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MOTHERSON
has incorporated a wholly owned subsidiary company namely Motherson Treasury Strategy (MT) within the jurisdiction of Abu Dhabi Global Market (ADGM), United Arab Emirates. MT will provide various treasury related services including but not limited to cash management, working capital management and financing solutions for SAMIL and its subsidiaries.
TATASTEEL
has acquired 191,08,28,025 ordinary equity shares of face value $0.157 each aggregating to $300 million (Rs 2,603.16 crore) in T Steel Holdings (TSHP). Post this acquisition, TSHP will continue to be a wholly owned subsidiary of the Company.
CENTURYPLY
(India) has incorporated a wholly owned Subsidiary by the name ‘Centuryply Furniture Fittings’ (CFFL) at Kolkata on February 18, 2025. CFFL is incorporated for the purpose of manufacturing fitting and fixtures for furniture.
CROMPTON
Consumer Electricals has unveiled 'TechWithHeart' innovations, reinforcing its commitment to consumer-centric products that have been indigenously developed and manufactured. ‘TechWithHeart’ represents Crompton’s mission to create smart, responsible and high-performance solutions tailored to meet consumer needs. From fans that deliver high performance while ensuring progressively higher energy savings, to pumps that provide consistent and reliable water flow, every product is developed keeping the consumer at the heart of it.
NTPC
Green Energy (NGEL) has inked a Memorandum of Understanding (MoU) with Bharat Light and Power (BLP) to jointly explore the off-take of green hydrogen and its derivatives from NGEL and its affiliates to third parties. Opportunities for selling captured carbon or biogenic carbon from NGEL will also be in scope.
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