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Here are the top stories to start your day.
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⭐Tata Motors global sales rise
Automaker reported an 8% YoY increase in global sales to 3.6 lakh units during the fourth quarter of FY23. Passenger vehicle sales were at 1.3 lakh units, a rise of 10% YoY, including that of Jaguar Land Rover (JLR).
⭐Adani Wilmar Q4 update
FMCG firm said its volumes grew by 14% YoY in FY23, enabling it to cross revenue of ₹55,000 crore during the year. Its Food and FMCG segment is making a good progress, registering a volume growth of 40% YoY and revenue of ₹3,800 crore.
⭐ Sona BLW Capex plans
The auto part manufacturer has shifted its operations to a bigger facility in Pune. The company will do a capital expansion (Capex) of ₹52.9 crore at this new plant, which will boost existing capacity to 20.1 million gears.
Global markets (at 8:15 AM today)
Indices | Today's movement |
SGX Nifty | ▼ 0.06% |
Nikkei 225 (Japan) | ▲ 0.42% |
Hang Seng (Hong Kong) | ▲ 0.28% |
SSE Composite (China) | ▼ 0.01% |
Dow Jones (US) (April 7) | ▲ 0.01% |
NYSE (US) (April 7) | ▲ 0.07% |
Nasdaq (US) (April 7) | ▲ 0.76% |
S&P 500 (US) (April 7) | ▲ 0.36% |
Fact of the day
India’s coal import rose by 32% to 148.5 million tonnes (MT) between April to February 2023
Source: Economic Times