Page 131 - Company News

BigBasket logs strong festive sales as electronics category surges 500%

Along with BigBasket, other q-com platforms such as Instamart, Zepto, and Flipkart Minutes also registered a significant increase in sales compared to last year

Tata Trusts moves proposal to reappoint Mehli Mistry as lifetime trustee

The reappointment bid comes amid reports of a rift among the trustees over their tenures, with one faction aligning with Noel Tata, who became chairman after Ratan Tata's death, and others with Mistry

Glenmark Pharma to launch Ropivacaine Hydrochloride Injection USP in US

The product is approved as bioequivalent and therapeutically equivalent to the reference listed drug, Naropin Injection, marketed by Fresenius Kabi USA LLC

US govt shutdown has not affected consumer sentiment, says Unilever CEO

The group's underlying sales in North America grew 5.5% in the third quarter

Choice International adds ₹635 cr AUM through strategic acquisitions

This acquisition will bring in about ₹300 crore assets under management (AUM)

Maruti Suzuki's Jimny 5-door crosses 100K export milestone globally

Export of the Jimny 5-door had started in 2023, shortly after its India debut, to more than 100 countries, including Japan, Mexico and Australia, the company said in a statement

Hero MotoCorp enters UK market, partners with MotoGB for distribution

The UK entry marks the company's 51st international market, strengthening its footprint across Europe, it added

Premier Energies enters transformer manufacturing with 51% Transcon stake

The acquisition is a key milestone in its strategy to become a fully-integrated clean energy solutions provider, Premier Energies said in a statement

BLS Intl bags visa outsourcing contract from Cyprus embassy in Kazakhstan

Under this agreement, BLS International will oversee Cyprus visa application operations in Kazakhstan

Hyundai India names Sunil Moolchandani as new national sales head

With over two decades in the automotive sector, Sunil Moolchandani will lead Hyundai Motor India's national sales strategy, dealer performance, and market expansion efforts

Coal India arm SECL's 12 mining projects running behind schedule

These projects have been facing delays even as the government is focussing on boosting domestic coal production to reduce imports

UPS moves court to block publishers from quizzing India executive

An Indian antitrust investigation report last year found "no evidence" that FedEx, UPS, Aramex and DHL indulged in price collusion, as alleged by a book publishers' body

US sanctions on Russian oil to hit Reliance; PSUs may keep buying

Reliance had in December 2024 signed a term deal with Russia's Rosneft - now sanctioned - to import as much as 500,000 barrels per day of Russian oil for 25 years

Allcargo Group appoints Punit Misra as President & Chief Business Officer

Misra will also collaborate with the broader leadership team of the company and oversee strategic goals, drive value creation, and provide a broader perspective to business decision-making

iPhones, gold, silver coins drive BigBasket's record 500% Diwali sales rise

While the sales of electronics, including iPhones, surged 500 per cent, gold and silver coins reported a staggering 1000 per cent rise compared to last year

Oberoi Realty Q2 sales bookings fall 10% to ₹1,299 crore on lower volumes

Mumbai-based Oberoi Realty, which is mainly into the luxury housing segment, had sold properties worth Rs 1,442.46 crore in the year-ago period

Recalibrating Russian oil imports, will fully comply with guidelines: RIL

Reliance, which operates the world's largest refining complex at Jamnagar in Gujarat, has a long-term deal to buy nearly 500,000 bpd of crude oil from Russian major Rosneft

Hyundai Motor India names Sunil Moolchandani as national sales head

Moolchandani holds a Bachelor of Engineering (Electrical) from the University of Pune, completed in 1999, and a Post Graduate Diploma in Management (PGDM) from Symbiosis, Pune

Biocon gets Health Canada nod for biosimilars Yesintek, Yesintek IV

The approval was granted on October 17, paving the way for Canadian commercial availability in mid-October

Tata Tech to hire more locals in US as Trump cracks down on immigration

Pune, India-based Tata Technologies does not disclose country-specific revenue or employee count, but North America accounted for roughly a fifth of its ₹5,168 crore revenue in 2024-25