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SPARC rebound depends on trial outcomes of other assets, focused, lean R&D approach may help absorb setbacks

SPARC and its partner Sun Pharma said they will "evaluate the appropriate next steps", but the setback sent its shares tumbling nearly 18% on the BSE on Wednesday.

Tata Power invests over Rs 4,200 crore in network expansion, upgrade in Odisha

The company operates four Discoms in joint ventures with the government of Odisha - TP Central Odisha Distribution (TPCODL), TP Western Odisha Distribution (TPWODL), TP Southern Odisha Distribution (TPSODL), and TP Northern Odisha Distribution Limited (TPNODL), collectively serving a customer base of over 9 million.

Tata Motors partners Bajaj Finance for commercial vehicle finance

The company has signed a memorandum of understanding (MoU) with Bajaj Finance Ltd, part of Bajaj Finserv Ltd, for the same and customers will benefit from the latter's wide reach, competitive interest rates, flexi loan and digitally-enabled loan processing, Tata Motors said in a statement.

Maruti Suzuki rolls out fourth-generation Swift starting at Rs 6.49 lakh

The all-new Swift would also be available on a monthly subscription of Rs 17,436, the company announced.

Suzlon bags 30 MW wind power project from EDF Renewables

As part of the order, Suzlon will install 10 Wind Turbine Generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3 MW each in Gujarat, a company statement said.

Spandana Sphoorty Financial net profit jumps 79% to Rs 127 crore

Asset quality improved with gross bad loan ratio declining to 1.51 from 5.31 and net bad loans ratio to 48 basis points from 2.52, Shalabh Saxena, managing director of the company said in a statement.

India’s tea output, exports likely to be lower this year

Despite the decline in production, however, prices continue to remain weak.

Over 10 super specialty hospitals to come up at Rs 5,000 crore 'Medico City' in Ranchi

Chief Minister Hemant Soren held a high-level meeting with senior government officials, and a consultancy agency regarding it on Wednesday.

Apple CEO Tim Cook sees India at a ‘tipping point’ as China pivot quickens

Apple CEO Tim Cook said that they see opportunities across the board in India, including its burgeoning services business

IRB Infrastructure March toll collection revenue grows 20% to Rs 370 crore

During the same month last year, "the toll revenue from the subsidiaries and joint venture entities of the company was at Rs 306.6 crore," IRB Infrastructure Developers said in a regulatory filing on Monday.

Havells India partners with Swedish tech startup Blixt Tech AB

By introducing SSCB, Havells is strengthening its position in the switchgear segment. It also highlights Havells' focus on innovative and future-ready solutions, said a joint statement.

From manual pricing to ChatGPT: How Air India is transforming under Tata

In another sign of the formerly government-owned carrier's whirlwind transformation under its new owner Tata Group, Air India is testing ChatGPT, OpenAI's popular chatbot, to replace paper-based practices.

NSE, BSE to put Adani Power under short term ASM again

Adani Power is shortlisted in short-term ASM framework Stage-I effective March 23, according to separate circulars available on the exchanges.

Adani plans to repay up to $790 million share-backed loans by March: Report

Adani Green Energy also plans to refinance its 2024 bonds via a $800 million, three-year credit line, said the sources, who declined to be named as they were not authorised to speak to the media.

Non-basmati rice exports touch $6.11 billion in 2021-22

According to the Directorate General of Commercial Intelligence and Statistics data, India had exported non-basmati rice worth $2 billion in 2019-20, which rose to $4.8 billion in 2020-21 and $6.11 billion in 2021-22.

Volvo announces expansion of its R&D operations in India

As part of the expansion in the country, Volvo Group Deputy CEO Jan Gurander laid the foundation for the 'Vehicle TechLab' for Volvo Group's research and development operations in India, the group said in a statement.

Govt gets Rs 6,665 crore dividend from BPCL for FY21

"Govt received final dividend of Rs 6,665 crore from BPCL for the FY 2020-21. This includes special dividend on account of gains especially on sale of BPCL’s stake in Numaligarh Refinery in March 2021," DIPAM Secretary Tuhin Kanta Pandey tweeted.

In pics | Here's what you should know about the new Hyundai Alcazar

With a wheelbase that is 150mm longer than the Creta's, the Alcazar has third-row seating. Diesel variant: 1.5-litre engine, 115 bhp, 25.5 kgm torque. Petrol: 2-litre engine, 157 bhp, 19.5 kgm torque.

More than half of new Mercedes-Benz S-Class, costing Rs 2.17 crore, sold even before launch

India was allotted 150 units of the seventh generation S-Class, whose official launch is on June 17. Less than 10 days ago, Mercedes-Benz had announced a ‘stock out’ of all the 50-plus units of the Rs 2.43 crore-Maybach GLS 600 4Matic even before its launch.

India plans to allow relinquished coal-fired plants to sell power

The proposal, if approved, would help old coal plants earn additional revenue, increase liquidity in short-term power markets and help distribution companies in states facing a power deficit access cheaper power, the ministry said in the draft proposal dated Friday.