A robust show during the March quarter of 2024-25 (Q4FY25) and hopes of a strong demand momentum have led to an upward revision of Mahindra & Mahindra's (M&M's) earnings. With a slew of launches lined up amid a steady demand environment, brokerages see M&M outperforming peers in passenger vehicles (PVs), tractors and commercial vehicles (CVs).
Mahindra & Mahindra (M&M) reported very strong results for the January-March quarter of the last financial year (Q4FY24), beating consensus comfortably. The margins of the automobile business improved 170 basis points (bps) year-on-year (Y-o-Y) to 8.8 per cent, while FES (Farm Equipment Sector) margins improved to 15.8 per cent (up 60 bps Y-o-Y), despite a decline in volumes due to cost optimisation and lower raw material costs.
A few days back, Atul Ganatra, president of the Cotton Association of India, presented a grim scenario of the crop's prospects in the 2024-25 season that starts in October. Addressing the association's annual general meeting, Ganatra said the area under the crop could go down by at least 10 per cent in the coming season due to falling yields and realisation, leading to farmers losing interest. The fear of a decline in acreage comes against the backdrop of India's cotton production probably falling to its lowest in a decade, according to estimates.
Ladies, you may want to rethink going under the knife as according to a recent study.
This rise was spurred by record kharif sowing - after a good rabi season - that ensured high disposable incomes in rural India.
Increase in kharif sowing area, good monsoon, rural cash flows and base effect among factors that have driven volumes.
Payal Mohanka travelled to Morocco, that magical place where the past and the present don't jostle but instead coexist rather beautifully.
Companies expect to reach full capacity in August after fixing supply chains that collapsed in the months-long lockdown to contain the coronavirus.
Rediff.com brings you the best pictures from the biggest food fight in the world.
Hoping to live in a country that is safer for women, people across India celebrated New Year in full spirit and enthusiasm.
The Young Fashion Entrepreneur award aims to champion and celebrate the importance of creative entrepreneurs working in the field of fashion.
Sania Mirza won her first WTA Tour title of the season, clinching the doubles crown at the Morocco Open with American Vania King.
The Indo-US pair got a walkover in the semi-finals, as their opponents, Camille Pin and Milagros Sequera, pulled out because of illness.
During the 12-day festival, around 20 plays, drawn from various parts of India, showcasing a montage of human emotions, struggles, victory, dilemmas and gripping realities of life, would take centrestage.
The Indo-US pair beat the French-Venezuelan combination of Camille Pin and Milagros Sequera for a place in the final of the US $145,000 Tier IV Morocco Open.
Sonal lived the feminist slogan: The personal is political, in a way few feminists have been able to. She will be remembered and missed for doing this not with a dour self-righteousness, but with humour and a rare joie de vivre, remembers Jyoti Punwani.
It plans to increase India sales by a tenth, helped largely by launches next year
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