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This divestment finalizes the agreement signed on July 15 between HUL and A.O. Smith, aimed at boosting A.O. Smith’s product portfolio and distribution across India.

Welspun plans to execute these orders within FY25 and FY26, reinforcing its presence in both domestic and international markets.

According to the report, sales of models with engines up to 350cc increased by 27% to 96,837 units from 76,075 units in October of the previous year.

In comparison to the 87,839 cars sold in September 2024, Mahindra & Mahindra's (M&M) total auto sales increased 10.03% month over month in October 2024.

According to futures, there is an 83% possibility of a move of the same magnitude in December and a 99% chance of a quarter-point decrease to 4.50%–4.75%.

While the August PCE inflation was upped to 2.3%, the Sep-24 PCE inflation at 2.1% is almost on target

Gensol’s role will cover the complete project lifecycle, including land acquisition, design, engineering, procurement, logistics, and construction.

The Building Division secured the largest contract share, worth ₹2,694 Crore, followed by the Electrical Division with projects valued at ₹538 Crore.

The IPO consists of both a new issue of equity shares valued at Rs 800 crore and a promoter's offer to sell shares valued at Rs 1,400 crore.

During the given period, the overall sales of light commercial vehicles (including domestic and exports) decreased by 12% year over year to 5,902 units.