Page 16 - Shine Jacob

Companies line up RE projects worth ₹43,358 crore in Andhra Pradesh

Andhra Pradesh cleared Rs 43,358 crore of renewable projects totalling 2,600 MW under its ICE Policy, with major investments from Navayuga, Serentica, Hexa, and Brightfuture

Electric vehicle spark fires up R&D spending by legacy two-wheeler majors

Hero MotoCorp and TVS Motor crossed Rs 1,000 crore in R&D spend for the first time, as legacy OEMs accelerate innovation to compete with new-age EV players

Festival season cheer on hold as auto buyers await GST relief and discounts

Festival offers are already running with benefits between ₹1.5 lakh and ₹2 lakh on some models

SMA, rare disease treatment add to Kerala health model success story

SMA is a rare, inherited genetic disease that affects the motor neurons in the spinal cord, causing progressive muscle weakness and wasting

Leadership transition: Sudarshan Venu takes charge of TVS Motor from Aug 25

Ralf Speth steps down as chairman; firm plans supply-chain diversification for key components

Apollo Hospitals MD Suneeta Reddy sells 1.3% stake via block deal

Promoter group raises Rs 1,489 cr to reduce debt and holdings; doesn't plan further stake reduction

Andhra seals ₹9K cr deal with Maersk arm to develop three state ports

Andhra Pradesh signs a Rs 9,000 crore deal with Maersk subsidiary APM Terminals to modernize the Ramayapatnam, Machilipatnam, and Mulapeta ports, boosting its maritime trade infrastructure.

Suneeta Reddy to sell 1.25% stake in Apollo Hospitals for ₹1,395 crore

Apollo Hospitals MD Suneeta Reddy plans to sell her 1.25% stake worth Rs 1,395 crore through block deals, reducing her holding to 2.11%

Hinduja Group's Ashok Leyland set to rev up West Asia growth plans

Chairman Dheeraj Hinduja told Business Standard that the company is in the final stages of coming up with a new unit in the region

Focus stays on RAM as Indian Bank tilts towards MSMEs: MD & CEO Binod Kumar

he bank's managing director and chief executive officer Binod Kumar shares the impact of the merger on its growth

Ramco Cements eyes Rs 16K cr revenue in 5 years, launches Hard Worker brand

Ramco Cements aims for Rs 16,000 crore revenue in the next five years and launches the "Hard Worker" brand in construction chemicals, with a target to generate Rs 2,000 crore revenue in the segment.

Centre removes cotton import duty till Sept 30 to aid textile sector

The Centre has waived the 11 per cent duty on cotton imports till September 30, providing relief to the textile industry facing higher US tariffs and intense global competition

TN clears design scheme, launches COEs under semiconductor mission

The state will also roll out a workforce development programme to train 1,000 engineering students through top-tier platforms such as the India Semiconductor Workforce Development Programme

Robo-surgeries soar as AI boosts surgical efficiency, diagnostic precision

AI is adding to the efficiency of surgical procedures through predictive analytics, clinical decision support and diagnostic precision

How Trump's tariffs threaten crisis for India's textile, apparel industry

Unless the country can leverage its raw material advantage and new trade deals

Acer eyes No 2 slot in India PC market within three quarters on AI push

Acer aims to overtake Lenovo in India's PC market by FY25-end, banking on AI-powered PCs, retail expansion in smaller towns, and new domestic manufacturing

Ashok Leyland Q1 profit rises 19% on record CV sales, cost control

Ashok Leyland Q1 FY26 profit rose to ₹657.72 crore on record CV volumes, improved market execution and cost discipline, with revenue up 9.5% and exports at an all-time high

Muthoot FinCorp Q1 results: Consolidated net profit dips 34% to ₹200.54 cr

Muthoot FinCorp Q1FY26 profit fell 34% to ₹200.54 crore, but revenue rose 12.83% to Rs 2,260.41 crore and AUM surged 31.85% to Rs 51,867 crore with disbursements up 53.69%

Acer join hands with Plumage Solutions for Puducherry IT hardware unit

The investment is part of Acer India's localisation roadmap, focused on boosting domestic production

TVS Supply Chain bets big on UK-India trade deal; eyes inorganic growth

Chairman R Dinesh says UK-India trade deal positions TVS Supply Chain to support businesses in both markets, while pursuing organic and strategic acquisitions