DCX Systems IPO receives 8.8 times subscription on second day of offer
Business Standard
The company has priced its IPO between Rs 197 to 207 per share
EPFO aims to invest more in equity for younger members, expand horizon
Business Standard
At present, EPFO is allowed to invest between 5-15 per cent of its investible deposits in equity instruments irrespective of the age or risk profile of its members
Flipkart India FY22 revenue at Rs 51,176 cr, loss widens 39% to Rs 3,404 cr
Business Standard
The B2B arm of Walmart-owned e-commerce firm Flipkart reported expenses of Rs 54,580 crore, up about 19% over the previous year
Honda Motorcycle total sales up 3.97% to 449,391 units in October
Business Standard
Honda Motorcycle and Scooter India on Tuesday reported a 3.97 per cent increase in total sales at 4,49,391 units in October 2022. The company had sold 4,32,229 units in the same month last year, Honda Motorcycle and Scooter India (HMSI) said in a statement. In the domestic market, sales were at 4,25,969 units as against 3,94,645 units in the year-ago month, a growth of 7.94 per cent. Exports were lower by 37.68 per cent at 23,422 units as compared to 37,584 units in October last year. "This year's festival season has ushered in a period of real growth & positive sentiment after a challenging period of two-years," HMSI Managing Director, President and CEO Atsushi Ogata said.