The NCLT said the directors can hold a meeting on or before December 22, 2022, and conduct business as per the memorandum and articles of the association of the company
Its CEO N P Singh Rana, however, insists the shutdown is only temporary, and the company will resume operations once it is able to raise around Rs 50 crore by selling surplus land.
Atlas Cycles released an official letter stating "the workforce of Sahibabad Unit of the company will be laid off with effect from June 3, 2020, till adequate arrangement of funds is made".
Despite annual sales touching close to 20 million units, the phenomenon of cycle sharing is yet to take off in India....
Atlas Cycle Industries has reported a standalone sales turnover of Rs 158.89 crore and a net loss of Rs 3.10 crore for the quarter ended Dec '13
Atlas Cycle Industries has reported a standalone sales turnover of Rs 170.89 crore and a net loss of Rs 3.50 crore for the quarter ended Sep '13
Atlas Cycle Industries has reported a standalone sales turnover of Rs 131.52 crore and a net loss of Rs 4.52 crore for the quarter ended Jun '13
Atlas Cycle Industries has reported a standalone sales turnover of Rs 164.84 crore and a net loss of Rs 0.18 crore for the quarter ended Mar '13
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
Atlas Cycle Industries has reported a sales standalone turnover of Rs 146.23 crore and a net profit of Rs 0.84 crore for the quarter ended Dec '12
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
In the coming fortnight, the street is expecting the Reserve Bank of India (RBI) to cut interest rates in the monetary policy review to be announced later this month.
The last fortnight saw a flurry of activities in the international markets. While sovereign bond yields rose significantly in Europe, indicating that the crisis in the Euro zone is far from over; the US economy showed signs of flattening and stagnation in growth.
The first bicycle that India ever had was in early 1900’s. Import of cycles started in 1905, yet the manufacturing of bicycles in the country started much later in 1939.
A number of undervalued stocks corrected substantially on the bourses in the fortnight gone by.
Atlas Cycle Industries has reported a sales turnover of Rs 245.82 crore and a net profit of Rs 0.88 crore for the quarter ended Sep '11
Aashish Tater, Head of Research, Fort Share Broking sees Surya Roshni and Munjal Showa fetching good returns ahead.
Atlas Cycle Industries has reported a sales turnover of Rs 181.71 crore and a net profit of Rs 0.91 crore for the quarter ended Jun '11
Udayan Mukherjee, Managing Editor, CNBC-TV18 believes that due to yesterday’s sell off, today was a grinding session with Nifty, closing at 5550.
Atlas Cycle Industries has reported a sales turnover of Rs 197.41 crore and a net profit of Rs 1.05 crore for the quarter ended Mar '11
Accumulate Atlas Cycles at around Rs 210-220 mark for a target of Rs 260-270., says Ashish Tater, Head of Research, Fort Share Broking.