Page 1287 - Company News

Hero MotoCorp and Bajaj Auto's July two-wheelers sales in slow lane

Hero's domestic sales dropped by 12.18 per cent YoY to 391,310 units. Bajaj's domestic sales dropped 13.62 per cent YoY in July

ArcelorMittal looks to rope in Indian climate tech start-ups to go green

Launches first country-specific accelerator programme to achieve decarbonisation goal

Meesho says it removed 42 lakh counterfeit products from its platform

Under this project, Meesho has implemented stringent verification processes, engaged in brand partnerships, and leveraged analytical models for fraud detection

Bharti Airtel to target SMBs market with Airtel IQ messaging platform

Telecom operator Bharti Airtel is looking to garner a major share in enterprise communication services segment of small and medium businesses with its new Airtel IQ Reach platform

Vistara plane suffers engine damage, was hit by ground service equipment

A Vistara Airbus A320 neo aircraft on Tuesday suffered engine damage after it was hit by a towing tractor at Mumbai airport, according to a source

Reliance Jio, Airtel drive telecom subscriber base to 1,172.57 mn in May

New customer addition by telecom operators Reliance Jio and Bharti Airtel led to a marginal growth in the country's telecom subscriber base to 1,172.57 million in May

AESL bets on energy solutions in pivot as distribution policies lag

The retail connect vertical will comprise existing distribution, smart metering, cooling systems, parallel distribution licenses, and energy solutions

Sebi imposes Rs 13 lakh fine on two former executives of Wockhardt

Market regulator Sebi has imposed penalties totalling Rs 13 lakh on two former executives of Wockhardt for flouting insider trading norms

Manipal Group chairman Ranjan Pai in talks to invest in Byju's-owned Aakash

Raveendran may partially offload his stake for $80-90 mn

Aditya Birla Group's hospitality arm gets rights for 4 restaurant brands

Aditya Birla Group on Tuesday said its hospitality arm ABNAH has acquired the rights for four iconic restaurant brands -- Hakkasan, Yauatcha, Nara Thai and CinCin

K'taka govt & IBC ink pact to set up recyclable Lithium-ion battery plant

The Karnataka government and US-based IBC signed a memorandum of understanding (MoU) to set up a recyclable Lithium-ion battery manufacturing unit at an outlay of Rs 8,000 crores in the state

Uber forecasts quarterly operating profit above estimates on ride demand

Uber Technologies on Tuesday forecast third-quarter operating profit above Wall Street expectations as it sees growing demand for ride hailing

Bosch Ltd to increase manufacturing in India to pare component import

The technology supplier plans to increase the percentage of goods produced locally in India to bring down its imports of components

IndiGo still battling Pratt & Whitney engine woes, 10% fleet grounded

All 33 grounded planes of IndiGo are powered by Pratt and Whitney engines

Bosch eyes double digit growth in FY24 driven by premium vehicles

Rising income levels and an increased focus on value-driven factors are driving growth in the categories of scooters, premium motorcycles, and SUVs

'Govt asks Tesla to copy Apple in pairing Chinese, Indian suppliers'

Tesla wants to use some Chinese vendors, India wants workaround

DGCA clears IndiGo's flights to Almaty in Kazakhstan from September 5

Aviation regulator DGCA has approved IndiGo's plans to start flight services to Almaty in Kazakhstan

DLF's KP Singh sells entire 0.59% stake for Rs 731 crore; stock down 3.7%

In June 2020, Singh retired as the realty firm's chairman after nearly six decades

ChrysCap joins Nirma, Sekhmet in race to snap up Glenmark Life Sciences

Nirma, Sekhmet Pharma had also submitted binding bids on Monday

Hiring for white collar jobs in India falls 19% in July, says report

Hiring for white collar jobs declined 19 per cent in July compared to the year-ago period as many sectors, including FMCG, retail, insurance and education