Ashok Leyland Sales Up 39% at 11,544 Units in August
New Delhi: Hinduja Group flagship company Ashok Leyland today reported a 38.53 per cent increase in total sales at 11,544 units in August as against 8,333 units in the same month last year. Sales of heavy and medium commercial vehicles jumped 52.65 per cent to 8,903 units in August as against 5,832... read more »
Total telephone subscriber base rises to 100.69 crore
The total telephone subscriber base in the country rose marginally to reach 100.69 crore at the end of June, sectoral regulator TRAI said today. The subscriber base stood at 100.20 crore at the end of May, Telecom Regulatory Authority of India (TRAI) said. The wireless base (GSM and CDMA) rose 0.51... read more »
Global Shares Fall After China’s Weak PMI Data
Global shares fell Tuesday, burdened by disappointing manufacturing data out of China, which fueled fresh concerns over growth in the world’s second-largest economy. The Stoxx Europe 600 fell 1.4% in early trade, while Germany’s DAX lost 1.8% and France’s CAC 40 declined 1.5%. The U.K.’s... read more »
Sanjay Kapoor steps down as chairman of Micromax
New Delhi: Sanjay Kapoor has stepped down as chairman of Micromax, a little over a year after joining India’s second-largest handset vendor. “Sanjay Kapoor has decided to move on. Appropriate announcements will be made in due course. We would like to thank him for his contribution and... read more »
