Dhanlaxmi eyes 80% credit growth
Private-lender Dhanlaxmi Bank plans to grow its retail banking business by 500 per cent and credit growth by 70-80 per cent this fiscal, a top bank official said. Dhanlaxmi Bank is targeting a retail
M&M motor bike foray by year-end
Having sold a record one lakh scooters in a span of just 10 months, Mah-indra & Mahindra (M&M) is now firming up plans to enter the domestic motor-cycle market by end of this year, a top company offic
JSW Steel rules out price hike
JSW Steel on Wednesday ruled out any increase in product prices for August, stating that the demand scenario does not warrant change. “Steel prices have bottomed out. There is some improvement in dema
Tea exports for June nosedive
Tea exports fell by around 15 per cent to 12.7 million kg in June this year due to dip in production in both northern and southern parts of India. During the same month last year, India had exported 1
Ashok Leyland July sales up 66%
Hinduja Group’s flagship firm Ashok Leyland on Tuesday reported 65.98 per cent jump in July commercial vehicle sales at 6,747 units compared to the same month last year. The company had sold 4,065 uni
Air India set for imagemakeover
AIR INDIA has appointed an international consultancy firm — Cato Purnell Partners — to give it a branding makeover for the forthcoming Common wealth Games at a cost of over $ 1.6 million. “Cato Purnel
BMW beats forecast, net jumps 10%
BMW, the world’s top maker of luxury cars, reported forecast-beating profit for the second quarter, driven by sales of its popular 5 Series model and rising demand from brand-conscious China. Earnings
Godrej bets big on agri, chemical biz
ON THE back of a healthy growth in the June quarter, Godrej Industries Limited has chalked out a Rs 300-crore expansion plan for agri and chemical businesses. Godrej Industries has earmarked Rs 230 cr
Ashok Leyland July sales up 66%
Hinduja Group’s flagship firm Ashok Leyland on Tuesday reported 65.98 per cent jump in July commercial vehicle sales at 6,747 units compared to the same month last year. The company had sold 4,065 uni
Air India set for imagemakeover
AIR INDIA has appointed an international consultancy firm — Cato Purnell Partners — to give it a branding makeover for the forthcoming Common wealth Games at a cost of over $ 1.6 million. “Cato Purnel