Gurugram, Haryana, India&Munich, Germany – Business Wire India The BMW Group posted solid year-on-year sales growth of 8.4 percent last year, with a total of 2,521,525 BMW, MINI and Rolls-Royce vehicles delivered to customers worldwide. BMW sales reached a new all-time high of 2,213,795 units (+9.1%) last year, with the brand leading the global premium [...]
Mumbai, Jan 12 (PTI) Renewed mobility restrictions arising from localised lockdowns to contain the Omicron variant-led third wave of the pandemic might pare as much 10 per cent off the rental revenue of mall owners during the current financial year as compared with the earlier expectations, according to a report. However, the credit profiles of [...]
New Delhi, Jan 12 (PTI) Pune-based Kolte-Patil Developers Ltd on Wednesday reported a 77 per cent jump in its sales bookings to Rs 561 crore for the quarter ended December. Its sales bookings stood at Rs 317 crore in the year-ago period. In a statement, the company said its sales bookings rose 83 per cent [...]
New Delhi, Delhi, India (NewsVoir) • Paid 19,922 death claims worth INR 885.57 crores during the Financial Year 2020-211 Max Life Insurance Co. Ltd (“Max Life”/“Company”), today announced that it has paid 19,922 death claims worth INR 885.57 crore during the Financial Year 2020-21, resulting in an individual death claims paid ratio of 99.35% for [...]
New Delhi, Jan 12 (PTI) Mercedes-Benz India on Wednesday said it expects to log in double-digit sales growth this year as compared with 2021 as it plans to roll out 10 new products in the market during the period. The luxury carmaker retailed 11,242 units in 2021, a growth of 42.5 per cent over 7,893 [...]
New Delhi, Jan 12 (PTI) India's second-largest software services firm Infosys on Wednesday reported an 11.8 per cent rise in consolidated net profit to Rs 5,809 crore for December 2021 quarter. The IT firm also increased its revenue growth guidance for FY22 to 19.5-20 per cent. The Bengaluru-based company had registered a net profit (after [...]
Kolkata, Jan 12 (PTI) Import of petroleum coke (petcoke), a byproduct of oil refining process, stood at 9.87 lakh tonnes in December 2021, up by 73 per cent over the corresponding month of the previous year as it is becoming price competitive to coal, according to a report. The import of petcoke in December was [...]
New Delhi, Jan 12 (PTI) A consortium led by LTHE, a wholly-owned arm of Larsen & Toubro, has bagged two mega offshore orders from a prestigious overseas client. The engineering and construction company, however, did not provide the exact value of the contract, but specified that as per its classification, a mega project is of [...]
New Delhi, Jan 12 (PTI) Max Life Insurance's death claim settlement stood at over 99 per cent in the financial year 2020-21, in which the company paid claims worth over Rs 885 crore. The company has paid 19,922 death claims worth Rs 885.57 crore during the financial year 2020-21, resulting in an individual death claims [...]
New Delhi, Jan 11 (PTI) Fantasy sports companies, which engage with users online, invested over Rs 3,000 crore last year across various segments, including buying media rights and sponsoring players, a top official of Dream Sports said on Tuesday. During the IAMAI Digital Summit, Dream Sports co-founder and CEO Harsh Jain said the company is [...]
