News stories about "aiming" in India.

Italian firm Bonfiglioli invests Rs 100 crore in Pune facility

Mumbai, Nov 28 (PTI) The power transmission sector-focused Italian company Bonfiglioli Riduttori S.p.A on Tuesday said it has invested Rs 100 crore to build an assembly facility in Pune. The company’s Indian unit called Bonfiglioli Transmissions, which has invested in the assembly line spread over 42,500 square metres, said it is aiming to grow its […] Key Points

ThePrint

Citigroup to lay off 286 employees in New York, filing shows

Citigroup said in January it would cut 20,000 jobs over the next two years, while acknowledging a clearly disappointing quarter marred by one-off charges that resulted in a $1.8 billion loss. The lender is aiming to reduce its global workforce by roughly 8% through 2026, including layoffs from the reorganization, Chief Financial Officer Mark Mason told reporters at the time. Key Points

Economic Times

Commerzbank shares up 11% after forecasts for bigger profit returns

Shares of Commerzbank (CBKG.DE) were up 11% midday on Friday after the German lender said it was revamping its payout policy for investors, aiming for a return of least 70% of profit for 2024. Key Points

Reuters

Nomura targets additional $100m cost reductions in wholesale banking division

Nomura Holdings Inc. is aiming for an additional $100 million in cost reductions in its wholesale banking division, as Japan’s largest brokerage seeks to lift its performance. Key Points

mint

Suryoday SFB’s FY24 provision in line with RBI proposed model

SFB is aiming to lower its GNPA ratio further to below 2% in FY24, and NNPA ratio below 0.5%. Key Points

Financialexpress

Musk says Tesla aims to make 200,000 Cybertrucks a year

Tesla (TSLA.O) is aiming to make 200,000 units of its electric pickup truck, Cybertruck, per year, Chief Executive Officer Elon Musk said on Tuesday. Key Points

Reuters

Commerzbank forecasts bigger profit returns for investors

Germany's Commerzbank (CBKG.DE) said on Thursday it was revamping its payout policy for investors, aiming for a return of least 70% of profit for 2024. Key Points

Reuters

India expects production-linked payouts to rise to Rs 13,000 crore this year

Under the $24 billion scheme, the federal government pays local manufacturers when targets such as sales are met, aiming to boost investment in manufacturing. Targets differ from sector to sector. Key Points

Economic Times

A.P. BJP files chargesheet against sand mafia who caused Annamayya dam breach

Aiming at “exposing the corruption” that allegedly took place during the last four years of YSR Congress Party (YSRCP) rule, BJP State secretary N. Ramesh Naidu on Saturday filed a chargesheet in Rajampet police station in Kadapa district against the local sand mafia. Key Points

The Hindu