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INFRASTRUCTURE SEGMENT DEGROWTH
Cementing trouble: UltraTech’s growth hit by cyclones, monsoons, & pollution lawsUltraTech Cement reports the impact of climate change on its Q3 performance, with weather events like Cyclone Dana and extended monsoon per...- Sales data of July reflects a positive outlook for the Indian automobile industry: SIAMIn July, Indian passenger vehicle sales reached 3,41,510 units, up from June's 3,37,757 units. Two-wheeler sales rose 12.5% to 14,41,694 un...
- Commercial vehicle sales volumes may degrow by 3-6% in FY25: CARE RatingsCommercial Vehicle (CV) sales volumes are projected to decline by 3-6% in FY25, driven by weak demand in MHCV and LCV segments and high dea...
- Smaller cities take the lead in hiring for mid-career professionals, shows dataData from Naukri shows that mid-career professionals with 8-12 years of experience are experiencing hiring trends in various industries. Se...
- Auto dealers' body expects array of vehicle launches ahead of festival seasonIn an interaction with PTI, Gulati said this time the demand is "too good", except for the non-electric two-wheeler segment which remains t...
- Cement sector expected to grow over ten percent in 2021, says ACC LimitedThe government's spending on big infrastructure projects and affordable housing schemes such as Pradhan Mantri Awas Yojana (PMAY) with enha...
- Icra maintains negative outlook for construction sector"COVID-19 is expected to cause short term disruption to the sector with situation likely to normalize by Q2 once the disease is contained. ...
- Gulf Oil expects reforms to boost auto sector in Budget"We hope to see a robust implementation of the auto scrappage policy. We hope the government continues its thrust on infrastructure to stre...
- Havells India expanding or maintaining margins in each biz segment: CMDWe are seeing a little bit of improvement in the last few weeks. In many categories, we may have gained market share. However, it is too ea...
- IIP turns positive: Don’t interpret this as green shoots in economy, say experts13 out of the 23 industry groups in the manufacturing sector showed positive growth in November.
- Rebound of cement demand delayed to 2018: ICRADuring the first five months of the fiscal year 2017, cement production reported a de-growth of 3.2% to 117.3 million tonne as compared to ...
- Government's infra thrust biggest demand driver for cement: K K Maheshwari, MD, UltraTechSince the Budget date is advanced the government has full 12 months to spend; Certainly, this is a big advantage in terms of creating susta...
- Construction equipment industry to reach $5 billion by 2020EXCON construction equipment and technology trade fair beginning tomorrow will see participation from about 800 companies from 22 countries.
- Mahindra & Mahindra Q2 profit down 2.43% at Rs 923.56 croreMahindra & Mahindra reported 2.43 per cent decline in standalone net profit at Rs 923.56 crore for the second quarter ended September 30, 2...
- M&M Q1 standalone net down 3.35 per cent at Rs 852.2 croreMahindra & Mahindra today reported 3.35 per cent decline in standalone net profit at Rs 852.2 crore for the first quarter ended June 30.
- Big trucks like Volvo Eicher Commercial Vehicles sales up, smaller ones' lagAccording to senior auto industry experts, the top-end of the commercial vehicle industry comprising heavy duty trucks and tractor trailors...
- L&T Finance net up 13.7 per cent to Rs 301 croreL&T Finance said its consolidated net profit in the September quarter rose 13.7% to Rs 300.7 cr driven by a healthy growth in assets.
- PNB shows a marked improvement in its asset qualityPunjab National Bank which was suffering from asset quality issues since the last two quarters has shown a marked improvement this quarter.
- Bajaj Electricals profit declines 64 per cent in Q3Anant Bajaj, joint MD, Bajaj Electricals said the company has recently received orders worth Rs 275 crore and the current order book stands...
- Topline may be the clincher for BHEL & L&TThe results of the two capital goods majors, BHEL and L&T, reflect a significant contrast in the performance, as also in the outlook for th...
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