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Earlier, the board of directors recommended a Dividend of Rs1.20 per equity share for FY2021-22.

Maruti Suzuki India sold a total of 161,413 units in May 2022, which is significantly higher as compared with 46,555 units sold in May 2021.

The new rates will be effective from June 1, 2022.

Germany retail turnover declined more than expected in April due to a record fall in food sales, data released by Destatis showed. Retail turnover decreased 5.4 percent on a monthly basis in April, reversing a 0.9 percent rise in March. Turnover reached the lowest level since February 2021. Year-on-year, retail sales dropped by real 0.4 percent, confounding expectations for an increase of 4.0 percent. Sales […]

Total Sales include total passenger car sales of 85,941 units in May 2022, as compared to 25,452 units in May 2021.

Business Wire India Topworth Group Under the supervision and leadership of Abhay Lodha, Topworth Group is now venturing to foray into the Indian defense manufacturing. Topworth Group of companies developed from a modest Steel Trading enterprise in 1999 to a powerful integrated firm with commercial interests in Steel, Power, Trading, and Infrastructure.   Topworth Company’s chairman and founder Abhay Lodha has outlined a strategy for developing steel grades for […]

The damage that Covid restrictions have caused to the economy continue to linger

Business Wire India Family-Owned, World-Leading Producer of Specialty Chemicals, Abrasives and Tooling for Natural Stone, Engineered Stone and Ceramic Tiles Sun Capital to Assist TENAX to Accelerate Growth Through Its Operational Expertise, Buy-And-Build Strategy and Experience Supporting Founder-Owned Businesses Sun Capital Partners, Inc. (“Sun Capital”), a leading private investment firm focused on defensible businesses in growing markets with tangible performance improvement opportunities, today announced that […]

Eicher Motors unlisted subsidiary, VE Commercial Vehicles (VECV) sold 5,637 units of commercial vehicles in May 2022, up 360.9% YoY.

The headline seasonally adjusted S&P Global/BME Germany Manufacturing Purchasing Managers Index (PMI) registered 54.8 in May. This marked a slight improvement from Aprils 20-month low of 54.6. May PMI data showed a sustained softening of demand for German manufactured goods, with a combination of heightened economic uncertainty, sharply rising prices and COVID-related lockdowns in China leading to a further decline in new orders.Powered by Commodity […]