Business news

Nestle India: Nestle is planning to invest Rs 5,000 cr in India by 2025.

Mahindra & Mahindra: Mahindra Group and British International Investment have committed over Rs 4,000 cr capital for the electric sports utility vehicle space, as per a media report.

Reliance Industries: Reliance New Energy will acquire a 20% stake in US-based Caelux for $12 million.

Welspun Corp: emerged as the winning bidder of the Dahej shipyard of ABG Shipyard.

Coal India: will sign agreements with BHEL, Indian Oil, and GAIL (India) to set up 4 surface gasification projects.

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