Page 2654 - Company News

M&M reports sale of 40,403 units in March, exports stand at 2,126 units

The company had dispatched 6,679 units in March 2020 amid sales disruptions due to Covid-19 pandemic

Walmart's PhonePe leads UPI payments, crosses 1 bn transactions in March

The development comes at a time when UPI has broken a new record, crossing Rs 5 trillion in value in March across 2.73 billion transactions

MG Motor India sees retail sales of 5,528 units in March on robust demand

'The highest monthly sales achieved in March 2021 are very encouraging with momentum continuing for our product lines', said the chairman

Bharat Electronics achieves record turnover of Rs 13,500 cr during 2020-21

BEL achieved export sales of around $50 million during 2020-21

Covid-19 second wave to hit Gems and Jewellery; auto dealers: Crisil

Six of 42 sectors covered by study are highly sensitive to a pandemic resurgence, while 20 are moderately sensitive

Ashok Leyland M&HCV truck sales grew over 10-fold in March

Analysts say increase in infrastructure spending, improved consumer sentiments, better freight rates are some of the key drivers of the superior show.

Former RBI Governor Urjit Patel appointed Additional Director of Britannia

He has been appointed as the Additional Director with effect from March 31 for a five-year period

Tata Motors reports sale of 66,609 units in domestic market in March

Total passenger vehicle sales last month stood at 29,654 units. The company had sold 5,676 units in March 2020

India's largest carmaker Maruti Suzuki reports March sale at 167,014 units

The country's largest carmaker Maruti Suzuki India (MSI) on Thursday reported total sales of 1,67,014 units in March

Indian Oil Corp prepares to make vehicles run on clean hydrogen in 2022

IOC's R&D division is also in the process of closing a tender to generate clean hydrogen and demonstrate running of vehicles with this fuel

PLI deadline: Device makers likely to knock on PMO door for extension

The scheme was the first among the 10 new PLI schemes across various sectors which was announced last September

Tata Consumer to divest stake in US-based Empirical Group, Southern Tea

Tata Consumer Products Ltd (TCPL) on Thursday announced exit from its two US-based joint ventures by selling its stake to the JV partner Harris Tea Company LLC

Apollo LogiSolutions ties up with Indigo for new vaccine delivery platform

The company is also in talks with vaccine makers - Serum Institute of India, Bharat Biotech, Zydus Cadilla and Aurobindo Pharma for vaccine supplies

Toyota Kirloskar sells 15,001 units in March, highest in the month in 8 yrs

Toyota Kirloskar Motor on Thursday said it sold a total of 15,001 units in March, registering the highest ever domestic sales in the month of March since 2013

Indiabulls Housing Finance says CRISIL has upgraded outlook to stable

Agency affirms company's long-term credit rating of "AA" and short term of "A1+"

Hindustan Aeronautics denies having business links with Myanmar's military

Hindustan Aeronautics Limited (HAL) has denied having any business links with the military forces in Myanmar

Wipro to acquire Australian cybersecurity provider Ampion for $117 million

Ampion was formed through the merger of IT services providers Revolution IT and Shelde

Data breach allegations: MobiKwik forensic audit gets moving on RBI order

Payments firm says working closely with requisite authorities to conduct independent audit

SBI inks $1-bn loan agreement with Japan Bank for International Cooperation

This takes the total facility to $2 bn, including $1 bn, which was signed last year in Oct 2020

Manipal Hospitals to sell minority stake to NIIF for Rs 2,100 crore

The amount raised would be partly used to fund the company's acquisition of Columbia Asia Hospitals' India business