Tag: Tata Motors

Passenger vehicle sales race to new high, GST mop-up above Rs 1.6 trillion
Business

Passenger vehicle sales race to new high, GST mop-up above Rs 1.6 trillion

Ahead of the peak festival season, the figures for domestic passenger vehicle (PV) sales and goods and services tax (GST) collection suggested a healthy macroeconomic scenario prevailing  in the country.  While the monthly PV wholesales number at 363,733 units in September was a record high, the GST mop-up at Rs 1.62 trillion, up 10.2 per cent year-on-year (Y-o-Y), was the third highest. The average monthly gross GST collection at Rs 1.65 trillion in the first six months of 2023-24 was 11 per cent higher than in H1FY23. UPI transactions, too, breached the 10 billion mark for a second consecutive month, but the 10.56 billion count was slightly lower than in August; the value of such transactions at Rs 15.8 trillion, however, was marginally higher. ...
Tata Projects to construct Micron’s advanced semiconductor plant in Sanand
Business

Tata Projects to construct Micron’s advanced semiconductor plant in Sanand

Tata Projects on Saturday announced its collaboration with Micron Technology to construct an advanced semiconductor assembly and test plant in Sanand, Gujarat. The company in a statement said the contract awarded to Tata Projects solidifies the company's proficiency in large-scale, sustainable infrastructure development in the Indian manufacturing landscape. According to the statement, situated in the Gujarat Industrial Development Corporation area of Chaarodi, Sanand, the project spans an expansive 93 acres of land. "This enduring project is a significant milestone and the largest investment under the India Semiconductor Mission (ISM)," the statement said, adding that the construction of Phase 1 will include a 500,000 square feet cleanroom space, scheduled to ...
Stocks to Watch: Yatharth, RIL, PolicyBazaar, Tata Motors, BoB, Delhivery, and Others
Business

Stocks to Watch: Yatharth, RIL, PolicyBazaar, Tata Motors, BoB, Delhivery, and Others

Last Updated: August 07, 2023, 08:29 ISTStocks to Watch on August 7: Nifty futures traded 8.5 points, or 0.04 per cent, higher at 19,597, signaling that Dalal Street was headed for a positive start on Monday. Here’s a slew of stocks that will be in focus today for various reasons.Yatharth Hospital & Trauma Care: The company’s Rs 687 crore IPO was subscribed 36.2 times, with strong demand from all segments, led by Qualified Institutional Investors. The Grey Market Premium (GMP) indicates a likely 20 per cent listing gain for the stock.Earnings Watch: Balmer Lawrie, Barbeque Nation, Bayer Cropscience, Emami, GHCL, GIC Housing, Gland Pharma, GNFC, Godrej Consumer Products, HLE Glascoat, India Cements, Jubilant Industries, Krishna Institute of Medical Sciences, Lloyds Steel, Max Healthcar...
Sensex, Nifty close flat as auto, consumer stocks offset slide in financials
Business

Sensex, Nifty close flat as auto, consumer stocks offset slide in financials

BENGALURU: Indian shares were little changed on Wednesday as a rise in auto and consumer stocks offset the slide in high-weightage financials.The Nifty index settled 0.05% higher at 19,398.50, while the S&P BSE Sensex fell 0.05% to 65,446.04.Both the indexes had hit all-time highs at each of the four previous sessions.Financials lost 0.82%, dragged by HDFC and HDFC Bank, down over 3% each, after the National Stock Exchange (NSE) announced the exclusion of HDFC from Nifty 50 beginning July 13.Fast moving consumer goods index hit a record high, led by ITC on a report that the process to demerge its hotels business was underway.Among individual stocks, Hero MotoCorp extended gains to a fresh two-year high on the launch of a bike developed with Harley Davidson, while rival Bajaj Auto adva...