Tuesday, Apr 23 2024 | Time 19:54 Hrs(IST)
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Business Economy


Hero MotoCorp sales dip 3.49 pc in April

New Delhi, May 1 (UNI) Two-wheeler giant Hero MotoCorp Limited (HMCL) today reported a decline of 3.49 per cent in its total sales at 5,91,306 units in the month of April 2017 against 6,12,739 units in the corresponding month last year. The two-wheeler industry witnessed heavy retail off-take towards the end of March 2017 in view of the transition from BS III to BS IV vehicles, the company said in a statement. With the ongoing marriage season, the Company expects to maintain the trend of robust retail sales in May. The Company raised the prices, ranging from Rs 500 to Rs 2200 across different models to partially offset the commodity cost increases, effective from May 1, 2017. In recognition of its rapid global expansion, the All India Management Association (AIMA) has acknowledged Hero MotoCorp as the ‘Indian MNC of the Year’. UNI ASH SHK 1953

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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.

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FHRAI seeks govt intervention to utilize increased FAR scheme for hotel industry expansion

23 Apr 2024 | 6:55 PM

New Delhi, Apr 23 (UNI) The apex association of hotels and restaurants FHRAI has approached the Government for resolution of long pending issue of not able to use the provision of increased Floor Area Ratio (FAR) saying this coming in the way to expanding the capacity and new hotel developments in Delhi.

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23 Apr 2024 | 6:22 PM

New Delhi, Apr 23 (UNI) Telecom major Jio Infocomm, a wholly owned by Reliance Industries Limited, has increased its subscriber tally to 470.86 million at the end of December, 2023, up 8.76 per cent from its subscriber base of 432.92 million a year ago.

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Kottayam-Kochi Rubber Market Rates

23 Apr 2024 | 6:11 PM

Kottayam, April 23 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal.

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Rupee marginally up 3 paise against USD

23 Apr 2024 | 4:37 PM

Mumbai, April 23 (UNI) The Rupee on Tuesday gained three paise to close at 83.34 against the USD on selling US Dollar by bankers and exporters, dealers at the Foreign exchange said.

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