Gulf Oil net rises 17%

: Hinduja group company Gulf Oil today reported 17 per cent rise in net income at Rs 40.13 crore for the June quarter on a revenue of Rs 390.36 crore that clipped at 39.4 per cent.

The lubricant maker said its diesel engine oils volume
grew 25 per cent while motorcycle engine oil and passenger car lubricants clipped past 30 per cent, the company said. ************* Bajaj Auto appoints Soumen Ray as joint finance head *
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