Page 3 - Anjali Singh

Sun Pharma's Leqselvi launch in US faces legal roadblock; analysts cautious

This decision delays Sun Pharma's planned US launch of the product, which could be deferred for several months if the company wins its appeal, or up to two years if it loses the case entirely

Two-wheeler sales soar in October; TVS, Hero MotoCorp lead the charge

Festival demand boosts domestic sales by up to 26%; Bajaj figures decline

EKA Mobility lands Rs 3,000 cr deal to manufacture 1,500 electric buses

Plans to expand operations with Rs 650-cr outlay

Cipla Q2 results: Net profit rises 15% to Rs 1,303 crore, revenue up 5.6%

Cipla eyes growth in the Indian and US markets with upcoming launches

Sun Pharma Q2 profit up 28% on strong domestic, emerging mkts performance

The company launched 14 new products in India this quarter

Bengaluru startup EMOBI unveils low-speed 2W with multipurpose battery

With this launch, EMOBI aims to capture 20-25 per cent of the market share in India's B2B last-mile delivery sector over the next three years

Eris Lifesciences Q2FY25 results: Profit skids 25.8%, revenue up 46.6%

The decline in PAT can be partly attributed to the deferred tax credit of Rs 21 crore, which the company received in the year-ago quarter

GFL subsidiary GFCL EV raises Rs 1,000 cr to drive EV, ESS growth

The company's stock fell 6.94 per cent to Rs 4,386.85 per share on Wednesday on the BSE

Dr Lal PathLabs Q2 results: Profit up by 18.2%, revenue rises by 9.8%

The company, which operates 280 labs across India and is on track to open 15-20 new labs this year as part of its expansion efforts, is also exploring acquisitions in southern India

Hyundai Motor India drops 7% in market debut after country's biggest IPO

HMIL's IPO had seen strong response from sovereign wealth funds and domestic mutual funds, but retail and wealthy investors sidestepped the issue amid a selloff in auto stocks and overall markets

Hyundai Motor India confirms plans to launch hybrid vehicles soon

Also plans to expand EV portfolio and production capacity

Tata Motors receives order for 1000 diesel bus chassis from UPSRTC

This contract follows a previous order from UPSRTC for 1,350 bus chassis, which are currently operational across Uttar Pradesh

Luxe automakers on top gear to woo buyers in upscale lounge ambience

They are updating dealership networks to offer customers a more luxurious lounge

CEAT Q2FY25 results: Profit skids 41.4% to Rs 121.8 cr, revenue up 8.2%

CEAT took selective price increases during the quarter that offset part of the cost impact caused by higher rubber prices. The company remains optimistic for Q3

Bharat Forge to acquire axle maker AAM India for Rs 544.5 crore

Kalyani emphasised that this move aligns with Bharat Forge's broader strategy to diversify its offerings in vehicle components and enter a new product segment

Bajaj Auto Q2 results: Profit dips 31% to Rs 1,385 cr, revenue at Rs 13k cr

The domestic business achieved record-high revenue growth in double digits for the tenth consecutive quarter, driven by growth across motorcycles, commercial vehicles, and electric scooters

Festival fillip: Car dealerships see four-fold increase in footfall

Dealer sources claimed that even enquiries and bookings are up by 3-4 times when compared to the last 2-3 months

BMW India targets to double electric vehicle penetration by next year

BMW Group India has achieved its best-ever year-to-date car sales, with a 10 per cent growth in the first nine months of calendar year 2024

LML sues Bajaj Auto over unauthorised use of 'Freedom' trademark

According to the company, Bajaj's use of 'Freedom' infringes on its trademark rights, which is diluting its established reputation and the goodwill cultivated over decades

Two-wheeler sales witness surge ahead of festival season in India

Major players record 9-26% increase on strong domestic demand