The auto sector finds itself in an unenviable position. Firstly, there is the challenge of erratic consumer demand, which tends to balloon and vanish with equal speed. Secondly there is the global shortage of microchips that is forcing auto companies to cut production. Thirdly, it is still not clear how big will be the disruption caused by EVs, but valuation stories are shifting out of traditional automobiles.
Eurozone flash composite output index slid to an 11-month low of 52.4 in January, from 53.3 in December, flash survey results from IHS Markit showed on Monday. The score was forecast to fall to 52.6. Nonetheless, a reading above 50.0 indicates expansion in the sector. The slowdown masked wide variations in the performance by sector. The service sector grew at the slowest pace since last […]
The order received for manufacturing of diamond studded gold and larger carat lab-grown diamonds jewellery.
The accepted Bid Price of the Project is Rs829.49cr, the company said.
The company was awarded the tender by MCGM for installation, operation, maintenance, and running of the CT Scan Center.
Ashoka Buildcon said that it has received a letter of award (LoA) for a projected floated by National Highways Authority of India.
Mahindra Lifespaces’ new brand promise manifests itself across all the company’s business segments, including premium residential projects.
Total consolidated income rose by 5% yoy to Rs1,948cr during the quarter under review from Rs1848cr in Q3FY21.

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