Maruti Suzuki India, following a successful fiscal year characterized by record exports, expresses confidence in surpassing 300,000 units in overseas shipments for FY25. A senior company official revealed that this accomplishment is part of a strategic scaling process aiming for up to 800,000 units by 2030. Aligned with this trajectory, Maruti Suzuki intends to introduce […]
Voltas, a leading player in the residential air conditioner market, has achieved a milestone by surpassing the two million units mark in AC sales during the fiscal year 2023-24. This marks a 35 per cent growth compared to the previous fiscal year, making Voltas the first company in India’s domestic market to achieve this feat […]
DOMS Industries (“DOMS”), a leading stationery and art materials provider, has ventured into the manufacturing and retailing of bags, including school bags, pouches and related items, to fortify its presence in the back-to-school market. The Board of Directors of DOMS approved the acquisition of a 51 per cent stake in SKIDO Industries (“SKIDO”) with an […]
Blue Star, a leading home appliances company, has announced plans to invest Rs 250 crore in the next financial year to enhance the manufacturing capacity of room air conditioners at its Sri City facility in Andhra Pradesh. Currently, the company boasts a production capacity of 10 lakh room air conditioners across its manufacturing units, including […]
In a strategic move aimed at strengthening its position in the health and wellness sector, Tata Consumer Products is on the verge of acquiring Organic India, a prominent organic tea and Ayurvedic health products firm, according to media reports. Industry insiders suggest that an official announcement regarding the proposed acquisition, which is anticipated to be […]
Rajkot based firm Gopal Snacks has filed preliminary documents with market regulator Securities and Exchange Board of India (SEBI) to raise Rs 650 crore through an initial public offering (IPO). According to the Draft Red Herring Prospectus (DRHP) issued on Tuesday, the issue is completely an offer-for-sale (OFS) of equity shares. OFS includes shares by […]
