Maruti Suzuki India reported a nearly 2 percent drop in total sales of its vehicles in November to 1.5 lakh units year-over-year. Domestic sales were down 1.6 percent at 1.43 lakh. Maruti’s mid-size car Ciaz showed a 62 percent drop in sales at 1,448 units in November from a year ago. Exports declined 7.7 percent at 6,944 units. (Image: Reuters)
Tata Motors reported a 25.32 percent decline in total sales to 41,124 units in November from 55,074 units in the same month last year. Total domestic sales were down 25 percent at 38,057 units. Domestic passenger vehicle sales stood at 10,400 units as against 16,982 units a year ago, down 39 percent. (Image: Reuters)
Mahindra and Mahindra (M&M): Total auto sales in November fell 9 percent to 41,235 units as compared to 45,101 units in the corresponding month last year. In the domestic market, sales were down 7 percent at 38,614 units last month as compared to 41,564 units in November 2018. Total tractor sales during November stood at 21,032 units as against 25,949 units in the same month last year.
Telecom operators Bharti Airtel and Vodafone Idea revised tariff plans for its pre-paid customers which will come into effect from December 3. Additionally, Bharti Airtel will also consider raising fund via Debt or Equity on December 4. (Image: Reuters)
Reliance Industries Ltd: Reliance Jio introduced new All-In-One plans with unlimited voice and data, effective from December 6. The company said that the new plans will be 40 percent more expensive but will bring users 300 percent more benefits. (Disclosure: Reliance Industries, the promoter of Reliance Jio, also controls Network18, the parent company of CNBCTV18.com) (Image: Reuters)
Infosys signed an agreement with the Australian Federal Government's Services Australia to transform the entitlement calculation engine for the nation's welfare system. (Image: Reuters)
Yes Bank board decided to raise nearly $2 billion. The bank said it is in discussion with the family office of Erwin Singh Braich/SPGP Holdings and it has shown interest to invest $1.2 billion in the bank. The rest will be bought by private equity investors. (Image: Reuters)
Dilip Buildcon received Letter of Award for EPC project in the state of Uttar Pradesh for Gorakhpur Link Expressway project of Rs 1,250 crore to be completed in 36 months. (Image: Company)
Zee Entertainment Enterprises submitted copies of resignation letters submitted by Niharika Vohra and Sunil Sharma, Independent Directors of the Company.
Vedanta has proposed to offer NCDs worth Rs 3,000 crore. (Image: Reuters)
Coal India said its production declined by about 4 percent to 50 million tonne in November as against 52.06 MT in the same month last year. During April-November 2019, the production declined by 7.8 percent to 330.38 million tonne. Coal offtake in November too contracted by 7.6 percent to 47.37 million tonne. (Image: AP)
Eicher Motors: Total VECV sales in November declined 23.9 percent at 3,594 Units versus 4,720 units YoY. Motorcycles sales dropped 8 percent to 60,411 units as compared to 65,744 units YoY.
RBL Bank approved raising of Rs 825.79 crore equity capital vial allotment of preferential shares to five investors. The board agreed to allot 24.24 million shares at Rs 340.70 a piece to Bajaj Finance Ltd, foreign institutional investors East Bridge Capital Master Fund I, FEG Mauritius FPI Ltd, WF Asian Reconnaissance Fund and Asia-focused stock hedge fund, lshana Capital.