09-08-2022 09:48 AM | Source: ARETE Securities Ltd
Key Stock News: JSW Group , Aditya Birla Fashion and Retail Limited , Bharat Biotech , Adani group - ARETE Securities
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Key News

Adani to build 3 giga factories in India as part of $70 bn green investment

Asia's richest man Gautam Adani on Wednesday said his ports-to-power conglomerate will build three giga factories for manufacturing solar modules, wind turbines, and hydrogen electrolyzers as part of a USD 70 billion investment in clean energy by 2030.

Adani group is stepping up investments across the green energy value chain as it aims to become the world's top renewable energy producer by 2030.

Bharat Biotech awaits booster dose nod for intranasal vaccine iNCOVACC

Bharat Biotech’s intranasal vaccine iNCOVACC has got the Indian regulator’s approval, but there is still some way before one can actually take it

With almost all the eligible population having taken at least a single shot of a Covid-19 vaccine, the company has no potential market for iNCOVACC as a primary two-dose regimen. The company is waiting for approval for administering the vaccine as a booster shot after Covishield and Covaxin.

iPhone 14 to AirPods Pro 2: Everything Apple announced at 'Far Out' event

Apple Inc announced new products and services at its ‘Far Out’ event on September 7. The American technology giant unveiled iPhone 14 series in two different lines -- the iPhone 14 and iPhone 14 Plus in the regular line, and the iPhone 14 Pro and iPhone 14 Pro Max in the Pro line. It upgraded its Watch Series with the Watch Series 8, refreshed the Watch SE and introduced an all-new rugged smartwatch called Watch Ultra. Alongside, Apple announced the second-gen AirPods Pro with improved battery, charging case with speaker and wireless charging, and two times more effective active noise cancellation

ABFRL gets Sebi exemption in Rs 2,195-crore investment by Caladium

Aditya Birla Fashion and Retail Limited (ABFRL) on Wednesday said market regulator SEBI has granted it exemption over lisiting of shares worth Rs 2,195 crore alloted to Caladium Investment Pte Ltd, a foreign portfolio investor.

Based on the in-principle approval received from the stock exchanges, the Aditya Birla Group firm had made an application to the stock exchanges who approached SEBI and sought an exemption under Rule 19(7) of the SCRR from Rule 19(2)(b), in relation to the proposed listing of warrants pursuant to the preferential issue of the Company.

Mindtree planning to set up development centre in Kolkata, says CEO

Mindtree, a Larsen & Toubro Group company, is planning to set up a development centre in Kolkata, which could create employment opportunities for 15,000-20,000 people in the next four-five years, a company official said here on Wednesday

The IT services firm has already onboarded 1,700 people in its existing facility in the West Bengal capital so far, he said.

JSW sets ambitious goals for e-commerce business, eyes $20-bn GMV by FY32

Sajjan Jindal-controlled JSW Group is looking to build JSW One Platforms into an e-commerce behemoth for the building materials industry with a targeted gross merchandise value (GMV) of $20 billion by FY32. Launched as an e-commerce foray of the group in December 2021, JSW One Platforms is an additional distribution channel for its steel, cement and paints businesses

 

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