Prior to joining Welspun World, Kumar served as Group President & Chief Financial Officer at Ola, Bangalore
The founder of the Indian multinational Welspun World said that it is poised for the next phase of expansion, but added that it will not be at the cost of stability
The companies said the MoU, inked at Vibrant Gujarat Global Summit 2024, would also explore collaboration in joint production and off-take arrangements for the green molecules to be developed at the facilities.
Welspun One Logistics Parks Fund I has a target size of Rs 500 crore with a tenure of four years and a hurdle rate of 15 percent. It has a significant commitment from the Welspun promoter family office of Rs 75 crore.
Jayesh Ranjan, principal secretary, Telangana IT and Industries, said these parks, to be set up separately by th firms, have attracted the attention of some major global and domestic logistics players.
SPACES-Home & Beyond is the premium bed, bath and co-ordinates brand from the house of Welspun. This year, SPACES-Home & Beyond presented the ...
The company expects the higher growth will again be driven by the US market as it plans to increase its focus in the world's largest textiles market further.
Adani Power today said it is in talks with Welspun Group for buying ready to build coal-fired power plants.
Welspun Corp, which is the flagship arm of the USD 3 billion Welspun Group making steel pipes for the oil and gas sector, will hold 51 percent in the joint venture while the Malaysian partner Wasco, which is a fully-owned subsidiary of WahSeong Corporation, will own the rest, Welspun Group said in a statement.
Welspun Projects Ltd (WPL), formerly known as MSK Projects (India) Ltd and part of the Welspun Group, is into engineering, procurement and construction (EPC) projects across sectors like roads, water and industrial structures.
Welspun Corporation, a large diameter pipe manufacturer, today said it has bagged orders worth Rs 1,738 crore from overseas and domestic markets
Welspun Group, the country's largest solar power developer, has won a contract for the USD 225 million solar photovoltaic project in Madhya Pradesh, a top company official said today.
Akhil Jindal, Director of Welspun Group denies the ban to raise money from the capital market. The net debt is currently at Rs 2,500 crore against their networth of Rs 5,000 crore. They aim to bring it down to below Rs 1,000 crore in 3 years which is at .23 of debt equity levels and that is quite comfortable.
Akhil Jindal, director of Welspun Group joins CNBC-TV18 to talk about the company’s Q2 FY12 results and plans going forward.
Welspun Group will be recieving capital infusion of USD 500 million from PE Apollo Global Management to expand its presence in the global oil and gas pipe market.
2010, which made up a big portion of FY11, was the year of the tiger. And the taxman has not only shown his claws and fangs, he's used them to good effect. CNBC-TV18's Ashwin Mohan reports.
The taxman's sleuths have hit a jackpot of sorts having pocketed more than Rs 1,700 crore in raid operations from India Inc in FY10-11. With three months left in the financial year, this amount has already exceeded last year's total kitty.