Contract includes the purchase of more than 500 million litres per year from 2024, helping to meet global demand for cleaner energy
The biorefinery will be a highly advanced recycling facility with capacity to process 110,000 tons of CTO for use in a wide range of industrial applications
Through the collaboration, the companies will work together on opportunities to reduce carbon emissions in the aviation sector and contribute to the development of a sustainable aviation fuel industry in Australia
This new program will replace the existing US$6 billion share repurchase program that was authorized on January 22, 2019 and expires on February 1, 2021.
Post approval under the PLI scheme, Aurobindo will become a very large player in anti-biotic space.
Dr Christiane Hamacher, has stepped down as the MD of Biocon Biologics and will be succeeded by Dr Arun Chandavarkar.
Grasim intends to leverage the well-established Birla White brand and large network of white cement/putty dealers of its subsidiary UltraTech Cement .
All business segments have returned to normalcy post the pandemic, and are performing well.
The company has appointed Ashok Kumar Vashisht as Chief Financial Officer with effect from January 27, 2021
The company has posted net profit of Rs. 11.35 crore for the period ended December 31, 2020.
The company has reported a total income of Rs. 127.11 crore during the period ended December 31, 2020.
The specialty intermediate plant shall reduce dependency on Chinese supplies and shall make the company self-reliant on several raw materials requirements.
The funds raised through this issue will be utilized for refinancing of existing borrowing and/or funding of capital expenditure of the company.
The company posted net profit of Rs. 48.30 crore for the period ended December 31, 2020.
The company has posted net loss of Rs. 546.41 crore for the period ended December 31, 2020.
NFIL has reported a total income of Rs. 898.71 crore during the 9 months period ended December 31, 2020 .
EBITDA at Rs. 34 crore as against Rs. 30.1 crore, up by 13% and PAT stood at Rs. 21.6 crore as against Rs. 18.3 crore, higher by 18%.
The companies also agree to establish a $1 billion maximum escrow account to address potential future PFAS liabilities.
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The project will examine the technical viability, economic cost and feasibility of capturing CO2
The company remains confident of achieving >25% revenue growth in specialty chemicals in FY21
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