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  • Kia India logs 69% rise in total sales at 24,025 units in November Dec 01, 2022 02:19 PM IST

    Kia India logs 69% rise in total sales at 24,025 units in November

    The company had sold 14,214 units in the same month last year, Kia India said in a statement.

  • Ashok Leyland sales up 39% to 14,561 units in November Dec 01, 2022 02:16 PM IST

    Ashok Leyland sales up 39% to 14,561 units in November

    The company had dispatched 10,480 units to its dealers in the same month last year, Ashok Leyland said in a statement.

  • Alembic Pharma gets USFDA nod for generic drug Dec 01, 2022 02:13 PM IST

    Alembic Pharma gets USFDA nod for generic drug

    The approval by the US Food & Drug Administration (USFDA) for the abbreviated new drug application (ANDA) of diclofenac sodium topical solution is for strength of 2 per cent, the company said in a statement.

  • Coal India's April-November production rises 17% to 412.6 MT Dec 01, 2022 02:11 PM IST

    Coal India's April-November production rises 17% to 412.6 MT

    The PSU had produced 353.4 MT in the April-November period of the last financial year.

  • Hyundai logs 36% increase in total sales in November Dec 01, 2022 02:03 PM IST

    Hyundai logs 36% increase in total sales in November

    The company had dispatched 46,910 units to dealers in the same month last year.

  • Nissan Motor total wholesales up 20% in November Dec 01, 2022 12:26 PM IST

    Nissan Motor total wholesales up 20% in November

    The automaker had dispatched 5,605 units in November 2021.

  • Toyota Kirloskar sales dip 10% in November Dec 01, 2022 12:23 PM IST

    Toyota Kirloskar sales dip 10% in November

    The company had sold 13,003 units in the domestic market in the year-ago period.

  • Adani Green raises Rs 1630 crore through subsidiary Dec 01, 2022 12:13 PM IST

    Adani Green raises Rs 1630 crore through subsidiary

    The project loan facility is supported by MUFG Bank and Sumitomo Mitsui Banking Corporation with equal participation, a company statement said.

  • Zydus gets USFDA nod to market generic epilepsy drug Dec 01, 2022 12:04 PM IST

    Zydus gets USFDA nod to market generic epilepsy drug

    The company said it has received the final approval from the US Food and Drug Administration (USFDA) to market the product in multiple strengths.

  • Agritech firm Cropin on track to raise $50-70 million by mid 2023 from tech companies, investors Dec 01, 2022 12:01 PM IST

    Agritech firm Cropin on track to raise $50-70 million by mid 2023 from tech companies, investors

    The amount to be raised will be used for expansion of operations across different markets, and to scale up the platform and its AI Labs initiative.

  • Skoda reports two-fold increase in November sales Dec 01, 2022 11:01 AM IST

    Skoda reports two-fold increase in November sales

    The company had sold 2,196 units in the same month last year.

  • Bajaj Auto sales dip 19% in November Dec 01, 2022 10:55 AM IST

    Bajaj Auto sales dip 19% in November

    Total sales in the domestic market stood at 1,52,716, down 4 percent from 1,58,755 units in the same month last year, the company said in a regulatory filing.

  • MG Motor retail sales up 64% in November at 4,079 units Dec 01, 2022 10:53 AM IST

    MG Motor retail sales up 64% in November at 4,079 units

    The automaker had sold 2,481 units in the same month last year.

  • DeHaat raises $60 million from investors including Temasek Dec 01, 2022 10:08 AM IST

    DeHaat raises $60 million from investors including Temasek

    In a statement, DeHaat said "it has raised USD 60 million in a new financing round." Sofina Ventures and Temasek co-led the Series E funding, with other existing investors RTP Global Partners, Prosus Ventures and Lightrock India also participating in the round.

  • SIA's financial outlay for Vistara-AI merger 'minimal' considering 25.1% stake buy in AI Nov 30, 2022 01:48 PM IST

    SIA's financial outlay for Vistara-AI merger 'minimal' considering 25.1% stake buy in AI

    Singapore Airlines (SIA), which commenced services to India more than 50 years ago, expects to immediately gain exposure to an entity that is four to five times larger in scale post the merger.

  • Samsung India plans to hire 1,000 engineers from IITs, top institutes for R&D units Nov 30, 2022 01:43 PM IST

    Samsung India plans to hire 1,000 engineers from IITs, top institutes for R&D units

    The young engineers will join the company in 2023, and will work on new-age technologies at its R&D institutes in Bengaluru, Noida, Delhi and at Samsung Semiconductor India Research in Bengaluru.

  • Nifty at record highs – Time to stay put or take the gains? Nov 30, 2022 11:24 AM IST

    Nifty at record highs – Time to stay put or take the gains?

    India is a fundamentally strong long-term growth story. Therefore, every opportunity should be used to buy on decline and not sell on rally

  • CCL Products: Earnings growth on the back of capacity expansion Nov 30, 2022 09:46 AM IST

    CCL Products: Earnings growth on the back of capacity expansion

    CCL is targeting more than 40 percent growth in FY23 in the domestic market on the back of higher distribution in south and north India.

  • GIP said to mull deal for infrastructure firm tower Vision India Nov 30, 2022 06:37 AM IST

    GIP said to mull deal for infrastructure firm tower Vision India

    The private equity firm has been sounding out financing for a potential deal that could value Tower Vision India at about $300 million to $400 million, said the people, who asked not to be identified discussing private information.

  • Kotak Special Situations Fund announces Rs 550 crore investment in Sanghi Industries Nov 29, 2022 04:03 PM IST

    Kotak Special Situations Fund announces Rs 550 crore investment in Sanghi Industries

    KSSF timely infusion is aimed at correcting SIL's capital structure, help the company’s liquidity profile, and enhance its operations.

  • Discovery Series | V-Guard: A steady compounder for long-term investors Nov 29, 2022 09:55 AM IST

    Discovery Series | V-Guard: A steady compounder for long-term investors

    VIL’s growth has been supported by the upgradation of its product portfolio and newer market coverage

  • Amazon is shuttering some India businesses amid global cuts Nov 28, 2022 01:13 PM IST

    Amazon is shuttering some India businesses amid global cuts

    The company said it is exiting meal deliveries as well as a service providing bulk doorstep deliveries of packaged consumer goods to small businesses.

  • Mankind Pharma acquires majority stake in Upakarma Ayurveda Nov 28, 2022 01:10 PM IST

    Mankind Pharma acquires majority stake in Upakarma Ayurveda

    The company's decision to invest will empower Upakarma Ayurveda to develop a wider range of products and offerings, the drug firm said in a statement.

  • Zydus Lifesciences gets USFDA nod for thyroid hormone deficiency drug Nov 28, 2022 01:08 PM IST

    Zydus Lifesciences gets USFDA nod for thyroid hormone deficiency drug

    The company's US-based unit has received tentative approval from the US Food and Drug Administration (USFDA) to market the medication, the drug firm said in a regulatory filing.

  • Max Financial Services gets Irdai nod to acquire 5.17% stake of Mitsui Sumitomo in Max Life Nov 28, 2022 12:44 PM IST

    Max Financial Services gets Irdai nod to acquire 5.17% stake of Mitsui Sumitomo in Max Life

    The transaction is expected to be concluded in the next fortnight, Max Financial Services Ltd (MFSL) said in a regulatory filing.