Page 1528 - Company News

Toyota Kirloskar wholesales rise 75% in February at 15,338 units

Toyota Kirloskar Motor (TKM) on Wednesday said its wholesales increased 75 per cent year-on-year to 15,338 units in February 2023

Zoomcar partners Vistara to offer self-drive services to customers

Car sharing platform Zoomcar on Wednesday announced its partnership with Vistara, a joint venture of Tata group and Singapore Airlines, to become its self-drive partner

Sequoia's Surge unveils 8th cohort of 12 start-ups across India, SEA

Includes start-ups in climate tech, AI, metaverse, digital health, new e-commerce models

Hiring resumes in Indian IT sector after months-long slowdown amid layoffs

Amid ongoing global layoffs especially in the tech sector, hirings in India saw a 9 per cent sequential growth in February and the IT sector signalled a positive comeback after witnessing a decline

Indian telcos surpass 3-year 5G rollout target in six months: Govt official

Indian telecom operators have surpassed the three- year 5G network rollout target given to them within six months and now the government is making efforts to enhance adoption of 5G applications

MG Motor India Feb sales fall 7% to 4,193 units, to ramp production

MG Motor India on Wednesday reported 7 per cent drop in retail sales at 4,193 units in February over the same month a year ago.

Bajaj Auto sales dip 11% in Feb to 280,226 units on account of export woes

Bajaj Auto on Wednesday said its total wholesales declined by 11 per cent year-on-year to 280,226 units in February

FRL fails to get revival plan, lenders to decide further course of action

The date of submission of the resolution plans for the company was February 20 after subsequent extensions were granted by the lenders, the company said

Silicon Valley veteran Dan Rosensweig joins upGrad's board of directors

Rosensweig also serves on the board of Adobe and is a senior advisor to TPG Growth Ventures & Kleiner Perkins

Tata Group's talks over $1 billion Bisleri stake stall over valuation

The Indian conglomerate had been in advanced discussions to take control of Bisleri and the parties were working on finalizing the structure of a transaction, the people said

Disney-Star takes guard as Indian Premier League broadcast war heats up

Network is targeting 550-700 advertisers this year and 500 million viewers; it will broadcast T20 league in over 10 language feeds across 22 channels

Will be able to raise the targeted $2 billion, says Vedanta Resources

Investors jittery as Vedanta stocks, bonds take a hit amid debt worries

Reliance Jio second-strongest telecom brand in world, says report

Based on the scores, Reliance Jio is behind only Swisscom and ahead of Etisalat, MTC, and Singtel

NCLT admits insolvency plea against Sintex Plastics Technology Ltd

The National Company Law Tribunal (NCLT) has admitted the insolvency plea against Sintex Plastics Technology Ltd (SPTL), a leading maker of water storage tanks and plastic-based interiors

One year of Ukraine war: A roller-coaster ride for steel companies

In 2021, steel exports from the two countries stood at about 48 million tonnes, accounting for around 10% of global steel trade

Air India to triple current aircraft fleet in a few years: CEO Wilson

Tata group-owned Air India has said that it would increase its fleet by a record 470 aircraft, funding the $70 billion order with internal cash, equity and through sale-and-leasebacks

Airtel eyes tariff hike mid-year; here's how telcos' Arpu stack up

Airtel reported an ARPU of Rs 193 in Q3, FY23 with the widening of its 4G customer base

NHPC's Rs 32k-cr hydel project near China border gets Centre's approval

The approved investment includes Rs 6,720 crore of government support for flood moderation and enabling infrastructure, such as roads and bridges connecting the construction site

Brighter prospects ahead for power sector stocks amid economic momentum

Though there are a few monitorables, rising consumption should drive up volumes, investment

Court orders jail for 2 Maiden Pharma execs for exporting substandard drugs

The company has denied its drugs were at fault for the deaths in Gambia and tests by an Indian government laboratory found there were no toxins in them