Page 15 - T E Narasimhan

We have an opportunity to replace China as global AC exporter: Blue Star MD

Blue Star's Managing Director B Thiagarajan spoke to T E Narasimhan on how sales are expected to touch pre-Covid-19 levels during festival time and there are chances it may increase by 10 per cent

TVS Motor clocks Rs 196.41 cr profit in Q2, reports revenue of Rs 4,617 cr

Production and sales improved from July as supply chain was strengthened despite the Covid-19 pandemic, says company.

Cholamandalam Investment net profit rises 41% to Rs 432 crore in Q2

The diversified financial services firm had over 95% of the moratorium customers starting to repay their installments till date

Apollo partners with Medtronic to integrate AI for stroke management

This will help take stroke management to the next level by standardising diagnosis and empowering clinicians to make faster, more accurate diagnoses and treatment decisions, said Apollo Hospitals

Carborundum Universal Q2 profit up 34% to Rs 86.4 cr, sales rise 1%

Revenue from abrasives for the quarter was flat at Rs 259 crore at both, the consolidated and the standalone levels

Amara Raja manufacturing facilities at near 100% capacity utilisation

The company registered a 35 per cent year-on-year growth in inverters and 40 per cent growth in 2W batteries,

Jan to Sep VC investments down nearly 17 per cent YoY to $6.5 billion

Education topped the table with nearly $1.755 billion as against $379 million last year, followed by real estate which received $754 million

RBI offers LVB committee option to review CEO names proposed by old Board

The Committee of Directors (CoD) comprise of independent directors Meeta Makhan, Shakti Sinha and Satish Kumar Kalra

Cochin Shipyard, Italy's Fincantieri sign deal for business development

Cochin Shipyard, with facilities on the East and West coasts of India, is a leader in commercial and defence shipbuilding and repairs.

IFC to support Netafim India's capex & working capital requirements

The proposed $75 million long-term financing will be in the form of Non-Convertible Debentures

Fortis to add 1,300 new beds in existing facilities in the next 2-3 years

Company to also launch a digital solution for all healthcare needs and plans to rope in partners

Fortis Hospital inaugurates 250-bed multispecialty facility in Chennai

Fortis already operates a 170-bed multispecialty hospital in the city

Despite anti-China sentiment, OnePlus to invest Rs 100 cr in India retail

OnePlus has over 5,000 offline stores, including partnered stores, across the country, and plans to scale this up to 8,000 stores in the coming quarters

Tractor sales cross the 100,000 mark in September; only third time in 3 yrs

Tractor sales had crossed the 100,000 mark in October 2018 and October 2019 previously

Sundaram Mutual's bluechip fund NFO mobilises over Rs 650 cr despite Covid

Sundaram Bluechip Fund is an open-ended equity scheme predominantly investing in large cap blue chip stocks

Lakshmi Vilas Bank board meeting on Oct 15 to consider rights issue

Sources said the lender plans to raise Rs 500-700 crore via rights. Many existing institutional investors may subscribe to it in order to protect the investments they've already made

PE firm PAG-led group to buy pharma firm Anjan Drug for undisclosed sum

Target company makes and supplies active pharmaeutical ingredients in the central nervous system space to some of the world's largest drug makers

Tamil Nadu signs 14 MoUs worth Rs 10,000 cr, to create 7,000 new jobs

Among the companies that have committed investments are JSW Renew, Britannia, Apollo Tyres, Li-Energy for EV battery packs, Britannia and Hyundai Wia

TVS premium motorcycle brand Apache reaches 4 million global sales

Launched in 2005, the TVS Apache series is one of the fastest-growing premium motorcycle brands in the country, with a strong presence across global markets

Unlock 5.0: Optimism returns, India Inc sees signs of recovery in economy

Some caution this is mere pent-up demand; others say it is sustainable and growing