Ashok Leyland's net profit for the March quarter took a hit due to exceptional items. The commercial vehicle major's net profit fell 66.5% yearly to Rs 77 crore in the fourth quarter due
Infrastructure and engineering major Larsen and Toubro 's (L&T) fourth quarter earnings beat analysts' expectations on all counts. Consolidated profit rose 18.6 percent to Rs 2,454 crore compared to year-ago period, driven
Apollo Tyres has earmarked a capex of over Rs 3,200 crore for the current fiscal for its domestic as well as European operations. The company has lined up a capex of Rs
Volvo Penta , a marine and industrial power system manufacturer, today said it would begin production of five and eight litre industrial engines in the country from next year. The engines would
Srikalahasthi Pipes Ltd has begun a project to expand as well as create new facilities, at an investment of over ₹150 crore. The company’s board recently approved a capital expenditure of ₹55
Havells’ CMD Anil Rai Gupta shared the business outlook in an interview with the Economic Times. Momentum in second half Gupta pointed out that upside movement in the second half despite a
Equipment solution provider Srei Equipment Finance Limited (SEFL) has come up with a first-of-its-kind scheme whereby construction equipment owners can exchange their old equipment to buy new ones and avail attractive financing
In a move that will redefine the manufacture of steel cores for the power distribution segment in India, Mahindra Intertrade, part of the USD 16.9 billion Mahindra Group, has set-up a new
Ashok Leyland emerged a clear winner in the Medium and Heavy Commercial Vehicles (M&HCV) market during 2015-16 gaining better market share than its rivals. During the year, the domestic M&HCV goods market
Safari Construction Equipment has always been known for its high quality cement concrete mixer and timely service. Besides designing and manufacturing ergonomic and robust construction machinery, they now also ensure that all
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