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Transcript of Weekly news
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Weekly News (25th – 31st Oct )
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English clothing brand, Stephens
Brothers, is eyeing an up to 40 per cent revenue growth this fiscal and plans to enhance its retail
presence through a tie-up with large-
format store-chain -- Central, a top
company official said. Stephens Brothers
plans to acquire a carpet area of
around 300-400 square feet at
Central stores and will retail
merchandise for both men and
women, including apparels and accessories.
Clothing brand Stephens Brothers eyes 40 per cent revenue growth in FY11
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A Honda spokeswoman said
the automaker will in the next couple of
months tell customers to bring cars to dealerships
for repairs.
Honda recalls 528,000 cars for cylinder snag
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The country's largest carmaker Maruti today reported a
4.95 per cent rise in its net profit for the
quarter ended September 30 at Rs 598.24 crore on the back of its highest-
ever quarterly sales.
"This quarter, we achieved highest-
ever sales and in the domestic market we had a volume growth of 32.93 per cent," Maruti Suzuki India
(MSI) Managing Director and CEO Shinzo Nakanishi
told reporters here.
Maruti posts 5% jump in Q2 net profit; highest car sales
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, India’s biggest company by market
value, reported a 28% rise in quarterly
net profit, in line with street
estimates, and sees a positive outlook as
strong demand in emerging markets
and modest economic recovery
in developed economies is likely
to boost sales for the oil and
petrochemicals major.
In the June-September quarter, when the spotlight shifted to growth and acquisitions
from a long-running dispute between chairman Mukesh Ambani and his
estranged brother Anil, Reliance’s
quarterly profit leapt to the highest in
about three years, while turnover rose
22.8%.
Reliance clocks best quarterly net in 3 years