Sundaram-Clayton Limited (SCL), the flagship company of the $8.5 billion TVS Group, announced that its Chief Financial Officer (CFO) Ajay Kumar has resigned from his position. His resignation will be effective from August 31, 2025. This leadership transition comes as SCL intensifies its strategic realignment to navigate macroeconomic challenges, evolving automotive technology, and global expansion…

In a significant leadership transition at the world’s most valuable technology company, Apple has appointed Indian-origin Sabih Khan as its new Chief Operating Officer (COO). The announcement came as Apple continues to deepen its operational resilience, manufacturing diversification, and sustainability goals under CEO Tim Cook’s strategic vision. Who Is Sabih Khan? Sabih Khan, born in…

In a significant boost to its thermal power portfolio, Adani Power Ltd (APL) has successfully acquired the 600-megawatt Vidarbha Industries Power Ltd (VIPL) thermal power plant in Maharashtra for an estimated Rs 4,000 crore. The acquisition, executed through a resolution plan approved by the National Company Law Tribunal (NCLT), strengthens Adani Power’s operational footprint in…

Mumbai, July 7, 2025:In a major strategic move aimed at consolidating its thermal power portfolio, Adani Power Ltd. (APL) has acquired a coal-fired power plant in Vidarbha, Maharashtra, for Rs 4,000 crore. The acquisition marks another milestone in Adani Power’s aggressive expansion strategy in the Indian energy sector. The deal, finalised earlier this week, involves…

Kolkata, July 7, 2025:Leading battery and energy storage solutions major Exide Industries Ltd has filed its quarterly share dematerialization compliance certificate with the exchanges for Q1 FY26, reaffirming its commitment to regulatory adherence and transparency towards shareholders. What is the compliance certificate? Under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, listed companies must…