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The facility, to be commissioned by July 2025, will initially produce 25,000 tonnes of the aluminium foil which forms the backbone of lithium-ion and sodium-ion cells, Hindalco Industries said.

The stock performance of the company has been largely muted in the last six months, gaining a marginal 2 percent on the exchanges.

Abhishek Gupta, the current CFO, will continue with OYO in an advisory and mentorship capacity, OYO said in a statement.

LIC#39;s portfolio is currently at Rs 58,577 crore in Adani Group stocks, around 29% down from its December 2022 quarter value of Rs 82,943 crore.

Foreign research firm Morgan Stanley has kept under-weight rating on the stock with target of Rs 4,374 per share.

RVNL-URC JV emerged as the lowest bidder for part design and construction of elevated viaduct, 5 elevated metro rail stations and Ramp for Indore Metro Rail Project.

Moneycontrol had reported citing sources that three private equity funds- Chrys Capital, Capital Group and Everbridge Partners, were looking to pare stake in Mankind Pharma worth at least $592 million through block deals.

The determination of the issue price will be a joint effort between the bank and the book-running lead managers appointed for the QIP issue.

In a company update, Mahindra and Mahindra reported that the total production of 69,875 units in November 2023, a 13.4 percent increase over 61,618, during the year-ago period.

The company in a statement said this marks REC#39;s sixth line of credit under the Indo-German development cooperation.