Bajaj Auto Sales Drop 38% In Mar As Biz Takes Hit; Domestic Sales Tank 55%
Bajaj Auto on Friday reported 38 per cent decline in total sales to 2,42,57 units in March as against 3,93,351 in the same month last year.
Total domestic sales fell 55 per cent to 1,16,541 units last month as compared to 2,59,185 units in March 2019, Bajaj Auto said in a statement.
The company further said its total two-wheeler sales were down 35 per cent at 2,10,976 units as compared to 3,23,538 units in the year-ago month.
ALSO READ: Ashok Leyland domestic sales skid 91% in March, Eicher total sales dip 83%
Domestic two-wheeler sales were at 98,412 units last month as against 2,20,213 units in March 2019, a decline of 55 per cent, it added.
For the 2019-20, the two-wheeler maker reported 8 per cent dip in sales at 46,15,212 units as compared to 50,19,503 units in 2018-19.
Coutts Sets Scope On New Continent
Coutts steps into private marketsCoutts, the private bank best known for serving Britain’s wealthiest families and the... Read more
From Cypherpunk To Citadel
How Crypto Moved from the Wild West to the Mainstream Financial SystemA long-form analysis of Bitcoin's journey from fri... Read more
ACB Securities: Building Scale, Trust & Innovation
ACB Securities: Building Scale, Trust and Innovation in Vietnam’s Capital MarketsACB Securities (ACBS) is emerging as ... Read more
War Risk Returns To Markets As VIX Surges
For most of the past year, global markets behaved as though geopolitical risk had largely disappeared. Inflation was eas... Read more
Stablecoin The Future Of Currency?
The payments system is undergoing a quiet but consequential shift. What was once the exclusive preserve of central banks... Read more
BoE Loosens Capital Rules
The Bank of England has taken a significant step towards easing post-crisis regulation by lowering its estimate of the c... Read more