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Asian Development Bank Forecasts India's Growth At 6.5% For FY26
Despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year ADB said on Tuesday.
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Google Pixel-Maker Dixon to Double Revenue as India Ramps Up Electronics Production
Dixon Technologies India, which assembles Google's Pixel smartphones, is set to more than double its revenue this fiscal year, driven by rapid growth in local electronics manufacturing, a top executive told Reuters.
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Tech Mahindra Increases Headcount to 1.58 Lakh, Net Profit Falls 16.4 Percent in Q2 2022
Tech Mahindra reported a 16.4 percent slide in consolidated net profit at Rs. 1,132 crore for the second quarter. The company is the fifth biggest IT exporter in India, and posted a net profit of Rs. 1,353 crore in the year-ago period. Tech Mahindra said that it added 6,862 employees during the quarter to take its total headcount to 1.58 lakh. Earl...
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JK Tyre Reports Loss Of Rs. 53 Crore In Q4 FY20
Revenue from operation stood at Rs. 1,794 crore down from Rs. 2,703 crore seen in Q4 2019.
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Auto Component Makers Register A Growth Of 14.5 Per Cent In FY2019
At a time when the Indian Automakers are witnessing a prolonged decline in sales across segments, the auto component industry has recorded a revenue growth of 14.5 per cent at Rs. 3.95 lakh crore in FY2019.
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Indian IT Likely To See 7-9% Growth In FY19, May Hire 1 Lakh New Techies
"The domestic revenue may grow at slightly higher pitch of 10-12%, while exports, the mainstay may lag in FY19," said Nasscom president R Chandrashekhar.
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Ashok Leyland Registers Record Revenue And Volumes In Q3 FY 2017-18
Ashok Leyland, has announced achieving a revenue of Rs. 7,113.16 crore (Rs. 71 billion) in the third quarter (Q3) of the 2017-18 fiscal year. Ashok Leyland's net profit in went up by 178 per cent to Rs. 449.71 crore, compared to the Rs. 161.72 crore profit made during the same period last year.
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TVS Grows By 20.6 Per Cent In Q2 2016-17
TVS had a decent Q2 in FY 2016-17 with a growth of 20.6 per cent over the same period last year. Its total revenue for the quarter was Rs. 3726.31 crore for the quarter as opposed to Rs. 3089.42 crore for the quarter ended in September 2015.
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Auto Component Makers Expect A Growth Oriented Budget
The auto component body is looking forward for support from the government to revive the industry and to realise their ambition of growing exports to USD 35 - 40 billion and build overseas revenues of USD 20-22 billion over the next five years.
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Asian Development Bank Forecasts India's Growth At 6.5% For FY26
Despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year ADB said on Tuesday.
-
Google Pixel-Maker Dixon to Double Revenue as India Ramps Up Electronics Production
Dixon Technologies India, which assembles Google's Pixel smartphones, is set to more than double its revenue this fiscal year, driven by rapid growth in local electronics manufacturing, a top executive told Reuters.
-
Tech Mahindra Increases Headcount to 1.58 Lakh, Net Profit Falls 16.4 Percent in Q2 2022
Tech Mahindra reported a 16.4 percent slide in consolidated net profit at Rs. 1,132 crore for the second quarter. The company is the fifth biggest IT exporter in India, and posted a net profit of Rs. 1,353 crore in the year-ago period. Tech Mahindra said that it added 6,862 employees during the quarter to take its total headcount to 1.58 lakh. Earl...
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JK Tyre Reports Loss Of Rs. 53 Crore In Q4 FY20
Revenue from operation stood at Rs. 1,794 crore down from Rs. 2,703 crore seen in Q4 2019.
-
Auto Component Makers Register A Growth Of 14.5 Per Cent In FY2019
At a time when the Indian Automakers are witnessing a prolonged decline in sales across segments, the auto component industry has recorded a revenue growth of 14.5 per cent at Rs. 3.95 lakh crore in FY2019.
-
Indian IT Likely To See 7-9% Growth In FY19, May Hire 1 Lakh New Techies
"The domestic revenue may grow at slightly higher pitch of 10-12%, while exports, the mainstay may lag in FY19," said Nasscom president R Chandrashekhar.
-
Ashok Leyland Registers Record Revenue And Volumes In Q3 FY 2017-18
Ashok Leyland, has announced achieving a revenue of Rs. 7,113.16 crore (Rs. 71 billion) in the third quarter (Q3) of the 2017-18 fiscal year. Ashok Leyland's net profit in went up by 178 per cent to Rs. 449.71 crore, compared to the Rs. 161.72 crore profit made during the same period last year.
-
TVS Grows By 20.6 Per Cent In Q2 2016-17
TVS had a decent Q2 in FY 2016-17 with a growth of 20.6 per cent over the same period last year. Its total revenue for the quarter was Rs. 3726.31 crore for the quarter as opposed to Rs. 3089.42 crore for the quarter ended in September 2015.
-
Auto Component Makers Expect A Growth Oriented Budget
The auto component body is looking forward for support from the government to revive the industry and to realise their ambition of growing exports to USD 35 - 40 billion and build overseas revenues of USD 20-22 billion over the next five years.
