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New Delhi, Electric scooter maker Bounce Infinity on Friday said it has partnered with Zap Electric Vehicles Group for contract manufacturing of electric vehicles (EVs).Under the agreement, Bounce Infinity will provide contract manufacturing services for Zap's EVs based on specifications...

New Delhi, Steel pipe maker JTL Industries Ltd on Wednesday reported a 21 per cent rise in its net profit to Rs 30.70 crore for the quarter ended June 30, helped by higher revenue.The company said in an exchange filing that it had made a profit of Rs 25.36 crore in the April-June period of the...

Chennai, Two-wheeler and three-wheeler maker TVS Motor Company on Wednesday expanded its product portfolio by launching its popular motorcycle TVS Apache 2024 RTR 160 Racing Edition at Rs 1.28 lakh (ex-showroom Delhi).Equipped with a host of features, the motorcycle comes with an exclusive...

New Delhi: Shares of steel wire maker Bansal Wire Industries Ltd on Wednesday debuted in the market with a 39 per cent premium over the issue price of Rs 256.The stock was listed at Rs 352.05 on BSE, showing a jump of 37.51 per cent. It rose 44 percent to Rs 368.70.It started trading on NSE...

Kolkata: Electric two-wheeler maker Ather Energy hopes to increase its market share by entering the family scooter segment. A company official gave this information on Friday.The Bengaluru-based company has been manufacturing sporty scooters till now."The company has now entered the family...

New Delhi, Auto component maker Samvardhan Motherson International Ltd on Friday said it has raised US $ 350 million (about Rs 2,920 crore) by issuing notes.The notes were issued by step-down subsidiary, SMRC Automotive Holdings Netherlands BV (SAHN BV), backed by the corporate guarantee of...

New Delhi: Tire maker CEAT on Tuesday said it has promoted Vishal Pawar to the role of senior vice president - global sales and supply chain.Pawar, who was leading the replacement sale as vice president, replaces Saurav Mukherjee, who has resigned after a tenure of more than four years in the...

New Delhi, Motorcycle maker Royal Enfield on Tuesday said its total sales declined by 5 per cent to 73,141 units in June, compared to 77,109 units sold in the same month a year ago.Royal Enfield said in a statement that domestic sales stood at 66,117 units last month, down 2 per cent from...

New Delhi, Concreting equipment maker AJAX Engineering on Tuesday said it has launched Concrete GPT, an AI-powered platform for the concrete and construction industry.The platform is available in English, Hindi, Telugu, Marathi and Kannada.It aims to serve construction and concrete experts...

New Delhi, Commercial vehicle maker Ashok Leyland Ltd on Friday said it has partnered with Bajaj Finance for vehicle financing across India.The company has signed a memorandum of understanding (MoU) with Bajaj Finance, a part of Bajaj Finserv, for this purpose, Ashok Leyland said in a...

New Delhi, Leading cement maker UltraTech Cement on Thursday said it will acquire about 23 per cent stake in Chennai-based India Cements Ltd for up to Rs 1,885 crore.A regulatory filing by UltraTech Cement said the company's board of directors at its meeting held on Thursday approved "making...

On Monday, a fire broke out at lithium battery maker Aricell in Hosseong, south of Seoul, killing 23 workers, mostly foreigners. Eight others were also injured in the fire, Xinhua news agency reported.Police and the Labor Ministry are investigating what could be the deadliest industrial...

New Delhi, Construction equipment maker SANY India on Wednesday said it has partnered with Union Bank of India to provide financing solutions to its customers.SANY India said in a statement, the company has signed a Memorandum of Understanding (MoU) with Union Bank of India with the aim of...

New Delhi: Foreign investor Copthal Mauritius Investment on Tuesday bought shares of railway goods wagon maker Jupiter Wagons for Rs 214 crore through an open market transaction.According to bulk deal data available with the National Stock Exchange (NSE),Copthol Mauritius Investments...

New Delhi, Chinese smartphone maker Xiaomi on Tuesday announced its partnership with former Indian cricketer Yuvraj Singh's foundation YouWeCan to launch a breast cancer screening initiative for women across India.The Healthy Women Healthy India initiative aims to screen 1,50,000 women across...

Mumbai: Killer jeans maker KKCL is aiming to invest over Rs 35 crore in the current financial year to expand manufacturing capacity and open new outlets, a senior official said on Wednesday.Its joint managing director Hemant Jain told reporters here that the company plans to increase the total...

New Delhi, Specialty agrochemical maker Best Agrolife Ltd on Wednesday said it has received regulatory approval for a new patented pesticide formulation called Nemagen to target resistant pests that cause major crop damage.The company is planning to launch this product in JulyLepidopteran...

New Delhi: Urvi T & Veg Lamps Ltd on Wednesday said it has agreed to acquire up to 55 per cent stake in power systems and defense equipment maker SKL (India) Pvt Ltd for about Rs 20 crore.The leading LED lamp maker for automotive and home applications said in a statement that it will acquire...

Mumbai: Diamond maker Jewels by Preeti on Monday said the company plans to open 15 retail stores across major cities in the country by the end of this year.This strategic expansion is aimed at capturing a significant share in the offline market by providing last-mile connectivity and meeting...

New Delhi: Kitchen and small home appliances maker Butterfly Gandhimathi Appliances said on Saturday that its Managing Director Rangarajan Sriram has resigned.His resignation is effective from June 14, 2024.The company has appointed Shweta Sagar as Manager and Chief Business Officer. A...