Friday, Dec 8 2023 | Time 12:01 Hrs(IST)
Business Economy

Mahindra's Farm Equipment Sector September 2023 total sales at 43,210 units

Mumbai, Oct 2 (UNI) Mahindra & Mahindra Ltd.'s Farm Equipment Sector (FES) total tractor sales (Domestic + Exports) during September 2023 were at 43,210 units, as against 48,713 units for the same period last year
Domestic sales in September 2023 were at 42,034 units, as against 47,100 units during September 2022.
Exports for the month stood at 1,176 units.
Commenting on the performance, Hemant Sikka, President - Farm Equipment Sector, Mahindra & Mahindra Ltd. said, "We have sold 42,034 tractors in the domestic market during September 2023. Smart recovery in Kharif sowing with more than 110 mn hectares and the start of festive fervour is expected to bring positive sentiments among the farmers. Normal rains in September have helped overall monsoon to achieve near normal levels and this will help in Rabi sowing, especially in Central, Northern and Western regions of the country. In the exports market, we have sold 1,176 tractors."
More News

RBI keeps repo rate unchanged at 6 5 pc, raises FY24 GDP growth forecast to 7 pc

08 Dec 2023 | 11:50 AM

Mumbai, Dec 8 (UNI) As widely expected by markets and policy-watchers, the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Friday decided to keep the policy repo rate unchanged at 6.50%.

see more..

Payback period for investment in sustainable warehouses slump to 3 yrs

07 Dec 2023 | 9:55 PM

Kolkata, Dec 7 (UNI) With the warehousing market projected to grow at a compound annual growth rate of over 10 percent to 535 million sq ft by 2026, it is imperative to integrate sustainable measures into the design, construction, and operation of warehouses, says a report launched by JLL and IndoSpace, with contribution from International Finance Corporation (IFC).

see more..

AIPMA kickstarts its 12th edition of Plastivision India 2023

07 Dec 2023 | 9:23 PM

Mumbai, Dec 7 (UNI) The 12th ‘Plastivision India 2023' of All India Plastics Manufacturers’ Association (AIPMA), supported by Plastivision India, Ministry of Chemicals & Fertilisers, Department of Chemicals & Petrochemicals and the Ministry of Micro, Small & Medium Enterprises, was inaugurated here on Thursday.

see more..

Aditya Birla Health Insurance launches 'Activ One'

07 Dec 2023 | 6:10 PM

Kolkata, Dec 7 (UNI) Aditya Birla Health Insurance Company Limited (“ABHICL”), the health insurance arm of Aditya Birla Capital, India’s leading, well-diversified financial services provider, has announced the launch of ‘Activ One,’ a simplified and comprehensive health insurance plan that empowers its policyholders with tailor-made solutions to meet not just their health insurance needs but also enables them to be the healthiest version of themselves.

see more..
Rupee falls 3 paise against USD

Rupee falls 3 paise against USD

07 Dec 2023 | 5:05 PM

Mumbai, Dec 7 (UNI) The Rupee on Thursday fell three paise to close at 83.36 on rising demand for US Dollar by bankers and importers, dealers at the Foreign Exchange said.

see more..