Page 2185 - Company News

Tata Motors total sales in January rise 27% at 76,210 units

Total domestic sales grew 26% at 72,485 units in Jan 2022 as against 57,649 vehicles sold in the same month last year

Rs 6,000-cr programme to rate MSMEs to be rolled out in 5 yrs: Sitharaman

As part of initiatives to promote digital infrastructure, a desh stack e-portal will be launched, she noted in her presentation of the Union Budget for 2022-23

Bajaj Auto posts 15% decline in sales to 363,443 units in January

Exports of two-wheelers stood at 1,87,934 units as compared with 2,27,532 units in the year-ago month, down 17 per cent

MG Motor India's retail sales rise 20% in January amid better demand

The company sells models like Hector, Astor and Gloster in the domestic market

Tech upskilling start-up Scaler completes $55-million funding

With this fresh round of funding, the total capital raised by Scaler Academy since January 2020 stands at $76.5 million with a valuation of $710 million

Bharti Airtel buys around 25% stake in startup Lavelle Networks

Lavelle Networks specialises in software-defined Wide Area Network (WAN) solutions and it serves a range of industry segments

AGS Transact Technologies, the first IPO of 2022, slumps on debut

Shares of the payment solutions provider drop more than 8% over issue price; IPO had garnered 8x subscription

Tata Steel arm to buy govt stake in Neelachal Ispat for Rs 12,100 crore

This is the first time a public sector steel manufacturing company has been privatised in India

Gitanjali Gems case: Sebi bans Mehul Choksi, another individual from mkts

Sebi has barred fugitive businessman Mehul Choksi and one Rakesh Girdharlal Gajera from the capital markets for one year

Adani Total Gas Ltd to invest Rs 20,000 cr in city gas over eight years

Firm has won licenses to expand its City Gas Distribution network to 14 new geographies in the recently concluded 11th round of CGD bidding by the Petroleum and Natural Gas Regulatory Board

Reliance Brands, fashion designer Rahul Mishra to create new brand

Brand will present an exclusive collection at a global fashion week

Sun Pharma Q3 results: Net profit rises 11% to Rs 2,058.8 crore

In Q3, the revenue from specialty products came in at $183 million, up 21 per cent YoY

Jindal Stainless eyes bigger slice of export market

Given the dumping that is happening, the company is working towards increasing its share of exports to 30%-35%

BVG India sees topline at Rs 2k cr this fiscal, to double headcount by FY25

While the 3i Group 26 per cent in the company and will be existing and 30 per cent are with angel investors

Future-Amazon row: SC to pronounce verdict on Future's plea on Tuesday

The US firm, which has invested in FCPL, has been opposing the deal

200 Indian startups to showcase business ideas, innovations at Expo 2020

Dubai Silicon Oasis (DSO) and India Innovation Hub on Monday announced a partnership with Indian online travel company EaseMyTrip and UK-headquartered investment banking company HSBC

Worst of semiconductor shortage over: Tata Motors Group CFO

Tata Motors also sees the contribution of its electric vehicles to its overall passenger vehicles sales reaching double digits soon, from about 6 per cent at present

Top headlines: Eco Survey sees 8%-8.5% FY23 GDP growth; NINL sale cleared

Business Standard brings you the top headlines on Monday

Reliance inks deal with designer Rahul Mishra to launch ready-to-wear brand

RBL which will hold 60% in the venture for an undisclosed amount plans to open flagship stores in major fashion capitals within the next fiver years.

Religare Finvest, Fortis' officials pay Rs 4.3 cr to settle case with Sebi

n investigation was initiated by Sebi in the matter of Fortis Healthcare Ltd (FHL) after an article published in February 2018 said its promoters have taken at least Rs 500 crore out of FHL