Unitech: UnitechBSE -9.52 % Ltd promoters Ajay Chandra and Sanjay Chandra were sent to police custody on Saturday till April 3 by a Delhi court in an alleged fraud case related to a Gurugram-based real estate project.
Tata Steel: Private steel major Tata SteelBSE 1.24 % achieved its highest ever annual sales volume of 10.94 million tonne in FY17, up by 15 per cent over FY16 sales of 9.54 mt.
Cipla: Pharma major CiplaBSE 0.16 % on Friday said its arm Medpro South Africa (Pty) Limited has signed an agreement to acquire 100 per cent stake in Anmarate (Pty) Limited, South Africa, for around ZAR 26 million.
United Spirits: Liquor major United SpiritsBSE -6.88 % (USL) has said over 500 employees have lost jobs due to shutting down of four bottling facilities in Bihar after alcohol prohibition in the state.
Karnataka Bank: The city-based Karnataka BankBSE 0.50 % is targeting a business turnover of Rs 1,10,000 crore in 2017-18 fiscal. It was eyeing deposits of Rs 64,500 crore and advances of Rs 45,500 crore, a top bank official said here yesterday.
Tata Motors: Tata Motor’s wholly owned subsidiary TAL Manufacturing on Sunday announced that BRABO — the first Made-in-India robot — has received “CE” certification for commercial sale in the European market.
Eicher Motors: The makers of the Bullet range of bikes said has it sold 60,113 motorcycles last month as against 51,320 units sold in March 2016.
Mahindra & Mahindra: The auto major on Sunday reported 6 per cent rise in total sales to 56,031 units in March as against 52,718 units sold in the same month last year.
NLC India: The state-owned NLC India (Neyveli Lignite Corporation) has recorded a 17.8 per cent growth in net profit at Rs 852.35 crore for the first three quarters to December 2016. The Tamil Nadu-based company had registered a net profit of Rs 723.82 crore during in the year ago period, the company said in a filing to the BSE.
Maruti Suzuki: The country’s largest car maker Maruti Suzuki IndiaBSE 0.43 % (MSI) posted 8.1 per cent rise in total sales in March at 1,39,763 units as against 1,29,345 vehicles in the same month last year. The company’s domestic sales increased 7.7 per cent during the month to 1,27,999 units as against 1,18,895 units in March 2016.
Aviation stocks: Shares of Jet AirwaysBSE 1.71 %, InterGlobe Aviation and SpiceJetBSE 1.67 % will remain in focus after price of jet fuel or ATF was cut by Rs 2,811.38 per kilolitre, or 5.1 per cent, to Rs 51,428 per kl with effect from April 1.