Sundaram Finance reports marginal rise in Q2 net profit

Sundaram Finance has reported results for second quarter ended September 30, 2018. The company has reported 0.77% rise in its net profit at Rs 154.31 crore for the quarter under review as compared to Rs 153.13 crore for the same quarter in the previous year. Total income of the company increased by 18.52% at Rs … Read more

Sundaram-Clayton inaugurates new foundry in Tamil Nadu

Sundaram-Clayton (SCL) has inaugurated a new foundry at Oragadam, near Chennai, in Tamil Nadu. The Oragadam plant has been set up with an investment of over Rs 150 crore. This major capacity expansion aims to meet the rapidly growing demand for its products from the automotive industry and will primarily serve Hyundai Motor India. With … Read more

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