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The online to offline doorstep tyre delivery-cum-fitment service will be offered under JK Tyre Man initiative, which will be rolled out first in Bangalore in its pilot phase from March 2021, before being rolled out to the major cities and towns in India by Q2 of 2021, it added.
Agencies This partnership with JK Tyres and Car Dekho takes the tyre purchase experience to the next level with our doorstep services, Shalini added.
JK Tyre & Industries Ltd on Thursday said it has entered into a strategic partnership with CarDekho and AutoBrix for online to offline doorstep tyre delivery-cum-fitment service. Under the initiative, JK Tyre will use its existing channel network to extend its products and services to consumer s doorstep with CarDekho s automobile platform providing the online channel to purchase car tyres from JK Tyre and AutoBrix India enabling tyre delivery and fitment at customer s doorstep, the company said in a statement.
V-Guard Industries Ltd on Wednesday reported a nearly 77 per cent increase in consolidated net profit at Rs 78.24 crore in the third quarter ended December 2020. It had posted a net profit of Rs 44.24 crore in the October-December quarter last fiscal,V-Guard Industries said in a regulatory filing. Revenue from operations rose 32.15 per cent to Rs 835.03 crore during the period under review. The same was at Rs 631.88 crore in the year-ago period.
V-Guard Industries Managing Director Mithun K Chittilappilly said that improved consumer sentiment, festive season and share gain from the unorganised sector have driven growth during the quarter. The sharp increase in commodity prices led to a slight drop in gross margins, he added.
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Nifty futures on the Singapore Exchange traded 26.5 points, or 0.19 per cent, higher at 14,253.50, in signs that Dalal Street was headed for a positive start on Wednesday. Here are a few stocks which may buzz the most in today s trade:
HDFC Bank: The country s largest private sector lender HDFC Bank said the bank has witnessed a loan growth of 19 per cent to Rs 10,82,000 crore during the third quarter ended December 2020.
HDFC: Mortgage lender HDFC said it is planning to raise up to Rs 5,000 crore by issuing bonds on private placement basis to meet its business requirements.
InterGlobe Aviation: Budget carrier IndiGo will now be able to operate longer overseas routes with its 29 Airbus A320/A321neos, powered by modified P&W engines, getting extended diversion time operations (EDTO) approval from aviation regulator DGCA, according to a source.
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