Tata Motors global sales down 15 pc in Nov at 89,671 units
Global wholesales of all passenger vehicles of Tata Motors in November 2019 were at 58,641 units as against 66,429 units in the same month last year, down 11.72 per cent, the company said in a statement. Jaguar Land Rover registered global wholesales of 48,105 units in November as against 49,312 units in the year-ago month, a decline of 2.44 per cent.
Godrej Fund Management to invest Rs 700 crore in Century’s commercial project
The proposed investment will be in a commercial project in north Bengaluru spread over 10 acres with a development potential of 2-3 mn sft. “The deal is in the final stage of closure and will mark GFM’s foray in the commercial market in Bengaluru,” said a person aware of the deal.
Breaching the fiscal deficit target won’t hurt if spent well: Kaushik Shaparia, Deutsche Bank India
People want structural things to be addressed before they invest. The NBFC crisis is not redressed yet.
Delhi, NCR commercial developers hit hard
Companies facing up to Rs 1-crore loss a day due to SC’s construction ban in the wake of rise in air pollution. The worst affected are malls, which are losing not only rentals but also business for retailers during the seasonal sale
Gaurs Group to invest Rs 750 cr on new commercial project in Greater Noida
Gaurs Group has recently completed the construction of 'Gaur City Mall' comprising 15 lakh sq ft area with an investment of Rs 750 crore in Greater Noida.
Maruti raises production by 4% in Nov after 9 straight months of output cut
The company produced a total of 1,41,834 units in Nov as against 1,35,946 units in the year-ago month, MSI said.
A royal display of common sense: Once kings take commercial flights for official visits, will common VIPs follow?
The King and Queen of Sweden didn't just hop on to a commercial flight, but also carried their own hand baggage.
Jewar airport to put Noida’s commercial real estate market at par with Gurgaon
“We are in touch with Nasscom to showcase Noida better and change the perception of law and order among IT and software companies,” said Geetamber Anand, chairman of Noida-based ATS Group.
Ashok Leyland sales down 22 per cent in November to 10,175 units
The company had sold 13,119 units in the same month last year, Ashok Leyland said in a statement. Domestic commercial vehicle sales were down 25% at 9,377 units as against 12,570 units in the year-ago month, it added. Medium and heavy commercial vehicle sales in the domestic market were down 36% to 5,321 units as compared to 8,260 units in November last year.
RBI keeps rates unchanged due to inflation pressure, lowers growth estimate again
The six-member monetary policy committee (MPC) vote was unanimous, RBI said in a release.
BSE, NSE issue framework for listing of commercial papers
Issuers can now apply for listing of commercial papers issued on or after November 27, 2019.
ABFL becomes first NBFC to list commercial paper on bourses
ABFL listed its CPs on NSE with a value date of November 28, 2019 and maturity date on February 7, 2020.
Altico Capital defaults on Rs 138 crore debt repayment
Altico Capital’s financial stress first came to light in September when it defaulted on interest payments on an external commercial borrowing of Rs 20 crore.
Saudi exchange to limit Aramco index weighting with cap
The Aramco IPO is seen as a test for the Saudi exchange, where the largest listing so far has been worth $6 billion.
Need cash sops and aggressive scrappage policy to boost CV sales: Mayur Milak
A strict implementation and a normal scrappage policy is not really going to act as a catalyst.
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