New Delhi, Dec 1 (PTI) Tata Motors said its total sales increased by 25 per cent to 62,192 units in November as compared to the same month last year. The company had dispatched 49,650 units in November 2020. The automaker posted a 21 per cent increase in its domestic wholesales at 58,073 as compared with [...]
New Delhi, Dec 1 (PTI) Hinduja flagship firm Ashok Leyland on Wednesday reported a 2 per cent decline in total commercial vehicle sales to 10,480 units in November 2021.The company had sold 10,659 units in the same month last year, Ashok Leyland said in a regulatory filing.Domestic sales were down 4 per cent at 9,364 [...]
New Delhi, Dec 1 (PTI) Chennai-based TVS Motor Company on Wednesday reported a 15 per cent decline in total sales at 2,72,693 units for November 2021.The company had sold 3,22,709 units in the same month last year, TVS Motor said in a regulatory filing.The total two-wheelers sales stood at 2,57,863 units last month, against 3,11,519 [...]
New Delhi, Dec 1 (PTI) Farm machinery and construction equipment major Escorts Ltd on Wednesday reported a 30 per cent decline in total tractor sales at 7,116 units in November 2021. The company had sold 10,165 units in the same month last year, Escorts said in a regulatory filing. Domestic tractor sales were down 32.8 [...]
HYDERABAD, India, Dec. 1, 2021 /PRNewswire/ -- Sai Life Sciences, a leading global Contract Research, Development & Manufacturing Organization (CRO/ CDMO), today announced that the Japanese regulatory agency, Pharmaceuticals and Medical Devices Agency (PMDA) completed a paper-based compliance inspection of its intermediate & API manufacturing facility in Bidar, India and issued a Certificate of Inspection. [...]
New Delhi, Nov 30 (PTI) India's GDP growth slowed to 8.4 per cent in the second quarter of 2021-22, mainly due to waning low base effect, but the economy has surpassed the pre-COVID level, official data showed on Tuesday. The GDP growth in April-June quarter this fiscal stood at 20.1 per cent. The Indian economy [...]
New Delhi, Nov 30 (PTI) Companies are bullish on their hiring plans this quarter on the back of easing of the pandemic-related restrictions and consequent e-commerce and retail sector performance, according to a report. According to TeamLease Services' Q3 hiring intent trends based on its platform data, the hiring intent for the October-December 2021 quarter [...]
Mumbai, Nov 29 (PTI) The total new business premium of domestic life insurance companies is likely to grow 14 per cent to Rs 3.18 lakh crore in the current financial year, domestic rating agency Icra said in a report Monday. During the first seven months of fiscal 2022, the total new business (NB) premium growth [...]
Mumbai, Nov 29 (PTI) Leading rating agency India Ratings expects the economy to grow 8.3 per cent in Q2 and close the year with 9.4 per cent in FY'22, which is 10 bps lower than the consensus forecast. The agency has attributed the higher growth to the nine consecutive quarters of over 3 per cent [...]
New Delhi, Nov 28 (PTI) Digital networks integrator Sterlite Technologies (STL) is bullish about the India market opportunity, including business prospects arising from upcoming 5G deployments, Ankit Agarwal, who recently took over as managing director of the company, said. Agarwal - who transitioned into the role of managing director last month amid top-level leadership changes [...]
