* Siemens Gamesa sells its power electronics biz to ABB for an undisclosed amount.
* Net direct tax collection rises 16.45% to 15.82 trillion Rs till December 17.
* Piramal Capital & Housing Finance will auction 550 crore Rs of NPLs.
* Punjab & Sind Bank raises 3,000 crore Rs through maiden infrastructure bonds.
* AI firm Databricks raising 10 billion $ Series J Investment at 62 billion $ valuation.
* Maruti signs deal with Bihar government to automate driving tests at 5 sites.
* Centre grants approval for 47 ethanol projects in Bihar for loan subsidies.
* Pawan Hans secures 2,000 crore Rs contracts for ONGC offshore helicopter ops.
* Gulf Oil Lubricants RENEWED its pact with Piaggio Vehicles.
* Nestle rolls out protein shots for US weight-loss drug users to curb hunger.
* Inox Wind secures a 60 MW equipment supply order from Serentica Renewables.
* London's Heathrow to invest nearly 3 billion $ to upgrade the airport over 2 years.
* Reliance Nippon Life started negotiation with IndusInd Bank on the bancassurance tie-up.
* Indian mills can export up to 2 million tons of sugar this season, the industry says.
* Italian stationery maker FILA cuts stake in listed Indian unit DOMS.
* Indian startup Yotta Data seeks 500 million $ in private credit to expand.
* Indians opt for lighter, lower-carat jewelry as gold prices soar.
* Gem and jewelry exports decline 12.9% to 1,986 million USD in November: GJEPC.
* TVS Emerald will acquire Radial IT Park phase II, III for over 575 crore Rs.
* Indian shadow bank Shriram Finance gets a record 1.28 billion $ loan.
* Formal job creation up 3% under ESIC at 1.78 million in October: Payroll data.
* BCL Industries invests 150 crore Rs to set up the bio-energy plant in West Bengal.
* Indian real estate attracts record 8.87 billion USD institutional investments in 2024: JLL India.
* Honda and Nissan say they are exploring a merger.
* 59% of Indian companies report financial fraud; procurement fraud tops concerns: PwC Survey.
* US weighs ban on Chinese-made routers in millions of American homes.
* Bhavish Aggarwal's big announcement: OLA will offer 10-minute food delivery via ONDC.
* Karnataka’s new minerals tax stumps iron ore mining companies.
* Palm oil needs an image overhaul: It’ll be good for India.
* Nvidia introduces devices aimed at small companies and hobbyists.
* GIC acquires majority stake in Asia Healthcare with a $150 million investment.
* High interest rates are a huge deterrent for MSME exporters; working with the fin min on this: DGFT.
* ITC fixes January 6 as the record date for the demerger of its hotel business.
* India set for a 12-fold increase in energy storage capacity to 60 GW by FY32: SBI Report.
0 Comments