Hindalco’s ₹45,000 Crore Investment Plan
Aditya Birla Group Chairman Kumar Mangalam Birla announced Hindalco’s future investment plans. The company will invest ₹45,000 crore in aluminum, copper, and specialty alumina businesses. He emphasized Hindalco’s role as the country’s largest aluminum producer and its commitment to positive societal contributions.
TVS Motor Company Declares Interim Dividend
TVS Motor Company announced an interim dividend of ₹10 per share (1000%). The total payout amounts to ₹475 crore. This dividend applies to the financial year ending on March 31, 2025. The board of directors has approved this proposal.
Zomato Renamed as Eternal Limited
Online food delivery company Zomato has announced its name change. The Ministry of Corporate Affairs (MCA) has approved this change. Effective March 20, 2025, Zomato Limited will be known as Eternal Limited.
TCS Partners with Cumberland Building Society
India’s largest IT services company, TCS, has partnered with the UK-based Cumberland Building Society. This collaboration aims to modernize core banking operations. TCS will implement its proprietary BaNCS core banking solution. This transformation will enhance customer experience, mortgage services, and operational resilience.
Piramal Pharma Gets Approval for New Drug
Piramal Pharma’s unit, Piramal Critical Care (PCC), and BrePco Biopharma Ltd (BPCO) have received approval from the UK Medicines and Healthcare Products Regulatory Agency (MHRA). Their new drug, Naeoatricon, is the first pediatric-strength dopamine hydrochloride infusion for treating hypotension in neonates, infants, and children.
