Wednesday, May 8 2024 | Time 18:24 Hrs(IST)
image
Business Economy


MG Motor India September 2021 sales rises by 28 pc to 3241 units

Mumbai, Oct 1 (UNI) MG Motor India registered a 28 pc increase in sales compared to last year as it retailed 3241 units in September 2021.
MG ZS EV sees higher demand in the third consequent month with 600 plus bookings in September.
MG Motor India recorded high bookings in September for the third consecutive month. Additionally, retail sales are also more than last year. However, the chip shortage has hampered the production capacity significantly.
Commenting on the development, Rakesh Sidana, Director-Sales, MG Motor India, said, “Our production has reduced by almost one-third due to chip shortage. We expect this challenge to continue for the next few months.
However, given the high number of bookings, we are trying our best to address the challenge and bring down the waiting period down to three months.”

With the festival season around, MG Motor India is getting ready to launch its mid-size SUV, MG Astor.
UNI JS ASN
More News

08 May 2024 | 5:42 PM

The Company received orders worth Rs 302,812 crore at the group level during the year ended March 31, 2024, registering a robust y-o-y growth of 31 per cent. During the year, orders were received across multiple segments like Onshore & Offshore verticals in Hydrocarbon, Metros, Urban Transit Systems, Airports, Roads & Bridges, Residential, Renewables, Transmission & Distribution and the Precision Engineering sectors.

see more..

L&T net up 10 pc in Q4; Final dividend at Rs 28 per share

08 May 2024 | 5:35 PM

Mumbai, May 8 (UNI) Larsen & Toubro (L&T), an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing, and Services, on Wednesday reported 10 per cent jump in net profit at Rs 4,396 crore year-on-year basis during Q4 (January-March) period of financial year 2023-24.

see more..

Tata Power reports highest ever PAT of ₹ 4,280 crore for FY24

08 May 2024 | 5:22 PM

·
Mumbai, May 8 (UNI) Tata Power, one of India's largest integrated power companies, on Wednesday reported its highest ever PAT of ₹ 4,280 crore for the financial year ended March 31, 2024.

see more..

Rupee ends flat at 83 51 against USD

08 May 2024 | 5:09 PM

Mumbai, May 8 (UNI) The Rupee on Wednesday ended unchanged at 83.51 against the USD on rising demand for US Dollar by bankers and importers, dealers at the Foreign exchange said.

see more..

Sensex falls 45 46 pts

08 May 2024 | 5:05 PM

Mumbai, May 8 (UNI) The BSE Sensex remained negative on Wednesday too, slipping 45.46 pts to settle at 73466.39 as selling was seen in IT, Bankex and Technology stocks.

see more..
image