Page 1854 - Company News

Ashok Leyland bags order for supplying 1,400 school buses in UAE

Indian company says deal win by distribution partners 'reaffirms faith' in its buses

Ashok Leyland total vehicle sales jumps 51% to 14,121 units in Aug

Commercial vehicle maker Ashok Leyland's total vehicle sales, including exports, grew 51 per cent on an annual basis to 14,121 units in August, the company said on Thursday

Tata Motors' total sales rise 36% in August; domestic sales up 41%

Tata Motors on Thursday said its total sales increased by 36 per cent to 78,843 units in August.

Dish TV shares surge 20% as chairman set to exit after Yes Bank tussle

The company on Tuesday said Goel would not opt for a re-appointment on its board and independent director Bhagwan Das Narang would vacate office after his term expired

Bike Bazaar raises Rs 170 cr in equity funding for deeper rural penetration

Two-wheeler financing firm Bike Bazaar said it has raised Rs 170 crore in equity funding for a deeper penetration into rural markets and to scale the sale and purchase of used two-wheelers

Maruti Suzuki's total sales increase 26% to 165,173 units in August

The company had sold a total of 1,30,699 units in the same month last year, Maruti Suzuki India Ltd (MSIL) said in a statement

Telcos, phone makers in discussion for affordable rollout of 5G: Report

Mukesh Ambani on Monday announced that RIL will invest Rs 2 trillion to launch 5G mobile internet services in India's key metro cities by Diwali

IT firms increase scrutiny of employees amid moonlighting trend: Report

IT firms now have started to clamp down on such activities, as the companies think moonlighting affects employees' productivity and creates conflicts of interest

I-T dept detects Rs 250 cr 'black' income after Kolkata business group raid

The Income-tax department has detected "unaccounted" income of more than Rs 250 crore after it recently raided a Kolkata-based group engaged in manufacturing of power transmission equipments

Campa Cola set to compete in aerated drinks space with new owner Reliance

Reliance has acquired Campa Cola from Pure Drinks for Rs 22 crore, according to a source in the know

Reckitt Benckiser says CEO Laxman Narasimhan to step down at end of Sept

Reckitt Benckiser said its Chief Executive Officer Laxman Narasimhan will step down at the end of September after three years in the role.

Toyota Kirloskar says sales up 17.12% in Aug, cites 'unprecedented orders'

Automobile firm says it is holding orders for Innova Crysta's diesel variant after huge demand for MPV

Delhi HC restrains Dominick Pizza from copying Domino's brand name

Domino's had sought the protection of its mark 'Domino's Pizza', its device mark, and logo

Escorts Kubota reports 7% rise in tractor sales for August; exports up 4%

The company sold 5,693 tractors in the year-ago same period

Crypto.com accidentally refunds over $7 mn instead of $68 to customer

Due to an unfortunate typo, cryptocurrency exchange Crypto.com mistakenly issued a customer A$10.5 million ($7.2 million) rather than the expected A$100 ($68), media reports say

Bajaj Auto's total vehicle sales rise 8% to 401,595 units in August

The Pune-based automaker had sold a total of 3,73,270 vehicles in August 2021

Promoter entity needs Income Tax dept nod for warrant conversion: NDTV

News network's founders Radhika and Prannoy Roy may individually require independent approval, it says

Homegrown Twitter rival Koo lays off 40 employees in 'realignment' move

A Koo spokesperson told IANS thatAthe platform is at a phase of rapid growth as it steers digital inclusion for native language speakers

MG Motor India sales drop by 11.4% in Aug, blames supply chain volatility

Company owned by Chinese automaker says it continues to have a strong order book

SpiceJet shares fall 15% to hit one-month low on bigger quarterly loss

SpiceJet on Wednesday reported a net loss of 7.84 billion rupees ($98.50 million) for the quarter ended June 30, compared with a loss of 7.31 billion rupees a year earlier