News Overview

According to a release, the corporation has created the unit for financing aviation assets.

The bank can increase the stake in the insurance firm through one or more tranches by August 31, 2024

Shashank Srivastava told CNBC-TV18 that the automaker outperformed the sector last month with a YoY growth rate of 16.5%.

According to this agreement, the facility will produce 13.75 million units of clean energy from renewable sources.

Domestic passenger vehicle sales hit a record high in August, driven by Maruti Suzuki's highest-ever monthly dispatches and strong SUV demand

The subsidiary will conduct nonbanking financial activities without accepting public deposits

Mahindra & Mahindra and Tata Motors will be the OEM partners providing 3-wheelers for bottle distribution in four states

The stock was up 3.23% from its previous finish at Rs 131 as of 12:30 am on the BSE, while India's key Sensex increased by 0.08% to 65.436 points.

While the near-term inventory destocking at BE will consolidate Clean Energy revenues in FY24, the segment will rebound from FY25 with 35-40% Cagr revenues.

Analysts of IIFL Capital Services believe its twice-the-market growth rate in chronic segment led by Cardiac therapy and robust execution in acquired portfolios will continue to drive its sustained 400-500bps outperformance in domestic market.