LiveMaruti Introduces New Norms for Dealerships
The country’s largest carmaker Maruti Suzuki India (MSI) on Wednesday said it has put in place a comprehensive standard operating procedure (SoP) for its dealerships...
Category : BUSINESS
Toyota Kirloskar Resumes Operations at Karnataka Facilities
Toyota Kirloskar Motor India Ltd (TKM) has reopened its manufacturing facilities in Karnataka to begin production in the coming weeks. The company’s decision comes after...
Sriram Venkataraman to be New Flipkart Commerce CFO
Walmart-owned Flipkart has appointed Sriram Venkataraman as chief financial officer (CFO) for the commerce division (Flipkart and Myntra) of India’s homegrown company. The announcement comes after...
Tata Motors Board Approves Raising Rs 1,000 Crore via NCDs
Tata Motors Ltd’s board on Tuesday approved the company’s proposal to raise Rs 1,000 crore through issuance of 10,000 rated, listed, redeemable non-convertible debentures or...
Asian Paints Partially Resumes Operations at Few Facilities
Asian Paints on Tuesday said it has partially resumed operations at some of its manufacturing locations, warehouses and offices where lockdown restrictions have been eased....
General Electric to Cut 10,000 Aviation Jobs
General Electric has announced it will cut an additional 10,000 jobs from its aviation sector as the coronavirus pandemic decimates the industry, forcing companies to...
Hero MotoCorp to Start Manufacturing Operations from Wed
Hero MotorCorp, India’s largest two-wheeler manufacturer, reopened its plants based in Haryana and Uttarakhand on Monday and will start production operations from Wednesday. The Union...
Silver Lake to Invest Rs 5,655 Crore in RIL's Jio Platforms
US private equity firm Silver Lake will invest Rs 5,655.75 crore in Jio Platforms, a wholly-owned subsidiary of Reliance Industries Limited (RIL), the company said...
Logistics Startup LoadShare Raises Rs 100 Cr Led by BEENEXT
Logistics startup LoadShare Networks has raised a Series B funding round of Rs 100 crore led by BEENEXT along with participation from CDC Group. Existing...
India April Manufacturing PMI at Record Low of 27.4
India’s manufacturing activity slumped to a record low in April as business activities came to a near standstill after the Centre imposed a nationwide lockdown,...