Suzuki Motor Corporation and Tata Elxsi have unveiled a landmark collaboration with the launch of the SUZUKI-TATA ELXSI Offshore Development Center in Pune, India. Announced on November 18, 2024, this dedicated facility is set to spearhead advancements in green mobility and next-generation automotive technologies, aligning with evolving global demands for sustainable and innovative solutions. This […]
KSB Limited, a prominent supplier of pumps, valves, and systems, reported a remarkable 9.37% year-on-year increase in revenue for the third quarter of 2024. The company achieved a sales value of ₹616.5 crore for the period between July and September, up from ₹563.7 crore in the same quarter last year. For the first nine months […]
Kinetic Engineering Limited, a prominent name in India’s automotive components sector, has announced the elevation of Ajinkya Firodia to Vice Chairman and Managing Director. The leadership transition, effective immediately, is set to drive the company’s long-term strategic vision, reinforce its operational excellence, and bolster its global market footprint. This pivotal appointment marks a defining moment […]
Kolte-Patil Developers Ltd., a prominent real estate firm headquartered in Pune, with operations extending into Mumbai and Bengaluru, has reported a stellar second quarter for FY25. The company’s un-audited results for the half-year ended 30 September 2024 reveal a record-breaking performance in pre-sales and collections, marking a significant milestone in its growth trajectory despite some […]
India’s largest vertically integrated healthcare provider, Apollo Hospitals Enterprise Limited, has taken another major step forward in its mission to deliver world-class healthcare across the country. The company has announced plans to establish a new 500-bed hospital in Worli, Mumbai, alongside expanding its existing facility in Lucknow, adding 200 more beds. These initiatives come under […]
Sudarshan Chemical Industries Limited, India’s leading pigment manufacturer, has announced an impressive performance for the second quarter of FY25, showcasing robust financial growth and international expansion ambitions. The company reported a significant 42% increase in consolidated EBITDA, reaching ₹94 crore, and an astounding 128% growth in consolidated Profit After Tax (PAT) at ₹41 crore compared […]
In a landmark move that cements Bharat Forge’s position as a dominant player in the automotive components sector, the company announced its acquisition of AAM India Manufacturing Corporation Private Limited (AAMIMCPL), a leader in axle manufacturing for commercial vehicles. This deal is poised to accelerate Bharat Forge’s growth trajectory, expanding its footprint in the highly […]
Praj Industries, one of India’s leading biotech companies, has taken a giant leap towards sustainability with the unveiling of the country’s first demonstration facility for biopolymers. Located at Jejuri near Pune, this pioneering facility showcases Praj’s indigenously developed integrated Polylactic Acid (PLA) technology, pushing India to the forefront of eco-friendly innovation. The facility was inaugurated […]
Sudarshan Chemical Industries Limited (SCIL) has formally announced its definitive agreement to acquire the Heubach Group, a Germany-based pigment manufacturer. This acquisition represents a transformative step for Sudarshan Chemical as it seeks to significantly augment its global pigment portfolio and position itself at the forefront of the international pigments market. The amalgamation of Sudarshan’s and […]
In a significant expansion drive, Godrej Properties has acquired six land parcels in the second quarter of FY24, aiming to develop housing projects worth approximately Rs 9,650 crore. This development is part of a broader strategy by the company, which has been scaling up its investments and expansion across key urban markets such as Mumbai […]
