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Magellanic Cloud plans to invest ₹300 crore on acquisitions, hire 3,400 employees over next two years
Business

Magellanic Cloud plans to invest ₹300 crore on acquisitions, hire 3,400 employees over next two years

Magellanic Cloud Limited, an NSE and BSE-listed technology solutions, e-surveillance services, and drone company, has said it will invest over ₹300 crore on acquiring a

NALCO finalises ₹30,000-crore expansion plans
Business

NALCO finalises ₹30,000-crore expansion plans

State-owned alumina and aluminium-maker, NALCO (National Aluminium Company) has firmed up a ₹30,000-crore expansion plan by FY30 – its first major capex in recent times,

Khadim expects demerger to be completed by March and plans quick commerce tie-ups
Business

Khadim expects demerger to be completed by March and plans quick commerce tie-ups

Khadim India Ltd is expecting to complete the demerger of its distribution business by March 2025 with a subsequent listing in the bourses by May,

EU plans Donald Trump-style import ban on food
Finances

EU plans Donald Trump-style import ban on food

Stay informed with free updates Simply sign up to the EU trade myFT Digest — delivered directly to your inbox. The EU wants to block

New town plans in progress for 9 growth centres near Chennai, including Parandur: Stalin
Business

New town plans in progress for 9 growth centres near Chennai, including Parandur: Stalin

New town development plans are under preparation for nine growth centres around Chennai, including Parandur where the greenfield airport is being planned, said Chief Minister

EU plans to let states suspend fiscal rules to allow for defence investments
Finances

EU plans to let states suspend fiscal rules to allow for defence investments

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The EU plans to let

Apollo Hospitals eyes mid-teen revenue growth, plans major capacity expansion
Business

Apollo Hospitals eyes mid-teen revenue growth, plans major capacity expansion

Apollo Hospitals Enterprise Ltd anticipates sustaining its current growth momentum, projecting mid-teen revenue growth in the coming years. The company aims to achieve this through

NCDEX eyes equity trading amid agri derivatives ban, plans ₹600 cr investment
Business

NCDEX eyes equity trading amid agri derivatives ban, plans ₹600 cr investment

Having been hit by a sudden ban on derivatives trading in key agriculture commodities, NCDEX plans to venture into equity and equity derivatives trading and