News in Brief

Dutch foldable solar panel-maker HyET Solar BV seeks to “Make In India” and is eyeing partnerships with existing solar panel makers and a polymer-maker, said Pieter Veltman, commercial director of [...]

BASF SE, the world’s largest chemical producer, will set up a petrochemical production hub at a cost of $2.25 billion (Rs 16,000 crore) in Gujarat in a joint venture (JV) [...]

Hero Future Energies Pvt. Ltd is in talks to acquire Fotowatio Renewable Ventures’s 135 megawatt (MW) solar power project in India. Owned by Abdul Latif Jameel Energy and Environmental Services, [...]

Aurobindo Pharma has entered into a definitive agreement to acquire a portfolio of seven branded oncology injectable products from the US-based Spectrum Pharmaceuticals Inc for $300 million. Acrotech Biopharma LLC, [...]

United Arab Emirates and Saudi Arabia have decided to make India as a base for food security for the countries and plan to invest in both organic and food processing [...]

Chennai-based TAKE Solutions Ltd, a business technology company focused on life sciences and supply chain management, has agreed to acquire two US-based companies operating in the life sciences space, it [...]

Singapore-based CapitaLand Ltd said it has agreed to acquire Ascendas-Singbridge Group’s stake in two of Ascendas-Singbridge’s subsidiaries, in a cash-and-stock deal worth $8 billion (S$11 billion). The transaction, subject to [...]

Tanzania said Bharti Airtel has agreed to transfer a part of its stake in Airtel Tanzania to the local government, raising the East African nation's holding to 49 per cent, [...]

State-run Bharat Petroleum Corp. Ltd (BPCL) has hit the international bond market to raise as much as $500 million. BPCL, India’s second largest refiner and fuel retailer, will raise capital [...]

India plans to achieve electric mobility by 2030 and welcomes Chinese industries participation and investment in the expansion of Indian Electric Vehicles (EV) Market, NITI Aayog Principal Advisor Anil Srivastava [...]