New Delhi, Electric vehicle maker Euler Motors on Wednesday said it has raised an additional Rs 200 crore in Series C funding round.Existing investors such as British International Investment, Bloom Ventures and former investor Piramal Alternatives India Access Fund led the new investment in...
New Delhi, Domestic mobile maker Lava International Ltd has appointed Rajes Sethi as the new group chief financial officer (CFO), the company said on Tuesday.The statement said Sethi, who has more than 27 years of financial management and strategic planning experience, will oversee Lava's...
Kolkata: Two Kolkata Metro rakes manufactured by renowned locomotive maker Dalian arrived in the city from China, an official said on Monday.These two new rakes are part of the firm's order of 14 rakes. While the rakes are already in use, the two latest rakes arrived at Noapada shed on May 26...
New Delhi, Auto components maker Bosch on Friday reported a 41 per cent rise in consolidated net profit after tax for the March quarter at Rs 564 crore.In the same period a year ago, the company had made a net profit of Rs 399 crore.The company's total income rose to Rs 4,459 crore in the...
New Delhi, Bathware and tiles maker Asian Granito India Ltd (AGL) has reported narrowing of its consolidated net loss to Rs 5.46 crore in the quarter ended March 2024 due to increased operating efficiency and lower expenses.The company said in an exchange filing on Thursday that it had...
New Delhi, Home textile bed linen maker Indo Count on Friday announced it has entered into a licensing agreement with US-based brand management company Iconix International for two iconic brands for the US and Canadian markets.Under the agreement, Indo Count will bring two brands, Fieldcrest...
CHENNAI: Wheels India Ltd, a steel wheel maker for trucks, agricultural tractors, passenger vehicles and construction equipment, plans Rs 200 crore as capital expenditure for the current financial year, a top official has said.The capital expenditure will be spent on offload tractors...
Altman responded to a media report claiming that the Chatji maker had canceled employees' vested equity (or stock options) in the company following two high-profile departures.Altman said they would never do it "if people don't sign the separation agreement (or agree to the non-disparagement...
New Delhi: American electric car maker Tesla is 'silent' and has not yet informed the government about its plans for India under the new EV policy, an official said on Friday.US tech billionaire Elon Musk, who was scheduled to visit India on April 21-22, postponed his visit at the last minute...
New Delhi: Steel maker SAIL on Wednesday said it has come up with a new policy where employees can work from any location other than their designated workplaces.SAIL said in a statement that company Chairman Amarendu Prakash on Tuesday initiated the policy of working from locations other than...
New Delhi: Consumer electronics and appliances maker Veera on Monday said it will invest Rs 450 crore to set up a new manufacturing unit in Greater Noida to expand the capacity of air coolers and washing machines.As a result of this investment, the current production capacity of washing...
Munich/Berlin, 13 May 2024 -ESMT Berlin and the BMW Group are partnering for the third time to offer the BM Group Change Maker Fellowship. 10 full-tuition fellowships for the ESM Global Online MBA will help ambitious young mathematics or technology professionals accelerate positive and...
VMP Munich/Berlin [Germany], May 13: ESMT Berlin and the BMW Group are partnering for the third time to offer the BMW Group Change Maker Fellowship. The first full-tuition fellowships for the ESMT Global Online MBA will help ambitious young mathematics or technology professionals accelerate...
New Delhi, Pipes maker Finolex Industries Ltd has reported nearly 2 per cent rise in its standalone profit after tax for the March 2022 quarter at Rs 161.43 crore on the back of higher revenue.The company said in a statement on Saturday that it had earned a profit after tax of Rs 158.35 crore...
The company had made a net profit of Rs 859 crore in the same quarter last year.The bike maker reported 14.6 per cent growth in total revenue at Rs 9,519 crore in Q4FY24, compared to Rs 8,307 crore in the same period last year.HeroMotoCorp declared a final dividend of Rs 40 per share of face...
New Delhi, Luxury sports car maker Porsche India on Tuesday reported a 15 per cent rise in sales to 244 units in the first quarter of 2024.Porsche India said in a statement that the company had sold 213 units in the same quarter last year.In 2023, Porsche India recorded its highest ever...
The iPhone maker aims to run AI software in data center servers to give the company an edge, The Wall Street Journal reported Tuesday.The report states that 'Project ACDC' (Apple Chips in Data Center) will first use indigenous chips in the company's own servers.The tech giant is likely to...
New Delhi, Food products major Britannia Industries expects "double-digit growth" in sales with "inflation remaining manageable" after the general elections and monsoon season, its vice chairman and managing director Varu Beri said on Monday. .The company "expects a recovery in consumption"...
New Delhi, Tire maker MRF on Friday reported a 16 per cent rise in its consolidated net profit to Rs 396 crore for the fourth quarter ending March 2024.The company had reported a net profit of Rs 341 crore in the January-March quarter of the last financial year.Revenue from operations...
New Delhi, Tire maker CEAT on Thursday reported a 23 per cent decline in its consolidated net profit at Rs 102 crore for the fourth quarter ending March 2024.The company had earned a net profit of Rs 132 crore in the January-March quarter of 2022-23.Its revenue from operations increased from...