Business News Today – Global & Indian Stock Market News Today
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HCL Technologies ropes in Prabhakar Appana as head of AWS Ecosystem unit
HCL Technologies said that it has appointed Prabhakar Appana as Senior Vice President and the Global Head of its AWS Ecosystem business unit to further ... Read More
Vaibhav Global to acquire 60% stake in Encase Packaging for Rs 4cr
Vaibhav Global Limited has signed agreements to acquire a 60% stake in Encase Packaging Private Limited for INR 4 crores. The acquisition will be executed ... Read More
Britishvolt battery gigafactory in Blyth gets funding boost from UK govt
Electric vehicle (EV) battery startup Britishvolt has secured a funding commitment from the UK government for its proposed £2.6 billion battery gigafactory in Blyth, Northumberland. ... Read More
Tempur Sealy unveils eco-friendly mattress collection Sealy Naturals
Tempur Sealy International is set to expand its Sealy mattress brand with the addition of Sealy Naturals, a new eco-friendly mattress collection. According to the ... Read More
Ashoka Metcast increases stake in Rhetan TMT to 89.3%
Ashoka Metcast Limited, an Indian manufacturer of structural steel products, has acquired an additional stake of 3.03% in Rhetan TMT Limited (formerly Rhetan Rolling Mills), ... Read More
Exide Industries invests Rs 20cr in Exide Leclanche Energy
Exide Industries Limited, an Indian storage battery manufacturer, said that it has invested nearly INR 20 crores in Exide Leclanche Energy to increase its stake ... Read More
KPI Global wins order for solar power project from Shabnam Petrofils
KPI Global Infrastructure Limited said that it has bagged a new repeat order from Shabnam Petrofils Private Limited to install a 2MWdc solar power project ... Read More
Intel to invest $20bn in two new chip factories in Licking County, Ohio
Intel said that it will make an initial investment of over $20 billion to build two new chip factories in Licking County, Ohio with an ... Read More
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Tokyo Gas, EWII S/I to jointly develop 1GW renewable projects in Nordics
Tokyo Gas said that it will establish a subsidiary called TG Nordic in Denmark with an investment of around JPY3 billion ($26.39 million) to jointly ... Read More
Gilead Sciences gets Veklury FDA approval for non-hospitalized Covid-19 patients
Gilead Sciences has secured expedited approval from the US Food and Drug Administration (FDA) for its nucleotide analog Veklury (remdesivir) for the treatment of non-hospitalized ... Read More
Nippon Steel to acquire Thai flat steel producers G Steel and GJ Steel
Nippon Steel Corporation (NSC) said that it will acquire Thailand-based flat steel producers G Steel Public Company Limited and GJ Steel Public Company Limited to ... Read More
Reliance Industries 3Q FY22 profit grows 38% to Rs 206bn
Reliance Industries Limited (RIL) has reported a 37.9% increase in its net profit for the quarter ended 31 December 2021 (3Q FY22) to INR 20,539 ... Read More
Transformers and Rectifiers (India) bags Rs 73cr orders in Madhya Pradesh
Transformers and Rectifiers (India) Limited said that it has bagged orders worth INR 73 crores for supplying transformers to MP Power Transmission Package - II ... Read More
Trident Limited reports Q3 FY22 profit after tax of Rs 2.09bn
Trident Limited has reported a profit after tax (PAT) of INR 2,091 million for the third quarter of the fiscal year 2022 (Q3 FY22), a ... Read More
Eastman to build $1bn molecular plastics recycling facility in France
Eastman, a US-based specialty materials company, has revealed plans to invest $1 billion to build a material-to-material molecular plastics recycling facility in France. The molecular ... Read More
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