Wednesday, Apr 24 2024 | Time 11:46 Hrs(IST)
image
Business Economy


Autolite India receives order for 13 million automotive lamps worth USD 6.5 million

Mumbai, Feb 11 (UNI) Autolite (India) Limited, the flagship company of the AUTOPAL MPG Group has bagged an Order from Global Automotive MNC to supply 13 Million Automotive Lamps.
The deal is worth USD 6.5 million (approx. Rs 46.8 Crores at Current USD level).
The buyer has conducted a multi-layer pre-order Audits in the parameters of Quality, Plant Capabilities, Working Systems, among others which finally culminated with this big order by the leading MNC to
AUTOPAL MPG Group in competition with its domestic & global peers.
It is in perfect harmony with Autolite Group's Commitment towards Quality standards, Global Technological Standards & high Level of Customer Centric Approach in line with the prerequisites of the Global Buyers., company said in a filing with BSE.
The Company has a pact with the buyer under Non-Disclosure Agreement to refrain from disclosing the name of the buyer.
UNI JS SY 1436
More News
Sensex up over 200 points

Sensex up over 200 points

24 Apr 2024 | 10:39 AM

Mumbai, April 24 (UNI) The BSE Sensex remained firm for the fourth straight session on Wednesday, surging 261 points at 74,000 in opening session as buying was seen across board amid positive Asian Market.

see more..
Rupee up 6 paise against USD

Rupee up 6 paise against USD

24 Apr 2024 | 10:32 AM

Mumbai, Apr 24 (UNI) The rupee remained strong on Wednesday, advancing 6 paise to 83.28 against the opening session on selling of US dollars by bankers and exporters, dealers at the Foreign Exchange said.

see more..

USD, Yen down; Pound, Euro up

24 Apr 2024 | 10:15 AM

Mumbai, Apr 24 (UNI) Following were the indicative currency rates and travellers' cheques
buying and selling rates.

see more..

High taxation and extreme regulations undermine legal cigarette industry in India

23 Apr 2024 | 7:48 PM

Hyderabad, April 23 (UNI) The high taxation and extreme regulations have resulted the share of legal cigarettes in total tobacco consumption in the country has shrunk by 37 per cent to a mere 9 per cent at the present from 21 per cent in 1981-82, according to the Tobacco Institute of India (TII).

see more..
Sensex ends in green; up 89 83 points

Sensex ends in green; up 89 83 points

23 Apr 2024 | 6:58 PM

Mumbai, April 23 (UNI) The stock market on Tuesday opened strong with 400 points up with all-round shopping but paired early gains towards end of the trading hour and closed at 73,738, about 90 points up from its previous close.

see more..
image