Toyota Kirloskar Motor (TKM) has reported a consolidated net profit of Rs 4,787 crore for 2023-24 (FY24) - more than three times the earnings recorded the previous year. This growth can be attributed to robust demand for its vehicles, particularly hybrid models and cross-badged cars from the Toyota-Suzuki alliance.
After reports claimed that filings in patent offices in India, the US, and Europe did not mention ICMR or its scientists, but only BBIL and its scientists, the Hyderabad-based biotechnology (biotech) company clarified that in the "rush" to develop vaccines and file appropriate patents, BBIL had missed adding ICMR's name in the original filings.
Rajasthan Cricket Association's (RCA) office and its academy were also sealed, along with the stadium.
Maruti Suzuki India (MSIL) will hold discussions with the Centre and state governments on how the production of compressed biogas (CBG), which can be used in vehicles that run on compressed natural gas (CNG), can be expanded in the country, its majority shareholder Suzuki Motor Corporation (SMC) said. The demand for CNG vehicles has been rising significantly in the country. MSIL sold 145,000 CNG vehicles in the first quarter of 2024-25, marking a 28.3 per cent year-on-year (Y-o-Y) growth.
'They (India) have no excuse for not playing in UAE. The MOU is between PCB and BCCI and it states clearly that the series will be held in the UAE or any other mutually accepted venue'
The Microsoft Corporation India on Wednesday signed a memorandum of understanding with the Punjab Government for jointly developing and deploying an array of technology for e-governance in the state.
India and the US have signed an agreement to promote innovation through increasing cooperation among startups, address regulatory hurdles and share best practices on fundraising by entrepreneurs, an official statement said on Wednesday. The memorandum of understanding (MoU) on enhancing innovation ecosystems through an innovation handshake under the framework of India-US Commercial Dialogue was signed on November 14 in San Francisco. Commerce and Industry Minister Piyush Goyal is in San Francisco.
Aiyar, who has stoked controversies in the past with his comments, made the remarks at the launch of the book Nehru's First Recruits.
World's largest steel maker Mittal Steel on Saturday signed an MoU with the Jharkhand government, committing to invest approximately Rs 40,000 crore (Rs 400 billion) to enter mining and steel making operations in the state.
Prime Minister Narendra Modi on Friday held bilateral talks with Italian counterpart Giorgia Meloni in Bari during which they discussed defence and security cooperation and hoped for further enhancing the defence industrial collaboration.
The arguments in the high-voltage bitter legal battle for the first time saw Anil Ambani sitting during the court proceedings throughout the day.
The Union Cabinet on Thursday gave its post facto approval to a memorandum of understanding between India and Iran on cooperation in the hydrocarbon sector.
Each bottle of pickle that leaves FarmDidi, headed to a consumer, has a little kahani behind it -- it's linked to the tale of a life, the life of a simple, striving village woman who created it, and that's what gives Manjari Sharma satisfaction and happiness.
In March 2021, Ola Electric founder Bhavish Aggarwal was seen surveying an empty 500-acre land surrounded by shoe factories, temples, bakery shops, coconut trees and dusty roads in Pochampalli town of Krishnagiri district, Tamil Nadu. Many excavators and workers were busy at the construction site to build the Ola Futurefactory for electric vehicles.
The Indian captain signed an MoU with Videocon International Limited for establishing a world class cricket academy in Kolkata.
Dada present at event bringing La Liga to India.
US-based coffee giant Starbucks on Thursday said it is moving forward with the memorandum of understanding (MoU) signed with Tata Coffee and hopes to make an announcement soon even as the government has notified 100 per cent FDI in single brand retail.
The Power Grid Corporation of India and the State Grid Corporation of China have signed a three-year memorandum of understanding to share experiences in transmission and telecommunications.
Both the institutions will take up common academic programmes, initiate joint research and exchange students.
India and Iran on Monday signed a 10-year contract for the operation of a terminal at the strategically important Chabahar port in Iran, a move that will boost regional connectivity as well as trade ties. This is the first time India will take over the management of an overseas port that will also have a multiplier effect on trade among India, Iran and Afghanistan as efforts continue to directly tap the potential in Central Asia, bypassing neighbouring Pakistan.
Posco India had entered into an MoU with the state government on June 22, 2005 and with the term of the agreement coming to end this month, it requires to be renewed.
India and the United States have entered into an agreement for improving consumer product safety.
Cisco Systems and Indian Computer Emergency Response Team on Tuesday signed a memorandum of understanding on IT security co-operation in the country.
Although the BJP has never been ballistic about the BJD and Narendra Modi has avoided being critical of Naveen Patnaik, the BJP is optimistic that the party can improve its electoral fortunes in Odisha on its own, notes Rup Narayan Das.
In its response, the Ministry of Defence issued a statement saying tableaux proposals from states and Union territories and central ministries or departments are evaluated by an 'expert committee' comprising eminent persons in the fields of art, culture, painting, sculpture, music, architecture and choreography among others.
InterGlobe Enterprises on Thursday said it along with Archer Aviation plans to launch an all-electric air taxi service across India in 2026. Once launched, the InterGlobe-Archer flight will aim to take passengers from Connaught Place in the national capital to Gurugram in Haryana in approximately 7 minutes whereas by road, the 27-kilometre-long trip will take 60-90 minutes, according to a release. Both companies have entered into a Memorandum of Understanding (MoU) with the goal of partnering to launch and operate an all-electric air taxi service in India, subject to appropriate regulatory approvals and clearances.
Sidestepping objections from several opposition parties, the Orissa government is all set to sign a memorandum of understanding with the South Korean steel major Posco in Bhubaneswar on Wednesday for the establishment of a Rs 52,000 crore (Rs 520 bil
Bill Gates, who was in Lucknow on a day's visit, assured the UP chief minister of full support by the Foundation to develop innovative solution and provide catalytic, technical, managerial and advocacy support.
Varanasi, which Prime Minister Narendra Modi represents in the Lok Sabha, will be developed into a 'smart city' by using the experience of Kyoto, the 'smart city' of Japan, under a pact signed in Kyoto on Saturday.
The MoU was signed in presence of visiting French Minister of State for Transport Dominique Bussereau, Minister of State for Railways Naranbhai Rathwa, Chairman and Managing Director SNCF International (French Railways) Jean-Pierre Lubinox and Railway Board Chairman K C Jena. The agreement will be valid for a period of three years and it will enable mutually beneficial cooperation between the two railways, Jena said.
The wagh nakh is likely to be housed in the Chhatrapati Shivaji Sanghralaya (museum) in south Mumbai.
Sebi has signed an MoU with its Pakistani couterpart to enhance cooperation between the two countries.
Mukesh Ambani-owned Reliance Industries (RIL) is in discussions to acquire a 29.8 per cent stake in Tata Play from the Walt Disney Company, according to sources close to the development. This move is seen as part of RIL's broader strategy to deepen its footprint in India's television distribution sector. Tata Sons, the holding company of the Tata group, currently holds a 50.2 per cent stake in the satellite television broadcaster.
The first IIT campus outside India will come up in Tanzania's Zanzibar and it is expected to launch academic programmes in October, the ministry of external affairs (MEA) said on Thursday.
The University of Mumbai and Times Foundation signed a memorandum of understanding on Thursday in Mumbai under which the foundation will construct a building dedicated to study how to handle disasters.
CII will renew its MoU with the China Council for the Promotion of International Trade on June 25 in Beijing to continue with the sustainable institutional cooperation between the business communities of both countries.
Information acquired Right to Information activist Mahendra Yadav, has revealed that JAS Infrastructure Capital Pvt Ltd, one of the five companies against whom the Central Bureau of Investigation had registered first information reports, had acquired the coal blocks without signing a revised Memorandum of Understanding.
Imaad Shah's Tuesday's Women, Haoban Paban Kumar's Iron Women of Manipur, Shivam Singh Rajput's Ladakh 470 and Samman Roy's The Exile are among 10 titles to watch out for at the 17th edition of the Film Bazaar.
Ahlstrom, a global market leader in high performance fibre-based materials, has signed an MoU with Mundra Port and special economic zone of the Ahmedabad-based Adani group for 50,500 Sq Mtrs area in the Textile and Apparel Park.