Latest News On Company Results

New Delhi, Apr 22 (PTI) Tata group firm Tejas Networks on Friday posted a consolidated loss of Rs 49.62 crore in the fourth quarter ended on March 31, 2022, as the shortage of electronic chips hit its telecom gear production. The company had posted a profit of Rs 33.55 crore in the period a year [...]

New Delhi, Apr 22 (PTI) Business confidence index improved in the January-March period of this year and would remain buoyant in the coming months, a survey by economic think-tank NCAER said on Friday. The Business Confidence Index (BCI) increased for the third consecutive quarter by 14.9 per cent on a quarter-on-quarter basis from 124.4 points [...]

New Delhi, Apr 21 (PTI) IT services company HCL Technologies on Thursday saw its net profit zoom to Rs 3,593 crore for quarter ended March 2022, and struck an optimistic note about "buoyant" market environment citing "strong momentum across verticals and service lines". The net profit was Rs 1,102 crore in the year-ago period. HCL [...]

New Delhi, Apr 21 (PTI) Domestic demand for tyres is projected to grow 7-9 per cent in 2022-23 but the rise in input prices is expected to keep industry margins under pressure, according to ratings agency ICRA. Factors like gradual easing of supply related constraints in the passenger vehicle OE (original equipment) segment, improving growth [...]

Mumbai, Apr 21 (PTI) Origination of personal loans, where a borrower avails credit without any security, doubled during the 2021 festive season as compared to three years ago, indicating an increased propensity among people to celebrate using such instruments, a report said on Thursday. Personal loan origination in value terms doubled to over Rs 1.47 [...]

Telecom Sector Shows High Discrepancy Trends in Q4-21 MUMBAI, India, April 21, 2022 /PRNewswire/ -- First Advantage Corporation (NASDAQ: FA), a leading global provider of technology solutions for screening, verifications, safety and compliance related to human capital, announced the publication of its India Employment Screening Trends Report, which is a compilation of anonymized data and [...]

Mumbai, Apr 19 (PTI) Kairali Ayurvedic Group has budgeted Rs 100 crore investments towards domestic expansion and set a target of closing this fiscal with a Rs 100 crore topline. The group has pioneered the concept of ayurvedic spas by launching its maiden venture in Kerala's Palakkad district in the late 1990s.The group founder KV [...]

Mumbai, Apr 19 (PTI) Bengaluru-based agritech company Ergos The GrainBank on Tuesday said it aims to garner Rs 2,000 crore revenue by 2023-24 as well as expand its footprint to 650 locations. The company is looking to expand across Bihar, Karnataka, Maharashtra and Uttar Pradesh in the next one year. It clocked over Rs 142 [...]

Mumbai, Apr 19 (PTI) Jewellery retailer Malabar Gold and Diamonds on Tuesday said it aims to garner Rs 45,000 crore in revenue this fiscal on the back of company's robust retail expansion plans. It plans to open 97 showrooms, including 60 across India and 37 overseas. This will take the company's total showroom count to [...]

Mumbai, Apr 19 (PTI) Equity indices tripped in the last half-an-hour of trade on Tuesday to notch up losses for the fifth consecutive session as finance and IT counters continued to bear the brunt of heavy selling amid negative global cues. Russia ramping up its offensive in Ukraine, coupled with unabated foreign fund outflows, a [...]

Mumbai, Maharashtra, Bangalore, Karnataka, India – Business Wire India • The Bank’s highest ever quarterly disbursement in FY22 Q4, 14 per cent rise to INR 4,870 crore, coupled with quarterly improvement in asset quality parameters, PAR at 9.6 per cent down from 14.9 per cent; GNPA reduced to 7.1 per cent from 9.8 per cent [...]

New Delhi, Apr 18 (PTI) RailTel Corporation of India, a Mini Ratna central government PSU under the Ministry of Railways, has received a work order from Rail Vikas Nigam Limited (RVNL) worth Rs 11.57 crore for the installation of multi-protocol label switching (MPLS) virtual private networks (VPNs) at 33 locations across the country.According to the [...]

Mumbai, Apr 18 (PTI) ICICI Prudential Life Insurance is on course to meet the target of doubling the value of new business this fiscal from the FY19 levels, as the largest private-sector life insurer expects to continue the good run it had in FY22 and expand the margin by 22 per cent.It had nearly trebled [...]

New Delhi, Apr 18 (PTI) State-owned NBCC (India) Ltd on Monday said it has bagged business worth Rs 981.17 crore in the last month.In a regulatory filing, the company informed that it has bagged a work order for Rs 500 crore (approximately), namely for providing comprehensive, design, engineering and project management consultant (PMC) services for [...]

New Delhi, Apr 18 (PTI) Realty firm Puravankara Ltd on Monday said its sales bookings rose 9 per cent in the last fiscal year to a record Rs 2,406 crore on higher demand of residential properties. Its sales bookings stood at Rs 2,202 crore in the 2020-21 financial year. In terms of volume, the sales [...]

New Delhi, Apr 18 (PTI) Jindal Steel and Power Limited (JSPL) on Monday posted a 2 per cent rise in steel production at 2.11 million tonnes in the quarter ended March 2022. Its sales also registered a growth of 8 per cent at 2.07 Million Tonnes (MT) in the January-March period, according to a statement. [...]

Chennai, Apr 16 (PTI) Technology firms and those companies engaged in engineering and manufacturing sectors were the majority of the entities to pick up office space in the city, according to a report released by real estate consulting firm CBRE South Asia on Saturday. As per the latest office report 'CBRE India Office Figures Q1 [...]

Mumbai, Apr 14 (PTI) Inflection Point Ventures (IPV), which is a collective of over 6,600 angel investors/HNIs and family offices, and is among the largest domestic angel investment platforms for startups, has returned 190 per cent IRR (internal rate of returns) in 2021 on the 13 exits it made in the year and is planning [...]

New Delhi, Apr 13 (PTI) Den Networks Ltd on Wednesday reported a 43.43 per cent increase in its consolidated net profit to Rs 48.61 crore for the fourth quarter ended March 2022. The company had posted a net profit of Rs 33.89 crore during the January-March quarter of last year, Den Networks said in a [...]

Bengaluru, Karnataka, India – Business Wire India • 48% growth YoY due to project deliveries and consumer confidence • Strengthens commercial portfolio with 2 mn. sq. ft. of upcoming developments Century Real Estate, a leading developer and one of the largest landowners in South India, today announced that it has achieved its highest ever sales [...]

New Delhi, Apr 12 (PTI) Anand Rathi Wealth on Tuesday reported an over three-fold jump in its profit after tax at Rs 35 crore for the quarter ended March 2022. In comparison, the company had posted a Profit After Tax (PAT) of Rs 10 crore in the same quarter the preceding fiscal, Anand Rathi Wealth [...]

New Delhi, Apr 12 (PTI) Tinplate Company of India Ltd (TCIL) on Tuesday reported a two-fold rise in its profit at Rs 114.41 crore for the quarter ended March 2022. The company had posted a profit of Rs 56.15 crore in the year-ago period, TCIL said in a filing to BSE. The total income of [...]

New Delhi, Apr 12 (PTI) German food manufacturer Dr Oetker is expecting its operations in India to clock turnover of Rs 1,000 crore in the next 5-6 years, driven by growth in mayonnaise, peanut butter and ready to eat cakes segments, according to a senior company official. Dr Oetker, which has emerged as one of [...]

New Delhi, Apr 12 (PTI) German food manufacturer Dr Oetker is expecting its operations in India to clock turnover of Rs 1,000 crore in the next 5-6 years, driven by growth in mayonnaise, peanut butter and ready to eat cakes segments, according to a senior company official. Dr Oetker, which has emerged as one of [...]

New Delhi, Apr 12 (PTI) Sunteck Realty on Tuesday said its sales bookings rose 27 per cent to Rs 1,303 crore in the last fiscal.Its sales bookings stood at Rs 1,022 crore in the previous financial year.The company's collections from customers rose 35 per cent to Rs 1,053 crore in FY22 from Rs 780 crore [...]

New Delhi, Apr 12 (PTI) Global fintech firm Drip Capital on Tuesday said it facilitated a record USD 150 million (nearly Rs 1,142 crore) worth of trade invoice through its channel during March 2022. It is the highest origination by the company in a single month since its inception in 2016, Drip Capital said in [...]

Mumbai, Apr 12 (PTI) Shriram City Union Finance (Shriram City) on Tuesday said it is targeting to grow its gold loan book to Rs 15,000-20,000 crore over the next five years.   As of December 31, 2021, the non-banking finance company's gold loan book stood at Rs 4,110 crore.   The company, which has a strong gold [...]

New Delhi, Apr 12 (PTI) State-owned CIL on Tuesday said its capital expenditure registered a growth of 12 per cent to Rs 14,834 crore in FY'22. Coal India's capital expenditure was at Rs 13,284 crore in FY'21. Stating that the capex growth in FY'22 came on the back of a strong base, Coal India (CIL) [...]

Mumbai, Apr 12 (PTI) The Tata Motors Group on Tuesday reported a 2 per cent year-on-year growth in global wholesales, including Jaguar land Rover (JLR), at 3,34,884 units in the March quarter of FY22. Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in Q4 FY22 were at 1,22,147 units, higher by [...]

Mumbai, Apr 11 (PTI) Tata Consultancy Services (TCS) on Monday reported a 7.4 per cent increase in its March quarter net profit to Rs 9,926 crore as profit margins narrowed, but the country's largest software exporter sounded confident about the new fiscal on positive business momentum.For FY22, the net profit jumped 14.8 per cent to [...]

Mumbai, Apr 11 (PTI) Tata Consultancy Services (TCS) on Monday reported a 7.4 per cent increase in its March quarter net profit to Rs 9,926 crore as profit margins narrowed, but the country's largest software exporter sounded confident about the new fiscal on positive business momentum.For FY22, the net profit jumped 14.8 per cent to [...]

Mumbai, Apr 11 (PTI) Tata Consultancy Services (TCS) on Monday reported a 7.4 per cent increase in its March quarter net profit to Rs 9,926 crore as profit margins narrowed, but the country's largest software exporter sounded confident about the new fiscal on positive business momentum.For FY22, the net profit jumped 14.8 per cent to [...]

Mumbai, Apr 11 (PTI) Tata Consultancy Services (TCS) on Monday reported a 7.4 per cent increase in its March quarter net profit to Rs 9,926 crore as profit margins narrowed, but the country's largest software exporter sounded confident about the new fiscal on positive business momentum.For FY22, the net profit jumped 14.8 per cent to [...]

Mumbai, Maharashtra, India (NewsVoir) Lasa Supergenerics Limited, a vertically integrated group spanning the entire animal and human healthcare value chain has announced its financial results for the fourth quarter and Financial Year ended March 31st, 2022. Q4FY22 performance overview compared with Q3FY22 • Revenues from operations stood at Rs. 51.21 crore as compared to 15.74 [...]

New Delhi, Apr 11 (PTI) Microfinance lender CreditAccess Grameen on Monday said its total disbursements in March 2022 rose 25 per cent to Rs 2,257 crore.The company's disbursements were of Rs 1,806 crore in the year-ago same month. In February 2022, CA Grameen had disbursed Rs 1,746 crore worth loans.The gross loan portfolio grew 22.2 [...]

New Delhi, Apr 11 (PTI) Swiss tech major Garmin recorded a double-digit growth in revenues from India in 2021, helped by rising sales of wearables. The company did not share the exact numbers. The business growth last year was backed by its fitness and wellness segment, according to a statement from Garmin India, a unit [...]

Lawyered is looking forward to raising USD 1million for the next phase of growth and expansion of the business. Spendings from the amount raised will be bifurcated to strengthen the operations teams. Through this partnership, Lawyered is looking forward to supporting its clients in their claim settlement process. Currently, Lawyered is on a mission to [...]

New Delhi, Apr 10 (PTI) Bengaluru-based realty firm Sobha Ltd's sales bookings rose by 23 per cent to its all-time high of Rs 3,870.2 crore during the 2021-22 financial year on higher volumes driven mainly by low-interest rates on home loans. According to a quarterly operational update, the company's sales bookings in volume terms increased [...]

New Delhi, Apr 10 (PTI) German luxury automotive group BMW is expecting a 'mega year' in India in 2022 having clocked 25 per cent rise in four-wheeler sales and 41 per cent jump in two-wheelers in the first quarter despite challenges of semiconductor shortage, war in Ukraine and shutdowns due to COVID-19 in China, according [...]

Thane, Apr 9 (PTI) Cooperative bank TJSB Sahakari Bank on Saturday said its net profit declined to Rs 155 crore in FY2022 from Rs 163 crore in the previous year. The total business of the bank crossed the figure of Rs 20,000 crore, registering a growth of 13.46 per cent, TJSB Sahakari Bank Chairman Vivekanand [...]

New Delhi, Apr 8 (PTI) Mercedes-Benz India on Friday reported a 26 per cent jump in sales at 4,022 units in the first quarter of 2022, riding on robust demand for both its SUVs and sedans despite the challenges of semiconductor shortage, global supply chain disruptions, and rising input and logistics costs. The company had [...]

New Delhi, Apr 8 (PTI) JSW Steel on Friday posted a combined crude steel production of 5.98 million tonne (MT) for the quarter ended March 31, 2022. At 5.98 MT, the production was 37 per cent higher compared to 4.36 MT steel the company had produced in the year-ago period, JSW Steel said in a [...]

Thiruvananthapuram, Apr 7 (PTI) Bucking the grim pandemic-induced crisis in the last two years, Kerala's cooperative dairy major Milma recorded a 25 per cent increase in its turnover in 2021-22. Significantly, the higher turnover has been achieved by Milma in the last two financial years without cutting down the procurement price of milk from farmers [...]

Guwahati, Apr 7 (PTI) HDFC Bank on Thursday said its total advances in Assam grew by over 12 per cent in the last year and crossed the Rs 7,000-crore mark.As of December 31, 2021, the lender's total advances, including all loans to various customers in retail, corporate, MSME and microfinance sectors, in the northeastern state [...]

Kolkata, Apr 7 (PTI) Diversified PSU Balmer Lawrie & Co is targeting a revenue of Rs 6,000 crore by 2025-26, Chairman and Managing Director Adika Ratna Sekhar said.The company hopes to touch a sales figure of Rs 2,000 crore in 2020-21 as against Rs 1,592 crore in the previous fiscal, he said."We are expecting to [...]

GURUGRAM, India, April 7, 2022 /PRNewswire/ -- Dyninno Travel, operating International Travel Network, ASAP tickets, and other travel brands, today said that airline ticket sales between the US and India grew four times in the first quarter 2022 as against the corresponding period in 2019. The airline ticket sales of Dyninno Travel grew three times [...]

New Delhi, Apr 7 (PTI) FMCG maker Godrej Consumer Products Ltd (GCPL) expects to deliver a "close to double-digit sales growth" in the domestic market in the January-March quarter driven entirely by pricing. Overall, short-term challenges such as unprecedented global commodity inflation and the performance of its Indonesia business, continued to play out during the [...]

New Delhi, Apr 7 (PTI) Realty firm Godrej Properties Ltd will develop a new housing project at Kandivali East in Mumbai with an estimated sales revenue of Rs 1,000 crore. In a regulatory filing, Godrej Properties on Thursday said it has extended an existing arrangements with Shivam Realty to develop a residential group housing project, [...]

Mumbai, Apr 6 (PTI) Riding high on the uptick in demand for automotive accessories in the wake of easing of restrictions and people turning back to regular commute for various purposes including work, Snapdeal saw its volume growth in such market spiking 110 per cent in 2021-22 with the demand coming from all parts of [...]

Indore, Apr 6 (PTI) The National Automotive Test Tracks (NATRAX), which tests the strength of vehicles on different parameters, has recorded a 70 per cent rise in revenue to Rs 22 crore in FY22, an official said on Wednesday.National Automotive Testing and R&D Infrastructure Project (NATRiP) Additional Director N Karuppiah told PTI that NATRAX had earned [...]

UDAIPUR, India, April 6, 2022 /PRNewswire/ -- Hindustan Zinc Limited today announced its production numbers for the fourth quarter and full year ended March 31, 2022. A. Refined & Mined Metal Particulars (In '000 tonnes, or as stated) Q4 Q3 Full Year FY22 FY21 % Change FY22 % Change FY22 FY21 % Change Mined Metal [...]

Mumbai, Apr 6 (PTI) Electric vehicle maker Simple Energy has inked an initial pact with the US-based battery technology firm C4V (Charge CCCV) to set up a Lithium-ion cell manufacturing facility in the country with an investment of USD 150 million, the company said on Wednesday. The facility with an initial capacity of 1-Gigwatt Hours [...]

New Delhi, Apr 6 (PTI) Amplus Solar on Wednesday said it has clocked 1GW of solar power generation capacity. "Amplus Solar, a leading distributed solar energy provider, has solidified further its position as a market leader in India by achieving one Gigawatt (1GW) capacity of solar assets," a company statement said. The company, which had [...]

Mumbai, Apr 6 (PTI) Electric vehicle maker Simple Energy has inked an initial pact with the US-based battery technology firm C4V (Charge CCCV) to set up a Lithium-ion cell manufacturing facility in the country with an investment of USD 150 million, the company said on Wednesday. The facility with an initial capacity of 1-Gigwatt Hours [...]

New Delhi, Apr 6 (PTI) The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday said it will increase prices of its entire model range this month amid rise in input costs. Over the past year, the cost of the company's vehicles continued to be adversely impacted due to increase in various input costs, the [...]

New Delhi, Apr 6 (PTI) Private sector lender RBL Bank on Wednesday said its gross advances grew by 3 per cent to Rs 61,929 crore in the last fiscal.The bank had recorded gross advances worth Rs 59,983 crore in FY21.RBL Bank said the data is provisional, and it is being released ahead of the official [...]

Plans to strengthen its presence across south India by launching 25 million sq.ft of new projects with an investment of Rs. 8,615 Crores Chennai, Tamil Nadu, India – Business Wire India South India’s Largest Real Estate Developer, Alliance Group and Urbanrise, today announced that the company has clocked Rs. 2,290 Crores sales during the FY [...]

Mumbai, Apr 5 (PTI) Kolkata-based Bandhan Bank on Tuesday said its loan book crossed the Rs 1 lakh crore-mark for the first time in January-March 2022, registering an increase of 16 per cent compared to the same period a year ago. The bank's total loan stood at Rs 1,01,359 crore during Q4 of FY22. Deposits [...]

New Delhi, Apr 5 (PTI) Poonawalla Fincorp on Tuesday said its assets under management (AUM) grew 17 per cent year-on-year to Rs 16,575 crore at the end of the quarter ended March 31, 2022.The AUM growth was 9 per cent quarter-on-quarter.The assets under management for the housing finance subsidiary Poonawalla Housing Finance Limited crossed the [...]

New Delhi, Apr 5 (PTI) FMCG major Marico on Tuesday said its domestic business in the January-March quarter stayed relatively firm, helped by "low single-digit" revenue growth and marginally positive volumes.The company expects a "marginal growth" in profits in Q4 due to a rise in input costs and higher advertising and promotional spending.The "consolidated revenue [...]

New Delhi, Apr 5 (PTI) Tata Steel on Tuesday said its consolidated steel output stood at 7.57 million tonnes (MT) for the quarter ended March 31, 2022, registering a year-on-year fall of about 3 per cent. The company had produced 7.80 MT of steel during the January-March quarter of financial year (FY) 2020-21, Tata Steel [...]

Chennai, Apr 5 (PTI): Private sector Karur Vysya Bank on Tuesday said the total business of the bank breached Rs 1.25 lakh crore as on March 31, 2022. The total deposits of the bank stood at Rs 68,676 crore while advances at Rs 58,086 crore, aggregating to Rs 1,26,762 crore, the Tamil Nadu based bank [...]

New Delhi, Apr 5 (PTI) Dell Technologies India registered a record annual business growth of 64 per cent in the financial year ended December 2021, a senior company official said on Tuesday. The company's President and Managing Director Alok Ohrie said its demand velocity reflects how businesses continue to prioritise their digital transformation to help [...]

KOLHAPUR, India, April 5, 2022 /PRNewswire/ -- Ghodawat Consumer Ltd. (GCL), the FMCG arm of Sanjay Ghodawat Group (SGG), has achieved a momentous milestone of crossing INR 1400cr revenue in FY22. Founded in 2013, GCL has focused on constant product innovation, customer - centricity, affordability and quality, creating a unique brand identity for itself. These [...]

New Delhi, Apr 4 (PTI) Federal Bank on Monday said its gross advances during 2021-22 rose by 9.5 per cent to Rs 1,47,644 crore, while total deposits grew by over 5 per cent during the year. The gross advances as of March 31, 2021 was at Rs 1,34,877 crore, Federal Bank said in a regulatory [...]

New Delhi, Apr 4 (PTI) State-owned Manganese Ore (India) Limited (MOIL) has reported a 22 per cent growth in its turnover at Rs 1,436 crore for the financial year ended March 31, 2022, the Ministry of Steel said on Monday. Financial Year (FY) 2021-22 has been one of the best years of performance in the [...]

New Delhi, Apr 4 (PTI) Public sector lender Bank of Maharashtra on Monday said it has witnessed over 27 per cent growth in gross advances at Rs 1,36,733 crore during the financial year 2021-22, while deposits grew by 16 per cent to Rs 2,02,641 crore. In FY21, the gross advances of the bank stood at [...]

New Delhi, Apr 4 (PTI) Electric two-wheeler maker WardWizard Innovations and Mobility Ltd on Monday reported over eight-fold jump in sales at 30,761 units in the fiscal year ended March 31, 2022. It had sold 3,834 units electric two-wheelers in 2020-21, WardWizard Innovations and Mobility said in a statement. The company, which sells electric two-wheelers [...]

New Delhi, Apr 3 (PTI) Truck hiring app Trucknetic expects around a six-fold jump in revenue to Rs 150 crore this fiscal on account of business commitment from large corporates and bookings from the SME sector, a senior official of the company said. Trucknetic founder Arham Pratap Jain told PTI that the company's current revenue [...]

New Delhi, Apr 3 (PTI) Minosha India Ltd, the distributors of digital services, print and imaging solutions major Ricoh, is targeting to clock a turnover of Rs 500 crore in the next five years, having signed a strategic partnership pact with the Japanese firm, according to the company's Managing Director Atul Thakker. Minosha India, formerly [...]

New Delhi, Apr 3 (PTI) It will take over six years for Delhi-NCR's builders to sell their 1.01 lakh unsold housing stocks while real estate developers in Bengaluru and Kolkata need only 31 months, according to property consultant PropTiger. Australia's REA group and News Corp own three real estate portals, Housing.com, PropTiger and Makaan.com, in [...]

Hosur, Tamil Nadu, India (NewsVoir) TVS Motor Company registers sales of 307,954 units in March 2022 as against sales of 322,643 units in the month of March 2021. Two-Wheeler Total two-wheelers registered sales of 292,918 units in March 2022 as against sales of 307,397 units in March 2021. Domestic two-wheeler sales registered sales of 196,956 [...]

New Delhi, Apr 1 (PTI) Power trading solutions provider PTC India on Friday said it has registered a record trade volume of 87,450 million units in 2021-22, which was 9.25 per cent higher than the pervious year. "PTC clocked a record volume of 87,450 million units of energy during the FY22. Even in challenging times [...]

New Delhi, Apr 1 (PTI) Suzuki Motorcycle India Pvt Ltd (SMIPL) on Friday reported a 6.34 per cent decline in total sales at 65,495 units in March.The company had sold a total of 69,932 units in the same month last year.Domestic sales stood at 50,734 units as against 60,222 units in March last year.Exports were [...]

New Delhi, Apr 1 (PTI) VE Commercial Vehicles Ltd, a joint venture between Volvo Group and Eicher Motors, on Friday reported a 25.1 per cent increase in sales at 8,803 units in March. The company had sold 7,037 units in the same month last year, VE Commercial Vehicles (VECV) said in a statement. Eicher branded [...]

New Delhi, Apr 1 (PTI) Honda Cars India Ltd (HCIL) on Friday reported a 7 per cent decline in domestic sales at 6,589 units in March as compared to the year-ago period. The company had sold a total of 7,103 units in the same month last year. In March, the company said it exported 2,243 [...]

Hyderabad, Apr 1 (PTI) Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant, on Friday said it registered sales turnover of Rs 28,008 crore in the last financial year, 56 per cent higher than the previous year. RINL recorded a turnover of Rs 17,956 crore in 2020-21. In a press release, the [...]

Mumbai, Apr 1 (PTI) Virtual cars showroom platform CarzSo on Friday it has closed deals for more than 500 pre-owned cars in the fiscal ended March 2022, garnering a revenue of Rs 10 crore. The platform, which re-launched its VR-based cars showroom in January this year, offers its customers a wide range of pre-owned cars [...]

New Delhi, Apr 1 (PTI) The country's leading automakers Maruti Suzuki and Hyundai Motor reported a decline in dispatches to dealers in March as shortage of electronic components impacted production.On the other hand, Tata Motors, Skoda and Kia India posted their highest ever monthly wholesales last month.Toyota Kirloskar Motor said its dispatches in March were [...]

Mumbai, Apr 1 (PTI) Hinduja Group flagship Ashok Leyland on Friday reported a 17 per cent year-on-year growth in its total vehicle sales, including exports, at 20,123 units in March. The company had sold a total of 17,231 vehicles in March 2021, Ashok Leyland said in a statement. Total Medium and heavy commercial vehicle (M&HCV) [...]