Kalpataru bags orders worth Rs 2,477 crore

Kalpataru Power Transmission Limited (KPTL) and its international subsidiaries have secured new orders/notification of awards of Rs 2,477 crore, a statement said.

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Anil Agarwal said to weigh Vedanta stake sale as last-resort option

Vedanta’s shares have fallen about 32% in the last 12 months, giving it a market value of about $12.6 billion. A 5% stake is worth about $630 million.

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Agritech startup Sorted raises over $5 million as seed funding

According to a statement, the serial entrepreneur has started Sorted, powered by proprietary technology and a franchisee network of digitised mom pop stores.

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Moneycontrol Selects: Top stories this afternoon

Our specially curated package of the most interesting articles of the day will help you stay at the top of your game.

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Adani Airports to bid for more airports in India: CEO Arun Bansal

In the last round of airport privatisation by the government, Adani Airports won bids to operate six airports.

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IFC to invest Rs 600 crore in MM’s new last mile mobility company

This investment in Mahindra Mahindra’s new wholly owned subsidiary last mile mobility (LLM) company will be in form of compulsory convertible instruments at a valuation of Rs 6,020 crore and will result in an ownership of between 9.97 percent and 13.64 percent for IFC in the new company

from Moneycontrol Business News https://www.moneycontrol.com/news/business/ifc-to-invest-rs-600-croremm’s-new-last-mile-mobility-company_16935671.html

Indian airports#39; revenues to rise to $3.9 billion next fiscal year

For 2023-24, air passenger traffic, including domestic and international, is expected to be 395 million, it said while presenting the outlook for the airports.

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Why this high-quality midcap deserves a look

With the economy gaining momentum and supply challenges abating, Control Print is poised for strong growth

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MM looking to raise $1.3 billion for new EV Company: Report

Besides hiving off stake in its EV business, the Mahindra Group is also “engaged” with large global private equity (PE), ESG-focused funds, and sovereign funds for long-term investment in its EV business.

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Discussion at Tata Group on to engage Rajesh Gopinathan beyond September 15

Tata Sons and IT behemoth Tata Consultancy Services declined to comment on the development.

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Bharti Airtel rolls out family plans starting Rs 599 to increase postpaid user base

The new family plans uploaded on the company website are in the range of Rs 599 to Rs 1,499 per month, while Black family plans, that bundles DTH and fixed broadband service, are in the range of Rs 799 to Rs 2,299 per month.

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