Friday, Jan 24 2025 | Time 18:04 Hrs(IST)
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Business Economy


Montra Electric of Murugappa Group set to enter E-SCV space

Chennai, Sep 5 (UNI) Montra Electric, the EV brand Murugappa Group, has planned
to launch their e-SCV in the coming months.
The launch of the e-SCV will signify the group's entry into the electric small commercial
vehicle space, according to a press release.
Once launched, the vehicle is expected to bring about a significant change in India's
mid-mile and last-mile mobility sectors, thanks to its distinctive design, strong performance,
and durable build quality.
The development of the Montra Electric SCV has been a result of extensive research and
testing at the state-of-the-art Ponneri plant on the northern suburb of Chennai.
It has also taken into account market gaps and customer feedback to ensure that it becomes
the preferred choice for customers.
TIVOLT Electric Vehicles, a subsidiary of TI Clean Mobility (TICMPL) is dedicated to transform
urban transportation in India by focusing on the Electric Small Commercial and Light Commercial Vehicle segment.
With a core vision of revolutionizing urban mobility, TIVOLT aims to deliver innovative and
sustainable transportation solutions that prioritize customer profitability while addressing the
growing demand for cleaner, more efficient vehicles.
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Laurus Labs net profit jumps 300 pc to Rs 92 crore in Q3FY25

24 Jan 2025 | 5:09 PM

Hyderabad, Jan 24 (UNI) Laurus Labs Ltd., a leading research and development-driven pharmaceutical and biotech company in India, on Friday reported a net profit of Rs 92 crore in Q3FY25, a 300 percent increase from Rs 23 crores in the previous year.

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Granules India net profit down 6 percent to INR 1,176 Mn in Q3 FY25

24 Jan 2025 | 4:44 PM

Hyderabad, Jan 24 (UNI) Granules India Ltd., a vertically integrated pharmaceutical company, on Friday reported a 6 percent down in its net profit to INR 1,176 Million for the quarter ended December 31, 2024, as compared to INR 1,257 million in the year-ago period.

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Grant infra status to hotels irrespective of their locations, CII tells Govt

Grant infra status to hotels irrespective of their locations, CII tells Govt

24 Jan 2025 | 3:36 PM

New Delhi, Jan 24 (UNI) Days ahead of the Union Budget, industry body Confederation of Indian Industry (CII) has proposed that granting 'infrastructure status' to the hotel sector should be delinked from geographical or population criteria.

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Sensex up over 200 pts

Sensex up over 200 pts

24 Jan 2025 | 11:05 AM

Mumbai, Jan 24 (UNI) The BSE Sensex continued to climb on Friday too, advancing 282 pts to 76,802.73 in the opening session as buying was seen in metal, oil and gas, and power stocks.

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Indo-Taiwan semiconductor venture to boost ties: Richard Chen

Indo-Taiwan semiconductor venture to boost ties: Richard Chen

24 Jan 2025 | 10:29 AM

By BD Narayankar
Bengaluru, Jan 24 (UNI) In a significant development for India’s burgeoning semiconductor sector, Richard Chen, Director of the Taipei Economic and Cultural Centre (TECC) in Chennai, has expressed strong optimism about the ongoing collaboration between Tata Electronics and a Taiwanese partner.

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