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Amid COVID-19 lockdown, the company introduced free ‘Live Classes’ on its platform in March 2020. As a result, the platform witnessed a 150% increase in the number of new students learning on its app.
Coromandel reduced products MRP to 25,000 per MT from 29,500 per MT. This is due to reduction in raw material cost.
Cera’s Management believes that the company will see revival in sales with the economy coming out of slowdown. Company expects incremental 10-15% market share in faucetware business.
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Bajaj Auto is exploring more and more export opportunities. Egypt is a good market for them but the sales are slow at present because of regulatory environment. When the rules get simpler and license can be easily received for three wheelers, their export to Egypt will see a rise. Due to large available opportunity, Bajaj Auto wants to earn more from exports. W.r.t. R&D Bajaj Auto is working on Electric Vehicles. BAL is planning to launch E-Scooter Urbanite in FY20.
HDFC Life is among the top 3 private life insurance companies in India. The company continues to consolidate its stronghold across various segments of policies issued in a year.
Introduction of the Industry India is the world’s 2nd largest producer of Tobacco with an…