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Business Wire India The founders of the XDC Network have leveraged a portion of their personal token allocations to secure a $50 million commitment from global alternative investment group LDA Capital Limited to accelerate the expansion and development of Layer 2 projects across the XDC Ecosystem and to facilitate network adoption and real-world utility. LDA support will help fund new ventures and entities laser-focused on […]

Bajaj Auto shed 1.03% to Rs 3,490.85 after the two wheeler makers total sales declined 2% to 3,94,747 units in September 2022 compared with 4,02,021 units sold in September 2021.

The car major recorded total sales of 1,76,306 units in September 2022, recording a jump of 104.1% as against 86,380 units sold in September 2021.

India sees a jump of 41 places in 7 years in the Global Innovation Index 2022 from a rank of 81 in 2015 to 40 in 2022. The India launch of Global Innovation Index 2022 was successfully hosted by the Confederation of Indian Industry (CII) in partnership with NITI Aayog and World Intellectual Property Organization (WIPO). The 2022 edition of the Global Innovation Index (GII) […]

September PMI data from S&P Global indicated a strong improvement in the health of the Indian manufacturing industry, as companies stepped up production in tandem with a sustained increase in new work intakes. Rates of expansion remained historically high, despite easing from August. To accommodate higher sales and greater output needs, firms hired extra workers and acquired more inputs. Posting 55.1 in September, the seasonally […]

Steel Strips Wheels has achieved net turnover of Rs 359.78 crore in September 2022 compared to Rs 301.21 crore in September 2021, recording a growth of 19.45%. The companys gross turnover rose 25.43% to Rs 445.42 crore in September 2022. In September 2022, the companys alloy wheels segments recorded growth of 156% while passenger car segment recorded growth of 117%. Exports declined 76%. Powered by […]

Tata Coffee Limited is an India-based company that is engaged in the production, trading and distribution of coffee, tea and allied products.

Equity markets likely to have more of a week in red

The Hinduja Group companys total commercial vehicle (CV) sales climbed 84% to 17,549 units in September 2022 from 9,533 units sold in September 2021.

The government fleet of gasoline and diesel vehicles is being considered for replacement with electric powertrain vehicles, and the Centre may soon release a tender to purchase 3,500 EVs.