Weekly Flashback: Top News That You Might Have Missed

Published : 4 August 2023

By : Sachin Gupta

For the first quarter ended June 30, Eicher Motors outperformed street expectations and reported its highest-ever net profit of Rs.918 crore. 

1. Eicher Motors posts record profits

The total revenue from operations for the under review quarter was Rs.3,986 crores, an increase of 17.3%. 

Torrent Power has entered the electric mobility infrastructure industry with four charging stations in Gujarat. 

2. Torrent Power enters e-mobility infrastructure space

In Ahmedabad, the initial set of charging stations has been set up. Torrent Power and Siemens worked together to create the EV charging network.

Oil India Ltd. (OIL), a petroleum-related central public sector enterprise (CPSE), has been promoted by the central government to Maharatna status, bringing the total number of Maharatnas to 13.