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CATEGORY

Company Updates

trackNOW secures seed funding for fleet management platform

In Short:trackNOW, a fleet management and tracking solution company, secured seed funding from GI Ventures and BluSmart co-founder Anmol Jaggi as lead investors. The...

IGL Q4 net profit increases by 9% to ₹433 crore

In Short:IGL's net profit increased by 9% to ₹433 crore in Q4 FY24 due to higher sales, but fell by 9% sequentially. Consolidated total...

BPCL and HPCL to announce bonus share issue this week

In Short:Oil refining and fuel marketing companies BPCL and HPCL are thinking of giving their shareholders bonus shares. This means they are considering offering...

TI Clean Mobility secures ₹580 crore funding from GEF Capital Partners

In Short:TI Clean Mobility Pvt Ltd, a subsidiary of Murugappa Group, is raising ₹580 crore from GEF to fund its electric vehicle verticals. With...

Arvind Ltd’s Q4 revenue rises 10% year-on-year to ₹2,075 crore

In Short:Arvind Limited reported its Q4 FY24 financial results showing a 10% revenue growth to ₹2,075 crore. The EBITDA also increased by 27% to...

Greaves eScooter, Revolt still in queue for FAME scheme recertification.

In Short:Revolt Motors and Greaves Electric Mobility face challenges availing subsidies under FAME-II scheme in India, impacting customer discounts. OEMs need to meet guidelines,...

Bhavish Aggarwal introduces Android app, offers cloud infrastructure for businesses in Krutrim launch

In Short:Ola founder Bhavish Aggarwal's Krutrim, India's first AI unicorn platform, has launched its standalone android app and opened its cloud platform to enterprises,...

DCM Shriram launches Caustic Soda expansion project in Gujarat

In Short:DCM Shriram Ltd has successfully added 850 Tons Per Day to its chemical complex in Gujarat. This brings their total capacity to 2,225...

Dr Reddy’s introduces Doxycycline capsules in the United States

In Short:Dr Reddy's Laboratories launched Doxycycline capsules 40 mg in the US market, which is a generic version of ORACEA. The company specified that...

Inox Wind reports ₹38 crore net profit in Q4 FY24

In Short:Inox Wind reported a net profit of ₹38 crore in Q4 FY24, a significant improvement from a loss of ₹115 crore in the...

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