Hero MotoCorp in focus on declaring February sales numbers

Hero MotoCorp reported 19.3% decline in total two-wheeler sales to 498242 units in February 2020 from 617215 units in February 2019. Hero MotoCorp moved ahead to manufacturing only BS-VI vehicles and stopped the production of all BS-IV two-wheelers in the month of February.

Torrent Power said that Maharashtra State Electricity Distribution Company (MSEDCL) has handed over Shil, Mumbra & Kalwa (SMK) sub-divisions under Thane Urban Circle, Maharashtra on 1 March 2020.

Infosys and IBM announced a global alliance to help enterprises accelerate their digital transformation journey using the IBM public cloud.

Man Industries (India) said that the company has received new export order of approx. Rs 450 crore. With this the total unexecuted order book of the company stands at approx. Rs 2,000 crore to be executed in 8 to 9 months.

NCC informed that the company has received one new order for Rs 85 crore (exclusive of GST) in the month of February, 2020, and during the month one order for Rs 1550 crore pertaining to NBCC, Nauroji Nagar, New Delhi has been reinstated after Delhi High Court Judgment. These orders pertain to Building Division and are received from a Central/State Government agencies and do not include any internal orders.

Ramco Industries said Crisil has reaffirmed its rating on the commercial paper programme of Ramco Industries Limited at 'A1+'. The rating continues to reflect an established position in the domestic asbestos cement (AC) roofing market and improving presence in the Sri Lankan market, and healthy revenue diversity through a presence in textiles, calcium silicate boards, and wind power segments.

Mahindra Lifespace Developers said Mahindra World City Developers, subsidiary of Mahindra Lifespace Developers has received approval of partial de-notification of notified area under Special Economic Zone.

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