Eicher Motors: The company said it has appointed Vinod K Dasari as the chief executive officer of its Royal Enfield unit. It also announced a Rs 700 crore capital expenditure plan for Royal Enfield in the current financial year. Moreover, Royal Enfield's domestic sales in March 2019 fell by 21 per cent.
ZEEL: The promoters of Zee Entertainment have sold Rs 332 crore worth of the firm’s shares in recent months, according to exchange disclosures.
Coal India: Coal India on April 1 reported a growth of 7 percent in dry fuel production in 2018-19 to 606.9 million tonne, a shade below the MoU target of 610 million tonne with the coal ministry.
Godrej Properties: The realty firm Godrej Properties on Monday said it sold 2,900 flats for over Rs 2,100 crore during the fourth quarter of last fiscal. In a statement, the Mumbai-based developer said "it has achieved its highest ever bookings numbers in Q4 FY19."
The pharma company on Monday signed a binding agreement with Pulmatrix Inc for co-development and licensing opportunity for a new drug under development for upfront consideration of $22 million.
TVS Motor: Chennai-based TVS Motor Company on Monday reported a marginal decline in total sales at 3,25,345 units in March 2019. The company had sold 3,26,667 units in the same month last year, TVS Motor Co said in a regulatory filing.
Strides Pharma: The company in its stock exchange filing said it will convert 50:50 JV with Vivimed to 100 per cent ownership.
Jet Airways: The carrier missed a $109 million loan repayment due to HSBC Bank this week, according to a Bloomberg report.
Hindustan Aeronautics: HAL has announced a record turnover of over Rs 19,400 crore (provisional and unaudited) for the financial year that ended March 31.
Karnataka Bank: Bank targets Rs 1,44,000 crore business turnover for FY20, says MD and CEO of the bank, Mahabaleshwara MS.
NMDC: The public sector miner produced 32.44 MT and sales of 32.38 MT iron ore in FY19
Cyient: Delivery of order worth $5 million delayed due to delay in regulatory clearances.
Gateway Distriparks: The firm has completed the acquisition of the entire stake held by private equity Blackstone in its subsidiary for Rs 850 crore.