Mehta said fresh milk will be available in New York, New Jersey, Chicago, Washington, Dallas and Texas among others. For the first time, Amul fresh milk will be available outside India, with the Gujarat Cooperative Milk Marketing Federation (GCMMF) launching four variants of milk in the US market within a week, to cater to… Continue reading Amul launching four variants of milk in US market within a week: MD Mehta | Company News
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Both Religare resolutions defeated by shareholders amid public spat | Company News
Religare Enterprises faced dissent from shareholders with both of its resolutions failing to obtain requisite votes. The NBFC had floated two special resolutions, one for seeking an approval to invest up to Rs 15 crore in MIC Insurance Web Aggregator, and the other to amend articles of association (AoA). The first resolution… Continue reading Both Religare resolutions defeated by shareholders amid public spat | Company News
Vedanta lines up $6 billion across businesses to drive revenue growth | Company News
As part of the vertical split of Vedanta Ltd, shareholders will get 1 share of each of the five newly listed companies for every 1 share of Vedanta (Photo: Bloomberg) Mining conglomerate Vedanta Ltd will invest $6 billion across businesses that span from aluminium and zinc to iron ore, steel and oil and gas… Continue reading Vedanta lines up $6 billion across businesses to drive revenue growth | Company News
Tech Mahindra announces merger of two subsidiaries based in the US | Company News
IT services and consultation company Tech Mahindra has announced the merger of two of its wholly-owned subsidiary companies — Born Group and Tech Mahindra Americas (TMA) — to synergize business operations, optimise operational costs, and reduce compliance risk, the company said in a regulatory filing with the Bombay Stock Exchange. The appointed date… Continue reading Tech Mahindra announces merger of two subsidiaries based in the US | Company News
Mahanadi Coalfields Ltd crosses 200 MT coal production mark in FY24 | Company News
MCL had attained the 100-MT mark in 2009-10, while 150-MT output was achieved in 2021-22. Photo: Bloomberg Mahanadi Coalfields Ltd (MCL) has achieved the 200-million tonne (MT) coal production mark in the 2023-24 fiscal, officials said Sunday. The MCL has mining operations in Odisha’s Angul, Jharsuguda and Sundergarh districts. The company crossed… Continue reading Mahanadi Coalfields Ltd crosses 200 MT coal production mark in FY24 | Company News
Tata Neu changes its look with a new UI, eyes online food delivery foray | Company News
Ahead of its second anniversary, Tata Neu, the multi-purpose super app of the Tata group is refreshing its design, and may also venture into the online food delivery space by leveraging the Open Network for Digital Commerce (ONDC), sources said. The salt-to-steel conglomerate’s ambitious e-commerce project has embarked on a sleek, immersive design,… Continue reading Tata Neu changes its look with a new UI, eyes online food delivery foray | Company News
Hyundai’s Tamil Nadu unit moves into high gear with AI at the wheel | Company News
Located approximately 40 kilometres southwest of Chennai, the capital city of Tamil Nadu, Sriperumbudur boasts a harmonious blend of rural charm, industrial vibrancy, and metropolitan influence. The area houses manufacturing facilities for major companies such as iPhone maker Foxconn, Samsung, Royal Enfield, Dell, Mitsubishi, and Nissan, among others. In this zone, Hyundai… Continue reading Hyundai’s Tamil Nadu unit moves into high gear with AI at the wheel | Company News
LTIMindtree-Aramco JV to work on enhancing women employment in Saudi Arabia | Company News
The JV was announced on March 6 and will become operational from July 1. The joint venture of tech consulting firm LTIMindtree and Aramco will mirror India’s strategy to build a technology talent pool in Saudi Arabia and enhance women’s employment in the country, a senior official of the Indian IT company said. … Continue reading LTIMindtree-Aramco JV to work on enhancing women employment in Saudi Arabia | Company News
Mother Dairy expects 30% demand surge this summer for milk products: MD | Company News
The company, he said, is fully prepared to match this growing demand and has invested up to Rs 50 crore to augment capacities to ensure adequate availability of its products | Photo:X @MotherDairyMilk Mother Dairy will launch this summer 30 new products, mainly in ice cream and yoghurt categories, as it expects a 25-30… Continue reading Mother Dairy expects 30% demand surge this summer for milk products: MD | Company News
Bajaj Auto to invest over Rs 3,000 crore in finance arm BACL: Official | Company News
Pune-headquartered two-wheeler and three-wheeler major Bajaj Auto is ramping up its wholly-owned captive finance subsidiary Bajaj Auto Credit Ltd (BACL) and plans to invest more than Rs 3,000 crore over financial years 2024-25 and 2025-26, a senior company official said. Rajiv Bajaj, managing director of Bajaj Auto Ltd, said that BACL has already… Continue reading Bajaj Auto to invest over Rs 3,000 crore in finance arm BACL: Official | Company News