Adani Enterprises on Friday announced a 50:50 joint venture with Kowa Holdings Asia for the sales and marketing of green ammonia, green hydrogen and its derivatives produced and supplied by the Adani Group.

The joint venture agreement was signed between Adani Global Pte Ltd, Singapore, which is Adani Enterprises' step-down wholly-owned subsidiary, and Japan's Kowa Holdings. The company did not divulge any further details related to the joint venture, including the agreed territory for the stated sales and marketing.

All 13 people arrested in the ragging-death of a 17-year-old undergraduate student of Jadavpur University were booked under Pocso Act, police said.

The accused were booked under the Protection of Children from Sexual Offences Act, 2012 (Pocso Act) as the boy was allegedly paraded naked on the second floor of the main hostel before he jumped off the balcony on August 9, they said.

Prime Minister Narendra Modi on Saturday expressed grief at the loss of lives in an earthquake in Morocco and said India is ready to offer all possible assistance to it in this difficult time.

A powerful earthquake that struck Morocco late Friday killed at least 296 people, the country's Interior Ministry said.

In a dramatic development, the AP CID police on September 9 arrested Telugu Desam Party national president and former Chief Minister Nara Chandrababu Naidu in Nandyal, 65 km from Kurnool, preceded by a five-hour-long high tension.

In connection with criminal cases over corruption in AP Skill Development Corporation, the police started deploying heavy police forces in several buses from Kurnool, Nandyal, and Anantapur districts from Friday midnight.

Tata Group is set to announce an AI partnership with U.S. chip firm Nvidia, a source with direct knowledge of the matter told Reuters.

An announcement is expected later in the day, the source added.

Foxconn Technology Group is teaming up with STMicroelectronics NV for a bid to build a semiconductor factory in India, seeking state backing to broaden its footprint in the South Asian country.

Taiwan’s Foxconn and Franco-Italian STMicro are applying for state support for a 40-nanometer chip plant, people familiar with the matter said, asking not to be identified as the plan isn’t public. Such mature chips are used in cars, cameras, printers and a wide variety of other machines.

Leaders of the USA, India, Saudi Arabia and the United Arab Emirates are likely to announce a major joint infrastructure deal on Saturday to connect Gulf and Arab countries via a network of railways, US-based news website Axios reported on Thursday, citing sources.

The deal will also connect the rail network to India through shipping lanes from ports in the Gulf region.

Shares of Tejas Networks rallied 4.7 per cent to hit a new high at Rs 935 on the BSE in Friday's trade after the company said it received Rs 750 crore for the BSNL project.

At 09:42 AM, the stock had pared some gains and was up 1.5 per cent at RS 907. The counter saw trades of around 30,000 shares on the BSE as against the two-week average volume of around 72,000 shares. Meanwhile, the S&P BSE Sensex was up 0.3 per cent at 66,471.

India’s HCLTech has signed a multiyear agreement with Siemens AG to provide the German high-tech giant with cloud services and modernise its information technology (IT) systems worldwide.

HCLTech said on Thursday the deal will focus on automating the public cloud environment for Siemens. Financial details of the deal were not disclosed.

Engineering conglomerate Larsen & Toubro (L&T) has secured a multi-billion-dollar contract from Saudi Aramco, according to informed sources. A West Asian business intelligence website estimated the total value of the order at $3.9 billion.

According to MEED (formerly Middle East Economic Digest), L&T is one of the three contractors to win different packages for Saudi Aramco’s $10 billion expansion at its Jafurah unconventional gas production project in Saudi Arabia.

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