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  1. Business News Highlights: Suzlon bags 1,166 MW wind energy order from NTPC Green Energy

Business News Highlights: Suzlon bags 1,166 MW wind energy order from NTPC Green Energy

Upstox

5 mins read | Updated on September 09, 2024, 17:47 IST

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SUMMARY

Stay tuned for live updates on the latest business news, trends, and breaking developments on September 9, 2024.

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  1. India, Japan agree to promote financial cooperation and strengthen bilateral ties

    India and Japan have agreed to promote financial cooperation and strengthen bilateral relations at the second India-Japan Finance Dialogue in Tokyo, a finance ministry statement said.

    The participants exchanged their views on the macroeconomic situation in both countries.

    "They discussed cooperation in third countries, bilateral cooperation, and international issues. The participants also shared views on financial sector issues, including regulation and supervision, financial digitalisation, as well as other policy initiatives in both countries," it said.

    September 09, 2024, 16:28 PM

  2. Daewoo enters home appliances segment to expand share in Indian market

    Korean brand Daewoo on Monday announced its foray into the kitchen and home appliances segment in India as it looks to capture a larger share of the growing Indian market.

    The company, which entered the domestic market last year, offers a range of LED TVs, IFP LEDTVs, Alkaline and battery inverters.

    It said that the company's entry into India has been met with overwhelming success, prompting the brand to accelerate journey in the domestic market and expand its product portfolio with smart kitchen and home appliances.

    September 09, 2024, 16:27 PM

  3. Imperative to develop robust local ecosystem for electronics production: Maruti Suzuki

    The automotive industry needs to become self-reliant in production of electronic parts, especially semiconductors, in order to curtail dependence on costly imports and maintain affordability for products on sale, Maruti Suzuki India MD and CEO Hisashi Takeuchi said on Monday.

    Speaking at the 64th annual ACMA session here, he noted that the automotive industry is undergoing a transformative shift driven by increasing demand for comfort, convenience, safety and adherence to evolving regulations.

    September 09, 2024, 15:33 PM

  4. Arnya Realestates Fund Advisors raises ₹375 crore in maiden debt fund for housing projects

    Arnya Realestates Fund Advisors, an alternative investment management firm, has raised ₹375 crore in its maiden debt fund from investors.

    In a statement, the company said on Monday that it has closed the first round of its 'Arnya Real Estate Fund - Debt'.

    The maiden fund, launched in April 2024, aims for a total corpus of ₹1,000 crore, with an additional green shoe option of ₹1,000 crore.

    September 09, 2024, 15:30 PM

  5. JSW Infrastructure approves capex of ₹2,359 crore for capacity expansion

    JSW Group firm JSW Infrastructure Limited on Monday said it has approved a capex of ₹2,359 crore for the capacity expansion at its Jaigarh and Dharamtar Port.

    As a part of the company's FY2030 growth plan to increase capacity to 400 million tonnes per annum (MTPA) from the existing capacity of 170 MTPA, the Board of the respective subsidiary companies has approved a total capacity expansion plan of 36 MTPA (21 MTPA at Dharamtar and 15 MTPA at Jaigarh), a statement said.

    September 09, 2024, 16:31 PM