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
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
By December 31 last year, the company's total assets under management increased by 19 per cent to Rs 2,54,469.69 crore
European conformity assessment firm says it will bring in 'rigorous quality and safety standards'
Company's cost-saving measures and debt reduction expected to boost company's margin
An AI regulation gives comfort around privacy, permissible purpose, ethical and secure AI, said Rajnil Mallik, Partner & Gen AI GTM Leader, PwC India
Foots Rs 666 crore impairment cost bill as NPAs swell; to raise up to Rs 750 crore capital
Most of the IT stocks that climbed on Thursday were outside the benchmark Sensex or the Nifty
Plan will create more than 81,000 jobs and contribute $15.3 bn to India's economy by 2030, says company
Open to buy loan pools that meet risk-adjusted return norms
The Reserve Bank of India's December 2024 Financial Stability Report states that household debt is on a rising trend
SIL Foods is expected to benefit from RCPL's infrastructure and pan-India presence
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
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
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
Board of directors approve demerger of its ice cream business
Low health care expenditure at about 2.1 per cent of GDP for FY23, compared to both developing and developed nations
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
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%
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