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Fashinza raises USD 30 mn from Mars Growth Capital

Fashinza raises USD 30 mn from Mars Growth Capital

B2B e-commerce startup Fashinza, which focuses on global fashion supply chains, has secured USD 30 million debt funding from Liquidity Group subsidiary Mars Growth Capital, the company said on Tuesday. The Gurugram-based firm plans to use the funds to fuel its ongoing transition into a global business with significant operations in the USA, Gulf, and [...]
IRB Infra total toll collection rises 27% to Rs 351.75 cr in Feb

IRB Infra total toll collection rises 27% to Rs 351.75 cr in Feb

IRB Infrastructure Developers on Thursday said its total toll collection across all projects has increased 27 per cent year-on-year to Rs 351.75 crore in February 2023. The company had reported the toll collection at Rs 277.47 crore in February 2022, it said in a statement. IRB Infrastructure Developers Chairman & Managing Director Virendra D Mhaiskar [...]
Tata Motors total vehicle sales up 3% at 79,705 units in Feb

Tata Motors total vehicle sales up 3% at 79,705 units in Feb

Tata Motors on Wednesday reported 3 per cent year-on-year growth in total wholesales at 79,705 units in February. In the year-ago period, the company's total vehicle sales stood at 77,733 units. Domestic vehicle sales were up 6 per cent at 78,006 units last month over 73,875 units in February 2022, Tata Motors said in a [...]
Mahindra sales up 8% to 58,801 units in Feb

Mahindra sales up 8% to 58,801 units in Feb

Mahindra & Mahindra (M&M) on Wednesday said its total sales increased by 8 per cent to 58,801 units in February. The company's total dispatches to its dealers stood at 54,455 units in February 2022. The Mumbai-based auto major's passenger vehicle sales in the domestic market rose by 10 per cent to 30,358 units last month [...]
Maruti Suzuki sales up 5% in February at 1,72,321 units

Maruti Suzuki sales up 5% in February at 1,72,321 units

Maruti Suzuki India on Wednesday said its total wholesales increased 5 per cent to 1,72,321 units in February. The country's largest carmaker had dispatched 1,64,056 units to its dealers in February 2022. Domestic wholesales rose 11 per cent to 1,55,114 units as compared with 1,40,035 units in February last year, the automaker said in a [...]
Toyota Kirloskar sales up 75% in Feb at 15,338 units

Toyota Kirloskar sales up 75% in Feb at 15,338 units

Toyota Kirloskar Motor (TKM) on Wednesday said its wholesales increased 75 per cent year-on-year to 15,338 units in February 2023. The company had dispatched 8,745 units in the domestic market in February last year. "We are witnessing a continued interest from customers across our product portfolio, resulting in a very healthy growth in the month [...]
Bajaj Auto sales dip 11% in Feb on export woes

Bajaj Auto sales dip 11% in Feb on export woes

Bajaj Auto on Wednesday said its total wholesales declined by 11 per cent year-on-year to 2,80,226 units in February. The Pune-based company had dispatched 3,16,020 units to its dealers in February 2022. In a regulatory filing, the company said its total domestic sales increased by 36 per cent to 1,53,291 units last month, as compared [...]
HSBC India pre-tax profit jumps 15% to USD 1.277 billion

HSBC India pre-tax profit jumps 15% to USD 1.277 billion

Foreign lender HSBC on Tuesday reported a 15.04 per cent jump in its pre-tax profit from operations in India at USD 1.277 billion for 2022. The bank had reported a pre-tax profit of USD 1.11 billion from its operations in India, which continues to be fourth largest contributor for group profits, in 2021. It has [...]