Friday, June 2, 2023

ICICI Bank commits Rs 1,200 crore to help Tata Memorial Centre build 3 cancer facilities pan India

ICICI Bank commits Rs 1,200 crore to help Tata Memorial Centre build 3 cancer facilities pan India As part of the commitment from ICICI Foundation, three new facilities will be built in Navi Mumbai#39;s Kharghar on the outskirts of the financial capital, Mullanpur in Punjab and Visakhapatnam in Andhra Pradesh.

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ICICI Bank commits Rs 1,200 crore to help Tata Memorial Centre build 3 cancer facilities pan India

ICICI Bank commits Rs 1,200 crore to help Tata Memorial Centre build 3 cancer facilities pan India As part of the commitment from ICICI Foundation, three new facilities will be built in Navi Mumbai#39;s Kharghar on the outskirts of the financial capital, Mullanpur in Punjab and Visakhapatnam in Andhra Pradesh.

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E-commerce platform Meesho crosses 500 million downloads

E-commerce platform Meesho crosses 500 million downloads The company has achieved the 500 million download milestone in six years, data.ai, formerly known as App Annie, said in a statement.

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Crisis-hit Go First submits 6-month revival plan to DGCA

Crisis-hit Go First submits 6-month revival plan to DGCA The airline plans to resume scheduled services on the Pune, Bagdogra, and Goa routes. It has also offered to deploy two aircraft to start Delhi-Srinagar and Delhi-Leh chartered flights immediately

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Thursday, June 1, 2023

Eicher Motors total sales jump 22% to 77,461 units in May

Eicher Motors total sales jump 22% to 77,461 units in May The rise in total sales for Eicher Motors was led by strong traction in the domestic market.

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KKR India moves Prashant Kumar to Singapore to lead Southeast Asia private-equity business

KKR India moves Prashant Kumar to Singapore to lead Southeast Asia private-equity business Prashant Kumar, who has been with KKR in Mumbai since 2018, will move to Singapore and start his new role in July, one of the sources said.

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Hyundai Motor sales in May rises 16% to 59,601 units

Hyundai Motor sales in May rises 16% to 59,601 units The company had posted a total sales of 51,263 units in May 2022, HMIL said in a statement.

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Byju’s lenders scrap talks to restructure $1.2 billion loan

Byju’s lenders scrap talks to restructure $1.2 billion loan The talks were called off after the creditors moved court, and accused the firm of hiding $500 million of funds raised, the people said, asking not to be named as the information is not public. Lenders can now sell the term loan B securities of the firm as the restraint that came as part of the negotiations is lifted, they said.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/byju’s-lenders-scrap-talks-to-restructure-3612-billion-loan_17065351.html

Maruti Suzuki sales jump 10% to 1,78,083 units in May

Maruti Suzuki sales jump 10% to 1,78,083 units in May The country#39;s largest carmaker has been facing a shortage of chips for a while which has impacted its supplies to cater to the market demand.

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Venus Remedies gets marketing authorization from Saudi Arabia for chemotherapy drug Docetaxel

Venus Remedies gets marketing authorization from Saudi Arabia for chemotherapy drug Docetaxel The development comes three months after the company received good manufacturing practices (GMP) certification from the Saudi Food and Drug Authority (SFDA) for all its production facilities at its unit in Baddi, Himachal Pradesh.

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MG Motor India retail sales up 25% to 5,006 units in May

MG Motor India retail sales up 25% to 5,006 units in May MG Motor India in a statement said it remains optimistic about growth and meeting the rising customer demand through various ongoing and planned production and operational initiatives.

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LTIMindtree Q4 Preview: Lower pass-through revenue seen impacting growth marginally

A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,1...