Page 1154 - Company News

Luminous Power aims to double growth in next 4 years; to invest Rs 2,000 cr

Luminous Power in collaboration with its channel partners is providing solar solutions to its customers as well

Hyundai reports highest ever monthly sales in September at 71,641 units

The company has garnered over 80,000 bookings for its recently introduced micro SUV Exter

Tata Housing to launch Rs 16,000-cr projects in next 2-3 years: Sanjay Dutt

"We are launching 10 million square feet residential projects across various cities with a topline of roughly Rs 16,000 crore"

M&M total sales jump 17% at 75,604 units in September, PV sales up 20%

The company further said its utility vehicles sales were at 41,267 units as against 34,262 units in the year-ago month, up 20 per cent

Resolutions under insolvency law likely to touch 300 this year: IBBI chief

The IBBI is a key institution in implementing the IBC

Toyota reports its highest-ever monthly sales in September at 23,590 units

Total sales achieved include 22,168 domestic units and export of 1,422 units, Toyota Kirloskar Motor said in a statement

MG Motor records 31% uptick in its retail sales in September at 5,003 units

Sales of electric vehicles continue to contribute around 25 per cent of the total sales of the company, MG Motor said in a statement

Indus Towers signs pact with IOC Phinergy for clean energy systems

Indus Towers and IOC Phinergy (IOP) have inked a pact for the deployment of 300 zero-emission energy systems to optimise diesel consumption at Indus' telecom tower sites

Will fix software issues blamed for iPhone 15 models heating: Apple

The Wall Street Journal amplified the worries in a story citing the overheating problem in its own testing of the new iPhones, which went on sale a week ago

A M Naik, 81 steps down as chairman of L&T; S N Subrahmanyan takes charge

A M Naik stepped down as the chairman of L&T Group on Saturday

SJVNL aims to become 50,000 MW capacity company by 2040, says CMD

The company earned highest-ever revenue of Rs 3,299 crore in 2022-23, which is 25.6% more than the revenue of Rs 2,626 crore in 2021-22

Airtel hits 50 mn 5G customers, says services now span all districts

Making it one of the fastest rollouts in the country, Airtel 5G Plus is available across all the 28 states and 8 union territories, the company said

Byju's to present FY22 financials at board meet amid investor concerns

The edtech firm is yet to file its FY22 results with Registrars of Companies and this delay has been a key concern among investors as well as the lenders

Dell mulls fresh investment in Bengaluru, seeks state govt support

The company already operates a prominent research and development centre in Bengaluru. At the global level, Dell operates around 25 manufacturing facilities

Popular Vehicles and Services Ltd files IPO papers with Sebi again

Popular Vehicles and Services Ltd, which is engaged in automotive dealerships, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial share sale

Espire Hospitality plans to have 20 hotels by FY25 with Rs 560 cr capex

The capex, through in-house funding, will also be utilised in phases for renovating, leasing and upgrading the existing hotels

Agilus Diagnostics files for IPO to raise funds via 142.3 mn shares

The diagnostics giant partners with ICICI Securities, Axis Capital, and Citigroup for public offering, aiming to sell equity shares held by key investors

Godrej Agrovet to set up Rs 300 cr integrated palm oil complex in Telangana

The company will also establish a nursery with a capacity of up to 7 lakh saplings per year in addition to the seed production and research unit

Zee Entertainment merger expected in 'months ahead': Sony Group

The transaction was initially expected to be closed by the end of September

Change of guard at L&T: Size, scale key challenges for S N Subrahmanyan

Cut to 2019, L&T was on the buyer side of the table of a hostile takeover of tech company Mindtree