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BS Reporter

Page 85 - Bs Reporter%c2%a0

Pure EV plans Rs 400 cr unit, in talks with Tamil Nadu, Karnataka, others

At present, it has a manufacturing capacity of around 50,000 units. The company sold around 12,800 vehicles in 2024 and expects this to reach 25,000 units in calendar year (CY) 2025

Pure EV plans Rs 400 cr unit, in talks with Tamil Nadu, Karnataka, others
Updated On : 24 Jan 2025 | 10:38 PM IST

PC Jeweller settles Sebi case for Rs 7.23 crore over LODR violations

Sebi had issued a show-cause notice to the company in February 2024 for allegations of non-disclosure or delayed disclosure of defaults on loans

PC Jeweller settles Sebi case for Rs 7.23 crore over LODR violations
Updated On : 24 Jan 2025 | 6:27 PM IST

Shriram Finance Q3 results: Net profit up 73% at Rs 3,248.64 crore

By December 31 last year, the company's total assets under management increased by 19 per cent to Rs 2,54,469.69 crore

Shriram Finance Q3 results: Net profit up 73% at Rs 3,248.64 crore
Updated On : 24 Jan 2025 | 6:17 PM IST

IMQ Group sets up JV in India to test medical devices, electrical products

European conformity assessment firm says it will bring in 'rigorous quality and safety standards'

IMQ Group sets up JV in India to test medical devices, electrical products
Updated On : 24 Jan 2025 | 2:58 PM IST

Hindustan Zinc shares up 13% in two weeks, rally likely to continue

Company's cost-saving measures and debt reduction expected to boost company's margin

Hindustan Zinc shares up 13% in two weeks, rally likely to continue
Updated On : 24 Jan 2025 | 1:26 PM IST

Budget 2025-26: Invest in AI education, upskilling, private sector ties

An AI regulation gives comfort around privacy, permissible purpose, ethical and secure AI, said Rajnil Mallik, Partner & Gen AI GTM Leader, PwC India

Budget 2025-26: Invest in AI education, upskilling, private sector ties
Updated On : 23 Jan 2025 | 11:57 PM IST

Spandana Sphoorty Financial reports Rs 440 crore loss in Q3 FY25

Foots Rs 666 crore impairment cost bill as NPAs swell; to raise up to Rs 750 crore capital

Spandana Sphoorty Financial reports Rs 440 crore loss in Q3 FY25
Updated On : 23 Jan 2025 | 11:27 PM IST

Markets gain for second day; Sensex rises 115 points, Nifty ends at 23,205

Most of the IT stocks that climbed on Thursday were outside the benchmark Sensex or the Nifty

Markets gain for second day; Sensex rises 115 points, Nifty ends at 23,205
Updated On : 23 Jan 2025 | 11:21 PM IST

Amazon Web Services to invest $8.3 bn in Cloud infra in Maharashtra

Plan will create more than 81,000 jobs and contribute $15.3 bn to India's economy by 2030, says company

Amazon Web Services to invest $8.3 bn in Cloud infra in Maharashtra
Updated On : 23 Jan 2025 | 11:20 PM IST

Kotak Bank acquires StanChart's Rs 3,330 crore personal loan portfolio

Open to buy loan pools that meet risk-adjusted return norms

Kotak Bank acquires StanChart's Rs 3,330 crore personal loan portfolio
Updated On : 23 Jan 2025 | 11:19 PM IST

Stress continues to build up in fintech lending with PAR on the rise

The Reserve Bank of India's December 2024 Financial Stability Report states that household debt is on a rising trend

Stress continues to build up in fintech lending with PAR on the rise
Updated On : 23 Jan 2025 | 9:55 PM IST

Reliance Consumer Products acquires SIL brand to revitalise heritage foods

SIL Foods is expected to benefit from RCPL's infrastructure and pan-India presence

Reliance Consumer Products acquires SIL brand to revitalise heritage foods
Updated On : 23 Jan 2025 | 12:03 AM IST

Union Budget 2025-26: Here are the key challenges in retail sector

Industry demands measures to boost consumption via direct tax benefits, higher outlay on PM KISAN, MGNREGA along with increase in daily wage rates under MGNREGA

Union Budget 2025-26: Here are the key challenges in retail sector
Updated On : 22 Jan 2025 | 11:51 PM IST

HDFC Bank Q3 results: Net profit rises 2% to Rs 16,736 cr, NII up 7.7%

Net interest margin was 3.43 per cent for the third quarter of the financial year, flat as compared to the same period last year but lower than 3.5 per cent of Q2

HDFC Bank Q3 results: Net profit rises 2% to Rs 16,736 cr, NII up 7.7%
Updated On : 22 Jan 2025 | 11:51 PM IST

Kirloskar Brothers Ltd wins interim relief in trademark dispute with KPL

During the pendency of the suit, Kirloskar Proprietary sought to withdraw the communications and claimed to have reinstated the trademark licence/user rights granted to Kirloskar Brothers

Kirloskar Brothers Ltd wins interim relief in trademark dispute with KPL
Updated On : 22 Jan 2025 | 10:03 PM IST

HUL scoops out its ice cream biz, to turn it into a listed entity

Board of directors approve demerger of its ice cream business

HUL scoops out its ice cream biz, to turn it into a listed entity
Updated On : 22 Jan 2025 | 8:11 PM IST

Union Budget 2025-26: Here are the key challenges in health care sector

Low health care expenditure at about 2.1 per cent of GDP for FY23, compared to both developing and developed nations

Union Budget 2025-26: Here are the key challenges in health care sector
Updated On : 21 Jan 2025 | 11:11 PM IST

Aditya Birla Fashion and Retail completes fundraise of Rs 1,860 cr via QIP

The company added that the successful fundraise reflects investor confidence in the high-growth potential of India's fashion industry and its position as a leading player in the market

Aditya Birla Fashion and Retail completes fundraise of Rs 1,860 cr via QIP
Updated On : 21 Jan 2025 | 10:17 PM IST

Ceat Chennai unit enters elite league of WEF's Lighthouse Network

At the Chennai unit, the deployment of advanced analytics and real-time monitoring systems has resulted in a reduction of cycle times by 18% and operational costs by 31%

Ceat Chennai unit enters elite league of WEF's Lighthouse Network
Updated On : 21 Jan 2025 | 7:27 PM IST

South Indian Bank posts highest-ever quarterly profit of Rs 342 crore in Q3

The bank's operating profit in Q3FY25 was up by 9.4 per cent at Rs 528.84 crore, as against Rs 341.87 crore in the third quarter of the previous financial year

South Indian Bank posts highest-ever quarterly profit of Rs 342 crore in Q3
Updated On : 21 Jan 2025 | 6:25 PM IST