Bata India Q4 profit jumps 69.47% to ₹88.26 crore – Livemint

NEW DELHI: Footwear major Bata India on Friday reported a 69.47% jump in standalone profit to ₹88.26 crore for the fourth quarter ended March 31, 2019. It had posted a profit of ₹52.08 crore in the January-March quarter of the preceding fiscal. The company’s revenue from operations during the quarter under review stood at ₹679.39…

View More Bata India Q4 profit jumps 69.47% to ₹88.26 crore – Livemint

Bata India Q4 profit jumps 69.47% to Rs 88.26 crore – Moneycontrol.com

Footwear major Bata India May 24 reported a 69.47 per cent jump in standalone profit to Rs 88.26 crore for the fourth quarter ended March 31, 2019. It had posted a profit of Rs 52.08 crore in the January-March quarter of the preceding fiscal. The company’s revenue from operations during the quarter under review stood at…

View More Bata India Q4 profit jumps 69.47% to Rs 88.26 crore – Moneycontrol.com

Air India stops flights from Mumbai to New York – Hindustan Times

National carrier Air India, which had commenced direct services from Mumbai to New York’s John F Kennedy airport in December 2018, has decided to discontinue the flights, reportedly owing to poor demand. AI officials said the Mumbai-New York flight operation was causing losses to the airline. However, the airline will continue to operate direct flights…

View More Air India stops flights from Mumbai to New York – Hindustan Times

India is shutting down ATMs even as people use them more – Times of India

NEW DELHI: Finding an ATM in India is getting tougher even as dependence on cash persists, thanks to tighter regulations that make it more costly to run the machines. The number of automated teller machines in the country shrank in the past two years despite an increase in transactions, Reserve Bank of India (RBI) figures…

View More India is shutting down ATMs even as people use them more – Times of India

Nestle India gives investors something to munch on – Livemint

Mumbai: The mood at Nestle India Ltd is cheerful. The company’s shares traded higher Wednesday morning, after its March quarter numbers were announced. While last quarter’s results were not overly impressive, it is possible that investors are taking some comfort from the management commentary. At a time when consumer companies are harping on demand slowdown,…

View More Nestle India gives investors something to munch on – Livemint

India pharma majors Dr Reddy’s, Wockhardt, and others deny allegations of conspiracy to fix prices in US – Firstpost

India pharma majors Dr Reddy’s, Wockhardt, and others deny allegations of conspiracy to fix prices in US – Firstpost ‘; $(“#aid_” + id + ” .dynamicArticle”).find(‘.content-wap-ros-new’).html(slot_html); createAd7(slot_id,adCount); slot_id = ”; slot_id = “infinite_content_8th_slot_no” + id; slot_html = ”; $(“#aid_” + id + ” .dynamicArticle”).find(‘.content-wap-ros’).html(slot_html); //createAd8(slot_id,adCount); slot_id = ”; slot_id = “infinite_content_ib_slot_no” + id; slot_html =…

View More India pharma majors Dr Reddy’s, Wockhardt, and others deny allegations of conspiracy to fix prices in US – Firstpost

Air India refutes reports of airline being on the verge of collapse – Moneycontrol

Allaying fears among growing number of Israelis using Air India flights to Delhi, India’s national carrier has rubbished as “baseless” the claims in certain sections of the Israeli media that it is on the verge of bankruptcy. Some Israeli media outlets recently reported that Air India was trapped in huge debt running over a billion…

View More Air India refutes reports of airline being on the verge of collapse – Moneycontrol

India posted the worst car sales data in eight years – Hindustan Times

Sales of cars and SUVs in India slumped the most since October 2011, adding to a slew of bad news that points to a slowdown in the world’s fastest-growing major economy. Passenger vehicle sales in April fell 17.1% to 247,541 units from a year earlier, data released by the Society of Indian Automobile Manufacturers showed.…

View More India posted the worst car sales data in eight years – Hindustan Times

View: India hoped for a Shinzo Abe. It got a lost decade instead – Economic Times

By Andy Mukherjee Five years ago, I wrote that Narendra Modi could be India’s Shinzo Abe. I couldn’t have been more wrong. The chief minister of Gujarat state had just been chosen by his party to become the next prime minister if it won the popular vote. Writing for Reuters then, I predicted he could…

View More View: India hoped for a Shinzo Abe. It got a lost decade instead – Economic Times

How is India driving to electric mobility? – The Hindu

The story so far: On Monday, Ola Electric Mobility Pvt. Ltd. said in a statement that Ratan Tata, Chairman Emeritus of Tata Sons, had invested an unspecified amount to support its ambitions to scale up electric vehicle deployment in India. Ola Electric is undertaking several pilot programmes including charging solutions, battery swapping stations, and deploying…

View More How is India driving to electric mobility? – The Hindu