The European carmaker sold 11,516 cars in October 2019, registering a 63% growth over the same period last year.
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Last month, Suzuki cut full-year operating profit forecast by nearly 40 per cent to 200 billion yen,
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Overall, the company’s net loss widened to $1.16 billion in the quarter ended Sept 30, from $986 million a year earlier.
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The CCI declared its approval for the foreign investment in ANI Technologies, which operates the platform, and OLA Electric Mobility through a tweet.
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Two-wheelers and three-wheelers were expected to decline by 6-7 per cent this fiscal as compared with 2018-19 to around 25 million units.
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The discussions are at an advanced stage and likely to be closed in the next 10-15 days, the sources privy to the development said.
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On the BSE, the scrip jumped 15.10 per cent to Rs 170.30.
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The BMW X7 xDrive30d variant (diesel) is locally-produced while the BMW X7 xDrive40i (petrol) is a completely built-up unit (CBU).
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