Geeta Nair

Energy and environment solutions company Thermax on Monday opened a new manufacturing facility in Chinchwad, Pune, for water and wastewater treatment solutions.

In the first three quarters of FY24, the company sold 3,865 Qute units -- 3,080 units were exported and 658 units sold in the domestic market.

The company also reported a flat Ebit margin of 14.5% during the March quarter, against a market expectation of margin improvement during Q4.

Persistent has been looking at delivery productivity gains to customers using AI and automation tools.

Royal Philips launched five new products last year from Pune -- two in diagnosis, (X-ray systems), and three in mobile surgery. All of the global mobile surgery business is located in the centre so that all the R&D for that business is done here.

KPIT Technologies on Monday bettered its guidance and reported a 5.8% sequential growth in net profit to Rs 164.4 crore for the March quarter.

The National Institute of Bank Management (NIBM), Pune, has achieved 100% placement for its 2022-24 PGDM (Banking and Financial Services) batch, with all 130 students successfully placed.

Kalyani's legal team seeks time till May 9 to reply, asks court to not act till then

The Indian film industry has bounced back in terms of volumes, with the India box office numbers reaching Rs 12,000 crore compared to Rs 10,000-11,000 crore pre-Covid levels, Ajay Bijli, managing director, PVR INOX, said.

Gaurishankar Kalyani, brother of Baba Kalyani and Sugandha Hiremath, said the Suit filed by Sugandha Hiremath's children is liable to be rejected, as their mother had clear knowledge that she was excluded from the Hindu Undivided Family (HUF) and had no locus standi.