Ashok Leyland wins $82 mn bus contract from Senegal

Last Updated: Tuesday, June 23, 2015, 13:49

The company in a statement said it has bagged orders worth USD 82 million from Senegal towards building their comprehensive and integrated transportation system.

CCI defends itself against Compat's adverse remarks

Last Updated: Friday, June 12, 2015, 16:59

The comments came against the backdrop of Competition Appellate Tribunal recently saying that two Commission members signing an order without being present for hearing amounts to "flagrant violation of the basics of natural justice".

Ashok Leyland May sales surge 40.13% to 9,294 units

Last Updated: Monday, June 1, 2015, 13:25

Ashok Leyland on Monday reported a 40.13 percent hike in total sales at 9,294 units in May as against 6,632 units in the same period last year.

Shah Committee on MAT dues on FIIs holds first meeting

Last Updated: Monday, May 25, 2015, 18:34

The high-level Justice Shah committee on levy of MAT on FIIs today met for the first time as it looked to expeditiously give its recommendations to resolve the contentious issue that has riled investors.

Airlines again under CCI scanner; face cartelisation probe

Last Updated: Thursday, May 21, 2015, 20:48

Airlines face a fresh probe for suspected cartelisation and for the alleged arbitrary hike in airfares, with the fair trade regulator CCI Thursday saying it needs to get to the bottom of the issue.

MAT on FIIs: Govt constitutes Shah panel, Ashok Lahiri named member

Last Updated: Wednesday, May 20, 2015, 23:34

The Finance Ministry also said other tax issues would be also referred to the three-member committee in due course. Renowned chartered accountant Girish Ahuja is the third member of the panel, whose term is one year.

MAT: Former CEA Ashok Lahiri named member of Shah Committee

Last Updated: Wednesday, May 20, 2015, 20:55

Former Chief Economic Adviser Ashok Lahiri named as a member of Justice A P Shah Committee that will look into MAT dues on FIIs.

Not much to cheer about for aviation sector: Experts

Last Updated: Sunday, May 17, 2015, 09:43

With the NDA government set to complete a year in office, aviation industry experts say the sector hasn't had much to cheer about during this period as the much-needed reforms have either been in a go-around mode or in holding pattern.

Ashok Leyland Q4 net profit falls 36% to Rs 229.97 crore

Last Updated: Tuesday, May 12, 2015, 22:42

Hinduja Group flagship firm Ashok Leyland Tuesday reported 36.71 percent decline in standalone net profit at Rs 229.97 crore for the quarter ended March 31, 2015.

Ashok Leyland suspends production of Stile

Last Updated: Tuesday, May 12, 2015, 22:16

Hit by poor sales, Hinduja Group flagship company Ashok Leyland has suspended the production of its first passenger vehicle - Stile, and has written down the investments made in the joint venture with Japanese auto maker Nissan Motor Company by Rs 214 crore, a top official said.

Hinduja Leyland Finance Net up 37% at Rs 112 cr in FY15

Last Updated: Monday, May 11, 2015, 17:14

Total income of the company during 2014-15 rose to Rs 814.34 crore, from Rs 625.22 crore in the preceding fiscal.

CACP for effective crop insurance scheme

Last Updated: Wednesday, May 6, 2015, 19:05

Commission for Agricultural Cost and Prices (CACP) on Wednesday said it will recommend the Centre to make crop insurance scheme more effective and better, observing that farmers are not fully compensated for crop loss caused by natural calamities.