Tata Motors Q4 net profit down nearly 50%

New Delhi
Tata Motors on Wednesday reported 49.82% decline in consolidated net profit to Rs 2,176.16 crore for the fourth quarter ended March 31, 2017-18. It had posted net profit of Rs 4,336.43 crore in the corresponding period of 2016-17. It consolidated income from operations during the quarter stood at Rs 91,279.09 crore. PTI

Chandigarh
Bajaj Finance offers EMI on lifestyle products

Bajaj Finance has launched a campaign ‘Fit For Life Fest’ to offer fitness and wellness products at no-cost EMI option. Under the offer, customers can avail products such as cycles, spa treatments, gym memberships, fitness equipment, smart watches etc. and treatment for hair restoration, cosmetic surgery, eye care, dental care, maternity, IVF and stem cell on EMI. tns

New Delhi
TCS expands operations in Florida

India’s largest IT services firm TCS on Wednesday said it has expanded operations in Florida, US, with over 430 employees joining the company as part of its deal with Transamerica. In January, TCS had signed an over $2-billion deal with Transamerica to administer the latter’s life insurance, annuity, supplemental health insurance, and workplace voluntary benefits products. PTI

Hyderabad
Pfizer recalls 1.8 m antibiotic vials from US

Pfizer Inc has recalled over 1.80 million vials of piperacillin and tazobactam, which were manufactured in India, from the US market. According to the USFDA, the product was manufactured by Hospira Healthcare India Pvt Limited, a Pfizer company, at its plant at Irungattukottai near Chennai to be sold in the US. PTI

Rohtak
Intex strengthens its presence in Haryana

Consumer electronics major Intex Technologies has scaled up its presence in North India with the opening of its 46th Intex SmartWorld — branded retail store — in Rohtak on Tuesday. Now, the company has 130 stores across the country covering more than 90 cities across 25 states. TNS

Chandigarh
DHL unveils logistics solution SmarTrucking

Deutsche Post DHL Group has announced the launch of DHL SmarTrucking — an innovative trucking solution — across an extensive linehaul express road network in India. It is the company’s move to accelerate the development of technology-enabled logistics solutions around the world. TNS