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Murugappa Group to foray into e-SCV, plans to invest Rs 3,000 crore on EVs

This comes days after TI Clean Mobility signed a definitive agreement to raise Rs 580 crore from private equity firm GEF Capital Partners LLC

Coromandel increases stake in drone company Dhaksha; to invest Rs 150 crore

Coromandel will invest Rs 150 crore through a fresh issue of shares to increase its overall shareholding in Dhaksha to 58 per cent. Dhaksha, incorporated in 2019 and headquartered in Chennai

Lok Sabha polls: In chilli capital, fiery electoral battle on cards

Guntur chilli farmers await sops, Jagan bets on social sector schemes to woo voters

LS polls: Telangana parties' quest to find their political equilibrium

While Congress faces acid test, BJP feels pressure to prove potential, and BRS fights to stay relevant; industry pushes for MSME benefits and GST easing

Auto retail sales up 27% in April, passenger vehicles make record

Two-wheeler segment grows strongest due to 'positive impact' of elections, says FADA

IIT Madras raises Rs 513 cr in funding for FY24, says it's a record

Institute's alumni give Rs 367 crore, a 282% rise compared to FY23

Commercial banks for 1-2% project finance provisioning; RBI proposed 5%

Industry sees short-term pain

There is no impact of elections on the market: Ashok Leyland MD & CEO

Agarwal talks about the company's capex, funding plans in EV arm Switch and growth in bus sales

TI Clean Mobility to raise Rs 580 crore from GEF Capital Partners

TICMPL focuses on creating electric vehicle (EV) native commercial vehicle platforms across three-wheelers, tractors, and small and heavy commercial vehicles

South Indian Bank targets 11-12% deposit growth in FY25: MD & CEO Seshadri

The bank will focus more on growing its retail and micro, small and medium enterprises (MSME) portfolio

The expendables: Is the COO position becoming redundant in India?

The COO position is being reassessed as leadership roles get recalibrated and leaders and boards want to keep their structure flat and nimble to make decisions faster than ever before

Shriram Group in talks with partners for wealth management biz foray

Shriram Finance expects vehicle sales growth to be in single digits during the current financial year, owing to a dip during the election season

Freshworks founder Mathrubootham steps down as CEO, Woodside takes charge

Girish Mathrubootham becomes executive chairman of Nasdaq-listed SaaS firm to focus on 'long-term' vision

UPI transactions dip marginally in April to Rs 19.64 trn; grow Y-o-Y

Fasting, IMPS and Apes transactions decline too in the month

Mubadala, Warburg in talks with Shriram Finance to buy stake in SHFL

Shriram Finance on Tuesday confirmed that it is looking to unlock value in the housing finance arm (SHFL) to secure growth capital.

Rockwell to open new manufacturing unit in Chennai by first half of 2025

The 98,000-square-foot facility-with space for potential expansion-will help Rockwell build a more resilient, agile, and sustainable supply chain in the Asia Pacific region

Apollo Hospitals lines up Rs 3,000 crore investment post Advent deal

Advent and Apollo HealthCo have entered into a deal through which Advent will invest Rs 2,475 crore into Apollo HealthCo

CtrlS Datacenters Ltd to ramp up its capacity to over 1 gigawatt in 4 yrs

The ambitious plan includes expansions in Mumbai, Hyderabad, and Chennai

Shriram Finance Q4 results: Net profit rises 57% to Rs 2,021.28 crore

FY24 profit after tax soars by 23 per cent due to rise in income and improved asset quality

Advent to infuse Rs 2,475 crore into Apollo Hospitals' subsidiary

The merger will happen in a phased manner over the next 24-30 months. The combined entity is expected to deliver Rs 25,000 crore of revenue in three years with 7-8 per cent EBITDA