy changes
India has eased investment rules for countries sharing a land border, allowing up to 10% foreign ownership in firms via the automatic route. Approvals for specific sectors like electronics components will now be fast-tracked to 60 days, aiming to boost domestic manufacturing and attract capital.