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Business - Page 337

Sales Plunge to Dent Auto Dealers’ credit

Two consecutive years of double-digit decline in sales volume and a 50-100 basis points (bps) moderation in already thin operating profitability are expected to materially dent the credit metrics of automotive dealers
July 8, 2020

Diesel Maintains Gain over Petrol

Diesel has maintained its gain over petrol in Delhi as oil marketing companies kept the prices of auto fuels unchanged on Wednesday after raising the price of diesel by 25 paisa per
July 8, 2020

Coca-Cola Invests for Long-Term Presence

Beverage major Coca-Cola’s long-term investment plans in India remain intact despite coronavirus-induced economic turbulence, a key company executive said. Accordingly, the beverage major is expected to complete the earlier announced $5 billion
July 8, 2020

Hiring Activity up by 30%

In a silver lining amid the growing Covid-19 cases, the hiring activity in India saw 33 per cent improvement in June compared to May, a new Naukri.com report said on Wednesday, adding
July 8, 2020

Union Bank Expands Insurance Distribution

The Union Bank of India has expanded the insurance distribution channels after the amalgamation of Andhra Bank and Corporation Bank with it with effect from April 1, 2020. Now, all branch outlets
July 3, 2020
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