Page 464 - Company News

Interest for electric vehicles from Tier-II,- III cities surprising: M&M

M&M launched the BE 6e at a starting price of Rs 18.9 lakh (ex-showroom), as well as the XEV 9e at a starting price of Rs 21.9 lakh (ex-showroom), in November last year

Maruti Suzuki aims to become India's largest EV maker within a year

Company's new launch e-Vitara will be available with a range of more than 500 km

New EV launches to boost consumer confidence, says TaMo's Chandra

Tata Motors is the leader in the electric car market with about a 62 per cent share

Bharat Mobility Global Expo 2025: Tata Motors demerger by mid-FY26

CV division showcases 14 products at Bharat Mobility

IHCL takes Qmin to QSR space, aims to make it a Rs 200-crore brand

Hotels behemoth records 20% rise in PAT and revenue in Q3

ICICI Lombard Q3FY25 results: Net profit jumps 67.9% to Rs 724 crore

The Gross Direct Premium Income (GDPI) slipped by 0.3 per cent to Rs 6,214 crore from Rs 6,230 crore in Q3 FY24 due to the new premium accounting norms

SBI Life Insurance Q3 results: Net profit rises 71% to Rs 551 crore

The insurer's VNB margin, a measure of profitability for life insurance companies, remained at 26.9 per cent in Q3 FY25

Coal India eyes 4-5% FY25 growth, CMD optimistic on key coalfield targets

During April to December 2024, CIL recorded a production of 543.4 mt, a growth of 2.2 per cent over the same period last year

Rallis India Q3 results: Net profit declines by 54.16% to Rs 11 crore

The company's net profit stood at Rs 24 crore during the corresponding period of the previous financial year, Rallis India said in a regulatory filing

Govt considering KIOCL-NMDC merger, says Steel Minister Kumaraswamy

The government is considering merging pellet maker KIOCL with iron ore major NMDC

Indian Hotels Q3FY25 results: Net profit rises 29% to Rs 582 crore

Moreover, in Q4 and the subsequent quarters of the next financial year, the sector is expected to continue to witness demand buoyancy on account of large-scale regional events

Govt approves Rs 11,440 crore for debt-laden Rashtriya Ispat Nigam revival

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved the revival plan for RINL for Rs 11,440 crore, it added

Tech Mahindra Q3FY25: Net profit jumps 93% to Rs 983 cr, revenue up 1.4%

Tech Mahindra Q3 FY25 results: Sequentially, however the company's net profit dropped 21.4 per cent from Rs 1,250.1 crore

Suzuki Motorcycle India launches electric scooter e-Access, 2 other models

Expanding its presence in the Indian two-wheeler market, Japan-based Suzuki Motor Corporation's subsidiary, SMIPL, has taken a significant step towards electric mobility with e-Access

Coal India targets 4-5% production growth in FY25 despite challenges

He expressed optimism about getting closer to the target, citing the performance of subsidiaries Mahanadi Coalfields, Northern Coalfields Ltd and Western Coalfields Ltd, which is on track

IIFL Finance raises $325 million via issuance of international bond

The lender had faced RBI restrictions on its gold financing business last year, which got lifted in September 2024

HDFC Bank, Hindustan Unilever squeeze amidst middle class struggles

HDFC Bank and Kotak Mahindra Bank are expected to report increases in bad loans, which should lead to higher provisions and weigh on quarterly profit

Denta Water IPO to open on Jan 22, sets price band at Rs 279-294 per share

The IPO is entirely a fresh issue of 75 lakh equity shares worth Rs 220.5 crore at the upper end of the price band

GAIL settles $1.8 bn claim against former Gazprom unit for $285 million

It sought $1.817 billion in compensation for the default in delivery of committed cargoes by SEFE

Dubai's Emaar confirms stake sale talks with Adani Group for Indian ops

Dubai's Emaar confirms it's in talks with Adani Group to sell a stake in its Indian subsidiary. The deal, valued at Rs 40-50 billion, is still being finalised