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Aditya Birla group sells pulp, paper biz to ITC for ₹ 3,500 cr
The New Indian Express Vellore
|April 01, 2025
Completion of the acquisition is expected by the end of the first half of this year
RENAULT GROUP will acquire 51% stake in Renault Nissan Automotive India, and as a result would own 100% in the company, the French automaker said on Monday.
The company has, however, not revealed the total consideration of the transaction, which is subject to regulatory approvals and its completion is expected by the end of the first half of 2025.
The two automakers - Renault and Nissan - have also entered into an operational agreement to continue the current projects between Renault Group and Nissan, and define the future relationship of Renault Group and Nissan in India. Nissan will continue to use RNAIPL as a sourcing for India and export in the coming years. Renault Nissan Automotive India Pvt Ltd (RNAIPL) has a manufacturing facility in Oragadam on the outskirts of Chennai, where the company produces cars for both domestic and export markets. The plant has the capacity to produce 400,000 cars annually.
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MÁS HISTORIAS DE The New Indian Express Vellore
The New Indian Express Vellore
Industry bodies seek biz-friendly tax regime
AS the finance ministry is gearing up for the next Union Budget, industry chambers like CII, ASSOCHAM, PHDCCI, FICCI called for a more predictable and business-friendly direct tax regime with more focus on faster dispute resolution and employment boost.
1 mins
November 04, 2025
The New Indian Express Vellore
NLCIL lands in dock over ₹332 cr cost overrun for township project
NEYVELI Lignite Corporation India Ltd (NLCIL), a PSU major under the coal ministry, is under scrutiny for allegedly bypassing standard tendering norms in appointing a project management consultant (PMC), which eventually led to a massive cost overrun of nearly ₹332 crore.
1 min
November 04, 2025
The New Indian Express Vellore
₹1L cr fund to boost pvt investment in research
PRIME Minister Narendra Modi on Monday launched a ₹1 lakh crore Research, Development and Innovation Scheme for high-risk and high-impact projects, marking a significant shift in India's research sector.
2 mins
November 04, 2025
The New Indian Express Vellore
Recognition, fame and riches, India women wake up to new reality
AS the embers of the beautiful night melted in the dawn, Indiawomen woke up to a new reality - the World Champions. Harmanpreet Kaur and her team must have realized life will no longer be the same again.
1 min
November 04, 2025
The New Indian Express Vellore
TVK forms volunteers' wing for crowd control, retired cops to train workers
THE Tamilaga Vettri Kazhagam (TVK) has formed a dedicated volunteers' wing, Thondar Ani, to ensure effective crowd management during public events and party campaigns.
1 min
November 04, 2025
The New Indian Express Vellore
Zubeen murdered, chargesheet by Dec 17, says Himanta
ASSAM Chief Minister Himanta Biswa Sarma said that Zubeen Garg's death was not accidental but a case of murder on Monday. “I won't call it an accident but murder.
1 min
November 04, 2025
The New Indian Express Vellore
SC rejects creditor's plea against Aakash rights issue
THE Supreme Court on Monday dismissed an appeal filed by US-based lender GLAS Trust Company LLC, a creditor of Think & Learn Pvt Ltd, parent company of BYJU’s, against the rights issue proposed by Aakash Educational Services Limited (AESL), clearing the way for the capital raise that will reduce Byju’s holding in the company from 25.75% to about 5%.
1 mins
November 04, 2025
The New Indian Express Vellore
India plans to bring eight cheetahs from Botswana
INDIA plans to bring another batch of eight cheetahs from Botswana by the third week of December that are currently under quarantine.
1 min
November 04, 2025
The New Indian Express Vellore
TN concede big first innings lead vs Vidarbha
VIDARBHASS batting depth once again came to the fore as Yash Rathod cracked a brilliant century (133) to help the visitors bag the all important lead over Tamil Nadu on the third day of the Ranji Trophy Elite Group ‘A match being played at CDCA-Sri Ramakrishna College of Arts & Science ground, Coimbatore on Monday.
1 mins
November 04, 2025
The New Indian Express Vellore
City Union Bank profit up 15% at ₹329 cr on interest income, better asset quality
KUMBAKONAM.based private lender City Union Bank on Monday reported 15% rise in net profit from ₹285 crore in Q2FY25 to ₹329 crore Q2FY26, driven by an increase in interest income and better asset quality.
1 min
November 04, 2025
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