Revenues of Maruti Suzuki India Surge by 20.3% y-o-y in March 2017 Quarter
Operating profit up 9.9%; Net profit rises by 15.8% Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, reported a 20.3 per cent increase in its revenues in the March 2017 quarter. The company’s operating profit grew by 9.9 per cent and net profit by 15.8 per cent. The company attributed the rise in profits […]
10 reasons why India will enter the fast track by 2020
While growing up, we were told that for every step India took forward, it took two steps back. That indeed seemed to be the case for decades after Independence. The first big step forward was the liberalisation in 1991 – we haven’t looked back ever since.The second leap forward could be the 2014 general elections, […]
Indian Railways carries 108.1 million tonnes of freight volume in March 2017
Freight traffic grows by 7.7 per cent Indian Railways (IR) carried 108.1 million tonnes of freight traffic in March 2017 as compared to 100.4 million tonnes carried in the corresponding month of the previous year. This translates into a growth of 7.7 per cent which was owing to an increase in freight volume of commodities […]
Glass industry to Witness Completion of Three Projects During 2017-19
Aggregate investment pegged at Rs.50 billion Glass industry, which is likely to have completed two projects amounting to Rs.6 billion in 2016-17, is expected to witness completion of three projects during 2017-19. The projects that are likely to get completed during 2017-19 belong to Hindusthan National Glass, Gujarat Borosil and Saint Gobain India. A total […]