The demand for buses largely remained robust in 2023, driven by the increasing need for public mobility and replacement. Ashok Leyland Limited (ALL) recorded a 64 per cent year-on-year increase in sales of medium and heavy commercial vehicle (MHCV) buses during the April-to-December period of 2023 to 11,216 units. Volvo Eicher Commercial Vehicles (VECV) posted 24.7 per cent sales growth between April and December for light and medium-duty buses, and 36.9 per cent growth for heavy-duty buses.
The statement issued by Raj Bhavan late Saturday night highlighted that the governor, upon receiving a complaint in the Peace Room, instructed the police chief to arrest the culprit promptly.
Other officers had to escape from the place without conducting the search to save their lives as the mob became "very violent" and even chased the officials so as to deter them from performing their official duty, it said.
'We love him, not just for the goals he scores, but for many many other things.'
The governor relieved Chakravorty of her duties on February 12.
ICICI Lombard General Insurance Company reported financial improvement and optimistic commentary in Q4FY24. It reported 17 per cent year-on-year (YoY) growth in Gross Written Premium (GWP) and 115 bps improvement in the Combined Ratio (COR) in FY24, and improved COR guidance with COR going from 104.5 per cent in FY23 to 103.3 per cent in FY24, 102.4 per cent in FY25 and 102.0 per cent in FY26.
The Union home ministry on Tuesday sought a detailed report from the West Bengal government on the violence during Ram Navami in Howrah, sources said.
This "offer" comes days after Banerjee had threatened to stage a sit-in outside the Raj Bhavan to protest against his "holding back" bills passed by the state assembly.
West Bengal Governor C V Ananda Bose has appointed the interim VC of another state-run university amid a row over his move to appoint such officials in varsities that have remained headless for months.
Tyre stocks have been on a tear over the past six months, with average returns exceeding 45 per cent. Except for Apollo Tyres, which has seen a slight correction in the last month and a half, limiting its gains to 16 per cent, listed peers such as MRF, CEAT Tyres (formerly Cavi Elettrici e Affini Torino), and JK Tyre & Industries have delivered returns exceeding 30 per cent during this period. Production-related constraints and sluggish demand in Europe, where sales are expected to remain flat, coupled with high valuations, have contributed to Apollo Tyres' underperformance. The tyre sector's gains can be attributed to robust growth trends driven by the replacement market, which constitutes more than two-thirds of sales.
This is Gajendra Chauhan's resume: ...an actor who is best known for his portrayal of the eldest Pandava 'Yudhishthira' in the Mahabharat (TV series). He has worked in around 150 movies and over 600 TV serials
Banerjee pointed out that the pain and trauma of Partition was such, that people in the state have never commemorated any day as foundation day since India's Independence.
'The most powerful lesson I have learned is to observe discipline, always show up and work hard enough if you have the will to win.'
You can pitch yourself as the perfect candidate by highlighting your skills, the relationship between your experience and the job, and your willingness to learn.
Corporate India is starting to step up its capital expenditure plans amid government incentives and signs of rising demand, company executives and analysts have indicated. This coincides with the Reserve Bank of India (RBI) recently citing a double-digit growth in private capital expenditure. Healthy balance sheets of banks and corporates, along with increasing capacity utilisation and improving business sentiment, are contributing to a favourable environment for sustained growth in private sector investments, the RBI said in its policy last week.
After clocking losses for seven straight quarters, Tata Motors on Wednesday posted a consolidated net profit of Rs 3,043 crore in the third quarter (Q3) of 2022-23. This came on the back of a strong order book, better semiconductor chip supply, tempered commodity prices, and a better product mix. "We remain cautiously optimistic about the demand situation, notwithstanding the global uncertainty.
Auto industry volumes have grown by 2.5 per cent overall, led by domestic sales of three-wheelers, two-wheelers and passenger vehicles (PVs) in the first quarter of this financial year. Analysts predict an 18 per cent growth in revenues for automotive original equipment manufacturers (OEMs) and profit growth of 69 per cent year-on-year (YoY). However, on a sequential basis, a decline in revenues as well as earnings before interest, taxes, depreciation, and amortisation (Ebitda) margins is expected.
Under the stewardship of the then TMC national general secretary Mukul Roy and North 24 Parganas TMC district president Jyotipriyo Mullick, he joined the party and quickly ascended in power, becoming a close associate of Mullick.
The Bharatiya Janata Party dubbed the arrest as scripted and claimed he was in the safe custody of West Bengal Police.
Eicher Motors is a leader in the premium motorcycle segment, where it holds market share of over 85 per cent under the Royal Enfield (RE) brand. The company's joint venture VE Commercial Vehicles (VECV) with Volvo, where it holds 54.5 per cent stake, gives it a strong footing in commercial vehicles (CVs). The company had good results in FY23 and it has a strong balance sheet and good operating margins.
The woes have become a serious issue of concern for Bengalureans, especially in Whitefield, KR Puram, Electronic City, RR Nagar, Kengeri and CV Raman Nagar.
The stock of two wheeler maker Eicher Motors was the highest gainer among BSE 100 stocks, rising 6.6 per cent in trade on Friday. The gains came on the back of better than expected performance in the March quarter of the 2022-23 financial year (Q4FY23) and earnings upgrades by brokerages. Standalone revenues (Royal Enfield) were up 19.9 per cent year-on-year (YoY), led by an 18 per cent growth in volumes and a marginal uptick in realisations.
'We want to prove to the world that they will get the best code written from a small place like Wayanad.'
The Supreme Court on Friday stayed the emoluments of the newly appointed interim vice-chancellors of state-run universities in West Bengal and asked Governor CV Ananda Bose to sit with Chief Minister Mamata Banerjee "over a cup of coffee" to resolve the deadlock over appointment of VCs.
A comparison with the first quarter of 2019 indicates that even without the coronavirus situation, the box office moolah would have lagged in comparison.
'In FY23, PV sales are expected to end the year at a record 3.8 million units, up 26 per cent. In FY24, however, the industry is expecting 5-7 per cent volume growth'
Robin Upadhyay, 48, a resident of Meerut in Uttar Pradesh, claimed to have worked in many multinational companies for over 25 years, they said.
Automobile retail sales in India rose to a record high in November, aided by the best ever monthly performance across passenger vehicle and two-wheeler segments, dealers' body FADA said on Wednesday. The overall retail sales stood at 28,54,242 units last month, 18 per cent higher over 24,09,535 units in November 2022. Passenger vehicle (PV) retail sales rose to 3,60,431 units as compared to 3,07,550 units in the year-ago period, registering a growth of 17 per cent.
The unrest in the Sandeshkhali region of West Bengal ballooned into a major political row on Thursday as Chief Minister Mamata Banerjee blamed the saffron camp of fomenting trouble in the area, while the Bharatiya Janata Party and the National Commission for Women (NCW) accused her party Trinamool Congress and the state government of being complicit in crimes against women in the area.
Bajaj Auto's market capitalisation (market cap) hit Rs 2 trillion mark for the first time. The stock of the two and three-wheeler major rallied 6 per cent to hit a new high of Rs 7,420 on the BSE in Tuesday's (January 9) intraday trade after its board approved Rs 4,000 crore share buyback at Rs 10,000 per share. The stock ended the day at Rs 7,093.75, up 1.55 per cent and its market cap a shade above Rs 2 trillion.
RediffGURUS Ashwini Dasgupta, Anu Krishna, Dr Karthiyayini Mahadevan and Jinal Mehta answer queries from Rediff readers.
West Bengal Chief Minister Mamata Banerjee was injured when the helicopter in which she was flying made an emergency landing at the Sevoke air base near Siliguri in the northern part of the state due to bad weather on Tuesday afternoon, officials said.
The ED officers are conducting raids at 15 places in the state during the day and Sajahan's house is one of them, an officer said.
West Bengal Chief Minister Mamata Banerjee on Wednesday urged people to celebrate the Hanuman Jayanti festival peacefully, and said while religion is a personal choice, festivities were an occasion for all to join in.
Retail sales of automobiles in India grew 8.31 per cent in August this year on the back of increase in registrations of vehicles across all major segments, automobile dealers' body FADA said on Thursday. As per data released by the Federation of Automobile Dealers Associations (FADA), total vehicle retail sales in the country stood at 15,21,490 units last month as compared to 14,04,704 units in August 2021. Passenger vehicles (PV) retail sales stood at 2,74,448 units as compared to 2,57,672 units in the year-ago month, a growth of 6.51 per cent.
In an online chat with readers, Capt Partha Samai, group head of Human Resources at AGS Transact Technologies shared tips on how to crack a tough job interview.
Investors should await consistent growth metrics before looking at an investment in the company.
India's biggest non-bank finance company, Bajaj Finance (BAF), is set to raise capital after a gap of four years. On October 5, the board of directors will meet to approve the fund raise by way of preferential issue and/or qualified institutional placement (QIP) subject to regulatory and shareholder approvals. The move, analysts said, comes ahead of expectations, and could be in the wake of simmering competition in the consumer lending space, especially with the launch of Jio Financial Services (Jio Fin). "While we still do not have finer details on the game-plan of Jio Financial, it has plans to initially foray into consumer and merchant lending.
The resolution under Rule 169 was tabled in the assembly, proposing to observe Poila Baisakh, as "Bangla Diwas" and Nobel laureate Rabindranath Tagore's Banglar Mati, Banglar Jol (Bengal's soil, Bengal's water) as the state song.
Domestic automobile retail sales rose 10 per cent in June driven by sales growth across various segments, including passenger vehicles and two-wheelers, automobile dealers body FADA said on Thursday. Total retail sales last month rose to 18,63,868 units from 17,01,105 units in the year-ago period. Passenger vehicle retail sales increased 5 per cent to 2,95,299 units as against 2,81,811 units in June 2022.
