Honda Motorcycle commissions 6.5 lakh additional production capacity at Gujarat plant on January 8, 2024 at 7:34 am

The third line will add an additional production capacity of 6.5 lakh scooter units, taking the total capacity of the facility to 19.7 lakh units per annum.

Vistara expects all legal approvals for its merger with Air India in first half of 2024 on January 8, 2024 at 7:43 am

In November 2022, Tata group announced the merger of Vistara with Air India under a deal wherein Singapore Airlines will also acquire a 25.1 per cent stake in Air India.

Sensex, Nifty in red amid rising yields, dollar, range-bound trade may continue on January 8, 2024 at 4:52 am

After solid US jobs report, rate cut hopes have been pushed to June instead of March, said analysts

ACC completes acquisition of Asian Concretes and Cements; shares fall on January 8, 2024 at 5:08 am

The entire acquisition is funded through internal accruals and will help ACC its parent company Ambuja to further bolster market leadership, said ACC in an exchange filing

Kalyan Jewellers up 3% on Q3 biz update; analysts bullish on growth on January 8, 2024 at 5:27 am

Kalyan Jewellers’ consolidated sales rose 33 percent on-year in the third quarter, driven by strong domestic sales, the company said in a business update

Hyundai announces Rs 6,180 crore investment in Tamil Nadu on January 8, 2024 at 5:55 am

The fresh investment by the automaker is in addition to the Rs 20,000 crore it plans to deploy over a period of ten years (2023- 2032) to augment its efforts in electric vehicle manufacturing, charging infrastructure and skill development.

Shyam Metalics QIP: Madhusudan Kela, Societe Generale allotted shares at 13% discount on January 8, 2024 at 6:04 am

Cohesion MK Best Ideas Sub-Trust, a joint venture between Cohesion Investments and Madhusudan Kela, has been allotted 5 lakh equity shares in the QIP.

Akasa Air completes inspection of its Boeing 737 Max planes; says no adverse findings on January 8, 2024 at 6:11 am

The Directorate General of Civil Aviation (DGCA), on January 5, directed domestic airlines to immediately carry out inspection of emergency exits of all Boeing 737-8 Max planes in their fleets as an “abundant precautionary measure” in the wake of the Alaska Airlines incident.

Serentica Renewables ties up with six banks for Rs 3,500 crore loan on January 8, 2024 at 6:53 am

The transaction brings together a consortium of three international banks (Rabobank, MUFG Bank, Société Générale) and three Indian lenders (YES Bank, Export-Import Bank of India, India Infrastructure Finance Company) in a historic first for the Indian corporate offtake market, a company statement said.

GSP Crop Science eyes Rs 1,800 crore revenue in FY25; aims for 6-7% market share in 3-4 years on January 8, 2024 at 5:40 am

“In 2022-23, our annual revenue was at Rs 1,600 crore. We are looking at Rs 1,800 crore revenue in FY25. Overall our target is to reach Rs 2,500 crore in next 3-4 years with the addition of overseas business especially in Brazil,” GSP Crop Science Managing Director Bhavesh Shah told PTI.