Tata Motors subsidiary Jaguar Land Rover (JLR) reported 4.9% fall in total retail sales to 36,629 vehicles in August 2018 over August 2017. Jaguar retail sales were 11,802 vehicles in August, up 7.7% year on year, driven by the introduction of the E-PACE and I-PACE, as well as XE long wheelbase sales in China. Land Rover retailed 24,827 vehicles in August, down 9.9% compared to August 2017 as increased sales of the Velar and the refreshed Range Rover were offset by the impact of the lower sales in China on Range Rover Evoque and Discovery Sport in particular. The announcement was made after market hours on Friday, 7 September 2018.
Reliance Capital received Certificate of Registration from the Reserve Bank of India as Core Investment Company - Non-Deposit Taking Systemically Important Institution. The announcement was made after market hours on Friday, 7 September 2018.
RITES has secured an additional work of Rs 294.67 crore from Ministry of Railways for doubling of Dharmavaram Penukunda rail lines (41.5 Kms) in South Western Railways. Earlier, RITES was awarded doubling work for 90.2 Kms of Dharmavaram Penukunda rail lines in South Central Railways for a cost of Rs 666.38 Crores from Ministry of Railways. The work has been awarded to RITES on cost plus basis in which RITES will be paid fee at the rate of 8.5% of the cost of work. The announcement was made after market hours on Friday, 7 September 2018.
Thyrocare Technologies approved buyback of upto 8.63 lakh shares at a price not exceeding Rs 730 per share from the open market through the stock exchange route. The buyback size is 14.97% of the aggregate paid-up share capital and free reserves. The announcement was made after market hours on Friday, 7 September 2018.
Omax Autos board has approved the proposal for establishing a new manufacturing unit at suitable location in Uttar Pradesh, for manufacturing products and equipment supplied to Railways. The announcement was made after market hours on Friday, 7 September 2018.
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