Hindalco Industries Ltd.

Kalyan Jewellers India is planning to enter the franchise model in the first half of the next financial year to accelerate expansion mainly in the non-southern India market. Currently, the company has 151 company-owned showrooms in 21 states and four countries in the Middle East. Of this, 121 are in India and 30 are in the Middle East.

Indian Oil Corporation (IOC) is planning three new plants in the Northeast to increase its LPG bottling capacity by nearly 53 per cent to eight crore cylinders annually by 2030 to meet the growing demand in the region.

Hindalco Industries has entered into a Share Purchase agreement (SPA) with Terrabel Empreedimentos, a Brazilian firm to divest entire equity shareholding in Hindalco Do Brazil Industria Comercia de Alumina (HDB).

Zuari Agro Chemicals has raised Rs 90 crore through senior, secured, unrated, unlisted, redeemable, non-convertible debentures (NCDs) denominated in Indian Rupees and allotted 900 NCDs having face value of Rs 10 lakh on Private Placement basis. The board of directors at its meeting held on February 25, 2022 has approved the same.

Maruti Suzuki India has launched the New WagonR in an all new avatar. The New WagonR is powered by the Advanced K-series Dual Jet, Dual VVT Engines with Idle Start Stop Technology and comes in 1.0L and 1.2L Powertrain options. Its sporty exterior design, premium dual tone interiors, new-age safety and convenience features is poised to impress customers with its practical yet modern appeal.

KP Energy has received Purchase Order worth Rs 52.26 crore for executing wind power project in Gujarat for a captive customer. The Commissioning date for the Project is June 30, 2022. In view of showel readiness, company is confident of completing the supply and execution ahead of schedule. The company has offered tailor made solution best suitable to the captive customer for its hybrid Power Project by offering required EPCC services for wind along with the supply of wind turbines to the customers.

SJVN has received in-principle approval from Ministry of New and Renewable Energy, Government of India for development of 400MW Solar park at District Kinnaur under Mode-8 of the Solar Park Scheme. These projects will assist SJVN in achieving its ambitious shared vision of 5000 MW by 2023, 25000 MW by 2030 and 50000 MW by 2040 and simultaneously contribute towards RE capacity addition target of 500 GW by 2030 set by Government of India.