• Fri, Apr 28, 2017
  • TVS Motor’s PAT up by 14.1 pc in FY 16-17

    Updated: Apr, 28, 201708:24 AM

    TVS Motor Company reported its financial results for the year 2016-17. With total sales of 29.27 lakh units for the period, its total revenue grew by 9.6 pc to Rs 13363.43 cr.
    TVS Motor’s PAT up by 14.1 pc in FY 16-17
    During the year, the Company strengthened its presence in the motorcycle and scooter segments with new launches and refreshed product portfolio. Motorcycles sales during fourth quarter of 2016-17 is 2.15 lakh units as against 2.47 lakh units registered in fourth quarter of 2015-16. Scooter sales increased from 1.98 lakh units in the fourth quarter of 2015-16 to 2.23 lakh units registered in the fourth quarter of 2016-17. The Company exported 0.98 lakh units of two-wheelers in the quarter under review as against 0.83 lakh units in the fourth quarter of 2015-16. Three wheelers registered sales of 0.15 lakh units in the quarter under review as against 0.21 lakh units in the fourth quarter of 2015-16. TVS Motor Company reported a marginal growth with total revenue going up from Rs.3090.77 crores in the fourth quarter of the financial year...
  • Genesys to strengthen local presence Genesys to strengthen local presence
    Updated: Apr, 28, 201708:17 AM

    Genesys, a global player in omnichannel customer experience and contact centre solutions, is expanding its decade-long presence in India with operations headquartered from Chennai.

  • Google named India’s top draw employer Google named India’s top draw employer
    Updated: Apr, 28, 201708:08 AM

    Search engine giant Google India has been named India’s most ‘attractive employer brand,’ as per the Randstad Employer Brand Research 2017, a large scale public opinion survey on employer branding...

  • Awfis receives $20 million from Sequoia India Awfis receives $20 million from Sequoia India
    Updated: Apr, 27, 201708:36 AM

    Awfis Space Solutions Pvt Ltd, a network of collaborative co-working spaces, has received an investment of $20 million from Sequoia India. The funds will be used to grow its network of centers, launch...

  • Kalyan boosts online business with investment in Candere Kalyan boosts online business with investment in Candere
    Updated: Apr, 27, 201708:22 AM

    Kalyan Jewellers recently acquired online jewellery firm Candere for boosting the jeweller’s presence in the growing online jewellery segment in India. The company will acquire the equity held by...

  • Start-up aims to revive Tamil Nadu’s agri supply chain Start-up aims to revive Tamil Nadu’s agri supply chain
    Updated: Apr, 27, 201708:15 AM

    WayCool Foods and Products, a fast-growing startup in the fresh produce supply chain space, signed an MoU with National Agro Foundation (NAF) with a view to promote farm-related activities.

  • ‘Compliance rating for industry under GST on the cards’ ‘Compliance rating for industry under GST on the cards’
    Updated: Apr, 26, 201708:11 AM

    Trade and industry will be assigned a ‘compliance rating’ based on their credibility with regard to timely deposit of taxes to the exchequer and filing of returns under the goods and services tax...

  • Reliance Entertainment launches OTT platform Bigflix Reliance Entertainment launches OTT platform Bigflix
    Updated: Apr, 26, 201708:09 AM

    Anil D Ambani-led Reliance Entertainment launched Bigflix in a multilingual form for India and global markets on Tuesday.

  • Infosys opens delivery centre in Croatia Infosys opens delivery centre in Croatia
    Updated: Apr, 26, 201707:53 AM

    Infosys Ltd has opened a delivery centre in Croatia to offer R&D and engineering services to its global clients in Eastern Europe, said the IT major.

  • Designer lunchbox maker eyes share in global pie Designer lunchbox maker eyes share in global pie
    Updated: Apr, 26, 201707:51 AM

    A Chennai-based startup has come up with a smart lunchbox, that aims to address the issues of heat retention and freshness in a novel manner. The company Vaya Life (P) Ltd is the brainchild of a...