Godrej Properties has sold over 2,000 homes worth over Rs 3,150 crore in its project, Godrej Woodscapes, located in Whitefield-Budigere Cross, Bengaluru. This is Godrej Properties' most successful launch ever in terms of the value and volume of sales achieved and is the second launch with Rs 3,000 crore sales in the past three months.
GTPL Hathway has entered into a share transfer agreement to acquire balance 49% of equity stake i.e., 72,609 equity shares of Rs 10 each from the existing shareholders of GTPL Sorath Telelink, a subsidiary of the company for a cash consideration of Rs 10 per equity share aggregating Rs 7.26 lakh. The aforesaid acquisition of equity shares is for consolidation of business operations. Post acquisition, GTPL Sorath will become a wholly owned subsidiary of the company.
Cupid has entered into strategic partnership with SAP to implement the cutting-edge ERP system, SAP S/4HANA Cloud. This initiative underscores Cupid’s dedication to enhancing operational efficiency, improving decision-making processes, and driving sustainable growth through advanced technology. The integration of SAP S/4HANA Cloud will equip Cupid with a comprehensive suite of integrated applications, facilitating superior real-time data processing and analysis. This will enable more efficient resource management, supply chain operations, and new B2C distribution channels.
Latent View Analytics has acquired 70% of the fully diluted equity share capital of Decision Point on July 1, 2024. With this acquisition, Decision Point has become a subsidiary of the Company.
NTPC has reported a significant 15% year-on-year increase in coal production from its captive mines, totaling 9.862 metric million tonnes (MMT) in the first quarter of FY25. The company also revealed a 17.15% growth in coal dispatch, achieving 10.194 MMT during the same period.
Maruti Suzuki India has reported a 12 per cent increase in total wholesales to 1,79,228 units in June 2024. The company had dispatched 1,59,418 units to its dealers in the same month last year. The total domestic passenger vehicle sales were 1,37,160 units last month compared to 1,33,027 units in the year-ago month, a growth of 3 per cent. Sales of mini-segment cars, comprising Alto and S-Presso, declined to 9,395 units from 14,054 units in June 2023. Sales of compact cars, including Baleno, Celerio, Dzire, Ignis, Swift, Tour S and WagonR, stood at 64,049 units against 64,471 units in the year-ago month.
DCX Systems has received a contract/order for Rs 1,250 crore plus Applicable Taxes from Larsen & Toubro, India for Manufacture and Supply of Electronic Modules. The said order is expected to be completed within 3 years.
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