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Castrol invests ₹487.5 cr in TVS Automobile’s digital platform ki Mobility Solutions.

Lubricants major Castrol India has picked up a 7.09 per cent stake in ki Mobility Solutions Pvt Ltd. (KMS), India’s first full-stack O-to-O (online-to-offline) digital platform of TVS Automobile Solutions, for a sum of ₹487.5 crore in an all-cash... Full Story

Ather invests ₹320 cr on second manufacturing unit.

EV marker Ather Energy has inaugurated its second manufacturing facility spread across 300,000 sq. ft in Hosur (Tamil Nadu), to... Full Story

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BEL signs multiple defence MoUs.

Bharat Electronics Ltd. (BEL) signed memoranda of understanding with five companies involved in the defence industry, including Hindustan Shipyard Limited, Yantra... Full Story

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LATEST HEADLINES FROM MIDDLE EAST AND NORTH AFRICA

GIP plans to acquire Tower Vision India Pvt in a $400-million deal.
Global Infrastructure Partners is exploring a potential acquisition of Tower Vision India Pvt, an independent telecommunications infrastructure provider in India, people with knowledge of the... Full Story
Virtuoso Optoelectronics jumps on commissioning new manufacturing facility in Nashik.
Virtuoso Optoelectronics (VOEPL) rose 2.84% to Rs. 143 after the company said it has added a new manufacturing facility at Wadiware in Nashik, Maharashtra. The new... Full Story
TARC gains on receiving OC for its Gurugram-based project.
TARC rose 1.46% to Rs. 41.60 after the company announced the receipt of occupation certificate (OC) for its premium residential project, TARC Maceo, Sector-91, Gurugram. Amar... Full Story
Indian Oil Corp gains on issuing NCDs worth Rs. 2,500 cr.
Indian Oil Corporation rose 3.9% to Rs. 76.25 after the PSU issued 25,000, 7.44% unsecured, listed, taxable, redeemable non-convertible debentures (NCDs) of Rs 10 lakh... Full Story
Welspun One Logistics Parks Fund 1 commits Rs. 500 crore warehousing AIF.
Welspun One Logistics Parks has committed 100 per cent of its Rs. 500 crore corpus across six investments to create a portfolio of Rs. 2,300 crore spanning five... Full Story
Reise Moto introduces two-wheeler tyre for domestic market in joint-venture.
Reise Moto, a joint venture between Mahansaria Group and European brand Mitas, recently launched a two-wheeler tyre range for the domestic market. The tyre under the 'Reise' brand... Full Story
Samsung to invest Rs. 400 crore in Tamil Nadu unit.
Samsung plans to invest ₹400 crore to start manufacturing 5G and 4G radio equipment at its facility in Tamil Nadu, an official informed ET. Samsung is the latest... Full Story
Tata Steel Long Products further invests of Rs. 300 cr in Neelachal Ispat Nigam.
Tata Steel Long Products has further acquired 4,68,75,000 equity shares of Rs.10/-each at a premium of Rs. 54 per share, of Neelachal Ispat Nigam (NINL),... Full Story