Oct 13, 2021By: Rounak Jain
Invested $29 million in Germany-based NexWafe, which makes high-efficiency monocrystalline silicon wafers, used in the production of semiconductors.
Partnered with Stiesdal, a Dutch company, to develop and manufacture hydrogen electrolysers, with a target of offering hydrogen energy at $1 per kilogram in a decade’s time.
Incorporated a new passenger electric vehicle subsidiary TML EV Co., and entered into an agreement with TPG Rise Climate to infuse $1 billion in the company, valuing it at $9.1 billion.
TML EV Co., will own and develop all future electric vehicles under the Tata Motors’ brand. It will invest up to $2 billion over the next 5 years for creating an EV ecosystem, including products, platforms, drivetrains, charging infrastructure and more.
The information technology (IT) services giant will declare its September quarter results today.
Infosys, Wipro, Mindtree, Aditya Birla Money, SDC Techmedia, Advik Laboratories, among others.
Promoters Vodafone Plc., and Aditya Birla Group are reportedly considering investing up to $400 million in the telco.
The Reserve Bank of India has authorised these two banks to collect direct and indirect taxes. Customers of these two banks will be able to pay these taxes via the bank’s portals and apps.
Board has approved an investment proposal to set up an electric vehicle charging station in Navi Mumbai at an estimated cost of ₹14 crore.
The drone maker will consider a fundraising plan on October 16.