Mahindra & Mahindra Ltd (M&M) has announced that it will acquire a 58.96% stake in SML Isuzu Ltd (SML) for ₹555 crore at ₹650 per share, as part of a strategic move to significantly strengthen its presence in the >3.5 tonne commercial vehicles (CV) segment. The agreement includes the launch of a mandatory open offer in accordance with SEBI Takeover Regulations.
This acquisition marks a...
F-Secure, a global leader in cybersecurity solutions, has announced a new partnership with Orange, one of the world’s major telecommunications providers. Building on an earlier announcement made on April 1st, the collaboration will see Orange offering F-Secure’s Total solution to millions of its customers across Europe.
The partnership combines F-Secure’s advanced threat protection technologies with Orange Cyberdefense’s managed services expertise to provide a comprehensive digital...
As solarisation projects accelerate across Africa under the International Solar Alliance (ISA), the body is calling on Indian businesses to step up and support...
India’s solar photovoltaic (PV) module manufacturing capacity is set to rise to 125 gigawatts (GW) by 2030, Union Minister for New and Renewable Energy...
India’s first commercially-approved standalone battery energy storage system (BESS), capable of providing four-hour daily power backup, is set to become operational soon, BSES Rajdhani...
The Competition Commission of India (CCI) has granted approval for JSW Neo Energy Limited’s acquisition of 100% shareholding in O2 Power Midco Holdings Pte....
India’s renewable energy ambitions are among the most aggressive in the world, but the country must move faster to align with global climate targets,...
Adani Green Energy Ltd (AGEL), India’s largest renewable energy company, has successfully refinanced $1.06 billion in construction financing to support the development of India’s...
India is preparing a $1 billion capital subsidy to accelerate its solar manufacturing industry, focusing on reducing reliance on Chinese imports and positioning itself...
Madhya Pradesh is set to witness a massive industrial and energy transformation, as major corporations, including Adani Group, Reliance Industries (RIL), NTPC, and Avaada...
Bengaluru-based Emvee Energy has announced plans to invest ₹15,000 crore in a large-scale solar photovoltaic (PV) manufacturing plant in Karnataka. The investment will be...
Jio-bp, a joint venture between Reliance Industries and BP, is expanding its electric vehicle (EV) charging network in India. The company, which currently operates...