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Tata Motors: The company and Marcopolo S.A. have entered into a share purchase agreement where the company will purchase the balance 49% shareholding in TMML for a cash consideration of Rs 99.96 crore. Tata Marcopolo Motors (TMML or JV), is a 51:49 JV formed in 2006 between the Company and Marcopolo S.A., one of the largest bus and coach manufacturers globally. Infosys: The company had […]

Ashok Leyland, the Hinduja Group's main brand, stated on Wednesday that it has received orders from significant fleets for 1,400 school buses in the UAE.

Sales decline 13.01% to Rs 14.04 crore

Copper prices extend decline in early Asia on Thursday as worries about demand in top consumer China were reinforced by weak data from the countrys manufacturing and a firmer dollar overseas. The manufacturing sector in China fell into contraction territory in August, the latest survey from Caixin showed on Thursday with a manufacturing PMI score of 49.5. Thats down from 50.4 in July, and it […]

Reported sales nil

Indias economy grew by 13.5 per cent in the April-June period this fiscal — the fastest in the last four quarters — on account of better performance by the agriculture and services sectors, official data showed on Wednesday. India remained the fastest growing major economy as China registered economic growth of 0.4 per cent in the April-June 2022 quarter. The Indian economy grew by 20.1 […]

Global cues from foreign equity markets are negative

Stelis Biopharma, an emerging biopharmaceutical Contract Development and Manufacturing Organization (CDMO) and the biologics arm of Strides Pharma Science today announced that it received the Establishment Inspection Report (EIR) from U.S. Food and Drug Administration (USFDA or agency) for the Drug Products (DP) facility inspection that was completed at its flagship manufacturing site (Unit 2) at Bengaluru, India. This outcome for the DP facility comes […]

On 31 Auguste 2022

Crude oil prices are seen stalling sharp decline witnessed in the last couple of days, although the commodity continues to stay weak amid rebound in dollar overseas. Crude oil prices failed to recover above $90 per barrel mark as worries that the global economy could slow further with renewed restrictions to curb COVID-19 in China dominated markets. Nevertheless, sharp fall in crude oil inventories as […]