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Ashok Leyland Q1 net profit up 13%; announces investments in arms

Revenue stood at ₹8,725 crore, compared with ₹8,599 crore a year earlier, amid flat industry volumes. EBITDA margin improved to 11.1% (₹970 crore) in...

TAFE awards rural innovators

Tractor and Farm Equipment Limited (TAFE), the flagship company of the Chennai-based Amalgamations group, has wrapped up the second edition of its Massey Dynastar...

Omega Seiki Mobility plans EV unit in Dubai

Spread over 42,000 square feet, the plant will assemble OSM’s electric two- and three-wheelers, store and distribute auto components, and is slated to begin...

Fractal Analytics files for ₹4,900-crore IPO

The IPO will comprise a fresh issue of equity shares worth ₹1,279.3 crore and an offer for sale (OFS) of shares worth ₹3,620.7 crore...

Mercedes-Benz launches AMG CLE 53 4MATIC+ Coupé

“This year has been a year of TEV (Top-End Vehicle) launches. We promised eight launches for the year, and this is the eighth one....

Dr. Agarwal’s net more than doubles

Total income rose 22.3% YoY to ₹501 crore, marking the company’s highest-ever quarterly revenue, while EBITDA climbed 28.9% to ₹141 crore, with margins at...

MRF’s Q1 standalone net drops by 14%

Its profit before exceptional items and tax stood at ₹651 crore as against ₹751 crore in the June 2024 quarter. Revenue from operations grew 7...

CG Power arm in pact with US firm Flanders for railway business

The U.S. market for railway traction motor replacements and refurbishments is substantial, with an expansive rail network spanning about 140,000 miles—three times larger than...

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