Corporate

ebm-papst to set up a new plant near Chennai at Rs.340 cr.

The new plant is coming up near Chennai, Tamil Nadu. The new greenfield project is expected to involve an initial investment of outlay of  Rs....

Renault to buy out Nissan in Indian JV

"Renault Group would own 100% of Renault Nissan Automotive India Private Ltd. (RNAIPL)  by acquiring the 51% shareholding currently held by Nissan," a release...

98.21% of ₹ 2000 notes returns, says RBI

The Reserve Bank of India (RBI) has said that 98.21% of the ₹2000 banknotes in circulation as on May 19, 2023 has been returned. The...

A win-win collaboration

The expertise built by TVS over the last seven decades in the transport sector, notably in spare parts distribution and servicing, combined with MC’s...

Murugappa to launch a housing finance subsidiary

The southern industrial conglomerate, Murugappa Group, recorded a 12 per cent growth in turn over and EBITDA through 2018-19, with revenues at Rs 36,893...

SUNDRAM FASTENERS: INCREASED FOCUS ON NON-AUTO SEGMENT

Last year Suresh Krishna handed the mantle of managing Sundram Fasteners to his daughters Arathi (Managing Director) and Arundathi (Dy. Managing Director). The performance of...

THE NSE SCAM

The capital market watchdog, the Securities Exchange Board of India (SEBI), has acted tough against the National Stock Exchange (NSE) over an algorithmic trading...

SIZE MATTERS – WELCOME CONSOLIDATION OF THE BANKING SECTOR

The NDA II government has been emphasising the importance of scaling up the size of public sector entities. In the oil sector, the government...

Corporate Corner

Rane Group – Deming Prizes Galore! Vinod Dasari, then Managing Director, Ashok Leyland, once told me: “there are more Deming award-winning companies in an hour’s...

Increasing German investments in Tamil Nadu

T R Gopalan, Regional Director, Indo-German Chamber of Commerce, mentioned increasing investments from Germany in Tamil Nadu. With the reputation of Germany in engineering...

Corporate Reports – SAIL, Schwing Stetter, TVS Motors

Improved margins for SAIL The persistent strategic approach helped SAIL to strengthen the EBIDTA to Rs.5184 crore in 2017-18, a substantial increase over 2016-17, said...

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ebm-papst to set up a new plant near Chennai at Rs.340 cr.

The new plant is coming up near Chennai, Tamil...

Renault to buy out Nissan in Indian JV

"Renault Group would own 100% of Renault Nissan Automotive...

98.21% of ₹ 2000 notes returns, says RBI

The Reserve Bank of India (RBI) has said that...

Maruti Suzuki posts record sales in FY2025

The company sold a total of 2,234,266 units, including 1,795,259 units in...

Tata chairman in IMF advisory council

He is among prominent individuals appointed by IMF Managing...