RattanIndia Enterprises (REL) has acquired 100% stake of Neobrands consequent to which, it has become a wholly owned subsidiary company of REL. Neobrands intends to start wholesale and retail business on online E-commerce platforms inter-alia including creating private label businesses and export of goods from India. Powered by Capital Market – Live News
Nifty Auto index closed down 1.95% at 13080.75 today. The index has added 5.00% over last one month. Among the constituents, Tube Investments of India Ltd fell 5.32%, Tata Motors Ltd shed 4.84% and TVS Motor Company Ltd dropped 3.39%. The Nifty Auto index has increased 11.00% over last one year compared to the 0.06% spike in benchmark Nifty 50 index. In other indices, Nifty […]
At meeting held on 10 November 2022
Sales rise 5.18% to Rs 3578.04 crore
Sales rise 15.40% to Rs 195.24 crore
Sales decline 34.00% to Rs 35.78 crore
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