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Monday, March 2, 2015

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Petrol, diesel prices hiked by Rs3.18 and Rs3.09 per litre
Petrol and diesel prices are hiked by Rs3.18 and Rs3.09 per litre respectively for petrol and diesel. Oil marketing companies has also hiked price of Jet fuel price hiked by 8.2% while the rates of non-subsidized LPG was increased by Rs5 per cylinder on firming international oil rates. Positive for BPCL,HPCL,IOC

JBM Auto secures order for 200 buses
JBM Auto announced that the Bus division of the Company has received orders for 200 Buses. The orders constitute buses for City, Staff, School, and Tarmac applications. The Company shall start the production of the buses this month i.e. March, 2015 onwards.        
                                                                                              Jet Airways, SpiceJet fall on hike in ATF prices
Shares of airline companies dropped 4-5% lower in early trades after oil marketing companies raised price of aviation turbine fuel by 8.2%, the first such hike since last July. In Delhi, the price of aviation turbine fuel was raised to Rs50,363 per kilolitre from Rs46,513 per kilolitre effective from Saturday midnight. Aviation turbine fuel accounts for about 40% of the airline's operating expenses.

Atul Auto registers sales of 3,402 vehicles in Feb 2015
Atul Auto reported sale of 3,402 no. of vehicles in February 2015 compared to 3,105 vehicles in February 2014, registering a growth rate of 9.57%.Total sales for the period April 2014 to February 2015 stood at 38,376 no. of vehicles compared to 34,343 vehicles in the corresponding period of the previous year, an increase of 11.74%.

Dr. Datsons inks deal with Yemen's to sell its drugs
Dr.Datsons Labs and AL-MUGDH PHARMA of Yemen have signed a licensing, distribution and supply deal, under which the distribution company will market Anti-Malaria Drugs. The estimated order for the Yemen is to the tune of Rs80 crore.

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