LiveHMSI’s Retail Sales Goes 80% of Pre-Lockdown Level
Honda Motorcycle and Scooter India Pvt Ltd (HMSI), the country’s second largest two-wheeler manufacturer, has witnessed significant revival in demand for its motorcycles and scooters...
Category : BUSINESS
ICICI Bank sells Rs 2,250 Cr Stake in ICICI Lombard
ICICI Bank today said it has divested 18,000,000 equity shares of face value of Rs 10 each of ICICI Lombard General Insurance Company Limited, representing...
RIL Becomes India’s First Firm to Hit Rs 11 Trillion
Reliance Industries Ltd (RIL) on Friday became the first Indian company to reach a market capitalisation of Rs 11 trillion as its shares doubled since mid-March....
India Life Sciences Fund Invests Rs 140 cr in 2 Firms
Healthcare services and pharma focused private equity (PE) fund, India Life Sciences Fund III, made two investments worth Rs 140 crore in the lockdown period. The PE firm...
Honda Starts Pre-Bookings For BS6 Civic Diesel Ahead Of Launch
Microsoft has launched ‘Teams for Education’ feature to engage and prepare students and teachers for new remote and hybrid learning formats. These features include expanded audience...
Bytedance to Shut Down Vigo Video in India
Chinese social media company, Bytedance, will shut down the Vigo Video and Vigo Lite apps in India. In a message posted on Vigo’s website, the company...
Maruti Alto Becomes Best-Selling Model for 16th Straight Year
With the sale of 1.48 lakh units in 2019-20, Maruti Alto has has become the best-selling model for the 16th year in a row, Maruti Suzuki India...
Twitter Removes More Than 170,000 Pro-China Accounts
More than 170,000 accounts tied to a Beijing-backed influence operation that deceptively spread messages favorable to the Chinese government, including some about the coronavirus, according...
Mahindra & Mahindra Firm Reports Net Loss of Rs 3,255 Cr
Mahindra & Mahindra has a consolidated net loss of Rs 3,255 crore for the quarter ended on March 31. The revenue of the company declined 35...
US FDA Approves Biocon’s Insulin Glargine Injection Semglee
The US Food and Drug Administration has approved Biocon Biologics India Ltd’s insulin glargine injection Semglee for controlling high blood sugar in adults with diabetes, the company said. Semglee,...