by PTI News | Feb 24, 2022 | 5:36 pm | Company Results, News
New Delhi, Feb 24 (PTI) Godrej Appliances aims to double its sales growth in the residential air condition segment this summer and increase the market share despite a recent price hike and inflationary pressure on inputs, said a top company official. It has however hinted at another price hike by the AC industry in April [...]
by PTI News | Feb 24, 2022 | 4:07 pm | Company Results, News
New Delhi, Feb 24 (PTI) German Luxury carmaker BMW on Thursday said it has launched the all-electric MINI 3-Door Cooper SE in India priced at Rs 47.2 lakh (ex-showroom). Available as a completely built-up unit (CBU), all units of the first lot were sold out during the pre-launch booking in Q4 2021. MINI India will [...]
by PTI News | Feb 23, 2022 | 8:55 pm | Company Results, News
Mumbai, Feb 23 (PTI) Leading kitchenware brand Wonderchef is entering the diningware/homeware segment and has set a target of selling Rs 50 crore in the first year of operations and will invest Rs 100 crore over the next three years towards design and product development. The company, co-founded by celebrity chef Sanjeev Kapoor and Ravi [...]
by PTI News | Feb 23, 2022 | 8:22 pm | Company Results, News
New Delhi, Feb 23 (PTI) The country's largest carmaker Maruti Suzuki India (MSI) expects its sales momentum to continue with gradual improvement in the semiconductor supplies and demand situation remaining robust in the domestic market, a top company official said on Wednesday. In an interaction with PTI on the sidelines of the launch of all-new [...]
by PTI News | Feb 23, 2022 | 7:46 pm | Company Results, Economy, News
Mumbai, Feb 23 (PTI) India's GDP will be just one per cent above the pre-pandemic level even after the estimated 9.2 per cent growth in FY22, and this factor coupled with comfort on inflation make the RBI to continue with the accommodative monetary policy, RBI Deputy Governor M D Patra said on Wednesday. Making it [...]
by PTI News | Feb 23, 2022 | 3:52 pm | Company Results, News
New Delhi, Feb 23 (PTI) Max group firm Max Ventures & Industries Ltd (MaxVIL) has completely leased 1.05 lakh square feet space in its office complex at Okhla in the national capital and will earn a rental income of around Rs 16 crore annually. MaxVIL, which is one of the three listed companies of the [...]
by PTI News | Feb 23, 2022 | 2:04 pm | Company Results, News
Chennai, Feb 23 (PTI): Two and three wheeler major TVS Motor Company on Wednesday said its exports in two wheeler segment clocked sales of one million (10 lakh) units, marking a significant milestone in the current financial year for the first time, the company said on Wednesday.The exports include the sales from TVS Motor and [...]
by PTI News | Feb 22, 2022 | 4:58 pm | Company Results, News
New Delhi, Feb 22 (PTI) Smart Power India on Tuesday said its partner Husk Power Systems has bagged the largest-ever debt financing of USD 4 million for rural microgrids in India to construct 140 mini-grids in rural India. To encourage reliable access to electricity till the last mile, Smart Power India's partner Husk Power Systems [...]
by PTI News | Feb 21, 2022 | 9:17 pm | Company Results, News
New Delhi, Feb 21 (PTI) LIC Chairman M R Kumar on Monday said profits of insurance companies cannot be compared with that of manufacturing companies as dynamics of the businesses are different. "Profit of insurance companies compared to other companies like manufacturing are different. In terms of surplus generation, more than Rs 50,000 crore (has [...]
by PTI News | Feb 21, 2022 | 7:45 pm | Company Results, IPO, News
New Delhi, Feb 21 (PTI) Subscribers of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) are eligible for LIC initial public offering at a discount, Chairman of insurance company M R Kumar said on Monday. "PMJJBY is part of that and reservation will be there (for the policyholders)," Kumar said in an interaction with the media. [...]
