TI GROUP
TIVOLT Electric set to launch e-SCV under 'Montra Electric' brand
TIVOLT Electric Vehicles, a joint venture by Murugappa Group and TI Clean Mobility, to launch e-small commercial vehicles under 'Montra Electric' brand. Tube Investments of India's Vellayan Subbiah highlighted India's role in global EV adoption and TICMPL's Rs 3,000 crore commitment to EV sector, including development of MHCV truck and Small Commercial Vehicle platform.
China will never treat India as an equal partner, says USISPF president Aghi
Mukesh Aghi, head of the US-India Strategic and Partnership Forum, has stated that China will never treat India as an equal partner and is forcing New Delhi to spend more on defense than capital investment by amassing troops on the border. Aghi emphasized that India's economy, though growing rapidly, is still relatively small compared to the global GDP. He noted China's strategy of challenging India, which has led to a military standoff. Aghi also highlighted the US's view of India as a pivotal partner, with extensive joint exercises and shared concerns about China.
'3 Body Problem' Season 2:Work begins, everything you may like to know
'3 Body Problem' was viewed for 1.79 billion minutes on Netflix. It has reportedly the highest per-episode cost of any first season of a Netflix series. It is one of the most expensive overall behind 'Stranger Things' later seasons.
Haiti gang leader killed as transition council nears completion
A police operation killed the head of the Delmas 95 gang, Ernst Julme, known as Ti Greg, a day after another gang leader was killed in an apparent resurgence of a vigilante justice movement, police and sources confirmed.
Experts examine aspects from food to mobility in bringing sustainable solutions
The industry stakeholders discussed the various aspects of sustainability, including food & water innovation, sustainable manufacturing & environments and mobility solutions.
The International 2023: Group matches, playoffs, tickets, tournament and all you need to know
The International will be held in Seattle first time since 2017. Know everything in detail.
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Mahindra Group CEO Anish Shah’s secret to work-life balance – 16-hour work days
For Mahindra Group CEO & MD Anish Shah, the secret to balancing his home life with the pressures of the job lie in extreme time management. As a general rule, the top boss works 16-18 hours on weekdays to ensure he reserves the weekends exclusively for his family.
Investors to continue ‘wait-and-see’ approach on late-stage startups: BCG, Times Bridge, TiE report
The report pointed out that India-focussed funds are sitting on the highest-ever unallocated capital at $23 billion in 2022. The dry powder will continue to be mostly deployed at early-stage startups in 2023 with investors exhibiting patience with “growth and late-stage startups” with the focus being on profitability metrics, it said.
Multiples PE invests Rs 1200 cr in Murugappa group company
TICMPL, a wholly owned subsidiary of Tube Investments of India Limited (TII) has already unveiled its passenger 3-wheeler electric vehicle. The company, through its subsidiaries, is driving the design and development of electric tractors and electric Heavy Commercial Vehicles.
Affordable, sturdy & eco-friendly alloys are future of artificial limbs
As population increases, the demand for artificial limbs may also rise.
Regional finalists of the TiE Young Entrepreneurs programme win top honours at global finale
The winning team comprised nine high schoolers from across India and their venture – DetectoClip is a device for the visually impaired.
Move over retail, omnichannel has come to learning
Entering the edtech sector is easy but sustaining there is tough as the market is crowded. The answer lies in resilience and building trust.
Kumar Mangalam Birla receives Global Entrepreneur of the Year Award from TiE
“It is an honour to receive this prestigious award in a year that has been marked by such unprecedented change. The Aditya Birla Group stands out for its pace of activity, range of businesses and breadth of its geographical presence,” Birla said in a media statement.
Gautam Adani to triple solar power generation capacity in 4 years
Speaking at the inaugural session of the 'TiE Sustainability Summit 2021' themed, "Where entrepreneurship meets sustainability", Gautam Adani said over the next decade, his group would invest over USD 20 billion in renewable energy generation.
CG Power hits upper circuit after Tube Investments takes over majority stake
The TII board of directors also approved fundraising worth Rs 350 crore from the Azim Premji Trust and SBI Mutual Fund schemes. The company will allot shares to both entities on preferential allotment or private placement basis, TII said in a stock exchange filing.
BSE-NSE bulk deals: Smallcap World Fund buys 23.65 lakh shares of Tube Investments
Smallcap World Fund Inc bought 23.65 lakh shares of Tube Investments of India at Rs 841 per share in a bulk deal on Thursday. On the other hand, HDFC MF- HDFC Small Cap Fund sold 23.50 lakh shares of the company at the same price.
CG Power lenders agree for loan restructuring, pave way for Murugappa takeover
In separate but almost identical stock exchange filings, CG Power and Murugappa Group firm Tube Investments of India Ltd (TIIL), said lenders have accepted one-time settlement and restructuring of debt.
CG Power shareholders vote to declassify Thapar as promoter, re-appoint Mathur as director
Within days of the unearthing of the fraud involving siphoning off money raised using company assets as collateral, Thapar was removed by the company board on August 29, 2019. Thapar was the non-executive chairman of the company at that time.
Lots of unanswered questions ahead of CG Power AGM
The Murugappa Group's Tube Investments of India which has taken over the company has invested nearly Rs 800 crore to turnaround the scam hit CG Power.
Stocks in the news: Infosys, Wipro, Karnataka Bank, Tata Elxsi, Adani Green and CG Power
Competition Commission of India (CCI) has approved the acquisition of various solar energy assets by a joint venture of Adani Energy and Total Solar.
Corporate chatter: LVB’s woes continue; Murugappa Group eyes new horizons with CG Power in the kitty; analysts face management fury, triggered by Covid
A first-generation Indian entrepreneur is on the prowl again.
Family members of Murugappa Group vote against giving a board seat to Valli Arunachalam
Ambadi Investments Ltd (AIL), a holding company of over $ 5 billion Murugappa Group in its Annual General Meeting (AGM) decided on Monday, not to allow her on the board of the holding company that controls the financial services-to-agro commodity conglomerate.
After drawn out battle, Murugappa Group set to discuss Valli Arunachalam's board entry
Arunachalam, a nuclear engineer by training, is the eldest daughter of former executive chairman MV Murugappan, who died in 2017. Arunachalam says she was denied a board position in Ambadi Investments, despite being his heir. Arunachalam, 59, her sister and their mother hold an 8.15% stake in AIL.
Murugappa Group set to win Swiss challenge for CG Power after no fresh bids, say sources
Chennai-based Murugappa Group firm Tube Investments of India Ltd (TIIL) had earlier this month offered to invest Rs 700 crore in CG Power and Industrial Solutions Ltd for a 56.6 per cent stake.
Tech-savvy groups opposing Donald Trump use TikTok to sabotage US President's comeback rally
The Trump campaign blamed the 'fake news media' for 'warning people away from the rally'.
The charm of PE multiples: Here are the safe havens
About 30 stocks from the BSE500 index have managed to buck the trend on D-Street.
Meet the contrarians: Stocks that rallied up to 35% as Sensex crashed 3,000 pts
Most of the bluechip stock perished in tandem with the broader market indices.
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