Mahindra Logistics (MLL) and Rivigo Services (RSPL) have announced that they has reached agreement for purchase of RSPL's B2B express business by MLL. Under the terms of the agreement, MLL will acquire the express business through a Business Transfer Agreement (BTA), including the customers, team and assets of RPSL's B2B express business, RSPL's technology platform and the Rivigo brand. RSPL will continue to own its truck fleet & the rights to the full truck load (FTL) operations.
DLF will develop a new luxury housing project in Gurugram with an estimated sales realisation of about Rs 1,800 crore. The company has launched its project 'The Grove', which is located at DLF phase-5.
Bharti Airtel has launched Xsafe, an easy-to-operate, end-to-end home surveillance solution that includes a range of Wi-Fi based advanced cameras designed to ensure customers are connected to their homes even while they are away, thereby ensuring complete peace of mind. Available across 40 cities including Mumbai, Delhi-NCR, Bangalore, Chennai and Kolkata, customers can book Xsafe devices either by visiting websites or by simply logging in to the Airtel Thanks App.
Tata Motors is planning to continue investing in the range of Rs 2,000 crore in its commercial vehicle business per annum going ahead in order to drive in new models based on various kinds of powertrains. The company, which strengthened its pickup line with the launches of Yodha 2.0, Intra V20 bi-fuel and Intra V50 models, is also looking to transition to electric mobility through vehicles powered by CNG and other alternative fuel options.
Hero MotoCorp has launched Hero GIFT- the Grand Indian Festival of Trust. A celebration spanning across the festive season, the initiative includes exciting model refreshes, retail benefits, slew of financing schemes, pre-booking offers and much more. The Hero GIFT program builds on the trust factor that Brand Hero enjoys among the customers. The theme for the mega-campaign this year is ‘India, Let’s Celebrate, Phir Se Dil Se’, which reflects the excitement with which families in the country are preparing for the normal festive season after a hiatus of two years.
Orient Bell has completed the expansion at its Hoskote plant in Bengaluru in the state of Karnataka involving capex of Rs 34 crore well ahead of schedule. With this the total capacity of the company has increased from 32 MSM p.a. to 33.8 MSM p.a. (includes 10 MSM p.a of the associated entities).
DMR Hydroengineering & Infrastructures has received a work order for providing consultancy services for Detail Designing of Road Tunnel Project works in the state of Chhattisgarh on September 26, 2022. The work order will be for a period of 24 months for an aggregate amount of Rs 1.08 crore plus applicable taxes only.
| Company Name | CMP |
|---|---|
| Bajaj Auto | 9777.15 |
| Hero MotoCorp | 5229.25 |
| TVS Motor | 3743.60 |
| Eicher Motors | 7189.40 |
| Ather Energy | 850.65 |
| View more.. | |
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