Dec 8, 2021
By: Bhakti MakwanaRIL has formed a $2 billion partnership with Abu Dhabi Chemicals Derivatives Company RSC Ltd (Ta’ziz) for chemical production.
Credit: BCCL
The joint venture will construct and operate a chlor-alkali, ethylene dichloride (EDC) and polyvinyl chloride (PVC) production facility.
Credit: BCCL
L&T has signed an initial agreement with the Saudi Arabian Oil Company (Aramco) to develop manufacturing capabilities in Saudi Arabia. Under the plan, L&T will build the region’s first heavy wall pressure vessels facility in the kingdom's Jubail Industrial City.
Credit: Brightcom-Group
The company has approved a total of $1 billion as interim dividend for distributing ₹18 per equity share.
Credit: Brightcom-Group
Vedanta, which holds a 64.92 percent stake in Hindustan Zinc, is expected to get nearly ₹4,937.68 crore in dividend payout.
Credit: Brightcom-Group
The digital marketing company has acquired MediaMint, which offers digital consulting and operations services, for ₹566 crore.
Credit: Brightcom-Group
The telecom regulator has directed telecom operators to allow mobile subscribers to send out an outgoing SMS to avail porting facilities irrespective of the tariff plan.
Credit: BCCL
Madras High Court has admitted a plea to wind up the airline’s operations and take over its assets after it failed to pay dues. Court has asked to deposit $5 million in two weeks or face liquidation.
Credit: BCCL
Fast moving consumer goods (FMCG) major Nestle India has received an approval from the government for the production-linked incentive (PLI) scheme for processed fruits and vegetables.
Credit: Nestle
The software company and Vodafone Idea has made a partnership wherein Tanla will be the exclusive provider of solutions to secure, encrypt and enhance performance for the entire international messaging traffic on the Vi network.
Credit: BCCL
Shriram Properties IPO opens today, Tega Industries’ IPO allotment will be announced today.
Credit: BCCL