Assam to get the first ‘Tata semiconductor assembly and test facility’ in the state. Assam Chief Minister Himanta Biswa Sarma in the presence of Tata Sons Chairman N Chandrasekaran will perform Bhumi Pujan at Assam’s Morigaon district on Saturday. Earlier, Prime Minister Narendra Modi laid the foundation stone of semiconductor plant on March 13. The…
Jawa Yezdi Motorcycles has launched the re-engineered and redesigned Yezdi Adventure at a competitive price of Rs. 2,09,900 (ex-showroom Delhi), aiming to disrupt the adventure motorcycle segment.The Yezdi Adventure is equipped with the new Alpha2, 334cc liquid-cooled engine, delivering 29.6PS and 29.9Nm for smoother performance. This engine, along with a new central exhaust routing, ensures…
SBI Cards and Payment Services on April 26 announced an 11.05 percent year-on-year (YoY) growth in its net profit for the March quarter of financial year 2023-24 at ₹596.47 crore, compared to the reported ₹596.47 crore. Reached Rs 662.37 crore.The company’s revenue also grew by over 14 per cent to ₹4,475 crore in Q4FY24, compared…
Adani Green Energy on July 25 announced a 95 per cent rise in consolidated net profit to ₹629 crore for the quarter ending June 30, 2024. In comparison, the company had reported a consolidated net profit of ₹323 crore during the same period. Last year’s period.The Adani group company’s total income rose 22.5 per cent…
Toyota Kirloskar Motor (TKM) is celebrating the government’s new budget, which they see as a masterful blend of infrastructure investment, social upliftment, and environmental stewardship. Mr. Vikram Gulati, Country Head and Executive Vice President of Corporate Affairs and Governance at TKM, shared his insights on how the budget reflects a commitment to balanced economic growth….
Shri Ashishkumar Chauhan, MD and CEO of the National Stock Exchange (NSE), has praised the Union Budget 2024 for its profound social impact and potential to uplift countless lives. Chauhan’s reflections reveal how the budget’s initiatives are poised to create meaningful change and inspire new opportunities for millions across India. Chauhan highlighted the budget’s focus…
European major Airbus has shortlisted eight sites in India to set up its final assembly line for H125 helicopters and the ground-breaking ceremony for the facility is expected to take place later this year.Airbus officials said the facility, which will be the fourth final assembly line (FAL) for the single-engine H125, will initially produce 10…
Singhania Quest+, in collaboration with the World Book of Records (London, UK), has launched ‘Go Coderz,’ India’s first and largest national coding competition aimed at school students. This pioneering event aligns with the New Education Policy (NEP), which integrates coding into the education system, and targets students from grades 3 to 10. The competition promises…
The rupee on Thursday weakened by 6 paise to close at 83.64 (provisional) against the US dollar as the strength of the US currency in the overseas market and overnight rise in crude oil prices weighed on investor sentiments.Forex traders expect the rupee to trade with a slight negative bias due to the strong US…
BJAUT reported stable Q1 (revenue/EBITDA growth of 16%/24% YoY; 20.2% EBITDA margin, aided by 50bps of PLI gain). Domestic 2W prospects are good, although BJAUT’s position has now fallen (even in 125cc motorcycles); The reaction to the newly-launched CNG motorcycle needs to be monitored. MGMT is guided to make export recovery gradual, and its focus…
