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Ashok Leyland posts Rs 199 crore net profit in Q2, revenue up 85% YoY

The company has also achieved a market share of 32 per cent in Q2FY23

Shriram Group merger gets NCLT nod; new entity to take birth by Nov-end

The group is preparing to announce the birth of the new entity called Shriram Finance by the third week of November

Eicher Motors Q2 results: Net profit rises 76% to Rs 657 cr, revenue up 56%

Eicher Motors recorded a 56 per cent increase in revenue from operations at Rs 3,519 crore

Dhanlaxmi appoints 3 new directors in board, paves the way for rights issue

The bank management and shareholders have reached compromise formulae on the issue of appointing the latter's representatives as directors on the bank's board

Amazon, TVS Motor announce arrangement to scale up EV deployment

Companies will examine using electric vehicle for the network and logistical requirements of Amazon business groups

Going forward, IOB will be posting very good results: MD & CEO Sengupta

'It has been in the range of 20-30 per cent in almost every quarter'

Gujarat and Rajasthan are Corporate India's investment lodestone

Gujarat tops with Rs 4 tn in fresh investments, Rajasthan is second with Rs 2.37 tn investments in FY22

Auto sales up 48% in Oct; all vehicle segments gain in festive season: FADA

Two-wheeler segment up 51%; high demand continues for SUVs and premium cars

Reliance Retail to buy 49% in Naturals Salon by first half of Q4: sources

Through funds raised from the deal, Naturals is planning to expand its footprint across the country. It currently runs 700 salons in 20 states and is planning to increase that to 3,000 by 2025

I am not in the race for market share, says SGIC's Anil Kumar Aggarwal

"The main focus for the coming years will include the recruitment of the manpower and opening of branches," said Aggarwal

India's electric two-wheeler market may miss 1-million unit target

Supply-side glitches, impending govt regulations, fires, and delay in FAME II subsidy handout have forced start-ups to mothball ramp-up plans

Switch Mobility aims to be in EV markets around the globe: CEO

Markets will come back after geopolitical turbulence and each company will have to make its own strategy, says Mahesh Babu

Vehicle finance sector to return to pre-Covid level by Q2 next fiscal: CIFC

Murugappa group's financial services unit says bad loans are down and it expects AUM to grow 25% this financial year

Chennai, SRM College set to host Elon Musk's chosen man Sriram Krishnan

Krishnan, who is also a former Twitter employee, is expected to guide Musk in his ambitious plan to monetise the social media giant

IIT Madras funding, revenue up Rs 1,000 crore for first time in FY

Premier engineering college clocks highest number of job offers received during campus placements in academic year

Commercial vehicles on recovery track, to touch FY19 peak next fiscal: VECV

Commercial vehicles (having more than 3.5 tonnes capacity) had dropped from the 2018-19 peak to 2,34,299 vehicles in 2020-21 and had increased to 3,43,199 units in 2021-22

India Cements looks to fortify base but future growth remains a question

ICL's challenges come at a time when the cement industry in India is under pressure owing to a sharp rise in raw material prices leading to a lower capacity utilisation of around 64%

Kerala govt to meet Byju's executives on Nov 2 as 170 staff asked to resign

A meeting was called by the officials of the labour department on October 25, but the company did not appear for meeting

SC order puts 'charity' in charitable education institutes back in focus

Possible loss of tax exemption for educational institutions that are making profits puts the question of charity back in focus

Tamilnad Mercantile Bank's Q2 net rises 37.15% to Rs 262.3 crore

TMB's NII was up 15.6 per cent YoY in Q2FY23 at Rs 508.16 crore