Jul 27, 2020 04:00 PM IST
According to the ratings agency, volume would decline on-year this fiscal, especially since public spending will be diverted towards healthcare and public welfare.
- Mar 15, 2017 12:52 PM IST
The Indian tractor industry could clock strong double-digit volume growth this year provided monsoons pan out as well as expected, said Bharat Madan, CFO of Escorts in an interview to CNBC-TV18.
- Feb 24, 2017 10:32 AM IST
The company, which makes premium trucks for specialised sectors like mining, buses and construction equipment, also aims to cut logistics cost by achieving greater efficiency and minimising wastage.
- Nov 21, 2016 09:12 PM IST
Delinquencies from the commercial
vehicle (CV) space have fallen even as stress in the
construction equipment industry and tractor loans remained
elevated, India Ratings has said.
- Nov 07, 2016 10:55 AM IST
SREI Infrastructure witnessed a rise in net profit in the second quarter of current fiscal to Rs 61.9 crore from Rs 51.6 crore in the first quarter. This was on the back of a rise in construction equipment finance in the quarter.
- Jun 29, 2016 03:28 PM IST
Earthmoving and construction equipment (ECE) maker JCB India is eyeing at a sales revenue growth of 20 percent during the current calendar year, a top company official said on June 29
- Feb 03, 2016 10:57 AM IST
Engineering and farm equipment major Escorts on Tuesday reported a 42.57 percent dip in its standalone net profit at Rs 20.49 crore for the third quarter ended December 31, 2015.
- Mar 12, 2014 07:17 PM IST
Gold loan demand has been constrained due to regulatory policies of having lower loan to value ratios for a better part of the fiscal, which has now been raised.
- Jan 22, 2013 10:29 PM IST
Non-banking finance companies (NBFCs) are likely to witness a slow growth at 17 per cent in retail credit in the ongoing financial year due to a significant slowdown in the key segments they operate in, says a report by credit ratings agency Icra.
- Aug 25, 2011 10:35 PM IST
Defence PSU Bharat Earth Movers Limited (BEML) was producing small end construction equipment or Dealer Model Equipment (DME) without valid orders and without considering market realities, a CAG report said today.