Archive · 1 Aug 2025
Corporate Developments and Sales Figures in Focus
Today's business news includes a variety of developments.
Car companies' sales figures are being watched.
Tax officials are checking out Nuvama Wealth Management, but they say it's business as usual.
Godrej Properties bought land in Gujarat, and Gujarat Gas will supply gas to a new factory.
Also, two executives from different companies have resigned.
Automobile manufacturers' July sales figures are under review, with muted PV sales and moderate two-wheeler growth expected.
Income Tax Department is conducting a survey at Nuvama Wealth Management's Mumbai office; the company states normal operations continue.
Godrej Properties acquired ~34 acres in Vadodara, Gujarat, for premium plotted residential units.
Gujarat Gas signed a Gas Sales Agreement with Waree Energy for PNG supply to a lithium-ion cell manufacturing unit in Valsad.
PNB Housing Finance CEO Girish Kousgi and Alfa Transformers CFO Bikash Kumar Dutt have resigned.
- Who
- Includes automobile manufacturers, Nuvama Wealth Management, Godrej Properties, Gujarat Gas, Waree Energy, PNB Housing Finance, Alfa Transformers, ZF, Asston Pharmaceuticals, and others.
- What
- Several companies are experiencing developments including sales figures, tax surveys, land acquisitions, partnerships, and personnel changes.
- When
- The information is current as of August 1, 2025.
- Where
- Activities are occurring in Mumbai, Vadodara, Valsad, and Himachal Pradesh.
- Why
- Company performance, strategic decisions, and regulatory actions are influencing market dynamics.
- Nuvama Wealth Management
- Subject to Income Tax survey
- Godrej Properties Land Acquisition
- ~34 acres in Vadodara
- Gujarat Gas Deal
- Signed agreement with Waree Energy
- PNB Housing Finance CEO
- Girish Kousgi resigned
- Alfa Transformers CFO
- Bikash Kumar Dutt resigned
