Vedanta submits expression of interest for Jaypee Infratech

Vedanta has submitted a preliminary expression of interest (EoI) for Jaypee Infratech currently undergoing the Insolvency Resolution Proceedings (IRP). The EoI invited by insolvency resolution professional (IRP) has received response from various entities, including corporates and asset reconstruction companies. The National Company Law Tribunal (NCLT) has admitted the application by an IDBI Bank-led consortium seeking … Read more

Tech Mahindra enters into strategic partnership with Toshiba Digital Solutions

Tech Mahindra has entered into a strategic partnership with Toshiba Digital Solutions to work in the area of a smart factory. This partnership aims to leverage strengths of both sides and offer a one stop solution for manufacturer customers with the latest IoT technologies and system integration capabilities from both sides. Tech Mahindra is a … Read more

Singapore’s IMC Group to list two of its Indonesia units on IDX

IMC Group is planning to list two of its Indonesian operations – Pelita Samudera Shipping (PSS Logistics) and Nusa Indah Kalimantan Plantations – on the regional bourse within the next two years. PSS Logistics has already started the process for its initial public offering (IPO) and aims to list on the Indonesia Stock Exchange (IDX) … Read more

Hero MotoCorp planning to grow its international business

[unable to retrieve full-text content] Bhupendra Singh ChundawatBhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, … Read more

SpiceJet launches gift cards starting at Rs 500

[unable to retrieve full-text content] Bhupendra Singh ChundawatBhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, … Read more

Petronet LNG shuns plan to buy 25% stake in GSPC’s Mundra LNG import terminal

Petronet LNG has dropped plans to buy 25% stake in GSPC’s Rs 4,500-crore Mundra LNG import terminal in Gujarat to allow its promoter IOC to pick a larger stake. Indian Oil Corporation (IOC) has been talking to Gujarat State Petroleum Corporation (GSPC) for almost two years now for acquiring 50% stake in the 5-million tonne … Read more

Air India gets Rs 1,500-cr loan from Bank of India

[unable to retrieve full-text content] Bhupendra Singh ChundawatBhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, … Read more

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