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Companies & Markets Sector Reports Auto

The company said the six celebration edition models -- Splendor+, Xtreme 160R, Passion Pro, Glamour (motorcycles) and Destini 125, Maestro Edge 110 (scooters) -- will go on sale from February 2021.

PE Investments In Real Estate Down 40 Pc At USD 4.06 Bn In 2020

The inflows declined to USD 220 million from USD 922 million. PE investment in warehousing decreased to USD 971 million from USD 1,895 million.

South Africa To Pay $5.25 A Dose For Astrazeneca Vaccine From India's SII

Pillay said the South African government would try to negotiate a lower price if it procured more doses from SII but that it had been told $5.25 a dose was the standard global price for upper-middle-income level countries.

Diamond Industry Expected To Cap Revenue Loss At 20 Pc; To Clock USD 15 Bn This Fiscal

Companies & Markets Markets

The Indian polishers start building inventory from the end of the second quarter and into the third to keep up with the sharp sales surge starting November every fiscal with festivals across the globe also coinciding with the Chinese New Year

Bajaj Auto Q3 net profit accelerates 23 pc to Rs 1,556 crore

ANI

The company's overall share in the domestic motorcycle market was 18.6 per cent in Q3 FY21 as against 17.5 per cent in Q2 FY21 and 18.5 per cent in FY20.

JSPL Swings Into Black, Posts Rs 2,432-Cr Net Profit In Dec Quarter

JSPL's total expenses were at Rs 7,878.86 crore, compared to Rs 7,767.37 crore earlier. Part of the OP Jindal Group, JSPL has a presence in steel, power, mining and infrastructure sectors.

Asian Paints Q3 Profit Jumps 62% To Rs 1,265 Cr

'Profitability across businesses has been well supported by a good sales mix and some excellent work in cost optimization & sourcing measures pursued strongly through innovation programs,'

Groupe PSA Expects Citroen To Be Among Top Players In India

The dominance of the two companies is based on the fact that the hatchback segment is representing probably 50 per cent of the market at this stage, and Maruti Suzuki and Hyundai represent around 80 per cent of the segment

Gold Price Jumps Rs 575; Silver Up By Rs 1,227

Silver also shot up by Rs 1,227 to Rs 66,699 per kg, compared to the previous close of Rs 65,472.

Sensex Breaches 50k-Mark, Ends Lower On Profit-Booking

Companies & Markets Markets Stock Market

ONGC was the top loser in the Sensex pack, shedding 4 per cent, followed by Bharti Airtel, SBI, IndusInd Bank, NTPC, Sun Pharma and ITC.

Bitcoin Slumps 10% As Pullback From Record Continues

The pullback came amid growing concerns that bitcoin is one of a number of financial bubbles threatening the overall stability of global markets.

Hong Kong Considers Two-Week Quarantine For Flight Crew - SCMP

Hong Kong's leader Carrie Lam said earlier this week that social distancing measures set to expire this week would be extended to contain infections.

Hamdard Laboratories Launches 12 OTC Medicines

Hamdard Laboratories has also rolled out health vans with experts on board to offer free consultations along with zero cost sampling of their tried and tested immunity boosting products

Ant's Malaysian E-Wallet Venture With CIMB In Talks To Raise $150 Million