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The National Company Law Appellate Tribunal (NCLAT) rejected Sundaram Brake Linings plea challenging a cease and desist order issued by the Competition Commission of India (CCI). The CCI s order, issued on July 10, 2022, directed 10 companies, including Sundaram Brake Linings, to cease anti-competitive practices related to certain tenders of the Indian Railways. ....
Stocks that will see action today: November 28, 2023 - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Rane Brake Profit: During Q2 FY24, sales to OE customers grew 13% driven by strong sales to the two-wheeler segment. Sales to aftermarket customers grew 4% and EBITDA margin improved by 172 bps on account of higher volume and one-off provision reversal during this quarter, the company said. ....
Rane Brake Lining Q2 standalone net rises 48% on strong sales thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Adoption of electric vehicles is expected to accelerate in the coming years as electric vehicles become more cost competitive backed by supportive government policies, enhanced charging infrastructure, and consumer willingness to move towards clean and sustainable mobility solutions, Rane Brake Linings noted. ....