Ola Electric, India’s largest dedicated electric vehicle (EV) manufacturer, announced the launch of its new Ola Digital Twin platform to revolutionise its manufacturing and product development processes. Built using NVIDIA Omniverse, the Ola Digital Twin platform combines Krutrim AI and NVIDIA technology, advanced simulation, and IoT tools to create a detailed digital replica of Ola’s …
On October 24, 2024, Godrej Consumer Products Limited (GCPL), a leading FMCG company in emerging markets, announced its financial results for the quarter ending September 30, 2024. In Q2 FY 2025, GCPL’s standalone business showed a solid 7% growth in both sales and volume year-on-year. Indonesia operations saw a volume increase of 7% and an …
IndusInd Bank Limited announced its financial results for the quarter and half-year ending September 30, 2024. Quarterly Performance (Q2 FY25) The Net Interest Income (NII) for Q2 FY25 stood at ₹5,347 crores, marking a 5% year-over-year (YoY) increase. The Net Interest Margin (NIM) for this quarter was 4.08%, a slight decrease from 4.29% in Q2 …
Colgate-Palmolive (India) Limited has reported its financial results for the second quarter of the fiscal year 2024-25. The company achieved a 10.0% year-on-year growth in topline revenue, with domestic revenues growing by 10.5%. Net sales surged to ₹1,609.2 crore, up from ₹1,462.4 crore in the same quarter last year. The net profit after tax for …
On October 25, 2024, Larsen & Toubro (L&T), a leading technology-driven company in India, secured a significant new contract from the ITER organisation, an intergovernmental body based in France. This contract involves deploying advanced technologies to assemble important components within the Vacuum Vessel at ITER, the world’s largest nuclear fusion project located in Cadarache, southern …
India is currently witnessing a rapid transformation across multiple industries, driven by a combination of government initiatives, technological advances, and growing consumer demands. These changes are reshaping the country’s economy, positioning it as one of the world’s fastest-growing markets. From traditional sectors like real estate and automobiles to newer ones like renewable energy and IT, …
Dixon Technologies (India) Limited has announced financial results for the quarter and half-year ending September 30, 2024. Q2 FY 2025 Financial Performance In the second quarter of FY25, the company reported a remarkable revenue of ₹11,528 crores, representing a substantial 133% increase compared to ₹4,944 crores in Q2 FY24. This surge reflects Dixon’s strong market …
TCS Expands NVIDIA Partnership with AI-Centric Offerings On October 24, 2024, Tata Consultancy Services (TCS) extended its collaboration with tech giant NVIDIA, focusing on AI-driven solutions across various industries. Through its new business unit under the AI.Cloud division, TCS will deliver customized AI strategies and applications. With over five years of collaboration, this expansion aims …
The headquarters of the Indian automaker Mahindra & Mahindra are located in Mumbai, Maharashtra. Originally founded as Mahindra & Mohammed in 1945, it subsequently changed its name to Mahindra & Mahindra. M&M, a division of the Mahindra Group, ranks among India’s top automakers in terms of production. M&M might buy out 50% of Skoda Auto …
Transportation infrastructure projects are the primary focus of RITES Ltd., an engineering consulting firm and public sector undertaking in India that was formerly known as Rail India Technical and Economic Service Limited. The MoA was signed by RITES and NMDC Limited To offer comprehensive project management consulting services, RITES Ltd., a leading transport infrastructure consultancy, …
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