TVS Motor | The company has introduced the refreshed Apache RR310, now starting at ₹2.75 lakh, up ₹3,000 increase from its earlier price, However, the base model, available in Racing Red, excludes the quick-shifter feature. The variant with the quick-shifter is priced at ₹2.92 lakh, while the Bomber Grey version with the quick-shifter is priced at ₹2.97 lakh.
Reliance Infrastructure | The board of the company will meet on September 19 to consider a preferential issue of shares to raise funds. The company had raised ₹550 crore in July 2021 by issuing shares on a preferential basis, wherein promoters infused ₹400 crore and Varde Capital Partners — an international investor — subscribed to shares aggregating ₹150 crore.
JK Tyre & Industries | Tyre manufacturer said its board of directors has approved a scheme of amalgamation with its subsidiary, Cavendish Industries Ltd. As part of the merger, shareholders of Cavendish Industries will receive 92 fully paid-up equity shares of JK Tyre (₹2 each) for every 100 equity shares of Cavendish Industries (₹10 each).
Vedanta | Mining conglomerate said Vedanta Aluminium is responding to a breach at its process water storage pond at the Lanjigarh alumina refinery in Odisha, which occurred on September 15, 2024, due to severe weather conditions. The breach, caused by elevated water levels and pressure in the dam’s catchment area, has impacted agricultural lands in the region.
Firstsource Solutions | Business process management services provider announced a strategic collaboration with Microsoft to deliver advanced digital transformation services to clients worldwide. By leveraging Microsoft Azure OpenAI Service, the partnership aims to drive innovation and efficiency across multiple industries, the company said.