Weekly Flashback: Top News That You Might Have Missed

Published : 03 November 2023

By : Sachin Gupta

JK Tyre & Industries to expand production capacity

JK Tyre & Industries plans to invest Rs 1025 crore in order to increase production capacity by a fifth in order to satisfy the growing demand for tires in the local auto industry. 

Kotak Mahindra Bank to sell 51% stake in Kotak General Insurance to Zurich Insurance

Kotak Mahindra Bank will sell  Kotak Mahindra General Insurance Company's majority stake of about 51% in its subsidiary to Zurich Insurance Company for Rs 4,051 crore. 

L&T bags offshore project worth Rs 15,000 cr in Middle East

Larsen & Toubro's (L&T) hydrocarbon business stated that it has won an offshore project in the Middle East for a gas compression plant worth over Rs 15,000 crore.