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The Indian rupee recovered from its record low to close 20 paise higher at 77.51 (provisional) against the American currency on Wednesday. At the interbank forex market, the rupee opened at 77.58 against the greenback and moved in a range of 77.51 to 77.62 in the days trade. The rupee finally ended at 77.51, higher by 20 paise over its previous close. On Tuesday, the […]

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TVS Motor Company sales was at 302,982 units in May 2022. The year-on-year growth is not comparable due to the low base of sales in May 2021 because of the localised lockdown imposed by the Government of India during that period. Total two-wheelers sales grew from 154,416 units in May 2021 to 287,058 units in May 2022. Domestic two-wheeler sales grew from 52,084 units in […]

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Maruti Suzuki India sold a total of 161,413 units in May 2022. Total sales in the month include domestic sales of 128,000 units, sales to other OEM of 6,222 units and its highest ever monthly exports of 27,191 units. The shortage of electronic components had a minor impact on the production of vehicles, mainly on domestic models. The Company took all possible measures to minimise […]

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