Chennai: Jaya Hind Industries, a supplier of precision aluminium die-cast components, is investing ₹200 crore to expand its aluminium die-casting facility near Chennai. The move will raise the plant's installed capacity to about 20,000 tonnes per year and add advanced, vertically integrated manufacturing capabilities.The company, which is part of the Dr. Abhay Firodia Group, is undertaking a...
Chennai: The Munich (Germany)-headquartered €7.9 billion Knorr-Bremse Group, a leading manufacturer of braking systems and supplier of safety-critical subsystems for rail and commercial vehicles, will establish a new manufacturing unit on the Sriperumbudur industrial corridor, with an investment of ₹1,907 crore.The proposed greenfield facility will be established by its Indian arm,...
Sep 22, 2023, 07:30AM ISTSource: TOI.inIPOs: Indian stock markets have been touching all time highs and despite the recent corrections, Sensex and Nifty have performed well this year. 2023 has also seen a flurry of IPOs or Initial Public Offerings as more companies across various sectors look to list on the stock market. In such a case, what should retail investors do? What are the top 5 things that...
CHENNAI: Real estate developer Urbanrise, an Alliance Group Company, on Friday announced that it would develop two million square feet of luxury high-rise apartment community at Mahindra World City (MWC) in Chennai and earmarked an investment of Rs 700 crore for the purpose. Mahindra Lifespace Developers Ltd (MLDL), the real estate and infrastructure development business of the Mahindra Group, has...
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