MRF misses estimates as input costs dent margin performance

Nov 08, 2022

Operating profit or earnings before interest, taxes, depreciation, and amortisation (Ebitda) declined 8 per cent from last year to Rs 480.6 crore. The fall...

Vehicle financers face risk with falling fleet utilisation: Ind-Ra

May 26, 2021

Mumbai (Maharashtra) [India], May 26 : India Ratings and Research (Ind-Ra) has said the second Covid wave will have a material impact on vehicle...

Real Estate construction costs up by 11 pc in 2024, driven by increased labour and material costs

Nov 14, 2024

"While rise in prices of key construction materials was relatively modest over the last year, labour costs have been driving the overall cost of...

Incredible growth in financial services, stronger monetisation puts us ahead of profitability plans: Paytm management

Nov 09, 2022

The company has seen a stronger monetisation across all its key businesses while limiting indirect costs, leading to a 61 per cent YoY improvement...

Fitch downgrades India's auto loan sector outlook on economic slowdown risks

Dec 13, 2022

High inflation, Fitch Ratings said, may increase the operating costs of vehicles and the cost of living, which may hurt operators' debt servicing capacity.

Tata Motors to increase prices of commercial vehicles from January 2023

Dec 13, 2022

The company said it has been absorbing a significant portion of the increased costs, but the steep rise in overall input costs has compelled...