finance
JK Tyre & Industries Limited, one of the leading tyre manufacturers in India has successfully concluded its fund-raising plans of Rs.500 crore by way of Qualified Institutional Placement (QIP). QIP was priced at Rs 345 per share (including a premium of Rs 343 per share with face value of
finance
In a bid to make this festive season special, Tata Motors, India’s leading automotive manufacturer, has joined hands with South Indian Bank, one of India’s leading private sector banks, to extend an exclusive Electric Vehicle Dealer Financing Program and offering comprehensive retail financing solutions to all customers. The
finance
JLR India today reported its best ever Q1 sales performance with a growth of 102%, retailing a total of 1048 units, in the first quarter of FY24 compared to the same period last year. This performance was enabled by a phenomenal growth of 209% in Range Rover, Range Rover Sport
automotive
Primus Partners Pvt. Ltd. (Primus), a distinguished pioneer in the realm of management consulting services reported that the automobile industry registered an astounding employment figure of over 1.9 crore++ occupying paramount importance in the economy. Focused on policy perspective as well as business perspective, Primus Partners undertook the survey
automotive
Driving into new realms of innovative technologies aimed at putting newer and younger audiences in the driver’s seat, Škoda Auto India has steered into the global Web 3.0 initiative with Škodaverse India. Part of the global Škodaverse initiative, Škodaverse India starts with a platform that enables users to
finance
Mumbai, June 12, 2023: Mahindra Last Mile Mobility (LMM), a division of Mahindra & Mahindra, has cemented its No.1* electric 3-wheeler manufacturer status in FY23. During this period, LMM sold 36 816 EVs and had a market share of 14.6%*. This is significantly up from FY22’s performance
technology
Cloud-native secure platform to elevate customer experience and catalyse the next phase of high-speed growth for the bank Bengaluru, 26th May 2023: IBM (NYSE: IBM) today announced that Equitas Small Finance Bank is collaborating with IBM Consulting to design and build a digital banking platform that delivers a modern and
finance
A prominent non-banking financial company with the brand name Capri Loans has expanded its national footprint by acquiring a 51% stake in CarLelo Capri Global Holdings Pvt Ltd (CGHL), the holding company for Capri Global Capital Limited - a prominent non-banking financial company with the brand name Capri Loans, has
finance
Resilient performance despite rising inflationary and input costs, forex pressures Mumbai, 9 May 2023: Castrol India Limited (BSE: 500870; NSE: CASTROLIND) has announced its results for the first quarter ended 31 March 2023. The Company follows a calendar year basis (January to December) for its financial reporting. For the first
automotive
registering 88,731 units of sales Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation registered an overall sales figure of 88,731 units in the month of April 2023. The company sold 67,259 units in the domestic market and exported 21,472 units in
finance
Providing customized retail financing solutions to customers In a bid to accelerate the EV buying process, India’s leading commercial electric vehicle maker Altigreen has partnered with Sundaram Finance - one of the most respected names in the Indian financial services sector, to provide customized retail financing solutions to its