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Commence production at earliest: CM Yogi to Hinduja Group

Commence production at earliest: CM Yogi to Hinduja Group
nyoooz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nyoooz.com Daily Mail and Mail on Sunday newspapers.

Uttar-pradesh , India , Madhya-pradesh , Bihar , Nepal , Lucknow , Prakash-hinduja , Ashok-hinduja , Ashoka-leyland , Gopal-gupta-nandi , Suresh-kumar-khanna , Narendra-modi

Gzb among 19 UP cities set to get 150 e-buses under central scheme

Gzb among 19 UP cities set to get 150 e-buses under central scheme
nyoooz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nyoooz.com Daily Mail and Mail on Sunday newspapers.

Loni , Uttar-pradesh , India , Sewa , Rajasthan , Ghaziabad , Faridabad , Haryana , Gurgaon , Ashok-leylands , Kesari-nandan , Ashok-leyland

ashok leylands: Cost savings boosted Ashok Leyland's margin, will help sustain momentum: Executive chairman Dheeraj Hinduja

"We are expecting to continue our performance in terms of double-digit Ebitda margins, for this year. We have been able to get there due to a combination of cost-saving measures and a good performance of our AVTR range of trucks, which in turn has allowed us to price our products well," executive chairman Dheeraj Hinduja told ET.

India , Chennai , Tamil-nadu , Jay-kale , Dheeraj-hinduja , Hinduja-group , Ashok-leyland , Elara-capital , Ashok-leylands , Hinduja ,

India, Tanzania finalise five-year roadmap to expand defence collaboration including equipment & tech

Both sides agreed on the roadmap at the second edition of India-Tanzania Joint Defence Cooperation Committee (JDCC) meeting that was held in Arusha (Tanzania) on June 28 and 29.

Tanzania , Indian-ocean , Oc , Mozambique , India , Arusha , Egypt , Tanzanian , Bharat , John-magufuli , Ashok-leylands

Nifty, Sensex give thumbs up to budget– Tuesday Closing Report

We had mentioned in Monday’s closing report that Nifty and Sensex await budget moves. On Tuesday, the indices opened gap up and ended with gain.

Ashok-leylands , Tata-motors , Bajaj-auto , National-stock-exchange , Virtual-digital-assets , Digital-rupee , Mutual-fund-returns , Ank-fixed-deposits , Tocks , Hares , Nvestor-returns , Ortfolio-allocation

Ashok Leyland tumbles after weak Q3 result


Ashok Leyland slumped 4.15% to Rs 129.40 after the company posted a standalone net loss of Rs 19.38 crore in Q3 FY21 as against net profit of Rs 27.75 crore in Q3 FY20.The profit was impacted by a one-time expenditure of Rs 85 crore in Q3 FY21 towards a voluntary retirement scheme (VRS).
Net sales jumped 20.5% to Rs 4,789.82 crore in Q3 FY21 over Q3 FY20. The result was announced after market hours yesterday, 11 February 2021.
The commercial vehicle maker posted a pre-tax loss of Rs 18.25 crore in Q3 FY21 as against a pre-tax profit of Rs 54.17 crore in Q3 FY20. The company reported an EBITDA margin of 5.3% for Q3 FY21 as against an EBITDA of 2.8% in Q2 FY21 and 5.6% in Q3 FY20. The company has brought down net debt to Rs 2880 crore in Q3 from Rs 3,076 crore in Q2FY21.

India , Vipin-sondhi , Ashok-leylands , Gopal-mahadevan , Power-solutions , Ashok-leyland , Total-industry-volume , Market-share , Electronic-control-units , Digital-nxt , After-market , Capital-market