Tuesday, January 28, 2020

Maruti’s discounts in Dec quarter break all previous records, erode margins

Maruti’s discounts in Dec quarter break all previous records, erode margins The previous highest discount offered by the company per car sold was in the July-September quarter at Rs 25,761 aggregating to a direct loss of Rs 805 crore

from Moneycontrol Business News https://www.moneycontrol.com/news/business/maruti’s-discountsdec-quarter-break-all-previous-records-erode-margins_13416261.html

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Adani Group stocks slide up to 14% on US SEC heat

Adani Group stocks saw a sharp decline on Friday. This followed news that the US SEC is seeking court permission to email summons to founder...