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  • Construction equipment sales volume decline 70% in April-June: CRISIL Jul 27, 2020 04:00 PM IST

    Construction equipment sales volume decline 70% in April-June: CRISIL

    According to the ratings agency, volume would decline on-year this fiscal, especially since public spending will be diverted towards healthcare and public welfare.

  • Double-digit volume growth can continue if monsoons supportive: Escorts Mar 15, 2017 12:52 PM IST

    Double-digit volume growth can continue if monsoons supportive: Escorts

    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.

  • Volvo eyes long haul transportation segment in India Feb 24, 2017 10:32 AM IST

    Volvo eyes long haul transportation segment in India

    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.

  • Asset quality of CV loans improves, but worsens for tractors Nov 21, 2016 09:12 PM IST

    Asset quality of CV loans improves, but worsens for tractors

    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.

  • Gross NPAs may decline further to 1.2% going ahead: SREI Infra Nov 07, 2016 10:55 AM IST

    Gross NPAs may decline further to 1.2% going ahead: SREI Infra

    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.

  • JCB India eyes 20% growth in sales revenue in 2016 Jun 29, 2016 03:28 PM IST

    JCB India eyes 20% growth in sales revenue in 2016

    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

  • To do around 11,000 tractor units in FY16: Escorts Feb 03, 2016 10:57 AM IST

    To do around 11,000 tractor units in FY16: Escorts

    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.

  • Credit growth of retail NBFCs to halve in 2013-14: ICRA Mar 12, 2014 07:17 PM IST

    Credit growth of retail NBFCs to halve in 2013-14: ICRA

    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.

  • NBFCs to see slow growth in retail credit: Icra Jan 22, 2013 10:29 PM IST

    NBFCs to see slow growth in retail credit: Icra

    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.

  • BEML produced DME without valid orders: CAG Aug 25, 2011 10:35 PM IST

    BEML produced DME without valid orders: CAG

    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.

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