Ford India sales up 36% to 23,503 units in May
Uploading Date : 01-06-2017Ford India on Thursday reported 36 per cent jump in total sales to 23,503 units in May this year. The company had sold 17,279 units in the same month of last year, Ford India said in a statement. Domestic sales were up 16.64 per cent to 6,742 units last month as against 5,780 units in May last year, it said.........
See full article
Ashok Leyland's total sales drop 8% to 9,071 units in May
Uploading Date : 01-06-2017Ashok Leyland has reported a 18 per cent drop in M&HCV sales during the month of May. Company sold 6,139 units of M&HCV in May this year as against 7,469 units in the corresponding month in 2016. LCV sales rose by 22 per cent to 2,932 units, from 2,406 units............
See full article
Orient Cement to acquire 2 units from Jaypee for Rs 1,946 cr
Uploading Date : 31-05-2017CK Birla Group firm Orient Cement Ltd today said it would acquire two entities, Bhilai Jaypee Cement and Nigrie Cement Grinding Unit, from Jaypee group firms for a total consideration of Rs 1,946 crore..........
See full article
Vakrangee, LIC Housing Finance, UPL hit record high
Uploading Date : 31-05-2017Vakrangee, LIC Housing Finance, UPL, Escorts, Maruti Suzuki India, Hero MotoCorp and Godrej Industries are among 17 stocks from the S&P BSE 500 index hit their respective record highs on the BSE in intra-day trade.........
See full article
GDP may increase by 50 bps to 7.6% as IIP, WPI base year gets a revision
Uploading Date : 30-05-2017The country's GDP for 2016-17 will get a 50 basis points (bps) push to 7.6 per cent from the government's estimate of 7.1 per cent, due to the recent revision of the base year of the Wholesale Price Index (WPI) and the Index of Industrial Production (IIP)........
See full article
Eveready Q4 net profit rises 12% to Rs 10 crore
Uploading Date : 30-05-2017Kolkata-based Eveready Industries posted a 12 per cent increase in its net profit for the quarter ended March 31, 2017 at Rs 10.46 crore as against Rs 9.32 crore posted in the same quarter of the 2015-16 financial year.................
See full article
India to grow at 7.2% in FY18, will accelerate to 7.7% by FY20: World Bank
Uploading Date : 29-05-2017The World Bank on Monday projected a 7.2 per cent growth rate of gross domestic product (GDP) for India in the financial year (FY) 2017-18 due to the impact of demonetisation and protracted investment recovery..............
See full article
City Union Bank net profit up 15% at Rs 128.87 cr
Uploading Date : 29-05-2017City Union Bank has posted a 15 per cent growth in net profit during the quarter ended March 31, 2017, at Rs 128.87 crore. The net profit for the same quarter of the previous year was Rs 112.23 crore............
See full article