DSIJ Mindshare

On Wednesday, Jindal Stainless (Hisar) Limited (JSHL) announced the commissioning of the 26,000 tons per annum (TPA) capacity Precision Strip Mill as part of the first phase of its latest brownfield expansion plan at its state-of-the-art Specialty Products Division (SPD). This takes the total precision strip production capacity to 48,000 TPA from the existing 22,000 TPA. 

Aligned to its aggressive growth strategy in the scooter segment, Hero MotoCorp the world’s largest manufacturer of motorcycles and scooters, today launched a new scooter - the new Pleasure+ ‘Xtec - adding to the iconic Pleasure brand. 

Two and three-wheeler maker, TVS Motors announced an advanced range of TVS Apache RTR 160 4V series of motorcycles, broadening its TVS Apache series portfolio ahead of the festive season. 

Shares of IT services provider Persistent Systems were trading higher by 4 per cent intraday on Wednesday after the company entered into an agreement to acquire US-based Software Corporation International (SCI) and its affiliate, Fusion360, and the business of East Brunswick, New Jersey-based Shree Partners including its subsidiary in India. 

Home appliance major, Whirlpool of India Limited has entered into a share purchase agreement with kitchen appliance maker; Elica PB India to acquire an additional stake in the company for US$ 57 million (around Rs 420 crore).