Adani Enterp.
2363.35 50.75
Adani Ports
1196.75 15.15
Apollo Hospitals
6492.05 -27.75
Asian Paints
2338.1 14.95
Axis Bank
1098.35 2.10
B P C L
276.06 3.05
Bajaj Auto
7974.3 -2.80
Bajaj Finance
9003.85 137.80
Bajaj Finserv
2005.75 62.35
Bharat Electron
300.65 1.11
Bharti Airtel
1724.7 -13.85
Britannia Inds.
4841.2 -8.50
Cipla
1482.9 6.70
Coal India
396.85 2.05
Dr Reddy's Labs
1162.2 -2.40
Eicher Motors
5345.75 -57.55
Grasim Inds
2618.7 37.10
HCL Technologies
1630.15 -3.25
HDFC Bank
1825.35 18.80
HDFC Life Insur.
681.9 13.50
Hero Motocorp
3772.05 126.10
Hind. Unilever
2244.65 -1.30
Hindalco Inds.
693.35 2.05
ICICI Bank
1336.65 0.75
IndusInd Bank
673.55 18.25
Infosys
1603.55 4.10
ITC
409.45 2.10
JSW Steel
1059.75 3.30
Kotak Mah. Bank
2128.65 -16.25
Larsen & Toubro
3501.6 56.80
M & M
2733 -9.25
Maruti Suzuki
11721.95 -12.35
Nestle India
2242.05 -1.40
NTPC
360.65 6.00
O N G C
242.17 2.45
Power Grid Corpn
295.5 4.65
Reliance Industr
1278.2 5.15
SBI Life Insuran
1544.9 3.60
Shriram Finance
678.5 6.50
St Bk of India
772.3 8.30
Sun Pharma.Inds.
1731.45 -27.50
Tata Consumer
973.55 13.90
Tata Motors
668.55 -39.70
Tata Steel
155.42 -0.39
TCS
3651.2 15.40
Tech Mahindra
1423.9 7.60
Titan Company
3087.65 30.15
Trent
5422.3 100.35
UltraTech Cem.
11599.6 197.50
Wipro
272.2 4.80
Birla Estates, a wholly owned subsidiary of Aditya Birla Real Estate(formerly Century Textiles and Industries ), announced record sales of approximately Rs 3000 crore with Birla Arika, Gurugram. This luxury residential project, spread over 13.275 acres (53722.01 sq. mtrs) of land, with a development potential of 2.4 million sq.ft., is located in the coveted Sector 31, Gurugram.
Strategically positioned just off NH-48, Sector 31, Gurugram, this rare land parcel offers an unparalleled downtown living experience, featuring seven high-rise towers of 40/41 storeys each. The development will be rolled in two phases, with Phase-I launching four towers comprising 322 residences. Crafted for modern communities and sustainable living, the project features only two luxurious residences per floor, ensuring enhanced privacy and space along with ample cross-ventilation. The expansive 4 BHK homes spanning over 4,200 sq. ft. (390.19 sq. mtrs), promises a curated lifestyle with four distinct clubhouses, extensive green spaces, and a dedicated 1-acre forest zone. This creates a tranquil and eco-friendly urban retreat complete with meticulously planned amenities that embody true luxury.
In wake of continuing general economic uncertainty faced in both the UK and Europe, and slower than expected transition to EVs in public transport, the Board of Directors of Switch Mobility UK (Switch UK) today approved commencement of consultation process with the employees which could potentially lead to cessation of its manufacturing and assembly activities at the Sherburn facility.
Switch UK will execute and complete all the orders on hand and will continue to provide aftermarket support for the existing vehicle parc. The plan is to cater to the UK and Europe markets when market recovers, from Ashok Leyland's alternate manufacturing sites in India and UAE. At the same time, the Switch Mobility Automotive, India (Switch India) is planning to double-down on the high-growth India EV market, which is poised to grow multi-fold in the next few years.
Shenu Agarwal, MD & CEO, Ashok Leyland, said, “While Ashok Leyland remained committed to the UK market over the last 15 years, adoption of zero emission passenger vehicles has been tepid. This seems to be the right time to cut down losses in the UK market.
On the other hand, the EV bus market in India is doing exceptionally well. Switch India is likely to achieve EBITDA breakeven in FY25, and is hoping to treble volumes in FY26, on back of 1800+ e-Bus orders in hand. In e-LCVs, within the 2-3.5T segment, the Company's market share is at 80% plus, with prospects of 50-80% volume growth in FY26”.
K M Balaji, Chief Financial Officer, Ashok Leyland, said, “The potential cessation of manufacturing activities is expected to mitigate the losses of UK operations. The current cash flow requirements of Switch UK will be borne out of GBP 45mn of equity infusion already approved by the Board of Ashok Leyland in February this year. Switch India is doing much better than expected and should not require significant equity infusion in near future. On an overall basis the value accretion from Switch EV business is expected to be much more than the investments made in these entities”.
Post conversion of warrants, the shareholding of Bajaj Finserv in Bajaj Finance has increase to 51.39%.
Commenting on the launch, Siddharth Sharma CEO – Connected Homes and Chief Marketing Officer, Bharti Airtel, said, “The launch heralds a new era in home entertainment where cuttingedge technology seamlessly blends traditional linear TV with a bouquet of streaming Apps for an immersive digital experience for customers. Backed by Airtel's high-speed Wi-Fi, we are certain that consumers will have a fantastic converged home experience with Airtel IPTV.”
All new customers can enjoy IPTV on the purchase of new Wi-Fi plans. Customers can visit the website https://www.airtel.in/ or walk into any of Airtel stores.
Existing Airtel Wi-Fi customers can upgrade their plan to IPTV plans through Airtel thanks app or visit any Airtel store.