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Mahindra eyes CKD assembly plant in South Africa, signs MoU with IDC
Business

Mahindra eyes CKD assembly plant in South Africa, signs MoU with IDC

Mahindra South Africa, the local subsidiary of the Indian automative giant, has signed a Memorandum of Understanding with the Industrial Development Corporation (IDC) to undertake

Gensol Engineering signs ₹350 crore deal for US Solar tracking subsidiary
Business

Gensol Engineering signs ₹350 crore deal for US Solar tracking subsidiary

Gensol Engineering Limited announced today it has signed a non-binding term sheet to sell its US subsidiary, Scorpius Trackers Inc., in a ₹350 crore ($42

Brigade Group plans to invest ₹1,500 crore in Kerala, signs MOU
Business

Brigade Group plans to invest ₹1,500 crore in Kerala, signs MOU

Brigade Group has proposed to invest ₹1,500 crore in Kerala with a potential generating employment for around 12,000 people over the next five years. Brigade

Kalyani Strategic Systems Ltd signs LoI with AM General to supply cannons to US
Business

Kalyani Strategic Systems Ltd signs LoI with AM General to supply cannons to US

Kalyani Strategic Systems Ltd (KSSL), a 100 per cent subsidiary of Bharat Forge Ltd, has signed a Letter of Intent with AM General, US, at

Oracle India sees AI-driven cloud momentum, signs 65 new clients in H1 FY25
Business

Oracle India sees AI-driven cloud momentum, signs 65 new clients in H1 FY25

Oracle India has seen over 50 per cent year-on-year (y-o-y) growth in its cloud infrastructure business in FY25 — across IaaS, PaaS, and Database Services

NMDC Group PJSC signs ₹21,000 crore MoU for Vadhvan Port development
Business

NMDC Group PJSC signs ₹21,000 crore MoU for Vadhvan Port development

UAE-based NMDC Group PJSC (formerly National Marine Dredging Company PJSC) signed a Memorandum of Understanding (MoU) with the Jawaharlal Nehru Port Authority on Tuesday, proposing

Nifty 50 down 13% from its record high. 5 signs that indicate a rocky road ahead
Stock Market

Nifty 50 down 13% from its record high. 5 signs that indicate a rocky road ahead

Last September, when the Indian stock market was soaring, many experts predicted that the Nifty 50 could reach the 28,000 mark within a few months.

BPCL signs strategic crude oil supply agreement with TotalEnergies
Business

BPCL signs strategic crude oil supply agreement with TotalEnergies

State-run Bharat Petroleum Corporation (BPCL) said on Thursday that it has signed a strategic term contract with TotalEnergies Trading Asia Pte Ltd for the supply of Middle

IOC signs -9 bn long-term LNG import deal with UAE firm
Business

IOC signs $7-9 bn long-term LNG import deal with UAE firm

Indian Oil Corporation (IOC), the nation’s largest oil firm, has signed a $7-9 billion deal to import LNG from UAE on a long-term 14-year contract.