Deepak Nitrite's subsidiary, Deepak Chem Tech Ltd, has acquired a 100% stake in Narmada Thermal Power Private Ltd for Rs 61.65 crore. The acquisition is expected to be completed by June 30.

Deepak Nitrite reported an 8.54% rise in net profit for the March quarter to Rs 253.85 crore. The company also acquired OXOC Chemicals Ltd, making it a wholly owned subsidiary.

Deepak Chem Tech will invest Rs 9,000 crore to establish chemical manufacturing units in Dahej, Gujarat, creating 1,300 jobs. The project is expected to be operational by 2027.

Chinese EV manufacturers are investing heavily in Morocco to capitalize on US subsidies, despite rules aimed at reducing reliance on China. The move highlights the complexities of the global EV...

Air India cancels Copenhagen-Delhi flight on June 30 due to technical and operational reasons, leaving passengers stranded. Revised schedule to be announced soon.

TCS becomes title sponsor of the Sydney Marathon for 5 years, adding to its global running event portfolio. Meanwhile, ICICI Bank launches a prepaid forex card for students and Godrej Security...

Emcure Pharmaceuticals, backed by Bain Capital, has raised Rs 583 crore from anchor investors ahead of its IPO. The IPO opens for subscription on July 3 and closes on July 5.

Capgemini invests Rs 1,000 crore in Chennai facility, creating 5,000 jobs and focusing on sustainability, innovation, and local talent development.

Chinese EV manufacturers are investing heavily in Morocco to capitalize on US subsidies, despite rules aimed at reducing reliance on China. The move highlights the complexities of the global EV...

Air India cancels Copenhagen-Delhi flight on June 30 due to technical and operational reasons, leaving passengers stranded. Revised schedule to be announced soon.

Punjab Finance Minister Harpal Cheema announced an extension of the One Time Settlement (OTS) scheme deadline to August 16 for taxpayers to settle outstanding dues. The scheme aims to reduce...

HCL Technologies launches its first delivery center in Bihar, focusing on IT and engineering services for hi-tech and semiconductor companies. The center will also feature specialized labs and...

TCS becomes title sponsor of the Sydney Marathon for 5 years, adding to its global running event portfolio. Meanwhile, ICICI Bank launches a prepaid forex card for students and Godrej Security...