HCLTech Ltd announced its plan to acquire Communications Technology Group (CTG) assets from Hewlett Packard Enterprise (HPE) for $225 million (approximately ₹1,874 crore) in an all-cash transaction. As part of this deal, about 1,500 CTG employees with expertise in the telecom sector will Continue Reading
JSW Group’s Chairman, Sajjan Jindal, unveiled plans in Odisha to establish a significant electric vehicle (EV) manufacturing plant, capable of producing 1 lakh commercial electric vehicles and 3 lakh electric cars annually. This ambitious project encompasses the construction of a 50 GWh EV battery plant, a lithium refinery, a copper smelter, and related component Continue Reading
SpiceJet’s Board of Directors has given the green light to a plan aimed at raising over Rs 2,250 crore in fresh capital for the airline. This capital infusion will be achieved through the issuance of equity shares to a diverse set of investors, including Financial Institutions, FIIs, HNIs, and private investors. The decision, made unanimously […]Continue Reading