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Lucid chief resigns as EV maker pledges to double production
Finances

Lucid chief resigns as EV maker pledges to double production

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Lucid Motors chief executive Peter

Danish natural colour maker Oterra to increase its Kochi production facility 
Business

Danish natural colour maker Oterra to increase its Kochi production facility 

Oterra — the Danish based natural colour manufacturer and the parent company of Akay Natural Ingredients — is investing close to ₹100 crore in India

Danish natural colour maker Oterra to increase its Kochi production facility 
Business

Danish natural colour maker Oterra to increase its Kochi production facility 

Oterra — the Danish based natural colour manufacturer and the parent company of Akay Natural Ingredients — is investing close to ₹100 crore in India

iPhone component maker Murata Electronics to lease factory in Chennai, plans full operations by FY26
Business

iPhone component maker Murata Electronics to lease factory in Chennai, plans full operations by FY26

Murata Electronics (India) Private Limited, a subsidiary of iPhone component maker Murata Manufacturing Co., Ltd., has entered into an agreement to lease a factory within

Nikola goes bankrupt amid cash burn, files for Chapter 11 bankruptcy protection; EV maker stock crashes to all-time low
Stock Market

Nikola goes bankrupt amid cash burn, files for Chapter 11 bankruptcy protection; EV maker stock crashes to all-time low

Nikola said on Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of its assets, the latest electric-vehicle maker to

LG India IPO: South Korean electronics maker kicks off roadshows for .5 billion public offer
Stock Market

LG India IPO: South Korean electronics maker kicks off roadshows for $1.5 billion public offer

LG Electronics Inc. has started roadshows to meet potential investors in the initial public offering of its Indian unit, people familiar with the matter said.

Steel maker SAIL to set up new rail mill with 0 million investment: Chairman Prakash
Business

Steel maker SAIL to set up new rail mill with $800 million investment: Chairman Prakash

SAIL’s Chairman Amarendu Prakash said on Saturday the company is bullish on the demand for rails in the country and has decided to set up