Page 9 - Eicher Motors

Eicher Motors rallies 5% on strong Royal Enfield sales numbers for December

Royal Enfield brand reported 43 per cent rise in month-on-month sales of 73,739 units in the month of December 2021.

Royal Enfield reports 19% decline in wholesales during November

Domestic sales fell, while exports rose

Royal Enfield starts local assembly unit, CKD facility in Thailand

With this, Royal Enfield now has three local CKD units, in addition to the three manufacturing facilities in Chennai

Eicher Motors Q2 consolidated net profit rises 9% at Rs 373 crore

Total revenue from operations during the quarter stood at Rs 2,249.56 crore as against Rs 2,133.6 crore in the year-ago period

Stocks to Watch: SBI, Airtel, SpiceJet, Trent, Mtar, Pfizer, HPCL, Bata

SBI and other banking shares, along with stocks of companies to report earnings today will be in focus

Siddhartha Lal's reappointment as Eicher Motors MD gets shareholders' nod

The proposal for reappointment was cleared with almost 93.8 per cent of the total 226 million votes casted going in favour of the resolution

Eicher shareholders approve proposal to re-appoint Siddhartha Lal as MD

Eicher Motor shareholders have approved a proposal to re-appoint Siddhartha Lal as the company's managing director for a period of five years with effect from May 1 this year

Explained: Why shareholders are angry at promoter-directors' remuneration

Most experts feel the weakest link in bridging the remuneration gap between promoter-directors and professional directors is the NRC

Eicher Motors may underperform auto peers in the near term

Response to new model below expectations, higher prices may dent volumes

Riding on robust sales, iconic Royal Enfield hits the global road

After facing shareholder heat last month, how has Lal's gamble to take the brand international fared?

Pick up in economic activities boosts freight rates, CV sales in August

For the first time since Covid outbreak, revenue of the operators is outpacing income and prompting them not only to replace older trucks but also expand fleet

VE Commercial Vehicles posts nearly 2-fold jump in August sales

VE Commercial Vehicles Ltd, a joint venture between Volvo Group and Eicher Motors, on Wednesday reported a nearly two-fold jump in total sales at 4,793 units in August 2021. The company had sold a total of 2,477 units in the same month last year, VE Commercial Vehicles Ltd (VECV) said in a statement. Sales of Eicher branded trucks and buses were at 4,667 units last month as compared to 2,440 units in August 2020, a growth of 91.3 per cent, it added. In the domestic market, Eicher brand of CVs clocked sales of 3,864 units as against 2,190 units in the year-ago month, up 76.4 per cent. Exports of Eicher branded trucks and buses stood at 803 units last month as compared to 250 units in August 2020. Volvo trucks and Volvo buses recorded sales of 126 units in August 2021 as against 37 units in the corresponding month last year, the company said.

Stocks to watch: Aptus Value, Chemplast, Maruti, Eicher Motors, Canara Bank

The Board of Eicher Motors decided to unanimously reappoint Siddhartha Lal as managing director (MD) with a revised remuneration package

Eicher Motors re-appoints Enfield's turnaround man Siddhartha Lal as MD

The company said the primary concern of the investors was not Lal's reappointment or the proposed compensation

Top headlines: FM gives Sept 15 deadline to Infy; Eicher re-appoints Lal

Business Standard brings you the top stories this evening

Eicher Motors re-appoints Siddhartha Lal as MD, revises pay structure

Board clarified that the pay hike for MD is in line with average employee's 9.7%; revised remuneration structure, with a maximum cap at 1.5 per cent of profits

Siddhartha Lal, voted down by Eicher shareholders, gets Enfield staff backing

While extending support on the re-appointment, Sampath, vice-president, Royal Enfield Employees Union, was critical of the way employees unions are treated

The rumble over CEO pay

Eicher Motors board must resolve the crisis quickly

Ex-TV scribe, legal hawk part of panel which fixes Siddhartha Lal's pay

Eicher's Lal earns 300 times more than median for an Eicher employee

Eicher Board to meet over MD's salary as shareholders reject re-appointment

Siddharth Lal's total salary increased from Rs 9.2 crore in 2016-17 to Rs 21.12 crore in 2020-21, a jump of about 130 per cent.