Page 2261 - Company News

Swiggy receives 9,500 orders per minute on New Year's Eve

'This year we exceeded all our plans by a big margin and were overwhelmed by the customer response,' the company said in a statement

Tata Motors' passenger vehicles biz hive-off comes into effect

The hiving off and transfer of Tata Motors' entire passenger vehicle undertaking to Tata Motors Passenger Vehicles Ltd have come into effect from Saturday, the homegrown auto major said on Saturday.

FMCG distributors warn Colgate of taking strict steps over price disparity

Colgate Palmolive (India) said it values the strong relationships with its distributors and is looking to address their challenges

M&M total sales rise 11% in December to 39,157 units

Mahindra & Mahindra (M&M) on Saturday reported an 11 per cent increase in total sales at 39,157 units in December 2021.

ONGC without a chairman as Subhash Kumar retires; no replacement appointed

India's most valuable public sector firm ONGC became a company with no chairman and MD after incumbent Subhash Kumar superannuated and the government did not immediately name his replacement

Honda Cars reports 26% jump in wholesales at 89,152 units for 2021

Honda Cars India Ltd (HCIL) on Saturday reported a 26 per cent year-on-year increase in its domestic wholesales at 89,152 units in 2021.

Maruti Suzuki sales dip 4% to 153,149 units in Dec

In December 2021, the domestic sales slipped 13% to 130,869 units as against 150,288 units in December 2020

Hyundai expects to sustain double-digit sales growth in 2022 as well

Hyundai Motor India expects robust sales to continue in 2022 as well with various positive factors, like improvement in the availability of semiconductors, aiding the business growth.

Tata Motors reports 50% jump in PV sales to 35,299 units in Dec

Homegrown auto major Tata Motors on Saturday reported a 50 per cent jump in total passenger vehicle sales to 35,299 units in December 2021.

Vinod Kannan takes over as Vistara CEO, replaces Leslie Thng

In its statement, Vistara said Deepak Rajawat has been elevated to take up the role of Vistara's Chief Commercial Officer from Saturday onwards.

D2C start-up Mamaearth becomes the first unicorn of 2022 with $52 mn round

Along with launching new brands, Mamaearth's parent company Honasa Consumer will continue expanding distribution for existing brands

Nissan Motor India posts 2-fold jump in domestic wholesales in Dec

Nissan Motor India Ltd reported over two-fold jump in domestic wholesales in December 2021 at 3,010 units for its two brands Nissan and Datsun.

Airbnb's across India are all set to welcome travellers in 2022

With the new year approaching, it may appear that the holidays are coming to an end! But don't be discouraged; vacation season isn't done yet

MG Motor India posts 43% increase in retail sales in 2021 at 40,273 units

MG Motor India on Saturday reported 43 per cent increase in retail sales in 2021 at 40,273 units.

Crypto exchange WazirX fined Rs 49.20 crore for Rs 40,5 cr tax evasion

The GST officials said the Mumbai Commissionerate while investigating the business activities of a cryptocurrency exchange, WazirX, detected GST evasion of Rs 40.5 crore.

After Hindustan Unilever, Colgate items to go off shelves in Maharashtra

Distributors in state to stop supplying Colgate products in phases from January 1

Sebi restructures its advisory committee on market data

Sebi has said the panel will now be chaired by S Sahoo, Professor at National Law University, Delhi

India Inc expects 2022 to be a growth story: Business Standard CEO poll

India Inc to hire more and increase capacity in the new year to meet rising demand

Asheesh Pandey takes charge of Bank of Maharashtra's executive director

Pandey replaced Hemant Kumar Tamta who demitted office after completion of his term

West End Housing applies for small finance bank licence with RBI

Currently, there are about a dozen small finance banks in the country