by PTI News | Dec 3, 2021 | 5:37 pm | Company Results, News
Mumbai, Dec 3 (PTI) Private life insurer Reliance Nippon Life Insurance is expecting more than 20 per cent growth in new business premium in the current financial year, a top company official said. The company is a joint venture between Reliance Capital (51 per cent) and Nippon Life (49 per cent). “In the current fiscal [...]
by PTI News | Dec 3, 2021 | 4:46 pm | Company Results, IPO, News
Mumbai, Dec 3 (PTI) The massive fortnightly spike in bank deposits by a whopping Rs 3.3 lakh crore -- the fifth biggest rise in 24 years -- for the fortnight to November 5, 2021, and a subsequent plunge of Rs 2.7 lakh crore in the next fortnight can be due to the expected IPO boom [...]
by PTI News | Dec 2, 2021 | 5:50 pm | Company Results, News
New Delhi, Dec 2 (PTI) Car market leader Maruti Suzuki India along with luxury carmakers Mercedes-Benz and Audi on Thursday said they will increase prices from January to offset rising input and feature enhancement costs. While Maruti said the price rise planned for January 2022 will vary for different models, Mercedes-Benz India said its hike [...]
by PTI News | Dec 2, 2021 | 4:01 pm | Company Results, IPO, News
New Delhi, Dec 2 (PTI) Footwear retailer Metro Brands Ltd, which is likely to come out with its initial share-sale by the end of the month, will utilise Rs 250 crore from the proceeds towards opening 219 stores in the next two-and-half years, its senior official said on Thursday. At present, the company has 586 [...]
by PTI News | Dec 2, 2021 | 3:59 pm | Company Results, News
New Delhi, Dec 2 (PTI) German luxury carmaker Audi on Thursday announced a price increase of up to 3 per cent across its entire model range, effective from January 1 next year, owing to a rise in input and operational costs.The company currently sells models like A4, A6, A8 L, Q2, Q5, Q8, S5 Sportback, [...]
by PTI News | Dec 2, 2021 | 3:53 pm | Company Results, News
New Delhi, Dec 2 (PTI) The country's largest carmaker Maruti Suzuki India (MSI) on Thursday said it will increase vehicle prices from January next year to offset the impact of the rise in input costs.The price increase would vary from model to model, the auto major said, without sharing the details."Over the past year, the [...]
by PTI News | Dec 2, 2021 | 12:55 pm | Company Results, Economy, News
New Delhi, Dec 2 (PTI) The country's largest carmaker Maruti Suzuki India (MSI) on Thursday said it is planning to increase vehicle prices from January next year to offset the impact of the rise in input costs.The price increase would vary from model to model, the auto major said, without sharing the details."Over the past [...]
by PTI News | Dec 1, 2021 | 9:27 pm | Company Results, News
New Delhi, Dec 1 (PTI) The country's largest two-wheeler maker Hero MotoCorp on Wednesday reported a 41 per cent drop in total wholesales at 3,49,393 units in November. The company had sold 5,91,091 units in the same month of the previous year, Hero MotoCorp said in a statement. In the domestic market, the company's wholesales [...]
by PTI News | Dec 1, 2021 | 5:03 pm | Company Results, Economy, News
Mumbai, Dec 1 (PTI) The Sensex rallied 620 points while the Nifty reclaimed the 17,100-level on Wednesday as investors piled into recently-battered banking, finance and energy counters amid a recovery in global equities despite lingering concerns over the Omicron coronavirus variant. A sharp jump in the rupee and encouraging macroeconomic data further enthused domestic investors, [...]
by PTI News | Dec 1, 2021 | 4:18 pm | Company Results, News
New Delhi, Dec 1 (PTI) The country's largest carmaker Maruti Suzuki India on Wednesday reported 9 per cent decline in total sales at 1,39,184 units in November with electronic components shortage impacting production. The company had sold a total of 1,53,223 units in the same month last year, Maruti Suzuki India Ltd (MSIL) said in [...]
