Tag Archives: CYCS

[1/2]The logo of Indian food delivery company Zomato is seen on its app on a mobile phone displayed in front of its company website in this illustration picture taken July 14, 2021. REUTERS/Florence Lo/Illustration/File Photo NEW DELHI, July 25 (Reuters) – The Indian state of Rajasthan has approved a bill …

BENGALURU, July 25 (Reuters) – Mahindra Holidays and Resorts India (MAHH.NS) reported a 99% slump in first-quarter profit on Tuesday, hit by higher expenses and widening losses in Europe. Consolidated net profit for the company, known for its flagship resorts brand “Club Mahindra,” was 1.8 million rupees ($21,992.90) for the …

BENGALURU, July 25 (Reuters) – Tata Motors (TAMO.NS) will cancel its ‘A’ ordinary shares, currently trading at a steep discount to the ordinary shares, reducing its overall share count by 4.2%, the automaker said on Tuesday, in its latest move to simplify its securities structure. Tata Motors is the only …

[1/2]Visitors look at a Tata Motors’ sub-compact sport utility vehicle (SUV) Tata Nexon, after its launch in Mumbai, India September 21, 2017. REUTERS/Shailesh Andrade/File Photo BENGALURU, July 25 (Reuters) – Tata Motors (TAMO.NS), India’s largest automaker by revenue, reported a third consecutive quarterly profit on Tuesday, helped by price hikes …

BENGALURU, July 25 (Reuters) – India’s Bajaj Auto (BAJA.NS) beat expectations on Tuesday, reporting a nearly 42% increase in first-quarter profit on the back of robust demand for its commercial vehicles. Demand pick-up in rural areas and a prolonged wedding season in the country amid some ease in inflation helped …

BENGALURU, July 25 (Reuters) – Shares of Indian conglomerate ITC (ITC.NS) shares fell as much as 3.3% on Tuesday, extending a slide from the previous session, as investors baulked at the company’s plans to retain a 40% stake in its hotels business after spinning it off. ITC said on Monday …

NEW DELHI, July 22 (Reuters) – India has rejected Chinese automaker BYD Co’s (002594.SZ) proposal to set up a $1 billion factory in India in partnership with Hyderabad-based Megha Engineering and Infrastructure Ltd, the Economic Times reported on Saturday. Reuters reported this month that BYD had submitted a $1 billion …

MUMBAI, July 21 (Reuters) – India’s biggest cinema operator PVR Inox ( PVRL.NS ) is banking on Hollywood’s “Oppenheimer”, “Barbie” and unlimited popcorn to pack theaters after a string of Bollywood flops kept away those patrons who still favor going to the movies over streaming services. Hoping to cash in …