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PG Paper to remain profitable despite Covid hit

Poonam and Puneet Gupta. Picture: Mark Mainz By Kristy Dorsey Profits at PG Paper edged higher during 12 months to the end of March, though the Scottish broking business warned that the Covid pandemic will adversely affect sales in the current year. Headquartered in Kilmacolm, the company generates the vast majority of its revenues from markets outside the UK and Europe. In their report contained within latest accounts filed with Companies House, directors Poonam and Puneet Gupta – the wife and husband who set up PG Paper in 2003 – described current trading conditions as “difficult”. “The directors however took quick and decisive action to minimise all overhead costs,” the report states. “The directors are confident the company will trade profitably during the year ended 31 March 2021 due to the measures which they put in place and due to the improved trading in the second half of 2020.”

Honda Motor plans to trim India operations - The Hindu BusinessLine

Honda Motor plans to trim India operations January 07, 2021 HMSI has production facilities at Manesar (Haryana), Alwar (Rajasthan), Narsapura (Karnataka) and Vithalapur (Gujarat) with a combined capacity of 6.4 million units annually   -  Somashekar G R N HMSI has production facilities at Manesar (Haryana), Alwar (Rajasthan), Narsapura (Karnataka) and Vithalapur (Gujarat) with a combined capacity of 6.4 million units annually   -  Somashekar G R N× India continues to be a priority market, says Activa maker Honda Motor Company is trimming its operations in India. The company’s recent Voluntary Retirement Scheme (VRS) for two-wheeler as well as car units has raised questions on its India strategy.

Tesla Likely To Foray Into India By Next Year May Roll Out Compact E car By 2022

BW Businessworld Tesla Likely To Foray Into India By This Year, May Roll Out Compact E-car By 2022 Tesla is looking at not just selling cars in India but also gain volumes in the long run. The one model which will give it the maximum numbers would be its upcoming, least priced model from its global portfolio. Photo Credit : At a time when the government is coming up with a slew of sops for electric vehicles, Tesla Inc, the world s most innovative car maker is contemplating an entry into the Indian market by next year. The world’s renowned electric vehicle and clean energy company, which was initially planning to import cars from China due to lower import duties and logistical factors, may now resort to its earlier plans of shipping in products from its mother facilities in the US.

Astrologers rake in moolah as New Year approaches

Astrologers rake in moolah as New Year approaches
hindustantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hindustantimes.com Daily Mail and Mail on Sunday newspapers.

Gauahar Khan twins with husband-to-be Zaid Darbar in teal for pre-wedding festivities SEE PICS

Gauahar Khan twins with husband-to-be Zaid Darbar in teal for pre-wedding festivities SEE PICS
hindustantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hindustantimes.com Daily Mail and Mail on Sunday newspapers.

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