Wednesday, Dec 6 2023 | Time 01:15 Hrs(IST)
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05 Dec 2023 | 10:42 PM

Hyderabad, Dec 5 (UNI) Graphite India Limited, one of the largest producers of graphite electrodes globally, on Tuesday announced it has entered into a definitive transaction with a cash consideration of Rs. 50 Crores for an investment in Compulsory Convertible Preference Shares of GODI India Private Ltd, , which on a fully diluted basis will provide an equity shareholding of 31% in the company.

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NLCIL starts bio mass co-firing at its power station in Tuticorin

05 Dec 2023 | 9:34 PM

New Delhi, Dec 5 (UNI) In a move that would reduce coal consumption, NLC India Ltd (NLCIL) on Tuesday started bio-mass co-firing at its coal-based thermal power station NLC Tamilnadu Power Ltd (NTPL) in Tuticorin.

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FedEx invests USD 100 million to foster job growth & innovation in Hyderabad's Tech Hub

05 Dec 2023 | 9:33 PM

Hyderabad, Dec 5 (UNI) FedEx Express (FedEx), a subsidiary of FedEx Corp. and one of the world’s largest express transportation companies, on Tuesday announced it has inaugurated its first Advanced Capability Community (ACC) in Hyderabad.

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Ambuja Cements completes acquisition of Sanghi Industries

05 Dec 2023 | 8:27 PM

New Delhi, Dec 5 (UNI) Adani group firm Ambuja Cements on Tuesday said that it has successfully completed the acquisition of Sanghi Industries Limited (SIL).

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LIC emerges as 4th largest global life insurer in world ranking

05 Dec 2023 | 8:16 PM

Kochi, Dec 5 (UNI) Life Insurance Corporation (LIC) has emerged as the fourth-largest global life insurer as per the "Top 50 Life Insurers in the World" ranking by S&P Global Market Intelligence
In a major recognition of its financial strength, India’s state owned LIC has emerged as the fourth largest global life insurer, according to a new ranking, on the basis of life and accident & health reserves, by S&P Global Market Intelligence, a release said.

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