Diebold Nixdorf appoints Hemant Sood as Director - Sales, India
Hemant Sood comes with three decades of experience in the financial services sector, across companies like Tata Communications Payment Solutions and Transaction Solutions India. He has also achieved results in driving revenue through scalable innovations and novel sales channels.
RInfra’s sale of Delhi-Agra toll road receives NHAI approval
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India asset sales to fall short of target by nearly 50%
The shortfall will add to govt's financial problems, which is already grappling with lower GST collections.
Real estate body wants reduction in home loan interest to boost sales
Developers pointed out that a revival in housing industry will also help the overall economy regain its growth momentum. The industry suggested tax reforms and raising deduction on home loan interest to Rs 5 lakh from Rs 2 lakh to boost sales.
Luxury car sales in 2019 see biggest drop in over a decade
Sales of luxury cars in India declined by about 15% last year — the steepest drop in more than a decade.
Unrest due to CAA impacted sales in December: Titan
The company said it witnessed contrasting performance for each of its businesses.
Cabinet gives in-principle nod to strategic sale of Neelachal Ispat
The strategic buyer for NINL will be identified through a two-stage auction procedure
Textile industry asks PM Modi for India shopping festival to uplift consumer sentiment
The closed-door meeting with the PM had representatives from the textile trade, yarn and spinning, exports, fabric and apparel brands. Low consumer sentiment due to the overall economic slump was a key concern put forth by the retail and brand representatives at the two-hour interaction.
Ashok Leyland December sales down 28 per cent at 11,168 units
The company had sold 14,718 units in December 2018, Ashok Leyland said in a regulatory filing.
Housing sales stay resilient in 2019 despite weak economic outlook: Report
Developers’ focus on right-sizing, right-pricing of new residential products and greater transparency due to increased regulation led to steadying of annual and half-yearly sales. Office transactions hit historic high of 60.6 million sq ft in 2019.
Jaguar Land Rover global sales dip 5.9 per cent in 2019
The sales of Jaguar brand were at 1,61,601 units during the month, down 10.6 per cent, while Land Rover sales witnessed a dip of 3.8 per cent during the year as compared with 2018, Tata Motors said in a regulatory filing.
Coffee Day hopes to close IT park sale to Blackstone in a week
The Coffee Day Group hopes to close its proposed sale of the Global Village tech park in Bengaluru to US private equity giant Blackstone in about a week's time, having crossed all major hurdles including government approvals and a green signal from most of its lenders.
Tata Steel India's Q3 sales up by 24.4% YoY but remains flat compared to last quarter
While the company’s maintained its sales in the auto segment during the quarter, its branded products & retail segment grew 23% QoQ while industrial products and projects grew 12% QoQ. According to provisional figures released by the company during Q3FY20, Tata Steel India’s production grew by 1.8% over Q3FY19 to 4.46 million tonne but remained flat on a QoQ basis.
Mercedes Benz India Q4 sales break into positive territory after three quarters, extends lead in 2019
The company registered sales of 3871 units, registering a 3.3% year on year growth for Q4 and over 15.41% growth over Q3 of 2019 with the overall annual sales volume closing at 13,786 units for January-December 2019. The growth in Q4 was after three quarters of consecutive decline in 2019.
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