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Sunday, Sep 25, 2022

Automobile retail sales in India rise 8.31% in August: FADA

September 8, 2022 12:21:00 pm

As per data released by the Federation of Automobile Dealers Associations (FADA), total vehicle retail sales in the country stood at 15,21,490 units last month as compared to 14,04,704 units in August 2021.

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NCLT to ZEEL: Convene shareholder meet on October 14

September 8, 2022 2:44:51 am

NCLT also named a chairperson and scrutiniser for the meeting, as per a regulatory update by ZEEL, which added that the order was received on Wednesday.

Twitter can’t seek rights available to citizens: Govt in HC

September 7, 2022 4:04:07 am

Twitter had moved the court earlier this year with a plea to quash 10 orders issued in the year 2021 by the Centre to block as many as 39 accounts or to restrict the orders to specific tweets which violate Section 69A of the Information Technology Act, 2000.

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Reliance to acquire US-based solar energy software maker for $32 million

September 6, 2022 1:23:18 pm

The acquisition of a 79.4 per cent stake in SenseHawk is part of the conglomerate's aggressive push into renewable energy to decarbonise its oil and chemical-dominated business.

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Cyrus Mistry’s first tryst with life under a spotlight had ended in darkness

September 5, 2022 8:17:37 am

Mistry’s grandfather had first bought shares in Tata Sons in the 1930s, a stake that currently stands at 18.5 per cent and is held by the Mistry family. Cyrus was the brother-in-law to Noel Tata, Ratan Tata’s half-brother.

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‘Adani Group’s debt to go up to Rs 2.6 trillion’

September 4, 2022 10:32:36 am

The analysts have pointed out that while debt levels may have gone up, the cash flows for the group have also grown steadily, with more assets coming on stream and becoming operational.

Twitter “deliberately” defiant to laws of the land: Centre tells Karnataka HC

September 4, 2022 10:32:28 am

In its petition, Twitter had claimed that freedom of speech is affected by the takedown notices of the government.

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Who is Laxman Narasimhan, the Starbucks’ new CEO?

September 4, 2022 10:32:26 am

Laxman Narasimhan Starbucks New CEO: A veteran in the FMCG industry, Laxman Narasimhan will be relocating from London to Seattle to join Starbucks as their incoming CEO in October 1.

New Starbucks CEO: Pune native set to lead coffee giant, alma mater brewing with pride

September 3, 2022 1:11:08 am

Laxman Narasimhan was CEO of Reckitt, which also makes Durex condoms, Enfamil baby formula and Mucinex cold syrup. He announced his departure from that post earlier in the day, and FTSE-listed Reckitt's shares fell 4%.

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Need I-T nod for share transfer, says NDTV; Adani rejects claim

September 2, 2022 2:54:58 am

As per the loan agreement RRPRH signed with Vishvapradhan Commercial Private (VCPL) in 2009, the I-T had estimated a capital gains tax of Rs 175 crore “arising on the sale of controlling interest in NDTV to VCPL”.

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‘Incorrect evidence’ by Twitter: Govt to HC

September 2, 2022 2:49:19 am

The government has also said that Twitter has been a “habitual non-compliant platform for several years”. Justifying the need to issue blocking orders, it said that hate content has been on the rise in the online space, including on Twitter and that it is the company’s “failure” to not prevent misinformation on its platform.

Ashok Leyland total vehicle sales jumps 51 pc to 14,121 units in August

September 1, 2022 4:30:35 pm

The Hinduja Group flagship had sold a total of 9,360 vehicles in August 2021.

Bajaj Auto total vehicle sales rise 8 pc in August

September 1, 2022 4:24:43 pm

Total domestic sales rose 49 per cent to 2,56,755 units in the month under review, from 1,72,595 units in August 2021.

TVS Motor Company sales rise 15 pc in August

September 1, 2022 4:18:47 pm

The total two-wheelers sales grew by 15 per cent last month to 3,15,539 units compared to 2,74,313 units in August 2021.

Mahindra & Mahindra posts 87 pc jump in domestic passenger vehicles sales in August

September 1, 2022 3:51:45 pm

In the commercial vehicles segment, the company said it sold 21,492 vehicles in August 2022, as against 8,814 units in the same month last year.

Maruti Suzuki’s total sales up by 26 pc in August

September 1, 2022 3:34:41 pm

Total domestic passenger vehicle sales were at 1,34,166 units as compared to 1,03,187 units in the year-ago month.

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Bajaj Auto total vehicle sales rise 8% to 4,01,595 units in August

September 1, 2022 3:04:27 pm

Total domestic sales rose 49 per cent to 2,56,755 units in the month under review, from 1,72,595 units in August 2021.

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Maruti very important part of Suzuki Japan; organisational changes in offing: RC Bhargava

August 31, 2022 2:01:01 pm

Bhargava also said the company will chart out its strategy for entering the compressed biomethane gas fuel as suggested by Prime Minister Narendra Modi at the company's 40th year celebration at Gandhinagar on Sunday.

Reliance Jio 5G in 4 metros within 2 months: Mukesh Ambani at AGM

August 30, 2022 5:55:08 am

Jio, which had emerged as the largest bidder in the 5G spectrum auctions held earlier this month, had purchased airwaves worth more than Rs 88,000 crore.

mukesh ambani, ril agm

Ambani details succession plan – retail to Isha, energy to Anant

August 29, 2022 5:24:11 pm

Just like his business, Ambani, 65, also has three children -- twins Akash and Isha, and youngest son Anant.

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Succession, spinoffs in focus in Mukesh Ambani’s big speech

August 29, 2022 1:03:55 pm

This year, investors in the Indian billionaire’s Reliance Industries Ltd. will be looking for insight around the conglomerate’s 5G rollout, how Ambani plans to unlock the value of his telecommunications and retail units through separate listings, and when and how his children will take over the reins.

Reliance to stream AGM on virtual reality platform, five social media platforms

August 29, 2022 12:31:25 pm

Reliance Chairman and Managing Director Mukesh Ambani will virtually address shareholders at the 45th annual general meeting on Monday afternoon.

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Reliance AGM 2022 News Highlights: Ambani shares 5G rollout plan, retail arm to launch FMCG biz

August 30, 2022 10:31:46 am

Reliance AGM 2022 Highlights, JIO 5G Services Announced: Reliance Industries (RIL) Chairman Mukesh Ambani is addressing the shareholders at the company's 45th annual general meeting (AGM) today. He said that Reliance Jio will launch 5G services in key cities by Diwali.

NDTV promoters seek regulatory clarification on VCPL deal

August 29, 2022 10:28:36 am

Billionaire Gautam Adani's conglomerate last week said it was seeking to control a majority stake in NDTV. 

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PM: Maruti Suzuki’s success symbol of strong India-Japan partnership

August 29, 2022 7:46:17 am

Modi also congratulated Maruti Suzuki for completing 40 years of partnership, calling it a symbol of the strong partnership between India and Japan.

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