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TVS Motor picks up minority stake in IoT firm Altizon, invests over $2.5-mn

Altizon helps companies use machine data to drive business decisions

Cholamandalam Investment and Finance net profit up by 2.3%

The total income grew by 29.5 per cent to Rs 1885.34 crore

Carr Lane enters into JV with Chennai firm to produce aerospace components

The new 70:30 JV will start commercial production within three months

SBI General's profit before tax rises 11% to Rs 470 crore in Q4

A senior SBI executive also confirmed that groundwork is being done for taking company public in Q3 and Q4 of FY20

Hero MotoCorp Q4 net profit tanks 24% to Rs 730 crore on weak sales

Hero sold 1.781 million units in January-March quarter 2019, lower from 2 million units sold in corresponding period last financial year

LVB to raise Rs 188 crore from Indiabulls Housing Finance

Shareholders of LVB will get 14 shares of IBHF for every 100 equity shares held in the bank during the merger between the Bank and IHFL

Dr Reddy's recalls anti-seizure drug in the US market

According to information posted on the US Food and Drug Administration(USFDA), the company initiated a voluntary recall of Divalproex 100-count and 500-count bottles, totaling 33,958 bottles on April

Piramal in talks to sell stake in Shriram group companies: Report

The news reports of the proposed sale comes at a time when Shriram Transport failed to get any lenders in the syndication for its bond issue last week

Brookfield eyes majority stake in Mytrah Energy in deal valued at $1.5 bn

Mytrah has a portfolio of 1.6 Gw in renewable energy assets across India, seeks investor to repay Rs 1,800 cr loan taken from Piramal Group in Sept 2017 to buy out its PE investors

TCS modernises 150,000 post offices under multi-year deal with India Post

The solution is built to cater to the department's immense scale, and future needs

More upside in markets if poll results in line with expectations: CLSA

Benchmark indices have rebounded 11 per cent from 2019 lows to scale new lifetime highs on the back of $9 billion of foreign inflows

Neogen Chemicals IPO to open on April 24; aims to raise Rs 70 crore

The IPO also comprises of secondary share sale worth Rs 69 crore by the promoter group

Real estate firm owner comes to Jet employees rescue, offers jobs

I owe my handsomeness to Jet Airways, the owner of the real estate firm said in a Facebook post

Deutsche Bank appoints Kaushik Shaparia as CEO to succeed Ravneet Gill

Shaparia's appointment will be effective from May 2019

Pennar Industries to nearly triple hydraulic cylinder production capacity

The company is building a new plant that will be equipped to produce 150,000 cylinders a year, with scope to expand up to 200,000 units as demand increases

RCom arm got huge tax waiver from France after Rafale deal: Report

RCom denies favouritism, says 10-yr-old case was settled under French law

Travel community platform Tripoto raises Rs 25 crore from VCs

Video content and holiday marketplace have been the fastest growing verticals for Tripoto in the past 12 months

Angel investors back Delhi-based heathcare service provider Digilooks

Digilooks, founded by Sushant Sharma, in April 2018, currently has operations in Delhi NCR, Jammu and Meerut

Reliance Jio brings current affairs, news offerings on single platform

JioNews is a consoli­dated offering of JioXpressNews, JioMags and JioNewsPaper with additional offering of Live TV and videos

Sebi issues guidelines for boosting risk management in the MF industry

Sebi has directed asset management companies (AMCs) to constitute a technology committee to review the cyber security and resilience framework of the MF industry