TVS Motor Company, commonly known as TVS, is an Indian multinational motorcycle manufacturer headquartered in Chennai. The company is well-known in India for bikes like Apache and Jupiter scooters. It is the third-largest motorcycle company in India by revenue, with yearly sales of three million units and an annual production capacity of over four million …
Gopal Snacks, a leading FMCG company in India known for its high-quality snack products, announced its results for the quarter ended 30th June 2024 (Q1 FY2025) Operational Highlights The company launched three new products during Q1 FY25: Kolapuri Bhadang (Namkeen), Sabudana Chivda (Namkeen), and Cristos Korean BBQ (Wafers) The Ghathiya and Wafers segments showcased a …
Choice International , a leading Indian financial services company, delivered robust results for the first quarter of FY2025 (Q1 ended June 30, 2024). Financial Highlights Revenue: Surged 48% year-over-year (YoY) to ₹205.9 crore, demonstrating significant top-line growth. EBITDA: Increased 55% YoY to ₹58.2 crore, showcasing strong profitability. EBITDA Margin: Expanded to 28.27%, indicating efficient cost …
Coromandel International Limited has announced a significant strategic investment involving the acquisition of additional equity in Coromandel Crop Protection Philippines Inc. (CCPP). The company has executed an agreement to subscribe to equity shares in CCPP, infusing USD 1,93,000 into CCPP. This investment will increase Coromandel International’s stake in CCPP from the current 40% to 93.23%, …
Dixon Technologies (India) Ltd has announced in a stock exchange filing an update on their earlier intimation dated April 8, 2024, regarding the acquisition of a majority stake in Ismartu India Private Limited. The announcement detailed that Dixon Technologies had entered into a Share Purchase Agreement (SPA) with Ismartu In Pte. Limited, Transsion Technology Limited, …
On July 18, 2024, Persistent Systems announced its audited financial results for the quarter ending June 30, 2024. The company reported revenue of ₹27,371.7 million, reflecting a 5.7% increase quarter-over-quarter and a 17.9% increase year-over-year. The net profit stood at ₹3,064.2 million, up by 33.9% year-over-year. The 34th Annual General Meeting of the company was …
Tata Technologies announced a strategic partnership with Arm to drive innovation in software-defined vehicles (SDVs). This collaboration leverages Tata Technologies’ extensive automotive domain expertise and software capabilities alongside Arm® Automotive Enhanced (AE) technologies, aiming to reduce SDV development time for automotive OEMs. As the automotive industry shifts towards connected, autonomous, and electric vehicles, the demand for …
On July 18, 2024, Dalmia Bharat Limited, a major cement manufacturer, announced its consolidated financial results for the quarter ending June 30, 2024. Q1 FY25 Highlights For Q1 FY25, Dalmia Bharat Limited reported several key achievements. As of June 30, the company had an installed cement capacity of 45.6 MnT, with a current capacity of …
Nazara Technologies announced the acquisition of an additional 48.42% stake in Paper Boat Apps Pvt. Ltd (PBA) from its promoters Anupam and Anshu Dhanuka for a sum of Rs 300 crore to be paid in cash in tranches to take its ownership in PBA to 100%. This strategic move is aimed at accelerating the global …
On July 18, 2024, Dr Reddy’s Laboratories Ltd announced a non-exclusive patent licensing agreement with Takeda Pharmaceutical Company Limited. This agreement allows Dr Reddy’s to market Vonoprazan tablets in India. Vonoprazan is a new, orally active medication that blocks stomach acid and is used to treat conditions like reflux esophagitis and other acid-peptic disorders. Dr …
