Hindalco Industries, through its subsidiary, is set to acquire AluChem Companies, Inc. for $125 million, marking its entry into the low soda Tabular Alumina segment. This acquisition provides Hindalco with a North American foothold and advanced manufacturing facilities, boosting its…
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Jaguar Land Rover will assemble luxury vehicles in Tamil Nadu by early 2026, investing ₹9,000 crore over five years. Tata Motors has delayed the Avinya EV launch by a year due to engineering challenges. JLR aims to mitigate global headwinds…
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Reliance Brands, the luxury retail arm of Reliance Retail, is merging its operations with its parent company as Reliance Retail prepares for a potential listing. This consolidation aims to streamline operations, eliminate redundancies, and improve efficiency across its retail business.
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Adani Airports Holdings has successfully refinanced $750 million in debt for Mumbai International Airport with backing from major international funds like Apollo and BlackRock. The new notes, maturing in 2029 and priced at 6.9%, mark India’s first investment-grade rated private…
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The CBIC has extended the validity of No Objection Certificates for imported alcoholic beverages bottled at origin or in bulk with over 10% alcohol content. This follows FSSAI’s clarification allowing 365-day validity for consignments without expiry dates. Consignments exceeding this…
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The Competition Commission of India (CCI) has approved Bain Capital’s acquisition of a stake in Manappuram Finance and Manappuram Asset Finance. Bain Capital, through its affiliates, will acquire shares via private placement, warrants, and an open offer, potentially holding 26%…
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