The country's largest mortgage lender HDFC Ltd on Monday reported a 16 per cent rise in its standalone net profit to Rs 3,700 crore in the March 2022 quarter. The company had posted a net profit of Rs 3,180 crore in the year-ago period. Total income during the March 2022 quarter increased to Rs 12,308.46 [...]
New Delhi, May 2 (PTI ) VE Commercial Vehicles Ltd on Monday reported over two-fold jump in sales at 5,525 units in April 2022. The company had sold 2,145 units in the same month last year. VEVC, a joint venture between Volvo Group and Eicher Motors, said in a statement. Eicher branded trucks and buses [...]
New Delhi, May 2 (PTI) Hinduja flagship firm Ashok Leyland on Monday reported 42 per cent increase in total commercial vehicle sales at 11,847 units in April. The company had sold 8,340 units in the same month last year, Ashok Leyland said in a regulatory filing. Domestic sales were higher 41 per cent at 11,197 [...]
New Delhi, May 2 (PTI) Mid-sized motorcycle maker Royal Enfield, part of Eicher Motors, on Monday said its total wholesales increased by 17 per cent to 62,155 units in April.The company had reported sales of 53,298 units in the same month last year.Domestic sales increased by 10 per cent to 53,852 units last month against [...]
New Delhi, May 2 (PTI) Mahindra & Mahindra (M&M) on Monday said its total sales increased by 25 per cent to 45,640 units in April.The company's total sales stood at 36,437 units in April 2021.The Mumbai-based auto major's passenger vehicle sales in the domestic market rose by 23 per cent to 22,526 units last month [...]
New Delhi, May 2 (PTI) Bajaj Auto Ltd on Monday reported a 20 per cent decline in total sales to 3,10,774 units in April.The company had sold 3,88,016 units in the same month last year, Bajaj Auto said in a statement.Total domestic sales in the month stood at 1,02,177 units against 1,34,471 units in April [...]
New Delhi, May 1 (PTI) New age insurer Go Digit General Insurance (Digit) has crossed Rs 5,000 crore-mark in gross written premium in FY22, driven by higher demand from motor, property and health segments.With over four-year of operations, the Bengaluru-headquartered insurtech is backed by Canadian billionaire Prem Wasta's Fairfax Financial Holdings through its parent company [...]
New Delhi, May 1 (PTI) Nuts and dried fruits player VKC Nuts Pvt Ltd is targeting sales of USD 1 billion (over Rs 7,650 crore) in the next five years, riding on the growth of the category propelled by increasing health awareness and expansion of its offerings, according to a top company official. The company, [...]
New Delhi, May 1 (PTI) MG Motor India on Sunday said its retail sales declined 22 per cent to 2,008 units last month compared to 2,565 in April 2021.The production remained volatile and immensely impacted by the global supply chain constraints due to the sudden and new COVID-19 lockdowns in different parts of the world, the [...]
Kochi, Apr 30 (PTI) Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal, on Saturday laid the foundation for a Roll-On-Roll-Off (Ro-Ro) facility at Cochin Port. The new Ro-Ro facility, under the 'Sagarmala' scheme of the Union government, will be developed between Q1 berth and South Coal Berth on the Mattancherry Channel in Cochin Port. [...]
