Sales in the motorcycle and scooter segments reported increase of 10 and 8 percent, respectively, this September compared to the same period last year.
FMC Corp, a large US based agrochemical company, gave revenue growth guidance of 6 percent for 2023
In its update for the first quarter of the current fiscal, the leading FMCG player also said that rural markets witnessed slower growth compared to urban markets during the period. In its update for the first quarter of the current fiscal, the leading FMCG player also said that rural markets witnessed slower growth compared to urban markets during the period.
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The growth was driven by a robust demand for new products and continued demand for Audi e-tron electric vehicles range, Audi Q5, Audi Q7, Audi A4, Audi A6 and S/RS models, the company said in a statement.
The FMCG market leader will focus on growth even if it comes at the cost of margins in the near term
Unilever has even discussed several measures to throttle slowing sales and provide a fillip to volumes in 2017, people privy to the developments told CNBC-TV18.
Even if the government had waited for the economy to improve before announcing demonetisation, the outcome would have been more or less the same it hit the very foundation of the cash economy, which had an impact on all aspects of economy
"Plastic business is growing because of the infrastructure growth. We have got Rs 300 crore order under AMRUT (Atal Mission for Rejuvenation and Urban Transformation) cities water programme", Anil Jain, MD of Jain Irrigation told CNBC-TV18.
Last fiscal, the superbike segment in India posted a 2.85 percent volume jump at 10,234 units, from 9,940 units in 2014-15. The mass volume market too grew at 2.7 percent to 1,89,37,104 units.
Vu Technologies today launched a new range of PremiumSmart TV, powered by Quad-Core Internet Video Processor to tab the segment going for on-demand video content and gaming centre.
In an interview with CNBC-TV18, Ramesh Agarwal, Whole-time Director of innerwear firm Rupa & Co, discussed the company's growth outlook going forward as well as an impending brand licensing tie-up that the company is likely to undertake with a global company soon.
Speaking to CNBC-TV18, TTK Prestige chairman TT Jaggannathan says October has been a very strong month for the company.
Buoyed by good sales in India last fiscal, Japanese carmaker Honda is confident of repeating the double-digit growth this year, pinning hopes on its soon-to-be -launched premium hatchback Jazz to add to the momentum.
The company announced a fall in consolidated total income at Rs 372.7 crore versus Rs 393.5 crore (down 5.3 percent).
In an interview to CNBC-TV18, Mithun Chittilappilly, managing director, V-Guard Industries, says the company is looking to target Rs 1800 crore revenue and 8% EBITDA margins for the fiscal year.
Last fiscal, Flipkart had net sales of Rs 179 crore while BPCL notched up sales of Rs 2.6 lakh crore. But Flipkart is now valued at Rs 70,000 crore, compared to BPCL's Rs 47,150 crore.
Ciaz will be available in petrol and Diesel fuel options powered by a 1.4 litre and 1.3 litre engines respectively.
Liberty Shoes is targeting a revenue growth of 30-40% in FY14. The company is also planning to add almost 30 lakh new customers.
Reflecting economic slowdown, listed non-financial private companies on an average posted a decline of 10.9 percent in net profit in the first quarter of the current fiscal, says a report by the Reserve Bank.
Godrej & Boyce Mfg Co today said it is looking at shifting some of its manufacturing plants from Vikhroli in Mumbai to other locations to cut costs as it stares at a sales growth of less than 5 percent this fiscal due to the economic slowdown.
South-based realty company Sobha Developers reported a growth of 11 percent year-on-year growth in its first quarter (April-June, FY14) consolidated net profit to about Rs 50 crore.
On the back of better than expected results from HUL on most fronts, Sanjay Manyal Of ICICI Direct says, they would be looking at upping their target price on the stock after going through the finer details.
Tata Motors shares tumbled 4 percent on Thursday morning on reports that stringent new emission norms in China could hurt sales of its luxury Jaguar Land Rover unit.
Arvind Lifestyle Brands, a unit of textile firm Arvind Ltd, expects sales of Rs 5,000 crore in the next 5 years, helped by strong growth in the existing business and acquisition of new brands.