Jabil Inc., a global leader in engineering, manufacturing, and supply chain solutions, has signed a memorandum of understanding (MOU) with the Gujarat state government to establish a significant manufacturing presence in the region. The agreement, formalized in Gandhinagar in the presence of Gujarat Chief Minister Bhupendra Patel, underscores Jabil Inc.’s strategic commitment to expanding its […]
Star Housing Finance Limited, a prominent player in the affordable housing finance sector and listed on the BSE, has reported exceptional growth for the quarter ending September 30, 2024. The company posted a significant 62% year-over-year increase in its assets under management (AUM), pushing it beyond the Rs. 500 crore mark to Rs. 517.84 crore. […]
In a remarkable demonstration of growth and resilience, Tata Power, a major player in India’s energy sector, has reported its highest-ever quarterly profit of ₹1,533 crore for Q2FY25, marking a 51% year-on-year increase. The company also achieved an EBITDA of ₹3,808 crore, a 23% YoY growth, propelled by expanded solar manufacturing and favourable regulatory conditions. […]
Mahindra & Mahindra Ltd. (M&M) has officially inaugurated two cutting-edge development test facilities in Kanchipuram, Tamil Nadu, with a substantial investment of over ₹300 crores. The facilities, the Mahindra Passive Safety Lab (PSL) and the Battery & Cell Research Lab, aim to bolster the company’s commitment to enhancing automotive technology, particularly in the fields of […]
Vettaiyan, the much-anticipated action drama featuring Rajinikanth and Amitabh Bachchan, has experienced a notable surge in its box office collection on Day 10. The film, directed by TJ Gnanavel and released on October 10, 2024, witnessed a 38% increase in revenue, accumulating ₹4.25 crore across India. This rise comes as a relief after a few […]
Hyundai Motor India is gearing up to launch one of the most anticipated IPOs in recent memory, marking the first public issue by an automaker in India since Maruti Suzuki’s landmark listing in 2003. The Hyundai India IPO is set to open on October 15 and is expected to fetch up to ₹27,870 crore ($3 […]
Ola Electric, India’s largest electric vehicle (EV) manufacturer, has unveiled its biggest-ever sale for the festive season—aptly named the ‘BOSS’ (Biggest Ola Season Sale). In a move aimed at accelerating electric vehicle adoption across the country, the company is offering its S1 electric scooter at an entry price of just ₹49,999. This unprecedented offer has […]
Tata Motors, a titan in the global automotive industry, has embarked on an ambitious new project by breaking ground on a state-of-the-art vehicle manufacturing plant in Tamil Nadu’s Ranipet district. This groundbreaking ceremony, held on September 28, 2024, signals a significant milestone in India’s “Make in India, For the World” initiative, aligning with the nation’s […]
Ola Electric Mobility Limited has achieved another critical milestone in India’s fast-growing electric vehicle (EV) sector. The company recently announced that its affordable mass-market electric scooter, the S1 X 2 kWh, has received certification under the prestigious Production Linked Incentive (PLI) scheme for the automobile and auto components industry. This is a momentous achievement not […]
Tamilnad Mercantile Bank, a stalwart in India’s banking sector, unveiled ambitious growth strategies during its 102nd Annual General Meeting (AGM) on September 27, 2024, held at its headquarters in Thoothukudi. The bank, which has a longstanding reputation as one of the country’s oldest private sector banks, announced its vision for a transformative future driven by […]