Honda Motorcycle and Scooter announced its decision to create a separate business vertical called "Overseas Business Expansion". Like other two-wheeler manufacturers, HMSI is also trying to increase exports of its products from India. The new vertical, Overseas Business Expansion, will spearhead HMSI's ambition to export world-class two-wheelers to the most advanced two-wheeler markets.

Hero MotoCorp unveiled a comprehensive range of sales and aftersales services on the messaging app – WhatsApp. With this, Hero MotoCorp customers can now avail themselves a host of services from an easy-to interact menu-based chatbot that can be accessed 24*7. Initiating WhatsApp support is in line with the company's objective to provide contactless and easily accessible sales & service options.

For the last one month, SoftBank was evaluating India's two food tech majors, Zomato and Swiggy for a possible investment. After separate calls with Zomato founder Deepinder Goyal and Swiggy founder Sriharsha Majety last week, SoftBank founder Masayoshi Son has finally made up his mind. It will invest $450-$500 million in Swiggy at a post-money valuation of close to $5.5 billion.

Sharekhan has worked out its Q4 (January-March’ 21) earnings estimates for the Banking sector. The brokerage house expects the State Bank of India to report net profit at Rs 6,540 crore up 82.6% year-on-year (up 27.4% quarter-on-quarter). Net Interest Income (NII) is expected to increase by 30.7% Y-o-Y (up 3.2% Q-o-Q) to Rs 29,751 crore, according to Sharekhan.

Sharekhan has worked out its Q4 (January-March’ 21) earnings estimates for the Banking sector. The brokerage house expects the Bank of India to report a net profit of Rs 1,268 crore up 150.2% year-on-year (up 19.5% quarter-on-quarter). Net Interest Income (NII) is expected to increase by 15.1% Y-o-Y (up 1% Q-o-Q) to Rs 7,826 crore, according to Sharekhan.

Sharekhan has worked out its Q4 (January-March’ 21) earnings estimates for the Banking sector. The brokerage house expects Bank of Baroda to report net profit at Rs 1,268 crore up 150.2% year-on-year (up 19.5% quarter-on-quarter). Net Interest Income (NII) is expected to increase by 15.1% Y-o-Y (up 1% Q-o-Q) to Rs 7,826 crore, according to Sharekhan.

Sharekhan has worked out its Q4 (Jan-Mar’ 21) earnings estimates for the Banking sector. The brokerage house expects Punjab National Bank to report net profit at Rs 948cr (up 87.3% quarter-on-quarter). Net Interest Income (NII) is expected to increase by 83.5% Y-o-Y (up 3.3% Q-o-Q) to Rs 8,586 crore, according to Sharekhan. Pre Provision Profit (PPP) is likely to rise by 62% Y-o-Y to Rs 6,372 cr.

Amazon CEO Andy Jassy on Thursday announced a $250 million Amazon Smbhav Venture Fund for startups and entrepreneurs focusing on digitising small and medium enterprises (SMEs). It would help in innovating the agriculture and healthcare sectors to improve farmer productivity and healthcare access for people using technology respectively.

Wipro on April 15 reported a 0.1% sequential growth in consolidated profit to Rs 2,972.3 crore for the quarter ended March 2020. IT Services major clocked revenue at Rs 16,334 crore for the quarter, growing 3.9% QoQ and beating CNBC-TV18 poll estimates which pegged it at Rs 15,768 crore. The revenue growth in constant currency came in at 3% for the March quarter.

Despite his vocal support to Tata Group companies, Rakesh Jhunjhunwala’s actions during the March quarter belie his words. After selling Titan Company shares in the March quarter, he has also trimmed his stake in internet infrastructure provider Tata Communications held through his wife. In the March quarter, the ace investor sold 2.5 lakh Tata Communications shares held in his wife’s name.

MBL Infrastructure Limited has inaugurated the newly constructed Vivekananda & Ahilyabai Chhatrawas of Dr B. R Ambedkar, National Law University, in Sonepat District, Haryana on 14th April 2021 by Hon'ble Chief Minister of Haryana through video conferencing in the presence of various dignitaries. The value of the contract is expected to be Rs92.46cr.

Motilal Oswal has worked out its Q4 (January-March’ 21) earnings estimates for the Automobiles sector. The brokerage house expects Bajaj Auto to report a net profit of Rs. 1298.1 crore down 0.9% year-on-year (down 16.6% quarter-on-quarter). Net Sales are expected to increase by 19.9% Y-o-Y (down 8.2% Q-o-Q) to Rs. 8,175.6 crore, according to Motilal Oswal.

Facebook inked a deal for the first time in India to buy renewable energy in India from a local firm's wind power project. The 32-megawatt wind power project, located in southern Karnataka state, is part of a larger portfolio of wind and solar projects that Facebook and Mumbai-based CleanMax are working together on for supplying renewable power into India's electrical grid.

Mahindra & Mahindra, which was among the first to get into electric vehicles (EVs), could not develop even a single four-wheel EV so far in 2021. The Mumbai-based automaker made the maximum investments, of around Rs 1,000 crore, in the EV space, compared to any other company in India. Even the eVerito, the only electric 4W sold by M&M, is being made against confirmed orders now.

AngelList India head Utsav Somani is introducing a $15 Mn micro-fund iSeed II to support 50 Indian early-stage tech startups across sectors in the coming two years. Approximately 60 limited partners have invested in the fund, which includes prominent India and Silicon Valley-based investors, entrepreneurs and venture capital (VC) fund managers.