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Dunzo says will hit profitability in 12 months, has reduced costs

Auditor Deloitte has expressed doubt about on-demand delivery platform's ability to continue as a going concern

Ashok Leyland plans to invest Rs 1,200 crore into Switch Mobility

In September 2023, Switch India launched its state-of-the-art e-LCVs

Moody's upgrades Tata Motors' ratings to Ba3; outlook remains positive

It also upgraded Jaguar Land Rover Automotive Plc's (JLR) CFR to "Ba3" from "B1"

ABB India net profit up 83.7% on back of improved operational performance

New order wins in the quarter ended September 2023 was at Rs 3,004 crore, up 14 per cent from a year ago, with an outstanding order book of Rs 8,008 crore

Insurance ombudsman disposes of 92% of complaints in FY23

The Delhi centre disposed of all the 5,257 complaints it got during the year

Protean eGov IPO booked 24 times, retail portion subscribed nine times

The institutional investor portion of the issue was subscribed 47 times, high networth individual portion 32 times

Amfi announces appointment of Venkat Nageswar Chalasani as new CE

Prior to this role, Chalasani served as the Deputy Managing Director (DMD) at the State Bank of India (SBI), where he spent almost four decades

Regulated entities to follow new IT framework from April 2024: RBI

The framework will specify the roles and responsibilities of the board of Directors, board level Committee and Senior Management

TVS ILP announces strategic partnership with Lingotto via stake sale

Lingotto will get a 21 per cent shareholding in logistics giant that is part of TVS Mobility Group

Honasa Consumer IPO gains 4% on market debut, value hits Rs 10,850 cr

Many on the Street had raised concerns over Honasa's valuation and profitability track record

TVS Supply Chain Solutions posts loss of Rs 22 cr in Q2; revenue down 16%

The company's revenue from operations during the quarter under review was seen at Rs 2,262.9 crore, down 16 per cent compared to Rs 2,680.8 crore during the same period in 2022-23

'Every adult should be able to avail of credit through DPI by 2030'

Aadhaar has enabled every Indian to have a digital identity, DPI would enable every Indian to get on board with digital transactions, said Rajesh Bansal, CEO of RBI

PNB Housing Finance aims expansion in affordable housing, 60 more branches

PNB Housing Finance on Monday inaugurated its first all-women branch in the country

Adani Energy Solutions Q2 results: Net profit rises 33%, revenue up 15.3%

The rise in consolidated revenue, the company said, was on account of newly commissioned transmission lines and other related commissioning

Ashok Leyland delivers AVTR 1922, India's first LNG-powered haulage truck

With this, Ashok Leyland becomes the first Indian Original Equipment Manufacturer (OEM) to unveil an in-house LNG engine compliant with BS VI Stage II emission standards

IIT Madras establishes first international campus in Tanzania's Zanzibar

This historic initiative is being undertaken as part of the Government of India's endeavour to take the top-quality education system of India to international arenas

Sundram Fasteners Q2 results: Net profit rises 14% rise to Rs 133 crore

The consolidated earnings per share for the quarter amounted to Rs 6.28, compared to Rs 5.49 in the corresponding period last year

ESAF SFB IPO subscribed 1.74 times; Upstox settles matter with Sebi

Sebi had issued a showcause notice to the stockbroker in January 2022 for alleged violations of the cyber security and cyber resilience framework

From IRFC to Polycab India, eight stocks move up the ladder to largecap

Shriram Finance, Union Bank of India, Indian Overseas Bank, Rural Electrification and Power Finance are the other stocks in pole position to make it to the large-cap universe

Protean eGov Technologies raises Rs 144 crore from anchor investors

The price band for the IPO is Rs 752-792 per share. Allotment to anchor investors was done at Rs 792 apiece. At the top-end, Protean is valued at around Rs 3,200 crore