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9 hours ago · Tata Motors and Mahindra challenge Hyundai for India's No.2 spot amid Hyundai's $3.5 billion IPO plan. Hyundai held 13.5% sales, Tata 13.2%, Mahindra 12.4%, Maruti Suzuki tops with 40%. Hyundai faces market challenges, acknowledges COO Tarun Garg. Significant investments in EVs and capacity expansions are planned by 2026, according to the Federation of Automobile Dealers.
11 hours ago · A separate unit, Paytm Payments Bank, was wound down this year by order of the central bank due to persistent compliance issues, triggering a meltdown in Paytm's stock. The government panel had earlier held back approval due to concerns about the 9.88% stake in Paytm held by China's Ant Group.
15 hours ago · The Mumbai-based company said it has achieved sales bookings of around ₹1,500 crore during the last fiscal, a 3-fold increase from the 2022-23 financial year. "We are targeting to double our sales bookings to ₹3,000 crore in the current 2024-25 fiscal," the company's CMD Ashwin Sheth told reporters here. He said the company plans to expand ...
2 hours ago · Aelea Commodities IPO price band has been set at ₹91 to ₹95 per share. The company aims to raise ₹51.00 crore from the book built issue which is entirely a fresh issue of 53.69 lakh equity ...
