Page 30 - Anjali Singh

Audi India to hike prices by 2% starting June 2024 amid rising input costs

The recent financial year witnessed Audi India retail 7,027 units, marking an overall growth of 33 per cent

Nestle India, Dr Reddy's to form joint venture for nutraceutical brands

This collaboration aims to expand their complementary nutraceutical portfolios in areas like metabolic care, hospital nutrition, general wellness, women's health, and child nutrition

Volume growth, softer commodity prices to drive Q4 margins of auto firms

26% volume growth seen in two-wheelers and 12% in passenger vehicles

Healthcare solution provider Enhanced Innovations launches 'Phloton'

A portable cold chain solution for last-mile vaccine delivery

CNH's India technology centre to be the largest by the end of CY24

The centre, which has a headcount of 700, will touch 1,000 by the end of CY24

Muted exports for auto sector in FY25 amid weak overseas demand: Ind-Ra

A slowdown in demand from both domestic commercial vehicle manufacturers and subdued exports could limit revenue growth to a range of 6-8 per cent year-over-year

24,000 Nm torque, 300 kWh battery: Tresa Motors unveils V0.2 electric truck

Tresa Motors designed the V0.2 with Indian road conditions in mind. The company says the truck is a durable and reliable solution for eco-friendly logistics, particularly e-commerce

Musashi appoints Naoya Nishimura as CEO for India and Africa region

Previously, Naoya Nishimura was the global Chief Research & Development Officer at Musashi

Metastable Materials plans to expand high-yield battery recycling capacity

Founded in October 2021, the company's current manufacturing facility, located in Bangalore, holds a capacity to extract 5 tonnes of materials per day

Health-tech firm Pristyn Care eyes IPO in 3 yrs, to expand market presence

By streamlining costs and maximising efficiency, the company aims to enhance its financial performance while expanding its market presence

BMW Group India begins Q1 2024 with 51% sales growth to 3,680 units

Luxury Class cars also performed well, with a 152 per cent growth for BMW. Models like the 7 Series, X7, and the new XM played a key role in this achievement

Piramal Alternatives invests Rs 110 crore in Biodeal Pharmaceuticals

The funding will be utilised to improve Biodeal's infrastructure and production capacity

Dr Reddy's to market Bayer's second brand of heart failure drug in India

Under the agreement, Dr Reddy's will market Vericiguat under the brand name Gantra

India achieves target to eliminate visceral leishmaniasis 'Kala-Azar'

As per the WHO, in 2020, India accounted for 18 per cent of the global burden of kala-azar

EV push to create more jobs despite disruption to traditional roles: Report

The report also says that Pune, India's auto hub, should take the lead in a smooth transition to electric vehicles for Maharashtra

EV-led delivery service firm Zypp Electric posts 3x revenue growth in FY24

Zypp Electric is now operationally profitable, the company claimed

Yulu partners with Yuva Mobility to launch its e2W service in Indore

Yulu is partnering with local businesses through their Yulu Business Partner (YBP) initiative to expand to other cities

Bharat Biotech, Bilthoven Biologicals collaborate for oral polio vaccines

Bilthoven Biologicals will produce the vaccines for distribution in India and worldwide

AMO Mobility launches a new Jaunty i Pro high-speed electric scooter

Plans to manufacture 30,000 vehicles by FY25

Luxury car maker Audi India reports 33% rise in retail sales in FY24

The luxury car market in India is expected to maintain its growth trajectory, aiming to sell more than 50,000 units in 2024