Maruti Suzuki India's (NSE:MARUTI, BOM:532500) total sales rose to a record 242,688 units in May from 180,077 units a year earlier, marking its highest-ever monthly sales, according to a filing with the Indian stock exchanges on Monday.
Domestic sales reached an all-time high of 200,774 units, up from 148,858 units in the corresponding month last year.
Exports increased to 41,914 units from 31,219 units a year ago.
Axis Bank (NSE:AXISBANK, BOM:532215) has invested an additional 3.81 billion Indian rupees in the equity shares of Axis Max Life Insurance Company, according to a Monday filing to the Indian stock exchanges.Following the investment, the shareholding of the lender and its subsidiaries, Axis Securities Limited and Axis Capital, will increase to 19.99% from 19.02%.
4DMedical (ASX:4DX) launched CLEAR, a clinical evidence program designed to accelerate entry of its CT:VQ imaging technology into the acute pulmonary embolism market, targeting a $3 billion obtainable market in the US, according to a Tuesday Australian bourse filing.The company said the core CLEAR study, which stands for Contrast-free Lung Evaluation for Acute Risk in pulmonary embolism, is a multi-center, multinational, prospective, observational study putting CT:VQ head-to-head with computed tomography pulmonary angiography in patients with suspected pulmonary embolism, the filing added.4DMedical has entered into a clinical research agreement with Mass General Brigham-affiliated teaching hospitals as the lead site for CLEAR, it added.
Kioxia (TYO:285A) is seeking to recover lost market share by commercializing a new technology ahead of its competitors such as Samsung Electronics (KRX:005930), Nikkei Asia reported Tuesday, citing the company's engineer.The plan comes as rising demand for data center memory extends to NAND flash chips, the report said.The company is set to hold its first investor strategy briefing in a year on Tuesday, where Kioxia is expected to outline its technology roadmap, according to Nikkei.While Kioxia's predecessor Toshiba, pioneered vertical stacking technology for NAND in 2007, the company has recently lagged behind rivals in layer counts-its main products still use 218 layers, compared to SK Hynix's (KRX:000660) 300-plus-layer chip unveiled in summer 2023, the publication said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)