Business news India: Latest India business news headlines today 4 April 2022
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Here’s today’s business news, the latest business news in India today 4 April 2022.
- The two bids made by Andhra Pradesh for tenders by Adani Enterprises for the supply of imported coal have been canceled as the quoted prices were very high.
- Indian Oil Corporation to invest Rs 840 crore for the expansion of its Petroleum, Oil, and Lubricant storage capabilities and for setting up greenfield facilities in the Northeast.
- The makers of air conditioners aim for double-digit growth in the current year as the prices for residential ACs may rise by 5%.
- Maruti Suzuki India is aiming to sell around 4-6 lakhs units of CNG in the current FY as it has been noticed that consumers choose CNG cars for their lower running costs and continuous increase in the cost of fuel.
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- Tata Power has partnered with Rustomjee Group for providing charging solutions for electric vehicles across its residential and commercial projects in the Mumbai Metropolitan Region.
- Numaligarh Refinery Ltd has signed an MoU with Engineers India Ltd with an aim to expand its research activities.
- Cosmo Films to invest Rs 140 crore for setting up a CPP film production line in Aurangabad.
- The total sales of Royal Enfield have increased by 2.75% from 66,058 units in March 2021 to 67,677 units in March 2022.
- An order with Rs 300 crore from BMW Motorrad has been bagged by Sansera Engineering for the supply of aluminum forging components.
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- A special counter for offering fresh currency notes and exchange facilities to devotees has been opened by Jammu and Kashmir Bank at its business unit in Shri Mata Vaishno Devi Bhawan.
- Minosha India aims for a turnover of Rs 500 crore in the next five years after signing a partnership pact with Japanese firm.
- A total of 712 electric vehicles has been delivered by Tata Motors along with the dealers to individual customers in Goa and Maharashtra.
- EKA, a commercial electric vehicles maker, has unveiled the first e-bus E9 along with the Minister of Tourism and Environment of Maharashtra at Pune’s Alternate Fuel Conclave.
- Dr Reddy’s has signed an agreement with Novartis for the acquisition of the cardiovascular brand Cidmus in India for Rs 456 crore.
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