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Indian Bank posts 74% growth in PBT at Rs 390.35 crore for Q3FY20

The performance was in line with expectations, Padmaja Chunduru, MD & CEO, Indian Bank said

PE, VC investments in India grew 28% to $48 billion in 2019, says EY data

Buyouts recorded the largest increase of 56 per cent in terms of value ($16.2 billion in 2019 against $10.4 billion in 2018)

DLF to invest Rs 13,000 cr to develop office spaces in Gurugram, Chennai

DLF has office spaces spread over 32 million sq.ft of area across Delhi NCR, Chennai, Hyderabad, Kolkata, and Chandigarh

After Gurugram, DLF eyes Chennai; to invest Rs 5,000 cr in and around city

The city will become the company's second largest market after Gurugram

India's GSAT-30 satellite successfully launched from French Guiana

After a flight lasting 38 minutes 25 seconds, GSAT-30 separated from Ariane 5 upper stage in an elliptical Geosynchronous Transfer Orbit.

Vivo looks to raise the game in 2020 after capturing market share in 2019

Having registered a sharp increase in market share in 2019, the Chinese smartphone brand looks to raise the game

500-800cc bikes ride out auto sales slowdown with four-fold growth

The segment has grown significantly over the past few quarters

South Indian Bank announces rise of 8% in Q3 net profit at Rs 90.54 cr

The provision coverage ratio of the bank has improved to 50.37% from 41.17% a year ago

Two-wheeler makers gear up to BS-VI norms, speed up vehicle launch

BS-VI products cost 7-15 % more than BS-IV

Panasonic Life to invest Rs 600 crore for electrical equipment near Chennai

The plant will start work by October 2021, becoming Panasonic's eighth electrical equipment production base in India.

Renault sales up 7.9% to 88,869 units in 2019, market share at 5.1% in Dec

Renault ranked amongt the top 5 auto brands in November and December.

Kerala receives investment proposals worth Rs 1 trillion at ASCEND 2020

Chief Minister Pinarayi Vijayan said that of the amount, Rs 98,708 crore comes in as direct promise during the two days of ASCEND

Sachin Bansal eyes bigger role in global financial services market

In September, Bansal had invested around $104 million to acquire over 90 per cent ownership of Chaitanya

World Bank arm IFC to pick up 4.5 % stake in Sachin Bansal floated NAVI

Investment to support the transformation of CIFCPL into a technology led universal bank

Ashok Leyland, ABB Power Grids team up for electric buses in India

Ashok Leyland will develop and manufacture electric buses with ABB's award-winning TOSA flash-charging technology along with operational support and service

Market value of Murugappa's investments surges 37% to Rs 10,986 cr

As on January 7, the value of its investments was slightly higher at over Rs 11,400 based on the holdco's shareholding on September 2019

ETC India to invest $77 mn to ramp its nationwide capacity with IFC backing

ETC India is a wholly-owned subsidiary of ETC Group Ltd (ETG), a strategic client of MAS Agribusiness with investments in Africa and India

Mahindra Renewables plans $171 mn investment for solar project in Rajasthan

The project will be backed by International Finance Corporation (IFC)

KVB's notice to Saravana Stores' promoter family for default of Rs 162.8 cr

In the notice, the bank has asked the title holder of Saravana Stores Gold, Pallaku Durai, to repay the amount mentioned in the notice

Shriram Automall acquires Augeo to expand beyond auto auctioning

Augeo will be the first organised platform, which will provide complete service to the bankers and other institutions through its online portal 123done.in