Page 1649 - Company News

Skoda Auto India posts 48% jump in sales at 4,788 units in December

The company said it sold 3,234 units in December 2021

Toyota Kirloskar Motor sales drop 3.8% to 10,421 units in December

At the upcoming Auto Expo 2023, the company is likely to show its sustainable offerings in mass electrification space

Maruti Suzuki India posts 9% drop in wholesales at 1,39,347 units in Dec

Sales of mini cars comprising Alto and S-Presso were lower at 9,765 units as compared to 16,320 units in the year-ago month

Over 98,000 unsold homes in Delhi-NCR at 2022-end: PropTiger report

In its latest report, housing brokerage firm PropTiger has mentioned that unsold inventory rose 17 per cent in 2022 to 8,49,510 units across eight major cities

Torrent escalates Reliance Capital bid war against Hinduja to RBI

The Committee of Creditors will meet on January 3 to take a view on the new twist in the case

Global cybersecurity market grows 16% to reach $17.8 billion in Q3

Palo Alto Networks was the number one vendor in the quarter, growing 24.9 per cent and increasing its market share to 8.4 per cent, up from 7.8 per cent in Q3 2021

Meta acquires 3D smart glass maker Luxexcel for an undisclosed sum

Meta (formerly Facebook) has acquired the Netherlands-based 3D smart glass maker Luxexcel, as it doubles down on its metaverse dream in 2023

Industry body IAMAI bids to form a self-regulatory body for online gaming

As per a gazette notification issued earlier this week, the Ministry of Electronics & Information Technology (MeitY) has become the nodal ministry to govern online gaming industry

FMCG companies see some respite in rural demand in last two weeks

While it is too early to say that rural demand has revived but this is the first time demand for consumer goods have witnessed green shoots

Adani Enterprises buys shares from NDTV founders at 17% premium

Proxy advisory firms say premium now must be paid to all shareholders who participated in open offer

Quick commerce: One lighter a day, Rs 9,500 tip; insight into Blinkit use

A resident of Jaipur generously tipped his delivery partner on Blinkit Rs 9,500, the highest of the year

Rocket Software eyes $1 bn turnover in 18 months, to expand India presence

US-based firm's current revenue at $800 mn; company hopes to grow India customer base by 2-3x

Syrup deaths in Uzbekistan: Pharmexcil suspends Marion Biotech's membership

Co grew rapidly in the last four-five years; primarily makes cold medication

At 100 in 3 years, IHCL arm eyes 500 luxury homestays by FY 2026

Of the 61 operational properties which are all managed assets, around 21 properties are Tata company homes or bungalows

Shriram Finance's business prospects remain healthy, pressure on NIM seen

Valuation targets, though, are close to current price; potential selling by large non-promoter shareholders also an overhang

Luxury shopping gets a festive sparkle, basks in celebratory spirit

As the year draws to a close and people slip into celebratory spirit, shopping for luxury has been on the rise

After many rocking years, we needed a rocky year: Byju's CEO Raveendran

Raveendran acknowledged that the first six years of Byju's were those of steady growth and the next four -- from 2017 to 2021 -- saw the company's exponential rise

Air India to get fresh brand identity: CEO Campbell Wilson tells staff

Airline will take some years to attain 'world class heights', he says in year-end note

Tata Motors completes Rs 725 cr acquisition of Ford's Sanand plant

All eligible employees of Ford India's vehicle making plant have been offered jobs at TPEML on terms, conditions and benefits of service similar to those currently availed by them

Tata Motors to acquire Ford India's manufacturing unit completely in Jan

Tata Motors on Friday said the acquisition of Ford India's manufacturing plant at Sanand through its subsidiary will be completed on January 10, 2023