Page 2132 - Company News

Hero MotoCorp shares decline over 4% after 29% drop in Feb sales

Two-wheeler market leader Hero MotoCorp had on Tuesday reported a 29 per cent decline in total wholesales at 3,58,254 units in February

Nasscom, Microsoft announce 2nd 'AI Gamechangers' to boost AI adoption

In a bid to accelerate AI (artificial intelligence) adoption in India, Nasscom and Microsoft on Wednesday announced the second edition of the 'AI Gamechangers' awards

Top headlines: Grover accused of money laundering; Biden warns Putin

Business Standard brings you the top headlines on Wednesday

FMCG industry faced consumption slowdown in urban markets in 2021: Nielsen

The Indian FMCG industry witnessed a consumption slowdown in urban markets and de-growth in rural areas in 2021, as the sector was hit hard by higher inflation levels

Kia India sales rise 8.5% YoY to 18,121 units in February

Kia India on Wednesday said its sales increased 8.5 per cent year-on-year to 18,121 units in February.

Religare Enterprises is now debt-free, shares up 3% amid new vertical plans

The company said it will enter new sectors such as Asset Reconstruction, Alternate Investment Funds, Insurance Broking, Digital Wealth Management

Venture capital firm Accel launches $650 mn fund for India, Southeast Asia

Global venture capital firm Accel has launched a $650 million fund for Indian and Southeast Asian startups, underscoring the large pool of capital being deployed by funds

Google, MeitY to help 100 Indian startups build high-quality apps for world

Google, MeitY Startup Hub on Wednesday announced a cohort of 100 Indian early to mid-stage startups, to help these startups build high-quality global apps and games as part of the Appscale Academy.

Bajaj Auto reports 16% drop in total sales to 3,16,020 units in Feb

Bajaj Auto on Wednesday reported a 16 per cent drop in its total sales to 3,16,020 units in February.

Disney sells most of advertising inventory for Indian Premier League 2022

But for Disney Star, which won the media rights for the Rs 16,347 crore of IPL from Sony in 2019, this will be the last year of the contract

Improving customer experience spurs AI use in BFSI, says report

83% of BFSI leaders believe enhancing customer experience is top driver of AI implementation

From Lux to Kissan Jam, Hindustan Unilever hikes prices by 3-13% in Feb

The price increases come on the back of constant rise in raw material costs

CSR spending on the rise but not equitable, skewed towards three sectors

Six states account for a third of total CSR spending; three sectors account for 59.9 per cent of funding.

Shriram Automall India auctions over 7,900 pre-owned vehicles, assets

SAMIL Utsav is a one-of-its-kind phygital format auction, conducted by the platform every year on February 26, the company said in a statement

Adani makes foray into media business with Quintillion stake

Also, Bloomberg Media and Quintillion Media will no longer co-produce content but will continue to distribute Bloomberg content in India through a license agreement

L&T Finance Holding plans to hasten the pace of retail loan growth

The growth outlook is very conducive as the economy comes out of a turbulent period due to the pandemic.

Canada's CPPIB to invest Rs 2,650 crore in JV with realty firm RMZ Corp

RMZ owns and operates a real asset portfolio of 67 million square feet, and are poised to grow to 350 million square feet of assets by 2032

Tata Steel to set up unit for medical material, to buy bio-ceramics startup

The firm's wholly-owned subsidiary, Tata Steel Advanced Materials, will pick up 90% stake in Advanced Ceramics

Reliance Retail Ventures buys majority stake in Abraham & Thakore

Last year, RIL arm had partnered Manish Malhotra's brand and Raghavendra Rathore's company

Chip woes continue to hobble auto dispatches in Feb; TaMo, M&M buck trend

Leading carmakers Maruti Suzuki, Hyundai, Toyota and Honda witnessed a drop in vehicle dispatches to dealers last month as the global semiconductor shortage continued to impact production