India Inc finds a silent saviour throughout demand stoop

[ad_1] Combination income of 182 corporations which have declared first quarter outcomes thus far confirmed a marginal enchancment to rise 5.4% year-on-year (y-o-y), a Mint evaluation confirmed. Internet earnings, nevertheless, zoomed 23%, as uncooked materials prices fell 14% over the 12 months, the steepest decline in eight quarters. Uncooked materials prices have been additionally 15% … Read more

JLR margin math wobbles on twin hit from China tax, EU-US commerce deal transfer

[ad_1] Beginning July 20, China imposed 10% luxurious consumption tax on vehicles priced over 900,000 renminbi. This covers a lot of the fashions offered within the Chinese language luxurious automotive market. Earlier, solely vehicles priced above 1.3 million renminbi attracted the levy from the Chinese language authorities. The timing of the dual hits might hardly … Read more

Exxaro Tiles targets European and US markets for growth

In keeping with Exxaro Tiles Ltd’s upward growth trajectory, there have been noteworthy developments pertaining to its performance. Capitalising on premium products continues to be one of its key strategic priorities. In line with this, its most recent milestone has been the new order worth Rs 35-40 crore, which the company bagged from big size … Read more