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New Delhi, Auto component maker Amforce Autotech Ltd on Friday said it will raise Rs 54 crore through its initial share sale for public subscription on April 23.The initial share sale of the Panchkula-headquartered company involves a fresh issue of 54.99 lakh equity shares with a face value of...

New Delhi: Computer chip maker Intel on Friday announced that Santosh Vishwanath will lead its India region business as its managing director (MD).Vishwanathan has been with Intel for almost 21 years."In March this year, Intel announced India as a separate region within its SM (Sales...

New Delhi, Automotive fastener maker Sterling Tools on Thursday said its subsidiary has tied up with South Korea's Yongin Electronics to set up a manufacturing plant for EV components in India.The subsidiary has signed a memorandum of understanding (MOU) with Yongin, a major supplier of...

Kolkata, Vesuvius India Ltd, a part of UK-based refractory maker Vesuviu Group, on Thursday said it plans to invest around Rs 1,000 crore in the country over the next few years.Vesuvius Group Chief Executive Patrick Andre said that given the state of development in India, the quantum of...

The bike maker reported revenue of Rs 11,554.95 crore in the January-March quarter, up from Rs 9,192.73 crore during the same period last year.According to a stock exchange filing, the company's board approved a dividend of Rs 80 per share of face value Rs 10 on equity shares for the financial...

New Delhi, Commercial vehicle maker Ashok Leyland Ltd on Thursday said it has partnered with South Indian Bank for financing dealers.The company has signed a memorandum of understanding (MoU) to provide financing to dealers under the bank's Dealer Finance Programme, Ashok Leyland said in a...

New Delhi, Aerospace component maker JJG Aero has raised funding of Rs 100 crore from CX Partners.The funds will be used primarily to expand the manufacturing capacity of its new facility, further vertical integration and other corporate initiatives, according to a release.Established in...

The leading chip maker will host its flagship developer conference in Hyderabad on April 17, bringing together more than 150 developers, engineers and industry leaders to discuss advancements in technologies.“India's growing STEM (science, technology, engineering and mathematics) talent pool...

New Delhi: Cigarette maker Godfrey Phillips India on Friday said it has decided to exit its loss-making retail business 24Seven.Godfrey Phillips India's regulatory update said the company's board, in a meeting held on Friday, "decided to exit the business operations of its retail business...

New Delhi, Electric vehicle maker Omega Seiki Mobility (OSM) on Friday launched Stream City QQ, a passenger electric three-wheeler that can be charged in 1 minute.According to a company release, the vehicle is priced at Rs 3,24,99 (ex-showroom) and comes with a warranty of 2 lakh kilometers or...

New Delhi [India], iPhone maker Apple has issued a series of new notifications to users in 91 other countries including India, cautioning them against 'Mercenary spyware' including the Pegasus malware that has caused significant hacking in recent days. Has given rise to controversies. These new...

New Delhi, Auto component maker Uno Minda on Wednesday said it has started construction work on a passenger vehicle alloy-wheel plant in Haryana, which will entail an investment of Rs 542 crore.The facility is located at IMT Kharkhoda in Haryana, and will have a production capacity of 1.2 lakh...

Chennai: Drone maker Garuda Aerospace on Wednesday said it has received the first order from ISRO for the supply of its state-of-the-art quadcopter drones.Equipped with machine learning and artificial intelligence, the quadcopter drone will significantly increase efficiency in the operations...

New Delhi: Drug maker Lupine on Wednesday said it has launched the generic version of Oracea capsules in the US market.The company said it has launched the drug to treat inflammatory lesions (papules and pustules) of rosacea following approval from the US Food and Drug Administration (USFDA)...