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The firm is working with an adviser on the fundraising to bolster its ability to produce green hydrogen and other chemical compounds, the people said, asking not to be identified as the information is private. AM Green aims to build a million tonnes a year of green methanol capacity, one of the people said. from Moneycontrol Business News https://ift.tt/NKyDAZE

Sales of EVs continue to contribute around 25 per cent of the total sales of the company, MG Motor said in a statement. from Moneycontrol Business News https://ift.tt/ozQVsKF

A new offering for Pro subscribers! This column peeps into the inner goings-on of Dalal Street, bringing you a ringside view of what stocks veteran bulls are eyeing, what the bears are ganging up against, secret deals and more from Moneycontrol Business News https://www.moneycontrol.com/news/business/mc-pro-inside-edge-|-desi-soros-king-tringfund-manager39s-flight-value-signallingcatch-22_17292361.html

Leveraging AWS, the cloud platform, LTTS helps vehicle manufacturers accelerate the development of next-generation SDVs with tailored safety and security solutions covering digital cockpit, connected services, and autonomous driving, according to a release. from Moneycontrol Business News https://ift.tt/NWGlvjC

Leveraging AWS, the cloud platform, LTTS helps vehicle manufacturers accelerate the development of next-generation SDVs with tailored safety and security solutions covering digital cockpit, connected services, and autonomous driving, according to a release. from Moneycontrol Business News https://ift.tt/VBzAepm

Mukesh Ambani#39;s company received the email on Monday. It is the third threat email sent to Ambani in four days, an official said. from Moneycontrol Business News https://ift.tt/kc45iuH

The stake is currently worth around $3.5 billion and a partial sale would be a quick way for the German maker of wind and gas turbines to strengthen its capital base as talks with Berlin and Siemens over guarantees for performance bonds continue. from Moneycontrol Business News https://ift.tt/gJYIVZq

This merger presents significant opportunities to expand the deposit and asset franchise, particularly in South India. from Moneycontrol Business News https://ift.tt/IoJANj3

A new offering for Pro subscribers! This column peeks into the inner goings-on of Dalal Street, bringing you a ringside view of what stocks veteran bulls are eyeing and what the bears ganging up against, secret deals being struck and more from Moneycontrol Business News https://www.moneycontrol.com/news/business/mc-pro-inside-edge-|-land-bank-play-bse-cheerleader-algo-brokerbig-fish-huntoutspoken-uncle-sam_17287911.html

AU SFB, in a late evening regulatory filing, announced its approval of the amalgamation. According to the terms of the merger, shareholders of Fincare SFB will receive 579 shares in AU SFB for every 2,000 shares they hold in Fincare SFB. from Moneycontrol Business News https://ift.tt/sLOMbin

The progress was reviewed by Commerce and Industry Minister Piyush Goyal and UK Secretary of State for Business and Trade Kemi Badenoch in Osaka, Japan. from Moneycontrol Business News https://ift.tt/vPywJZE

While speaking at the inaugural session of the India Mobile Congress 2023, Mittal said 5G services was launched last year and Airtel has covered the entire country, covering 5,000 towns and cities along with 20,000 villages till date. from Moneycontrol Business News https://ift.tt/wP6aeAi

A round-up of top newspaper stories to keep you ahead of others from Moneycontrol Business News https://ift.tt/Ex5ibma

A round-up of top newspaper stories to keep you ahead of others from Moneycontrol Business News https://ift.tt/Z0YOSyx

Mumbai-based EAM, a unit of Epsilon Carbon, said it will make anodes, the negative electrodes in batteries, from both natural and synthetic graphite. EAM, which also plans to make synthetic graphite at the plant, said it is in discussions with suppliers about sourcing raw materials, including natural graphite. from Moneycontrol Business News https://ift.tt/gGE1iX3

The Edelweiss Multi Cap Fund has recorded the highest collection ever achieved by the fund house in an equity NFO, with over 65,000 applications. The NFO was open from October 4-18 and will re-open for subscription from October 30 onwards, the fund house said in a statement. from Moneycontrol Business News https://ift.tt/HgrCSnw

This unique collaboration, a first in the airline industry, aims to promote Malayalam literature, a statement said here on Thursday. from Moneycontrol Business News https://ift.tt/zmpcPMS

According to analysts’ estimates, the net interest income (NII) of the PSB is expected to come in at Rs 9,607 crore, a 16.16 percent increase year-on-year and a marginal 1 percent rise from the previous quarter. from Moneycontrol Business News https://ift.tt/4AslC8B

The freshly raised capital will bolster company#39;s business expansion and sustainability issues, PMI Electro Mobility said in a statement. from Moneycontrol Business News https://ift.tt/BKvI0tW

Nisarga has tied up with Elite Octane, a motorsports and entertainment events company, which will aid in executing various activities and creating new platform segments, especially in the domains of motorsports and entertainment. from Moneycontrol Business News https://ift.tt/TmCq2tY

The world#39;s largest carmaker plans to expand production capacity to meet a surge in Indian demand for hybrids, but Prime Minister Narendra Modi#39;s government has focussed on pushing sales of electric vehicles (EVs), offering companies millions of dollars in incentives to build EVs and batteries. from Moneycontrol Business News https://ift.tt/FxJ09Zi

Sterling and Wilson Renewable Energy Ltd reported a reduced net loss of Rs 54.51 crore for the September 2023 quarter, attributing it to increased income. from Moneycontrol Business News https://ift.tt/FcwgivU

Creditaccess Grameen reported a 98.1% YoY increase in net profit to Rs 347 crore for the September quarter, attributed to increased loan sales and income. from Moneycontrol Business News https://ift.tt/FI0zn8d

Ahead of the result announcement, the company’s shares had surged 4.14 percent to Rs 1,750 on October 19 from Moneycontrol Business News https://ift.tt/EjF6qIM

It has been a tough start to the year of the alcohol major as the stock has tanked nearly 8 percent. from Moneycontrol Business News https://ift.tt/PVJzdw0

The deal, which would be among the top 10 biggest loans in Asia this year, could be sealed this week, according to people familiar with matter, who asked not to be identified because the matter is private. from Moneycontrol Business News https://www.moneycontrol.com/news/business/adani-group-closeson-3635-billion-loan-among-asia’s-biggest_17277461.html

The premium economy cabin on the double decker Airbus SE A380 jets feature 56 cream-colored seats at the front of the main deck in a 2-4-2 configuration, Dubai-based Emirates said at a briefing in Mumbai on Thursday. from Moneycontrol Business News https://ift.tt/od6lWUP

The company expects furloughs to be more pronounced in Q3 and it is guiding to a very weak quarter, with revenue decline between 1.5 percent and 3.5 percent from Moneycontrol Business News https://ift.tt/6zaHrUf

Although investment activity is down across the board, early stage startups in the B2B-SaaS, fintech and consumer brands segments fared relatively better compared to other segments from Moneycontrol Business News https://ift.tt/yZIdmjS

A round-up of top newspaper stories to keep you ahead of others from Moneycontrol Business News https://ift.tt/ZmPgdpW

The Mumbai-based drug firm has introduced the combination of Teneligliptin, Dapagliflozin and Metformin under the brand name Zita. from Moneycontrol Business News https://ift.tt/Qt712YL

Demand environment is still challenging, and the company expects Q3 to be soft from Moneycontrol Business News https://ift.tt/vu3VMzN

A round-up of top newspaper stories to keep you ahead of others from Moneycontrol Business News https://ift.tt/4zcHhKw

The government uploaded the draft of the Delhi Motor Vehicles Licensing of Aggregator (Premium Buses) Scheme, 2023 on its website in August and sought public feedback. from Moneycontrol Business News https://ift.tt/BEjeuzO

With a possible upside in the RoA, the bank’s valuation looks undemanding from Moneycontrol Business News https://www.moneycontrol.com/news/business/federal-bank-q2-fy24-–-enough-headroom-to-rerate_17271791.html

Punit Patel will be based out of the group#39;s office in Pennington, New Jersey, US, it added. Before joining Zydus, he was the President of Red Oak Sourcing, leading the company#39;s "multibillion-dollar generic portfolio", overseeing all aspects of Red Oak#39;s business. from Moneycontrol Business News https://ift.tt/jN21wes

In an exclusive conversation with CNBC-TV18, Juvencio Maeztu, Deputy CEO and CFO at Ingka Group and IKEA, who confessed to having a deep emotional connection with India, said IKEA has a whole menu of growth opportunities listed down. from Moneycontrol Business News https://ift.tt/KdloYyL

Passenger numbers have seen a 5% drop in Q2Y24, sequentially. In such a situation, who will be the first one to drop fares and go after loads and not yields? It looks the focus will shift back to business travel. from Moneycontrol Business News https://ift.tt/rmQ4VEK

The management of HCL Technologies expects a strong H2 amidst an uncertain environment from Moneycontrol Business News https://ift.tt/6rl1JWn

As FY25 promises to be good, the lowering of guidance for the current fiscal won’t have much impact on stock from Moneycontrol Business News https://www.moneycontrol.com/news/business/infosys-q2-fy24-–-decent-quarter-marred-by-weak-guidance_17268451.html

Infosys narrowed its revenue growth guidance for the full year at the upper end and has now guided for revenue growth of 1-2.5 percent for the full year. from Moneycontrol Business News https://ift.tt/1Jj0U6V

The loan will be in the form of a revenue bond, with investors to be paid out of ticket sales from ten AirAsia flight routes, the people said, declining to be identified because the matter is private. A representative of the company declined to comment. from Moneycontrol Business News https://ift.tt/ZA6hlu7

With the execution of this agreement, Ichnos has successfully licensed its two assets for inflammatory and immunological diseases, a key milestone in the company#39;s prioritisation of its pipeline of oncology drug candidates, Ichnos Sciences said in a statement filed on BSE by Glenmark. from Moneycontrol Business News https://ift.tt/SRqapFb

The company had late September initiated buyback of 3.375% senior notes maturing in July 2024 and had said it plans to keep buying the outstanding notes over the next three quarters for cash. from Moneycontrol Business News https://ift.tt/56W9jY2

The ratings have been downgraded to #39;IND AA-#39; from #39;IND AA#39;, Vedanta said in a filing to the BSE. from Moneycontrol Business News https://ift.tt/Nq2MH6b

Margins to moderate but growth potential high, given the small size of the company from Moneycontrol Business News https://www.moneycontrol.com/news/business/zensar-–-isstock-reflecting-excessive-optimism_17264911.html

While LT did not disclose the exact value of the contract, it counts an order as #39;mega#39; when it is valued above Rs 7,000 crore. from Moneycontrol Business News https://ift.tt/aKHwI4W

The truck with a GVW (Gross Vehicle Weight) of 18.49 tonne is positioned to address the logistical demands of customers engaged in e-commerce, parcel delivery, transportation of fresh produce among others. from Moneycontrol Business News https://ift.tt/90wZiuk

Blackstone is the latest suitor for Disney#39;s assets in the hyper competitive Indian market, where it has been exploring a sale or a joint venture partner for the digital and TV business. from Moneycontrol Business News https://ift.tt/rOW3BNb

Under the partnership, LTIMindtree will play a pivotal role in supporting Infineon#39;s SAP transformation endeavours, while enabling operational excellence and process efficiencies, the company said in a release from Moneycontrol Business News https://ift.tt/i5Qn3a1