JK Tyre & Industries looking to invest Rs 1400 crore in next two years

JK Tyre & Industries looking to invest Rs 1400 crore in next two years

JK Tyre & Industries is looking at investing Rs 1400 crore over the next two years to expand capacity to meet demand for truck, bus and passenger car radial in the local market. Anshuman Singhania, Managing Director at JK Tyre & Industries told ET, the company is utilising 85% of available capacity and will be … Read more

Bharat Mobility Show: Force Motors to invest Rs 2000 crore in 2 years to 2025

Bharat Mobility Show: Force Motors to invest Rs 2000 crore in 2 years to 2025

Pune-based Force Motors has firmed up plans to invest Rs 2000 crore over the next two years to enhance manufacturing capacity, digitalise operations, improve engines and step up research and development (R&D) in alternate fuel technologies to expand its footprint in the Indian market. Prasan Firodia, Managing Director, Force Motors said, “Between vehicle manufacturing and … Read more

pakistan rupee: Demonetisation in cash-strapped Pakistan? State Bank of Pakistan to release new notes

pakistan rupee: Demonetisation in cash-strapped Pakistan? State Bank of Pakistan to release new notes

In a bid to combat the issue of fake notes, Pakistan’s central bank has announced its intention to introduce new currency notes equipped with advanced security features. Governor Jameel Ahmed of the State Bank of Pakistan shared that these notes will incorporate international best practices in security, featuring distinct security numbers and updated designs to … Read more

equity market: All in a year: Equity market investors turn richer by Rs 80.62 lakh crore in 2023

equity market: All in a year: Equity market investors turn richer by Rs 80.62 lakh crore in 2023

In a memorable year for the equity market, Dalal Street investors added a whopping Rs 80.62 lakh crore to their wealth in 2023 as a raft of positive factors powered a stellar rally in stocks. Experts said India’s strong macroeconomic fundamentals, political stability owing to the BJP’s success in recent elections in three significant states, … Read more