Auto Sector

As per the settlement agreement, a certain amount has already been paid in March 2023, as per the information provided by the lawyers to the NCLAT.

The company registered 7% y-o-y growth in its total domestic sales.

Bajaj Auto reported a growth of 45% y-o-y in its domestic sales for the month to 1,99,983 units.

The company has received rating of CRISIL AA-/Negative by CRISIL Ratings Limited and ACUITE AA-/ Negative by Acuité Ratings & Research Limited.

Since the bank has now submitted all necessary documentation, no penalties may be imposed.

Investors with moderate risk appetite and want to invest for 183 days in a mutual fund should invest in Aditya Birla Sun Life Fixed Term Plan - Series UK (183 days).

Early in the Asian trading day, the yen lost 0.03% to 144.38 per dollar, beginning a 9% down versus the dollar in the first half of the year.

The IPO will be closing on July 4.

Honda recently introduced the Elevate SUV.

Due to the negative effects of the unfavourable currency movement and also because of a considerable increase in other expenses, EBITDA margins during the quarter fell drastically by 150 bps QoQ to 13.1%, which was lower than our projections of 13.9 %.