Page 1753 - Company News

LIC shareholding in Tata Motors crosses 5%, invests Rs 11.39 crore

Shareholding by LIC in Tata Motors Ltd has crossed 5 per cent as the insurer stepped up shareholding over the past ten months, investing Rs 11.39 crore in the auto company

Games24x7 launches Rs 400 cr fund for interactive entertainment start-ups

Will largely focus on entrepreneurs aspiring to build disruptive ventures in online gaming, digital marketing, digital content, sports tech, eSports, blockchain tech and analytics

Max Health gross revenue at lifetime high in Q2FY23 on improved occupancy

International patient revenues up 16% during quarter, 110% of pre-Covid average; PAT grows 29% on like-to-like basis

Tiger Global-backed Wow! Momo elevates CMO Muralikrishnan to co-founder

He officially joined the founders in 2018 and began by leading the store-level growth hacking to brand development and was later named the group's CMO

JLR partners with Wolfspeed for silicon carbide semiconductors supply

Jaguar Land Rover announced a strategic partnership with Wolfspeed Inc for supply of silicon carbide semiconductors for next generation electric vehicles

Google Cloud to build intelligent tracking system for Pune's public buses

Once published on Google Maps, the live transit update service will allow commuters to track buses real-time on Google Maps

Indus Towers revises report, drops para on govt stake in Vodafone Idea

Tower installation firm had said conversion of interest into equity stake for the government can be decided only after telecom company's stock price improves

Ashok Leyland October total sales rise 34% to 14,863 units, exports decline

Commercial vehicles maker Ashok Leyland on Tuesday reported a 34 per cent rise in total sales at 14,863 units in October 2022.

State-run telcos MTNL, BSNL line up $2.34 billion debt sales via bonds

Mahanagar Telephone Nigam Ltd and Bharat Sanchar Nigam Ltd intend to raise an aggregate of 193.56 billion Indian rupees through government-guaranteed bonds, the bankers said

Hiring in India IT sector slows down 18% in Oct, shows Naukri report

With the IT sector showing a decline, Bengaluru, Hyderabad and Pune showed a decline in hiring activity, according to the Naukri JobSpeak index

Biotech firm Bharat Serums & Vaccines working to reduce import dependence

Firm is develop recombinant products in hormones, eyes acquisitions in South East Asia

Beauty firm Nykaa's September quarter net profit rises to Rs 5.19 crore

The company had posted a net profit of Rs 1.17 crore in the same period a year ago

Pepsi India bottler beats profit estimates on beverage price hikes

Profit grew by 59% to 3.81 billion Indian rupees ($46.1 million) in the three months ended Sept. 30

Nissan Motor wholesales rise 45% to 10,011 units in Oct in festive season

Nissan Motor India on Tuesday said its total wholesales increased by 45 per cent to 10,011 units in October as compared to the same month last year

Maruti Suzuki's total sales rise 21% to 167,520 units in October

Automaker Maruti Suzuki India Ltd (MSIL) on Tuesday reported a 21 per cent increase in total sales at 167,520 units in October

Founding Fuel launches a paywall on select stories facilitated by Fewcents

The users will be allowed to make payments for a select set of individual stories instead of purchasing a bundle

PNB Housing Finance expects 40% jump in disbursals: MD & CEO Kousgi

The domestic housing finance sector is now witnessing robust demand after the pandemic and the country's fourth largest player, PNB Housing Finance, expects a strong growth of 40% in disbursals

Impossible for any automobile company to be profitable in 1st yr: MG Motor

MG Motor India on Tuesday said it is impossible for any automobile company to be profitable in the very first year of its operations, in response to a notice from the Ministry of Corporate Affairs

iPhone supply in India may not suffer as China ups Covid-19 curbs: Experts

Apple has started manufacturing device in India and festival-time demand for device is falling

Bajaj Auto's total sales fall 10% to 395,238 units in Oct, exports down 31%

The company had sold a total of 439,615 units in the same month last year, Bajaj Auto Ltd (BAL) said in a statement