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EBITDA

Automakers take lead in FY24 salary hikes with double-digit raises

by Adesola Mojo
Automakers take lead in FY24 salary hikes with double-digit raises

New Delhi: Automakers have taken the lead in salary increases among all sectors in India, handing out double-digit hikes to their employees for fiscal 2024 amid a robust growth in …

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Categories Automobile

ashok leyland: Ashok Leyland progressing well in network expansion in North & East

by Adesola Mojo
ashok leyland: Ashok Leyland progressing well in network expansion in North & East

Chennai: Heavy commercial vehicle maker Ashok Leyland has drawn up network expansion plans in the North and Eastern parts of the country, a top company official has said. The Hinduja …

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Categories Automobile

Exide Industries Anticipates Recovery to Pre-COVID Margin within 1-2 Years

by Adesola Mojo
Exide Industries Anticipates Recovery to Pre-COVID Margin within 1-2 Years

Storage battery major Exide Industries Ltd on Tuesday expressed its anticipation of regaining its pre-COVID EBITDA margin of 13-14% within the next one to two years, despite the present margin …

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Categories Automobile

Tata Motors Aims to Achieve Zero Net-Debt in Domestic Business by FY24, Says N Chandrasekaran

by Adesola Mojo
Tata Motors Aims to Achieve Zero Net-Debt in Domestic Business by FY24, Says N Chandrasekaran

Tata Motors’ domestic business is expected to become near net-debt zero in FY24 and JLR in the following year, Tata Motors chairman N Chandrasekaran told company’s shareholders virtually at the …

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Categories Automobile

Sales drop 2.3% as NTPC Q1 results show 9.4% YoY rise in PAT to Rs 4,066 crore

by Craig Fedirighi
Sales drop 2.3% as NTPC Q1 results show 9.4% YoY rise in PAT to Rs 4,066 crore

MUMBAI – State-owned power producer NTPC Ltd reported a 9.4% year-on-year (YoY) rise in net profit for the quarter ended June to Rs 4,066 crore. Revenue from operations, however, declined …

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Categories Business

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