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Vedanta greenlights Rs 3,400 cr NCDs raise for capital structure enhancement
Last week, Vedanta Resources (VRL), the UK-headquartered parent company of the Vedanta group, announced securing a USD 1.25-billion loan from private lenders to refinance a portion of its $3.2-billion debt maturing in 2024 and 2025.Read more
Tesla's Cybertruck launch sparks optimism for Indian auto component market
Although the US and Canada dominate 54% of the global pickup truck market, initial reports suggest that Tesla's new offering could secure nearly 7% market share in its first year.Read more
Graphite India invests Rs 50 cr in Godi India for advanced battery technologies
The company has acquired technical expertise in cutting-edge technologies like sodium-ion and Solid-State batteries.Read more
Future of manufacturing: Robotics reshaping the assembly line
Indian manufacturing sector has advanced considerably with increasing adoption of automation and robotics. The increasing applications of robotic devices and systems necessitate a diverse set of knowledge and skills among robotics professionals, writes Sumit Kumar.Read more
Tega Industries acquires McNally Sayaji, expands into capital equipment manufacturing
The newly merged entity, Tega McNally Minerals, will expand its offerings to provide a comprehensive range of solutions for the global mining market.Read more
Bizongo boosts AI offerings with acquisition of FactoryPlus
The integration of FactoryPlus into Bizongo's platform will enable the provision of an AI-powered raw material procurement solution for MSMEs.Read more
Euler Motors raises Rs 120 Cr in Series-C extension round for pan-India expansion
The company said it has also onboarded Green Frontier Capital, India's first investment firm focused on growth companies as part of this fundraising round along with existing investors, it said.Read more
Aequs raises Rs 448 cr in funding round led by Singapore?s Amansa Capital
Other investors include Steadview Capital, Catamaran, Sparta Group, and other individual investors. Capital to fund entry into new Advanced Technology Products vertical and existing operations.Read more
Railway modernisation presents big opportunity for SMEs
During a virtual discussion forum on railways, organised by the FIRST Construction Council (FCC), an infrastructure think-tank, industry experts highlighted business opportunities for industry (especially for SMEs) in the developing rail infrastructure segmentRead more
India’s first semi high-speed regional train by Alstom – RAPIDX gets inaugurated
Designed and manufactured in India, the RAPIDX reinstates Alstom’s commitment to Atmanirbhar Bharat with end-to-end engineering, manufacturing and signalling work done in India.Read more