Jun 2, 2022
By: Bhakti MakwanaReliance Brands and Plastic Legno SPA entered into a joint venture through which the former will acquire a 40 percent stake in the European company’s toy manufacturing business in India.
Credit: BCCL
The country’s largest carmaker posted strong growth in sales as it sold 1.61 lakh units in May, which grew 7.1 percent on a monthly basis and 246 percent on a yearly basis. Most firms registered three-digit growth because of the low-base effect as there was a lockdown across the country in May 2021.
Credit: BCCL
The Tata Group company also reported robust growth in sales as it sold 76,210 units in May, which grew 5.1 percent on a monthly basis and 185 percent on year.
Credit: BCCL
The Mumbai-based carmaker registered a massive growth of 15.4 percent on a month-on-month basis as it sold 53,726 units in May. The sales figures grew 208 percent on year.
Credit: BCCL
Bajaj Auto’s sales fell 2 percent on a monthly basis and grew just 1 percent on a yearly basis.
Credit: BCCL
The motorcycle and scooter manufacturer’s sold 4.86 lakh units in May, reporting a growth of 166 percent on year. Also, it postponed the launch of its first electric two-wheeler.
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The firm sold 63,643 units in May, recording a growth of 133 percent on year.
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The shareholders of Kerala based bank have raised questions regarding the financial situation of the lender amid two major resignations.
Credit: Mishtann-Foods
It has received orders worth 1,700 tonnes for Mishtann Pink Rock Salt. The supply of these orders will start from July.
Credit: Mishtann-Foods