1 / 6Religare Enterprises | The company has refuted allegations levelled against its Chairman Rashmi Saluja with regard to excessive remuneration, terming those as "completely false and erroneous". Religare said the performance-linked remuneration was paid to Saluja after approval of the Nomination and Remuneration Committee (NRC), Board, and the shareholders of REL.
2 / 6Tata Power Company | Tata Power Renewable Energy Ltd said it has crossed the 1.4-GW capacity across group captive projects in the last seven months. TPREL is also set to construct a 41-MW captive solar plant for Tata Power’s upcoming 4.3-GW solar cell and module manufacturing facility in Tamil Nadu.
3 / 6Oberoi Realty | Mumbai-based real estate developer announced the launch of Forestville by Oberoi Realty, the first luxury residential project in Kolshet, Thane. Spread across 18 acres, Forestville will consist of five residential towers. The company has launched the first phase of this development comprising three towers.
4 / 6ABB India | Electrification and automation major has formed a strategic partnership with Titagarh Rail Systems to supply propulsion systems for metro rolling stock projects in India. The partnership covers an agreement for Titagarh to purchase ABB propulsion systems, including traction converters, auxiliary converters, traction motors, and TCMS software.
5 / 6Kirloskar Electric | Bengaluru-based company said that it has officially lifted the lockout at its Unit No. 15 located in Bhudihal, Nelamangala taluk. The management announced the end of the lockout, effective November 20, 2023, at 6.30 am, signalling a return to normalcy for the company, Kirloskar Electric Company said in a regulatory filing.
6 / 6CONCOR | Railway PSU has signed an agreement with Indraprastha Gas Ltd to explore the possibility of setting up LNG or LCNG infrastructure at its terminals in Uttar Pradesh and Gujarat. CONCOR and IGL also agree to explore the possibility of transportation of LNG in future through railway rakes from LNG terminals near sea ports like Dahej in Gujarat to the desired locations within India.
