Volvo Cars net profit falls but says demand strong
The company, which is owned by Chinese auto giant Geely, said its after-tax profit fell 10 percent to 3.6 billion kronor ($333 million).
The company, which is owned by Chinese auto giant Geely, said its after-tax profit fell 10 percent to 3.6 billion kronor ($333 million).
These ssLNG contracts, initially launched at Dahej and Hazira LNG terminals, will cater to industries and City Gas Distribution (CGD) companies that lack access to pipeline networks.
The growth estimates for the current fiscal is lower than 7.6 per cent estimated GDP expansion in 2022-23 fiscal. Strong investment drove GDP growth in the 2022-23 fiscal as consumption was muted, ADB said.
A total of 24.16 million metric tons of the super-chilled fuel landed in Asia in March, up from February's 22.73 million and also up 11.5% from the 21.67 million in March 2023, according to data compiled by commodity analysts Kpler.
Engineering companies in India have been benefitting from the government's push on infrastructure, clean energy and indigenisation through increased capex and production-linked incentive schemes.
Revenue from operations in the quarter under review was at Rs 3,979.83 crore as compared to Rs 3,538.5 crore in the year-ago period.
Price cuts would typically draw higher demand, but some of the multiple sources said refineries had already completed purchases for February-loading cargoes and planned their production runs, leaving little room to lift more Saudi oil.
There was reduction in coal imports due to ample domestic supply and a slowdown in demand after the festive season in October, mjunction MD and CEO Vinaya Varma said.
October onwards planned shutdowns have increased with the average planned outage for the month at 10,189 MW followed by 8,928 MW till November 21
More than 17,000 units of electric vehicle (EV) chargers were sold in 2021, the joint report of Customized Energy Solutions(CES) and India Energy Storage Alliance (IESA) said.
The strong long-term expansion of electricity demand will support power production growth, ensuring that power consumption demands are met.