By 5paisa 19 Feb 2025
Tata Steel gets approval for a state-of-the-art Electric Arc Furnace (EAF) at its Port Talbot site. Backed by a £500 million UK Government investment, the project aims to cut CO₂ emissions by 90% and secure 5,000 jobs.
Aurobindo Pharma successfully completes US FDA pre-approval inspection at its Eugia Steriles facility in Andhra Pradesh. The clearance strengthens its regulatory compliance for the US market.
Vedanta secures 83% creditor approval for its demerger plan, surpassing the required threshold. The restructuring will split the company into five independent entities, creating new growth opportunities.
NTPC announces an additional interim dividend of ₹2,424 crore, bringing its total FY25 payout to ₹4,848 crore. With final FY24 dividends, total disbursement now stands at ₹8,000 crore.
L&T acquires the remaining 26% stake in LTSSHF from NPCIL for ₹170 crore, making it a wholly owned subsidiary. The move enhances L&T’s manufacturing capabilities and sector diversification.
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