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Tata Elxsi announced that Cauveri Sriram has assumed the office of Company Secretary and will be one of the Key Managerial Personnel of the Company with effect from 01 March 2022 in place of G Vaidyanathan who superannuated from the services of the Company on 28 February 2022

Indian Overseas Bank announced that India Ratings and Research has assigned its rating as IND AA- Stable for the proposed issue of Rs 800 crore Tier II Bonds under Basel III and reaffirmed the rating as IND AA- Stable for Basel III Tier II Bonds of Rs 500 crore

Bharat Forge has completed the purchase of 23594274 equity shares of Kalyani Strategic Systems KSSL a subsidiary of the company from its existing shareholders resulting in an increase in the companys stake in KSSL from 51Percentage to 100Percentage Consequently KSSL has become a wholly owned subsidiary of the Company with effect from 28 February 2022

Sterlite Technologies announced the launch of Firebird a path-breaking line of ORAN-based macro radios for dense wide area 5G coverage The announcement was made at Mobile World Congress 2022 Barcelona where the company showcased its All-In 5G solutions STL Firebird is a portfolio of multi-band 4G5G macro O-RAN compliant radio units O-RUs initially available in Band 1 40 41 and 78 among others These software-defined […]

Maruti Suzuki India achieved total sales of 164056 units in February 2022 compared to 164469 units in February 2021 Total sales in the month include domestic sales of 137607 units sales to other OEM of 2428 units and its highest ever monthly exports of 24021 units The shortage of electronic components had a minor impact on the production of vehicles which are primarily sold in […]

VST Tillers Tractors achieved sales of 3012 power tillers and 424 tractors in month of February 2022 compared to 2159 power tillers and 507 tractors in February 2021

Tata Motors sales in the domestic international market for February 2022 stood at 77733 vehicles compared to 61258 units during February 2021 Domestic sales rose 27Percentage to 73875 vehicles in February 2022 The companys commercial vehicle sales rose 11Percentage to 37552 units while passenger vehicle sales rose 47Percentage to 39981 units in February 2022

Persistent Systems announced the completion of the asset acquisition of Data Glove IT Solutions India by the Company asset acquisitions of Data Glove Inc USA and its affiliate entities based out of Australia UK Canada and Singapore by the wholly owned and step-down subsidiaries of the Company and equity acquisition of Data Glove IT Solutions Limitada Data Gloves subsidiary in Costa Rica by Persistent Systems […]

Mahindra Mahindra Farm Equipment Sector reported tractor sales of 20437 units in February 2022 compared to 28146 units in February 2021 recording a decline of 27Percentage Total tractor sales comprised of domestic sales of 18910 units lower by 30Percentage YoY and exports of 1527 units higher by 56Percentage YoY

Hindustan Aeronautics announced the cessation of M S Velpari Director Operations of the Company upon his superannuation on 28 February 2022