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L.d. Mittal

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Tractor sales down 20% in Nov 08
Dec 20, 2008 at 13:05
Tractor sales took a severe beating in the month of November 2008, dipping by 20 per cent despite a good monsoon this year. The drop in sales was mainly due to the conservative approach of banks in sanctioning loans to farmers.
SBI move will severely affect farm productivity, gwth:TMA
Jun 26, 2008 at 13:21
SBI move will severely affect Farm Productivity & Growth: TMA. State Bank of India has issued a circular stopping all loans for tractors and farm machinery with immediate effect.
ITL set to bid for two European tractor cos
Sep 11, 2007 at 09:00
International Tractors Ltd (ITL), manufacturer of the Sonalika brand of tractors, is looking at bidding for two European tractor companies. The bids for the two companies are likely to be finalised in the next couple of months.
International Tractors plans Rs 800cr IPO by FY08 end
May 29, 2007 at 12:53
International Tractors, manufacturer of the Sonalika brand of tractors, is looking at offloading 5% stake to a private equity firm. The company is also planning to tap the market with an initial public offering by the fourth quarter of the current financial year.
OBC inks pact with ICML & ITL for retail financing of MUV
Jan 17, 2007 at 14:39
Oriental Bank of Commerce inks pact with International Cars & Motors Ltd and International Tractors Ltd for retail financing of Multi-Utility Vehicles & financing dealers under Channel Financing Arrangement.
International Tractors may offload stake to Morgan Stanley
Jan 02, 2007 at 08:23
International Tractors Ltd (ITL), manufacturer of the Sonalika brand of tractors, is close to offloading about 5-6% to Morgan Stanley, it is learnt. The company is also currently in talks to offload an additional 5-6% to another private equity player, sources said.

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