 "Jakson’s Bold Solar Expansion: Powering India’s Renewable Future with ₹2,000 Crore Investment")
Jakson Group’s subsidiary, Jakson Engineers, is set to invest Rs 2,000 crore to expand its solar manufacturing operations. This ambitious project includes a new 2,500 MW solar cell manufacturing facility, which will be developed in two phases, along with the expansion of an existing solar module plant to reach a capacity of 2,000 MW. The ...
 "SMFG India Credit Eyes Rs 60,000 Crore AUM with Branch Expansion")
Sumitomo Mitsui Financial Group (SMFG) India Credit is on track to increase its assets under management (AUM) to Rs 60,000 crore by the end of the financial year 2024-25, up from Rs 45,000 crore last year. The company has recently expanded its branch network, adding 300 new branches mostly in Tier 2 cities and rural ...
 "Revamping India’s Financial Landscape: A Call for Comprehensive Service Expansion")
Sanjiv Bajaj, President of the Confederation of Indian Industry, recently addressed the need for a wider distribution of financial services in India. During a CII event in Mumbai, he emphasized that banks are not well-suited for long-term project funding due to a mismatch between their assets and liabilities. Instead, he suggested that funding should come ...
 "Adani Wilmar Eyes Expansion: Billion Acquisition Drive in FMCG Sector")
Adani Wilmar is set to enhance its presence in India’s packaged consumer goods Market with plans to acquire three food companies, backed by a $1 billion acquisition fund. This strategy focuses on brands that specialize in spices, ready-to-cook foods, and packaged edibles, aiming to increase revenue from consumer sectors to 25-30%. The company has already ...
 "\"Mukesh Ambani Unveils RIL’s Ambitious Future: Bonus Shares, Energy Expansion, Retail Surprise\"")
"Mukesh Ambani Unveils RIL’s Ambitious Future: Bonus Shares, Energy Expansion, Retail Surprise"
Mukesh Ambani, Chairman of Reliance Industries (RIL), addressed the 47th annual general meeting in Mumbai on August 29, 2024. He announced key developments, including a proposal to issue 1:1 bonus shares and detailed plans to position RIL among the world’s top 30 companies by leveraging advanced technology and manufacturing. While he didn’t provide updates on ...
 "Facing turbulent times, SpiceJet has temporarily furloughed 150 cabin crew members for three months, citing a lean travel season and a reduced fleet size. This move, intended to secure long-term stability, comes amidst the airline’s ongoing struggles with prolonged losses, unpaid dues to lessors, and legal battles. Despite these challenges, SpiceJet assures that affected employees will maintain their health benefits and earned leave. The budget carrier, which last reported a profit in 2017-18, hopes to welcome the crew back following its upcoming fleet expansion, bolstered by a Rs 3,000 crore fundraising effort expected to complete by September.")
Struggling with a severe cash crunch, budget airline SpiceJet has decided to furlough 150 of its cabin crew for three months. This latest move highlights the financial challenges the company faces. Find out how this decision impacts employees and the airline’s operations in our detailed report. Download Latest Movies in HD Quality Downloading In 15 ...
