The Network Planning Group reviewed eight infrastructure projects, including railway lines and industrial clusters, with a total estimated investment of over Rs 14 billion.

Nalanda Capital has divested a 1.2% stake in Thermax for Rs 765 crore through an open market transaction. The shares were sold at an average price of Rs 5,100.26 apiece.

Canara Bank, JSW Energy, and 11 other companies will be included in the MSCI India index effective May 31, 2024, as per the latest index review. Three companies will be removed.

Thermax Ltd reported a 20% increase in net profit to Rs 188 crore in the January-March 2024 quarter, driven by higher revenues. The company also announced a dividend of Rs 12 per share.

Thermax launches new facility in Pune to provide wastewater treatment solutions. The facility integrates advanced production techniques and automation to enhance efficiency.

General Motors will pay $146 million in penalties for 5.9 million vehicles failing to meet fuel economy standards. The affected models include Chevy Tahoe, Cadillac Escalade, and Chevy Silverado.

The GPAI Ministerial Council has agreed on a future vision for the partnership, recognizing AI's potential and addressing emerging risks and challenges.

Indiabulls Housing Finance has officially changed its name to Sammaan Capital. The company will transition its branding over the coming month.

Bharat Coal Gasification & Chemicals Ltd (BCGCL) holds pre-bid meeting for its first coal gasification project in Odisha, aiming to finalize the detailed feasibility report.

Writesonic, a generative AI platform, has partnered with Microsoft to offer enhanced AI-powered solutions for enterprises, leveraging Azure's cloud infrastructure for scalability and security.

General Motors will pay $146 million in penalties for 5.9 million vehicles failing to meet fuel economy standards. The affected models include Chevy Tahoe, Cadillac Escalade, and Chevy Silverado.

The GPAI Ministerial Council has agreed on a future vision for the partnership, recognizing AI's potential and addressing emerging risks and challenges.

Indiabulls Housing Finance has officially changed its name to Sammaan Capital. The company will transition its branding over the coming month.

Bharat Coal Gasification & Chemicals Ltd (BCGCL) holds pre-bid meeting for its first coal gasification project in Odisha, aiming to finalize the detailed feasibility report.

Writesonic, a generative AI platform, has partnered with Microsoft to offer enhanced AI-powered solutions for enterprises, leveraging Azure's cloud infrastructure for scalability and security.