S.M. Gold Ltd, Kaushalya Infrastructure Development Corpn Ltd, KBC Global Ltd and Rudra Global Infra Products Ltd are among the other losers in the BSEs B group today, 23 August 2022.
According to the Automotive Component Manufacturers Association of India (ACMA), Indias auto component sector recorded its highest-ever revenue of Rs. 4.2 trillion (US$ 52.59 billion) in FY 2021-22, growing by 23% due to good aftermarket and export results. Imports of auto parts increased by 33% in FY 2021-22, exports increased by 43% over the same time. Due to a rise in the number of vehicles […]
The headline S&P Global Flash Germany PMI Composite Output Index dropped further into sub-50 contraction territory in August, down from 48.1 in July to 47.6. This pointed to the fastest fall in business activity since June 2020. The result reflected a deepening decline in service sector activity (index at an 18-month low of 48.2 from 49.7 in July), alongside a continued (albeit slightly slower) reduction […]
The fierce struggle for market supremacy between the Adani Group and Mukesh Ambani's Reliance Industries might lead to rash financial choices, stated the note.
This expansion will allow the organisation to serve more consumers, reach new markets, and create new business prospects.
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