Marketing

Royal Enfield Plans to Ride into Brazilian Market

New Delhi: Niche bike-maker Royal Enfield is looking to gain entry into Brazil, the largest market in Latin America, and establish itself in major markets like Indonesia and Thailand as part of its plans to become a leading player in the 250-750 cc segment globally. “Currently, we are looking at Latin America and South East Asia regions for our growth ... Read More »

Talks on Dharwad Plant Fail to Yield Any Meaningful Result: Tata Motors

New Delhi: Tata Motors on Wednesday said talks between one of its subsidiaries – Tata Marcopolo -and the workers of its Dharwad plant failed to yield any meaningful result. Earlier this month, a lockout was declared at the Dharwad plant of Tata Marcopolo Motors following a strike by workmen over wage negotiations. The company in a statement issued on Wednesday said ... Read More »

Coca-Cola’s Quarterly Sales Fall 8%

Coca-Cola Co reported an 8 per cent fall in quarterly net revenue, as a strong dollar once again reduced the value of sales from outside the United States. The net income attributable to shareholders rose to $1.24 billion, or 28 cents per share, in the fourth quarter ended December 31, from $770 million, or 17 cents per share, a year ... Read More »

Equity MF Inflows Hit 20-Month Low of Rs 2,914 Crore in January

New Delhi: Equity mutual funds witnessed in January inflows worth Rs 2,914 crore, the lowest level in the last 20 months, mainly on account of weakness in stock markets and appreciation in gold prices, says a report. This was the second successive month when the flows for local equity mutual funds. According to a Deutsche Bank research report, equity MFs ... Read More »

Aurobindo Pharma Q3 Net Profit at Rs 535 Crore

New Delhi: Aurobindo Pharma today reported a consolidated net profit at Rs 535 crore for the third quarter ended December 31, 2015. The company had posted a consolidated net profit of Rs 384 crore in the same period last fiscal, Aurobindo Pharma said in a BSE filing. Net sales during the period under review stood at Rs 3,432.08 crore. In ... Read More »

Tata Steel Edges Higher Despite Big Q3 Loss

Tata Steel took a one-time charge of Rs 711 crore on its European operations Tata Steel shares recovered, after falling 4 per cent on Friday, on hopes that the government would take steps to curb cheap imports in a bid to protect domestic steel manufacturers. Mumbai-headquartered Tata Steel had posted a net loss of Rs 2,127 crore in the December ... Read More »