Page 562 - Company News

Toyota to Launch Maruti Suzuki eVX-based Electric SUV in India by 2025

EV unit and platform used for this model were jointly developed by SMC, TMC, and Daihatsu Motor Corporation, leveraging each company's strengths

Petrol pump dealer commission raised, retail prices remain unchanged

BPCL said intra-state freight rationalisation will reduce price disparities in petrol/diesel, benefiting consumers, especially in remote areas

Ola Electric expands service by 30%; adds over 50 centres, 500 technicians

The Softbank Group-backed firm, which commands nearly a third of the market share in India's e-scooter market, has added more than 50 service centres and has hired over 500 service technicians

Star Health reports Q2 PAT at Rs 111.29 cr, dip from Rs 125.30 cr last yr

The company's Profit After Tax for Q2FY25 stood at Rs 111 crore, it said

After 10-minute deliveries, quick commerce firms test flash return services

Just last week, Blinkit rolled out 10-minute returns and exchanges for clothing and footwear in select cities, while Swiggy Instamart and Zepto are reportedly exploring similar features to keep up

L&T wins 'major' orders in West Asia, Africa to expand high-voltage grid

The orders are estimated to be valued between Rs 5,000 crore and Rs 10,000 crore

Coca-Cola may cut prices to face competition from Reliance's Campa Cola

Coca-Cola's price cut comes amid rival Campa Cola's aggressive expansion and lower pricing. The Reliance-backed brand's price strategy has pushed rival brands to adjust their strategies

Suzuki's India unit to manufacture first battery-electric SUV for Toyota

Production for battery electric vehicles (BEVs) from Suzuki to begin in spring 2025

Cipla Q2 results: Net profit rises 15% to Rs 1,303 crore, revenue up 5.6%

Cipla eyes growth in the Indian and US markets with upcoming launches

Ambani's Reliance plays catch-up to ride quick commerce wave in country

Reliance plans to leverage its 3,000 supermarkets in 1,150 cities for quick deliveries by deploying small teams operating from dedicated kiosks inside

AI will change nature of work, but won't lead to job losses: Axis Bank

Axis Bank spent nearly two years on so-called 'hyperpersonalization' for its app, which includes nudges for customers when their salaries get deposited or when bills come due, its digital head said

Realty cos raise over Rs 12,800 cr between Jan-Sept 2024 via QIPs: Report

17% of total funds raised through QIPs in 9 months of 2024 went to real estate firms. Renewable energy tops the list

RBI allows home loan disbursals sanctioned before Oct 20: Navi Finserv

Earlier this month, the RBI had ordered Navi Finserv to cease and desist from sanctioning and disbursing loans effective from the close of business of October 21

TCS signs 15-year deal with Irish govt to manage pensions of 800K workers

IT services company will provide 'end-to-end digital solution' for automatic enrolment in pension scheme

JSW Group, Korea's POSCO announce deal to set up steel plant in India

Joint venture will collaborate in renewable energy, battery materials for electric vehicles

SIM consolidation to normalise over 2 quarters: Airtel MD & CEO Vittal

Incumbent CEO Vittal to take up some roles of Bharti Enterprise Chairman Sunil Mittal

Festive boost: Flipkart records 7.2 billion customer engagement visits

The e-commerce firm also witnessed a record 282 million unique visitors during the period, primarily driven by premiumisation and personalised preferences, especially in metros and Tier-2+ cities

HDFC Standard Life buys PNB Housing Finance's shares worth Rs 90 cr

According to the block deal data available on the BSE, HDFC Standard Life Insurance Company Ltd purchased a little over 10 lakh shares or 0.4 per cent stake in PNB Housing Finance

Fortis Healthcare gets CCI nod to acquire stake in Agilus Diagnostics

The competition watchdog CCI on Tuesday approved Fortis Healthcare's proposal to acquire an additional 31.52 per cent stake in Agilus Diagnostics.

Eros case: Sebi fines 17 cos Rs 12 lakh each for not complying with summons

The regulator levied a fine of Rs 12 lakh each on the 17 entities and the amount needs to be paid within 45 days, according to Sebi's order