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BUSINESS

Tata Motors reports 20% decline in domestic sales in April 2019

Tata Motors’ Commercial and Passenger Vehicles Business sales in the domestic market in April 2019 at 42,577 units witnessed a drop of 20%, as against 53,511 units sold in April 2018, as weak consumer sentiments continued. Tata Motors Commercial Vehicles (CV) Business sales in the domestic market in April 2019, ... Read More »

Hero MotoCorp reports sales of 574,366 units in April

Hero MotoCorp has reported sales of 574,366 units of motorcycles and scooters in the month of April 2019. Despite the challenging market conditions, the company registered over 7.8 million unit sales in the recently concluded financial year 2019. Hero MotoCorp is an India-based holding company and a two-wheeler manufacturer. The ... Read More »

Amit Spinning Industries commences trial production at factory

Amit Spinning Industries has started the trial production at its factory located at Sangawade, Kolhapur Hupari Road, Kolhapur, in the state of Maharashtra. Amit Spinning Industries is engaged in the manufacture of cotton yarn. The company’s vision is to become a world class organization. The company is also in the ... Read More »

TVS Motor Company reports 12% rise in two-wheeler sales in FY19

TVS Motor Company has reported 11.6% growth in two-wheeler sales during the year ended March 2019. The company’s two-wheeler sales including exports stood at 33.67 lakh units registered in the year 2017-18 to 37.57 lakh units in the year 2018-19. Motorcycle sales during the fiscal year grew by 15% increasing ... Read More »

IOC’s R&D centre patent filing breaches 1,000-mark

Indian Oil Corporation’s (IOC) research and development (R&D) centre at Faridabad has become the first public sector oil and gas company to cross the milestone of filing 1,000 patents. The R&D Centre’s IP (Intellectual Property) portfolio comprises 794 active patents, of which 542 patents were granted abroad and 252 in ... Read More »

BSE’s online MF platform executes 42.6 lakh transactions in April

Bombay Stock Exchange’s (BSE) online mutual Fund platform–BSE StAR MF has executed 42.6 lakh transactions in April. The BSE had launched its BSE StAR MF platform on December 4, 2009. BSE provides an efficient and transparent market for trading in equity, debt instruments, derivatives, mutual funds. It also has a ... Read More »

reports 31% rise in Q4 net profit

BASF India has reported results for fourth quarter and year ended March 31, 2019. The company has reported a rise of 30.73% in its net profit at Rs 86.27 crore for the quarter under review as compared to Rs 65.99 crore for the same quarter in the previous year. However, ... Read More »

Ambuja Cement reports 2.4% rise in sales volume for Q1

Ambuja Cement has reported 2.4% growth in Cement sales volumes in March quarter of 2019 at 6.37 million tonnes (MT) against 6.22 MT for March quarter previous year, while net sales grew by 3% year on year. The company’s sales growth of premium products such as ‘Roof Special’, ‘Cool Walls’ ... Read More »

Bandhan Bank reports 68% rise in Q4 net profit

Bandhan Bank has reported results for the fourth quarter and year ended March 31, 2019. The Bank has reported a rise of 67.81% in its net profit at Rs 650.87 crore for the quarter ended March 31, 2019, as compared to Rs 387.86 crore for the same quarter in the ... Read More »

Ashok Leyland reports 7% rise in April sales

Ashok Leyland has reported a rise of 7% in April 2019 sales (Domestic + Exports) to 13626 units, as against 12677 units sold in the same month of last year. The company reported an increase of 4% in its medium and heavy commercial vehicle (M&HCV) products segment to 9346 units ... Read More »