financial year

Mercedes-Benz India reports best-ever retail sales in FY24

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German luxury carmaker Mercedes-Benz on Thursday reported its highest-ever retail sales in a financial year in India in 2023-24, driven by strong demand for its SUV range. The company sold 18,123 units last fiscal, a growth of 10 per cent over 16,497 units in the 2022-23 fiscal. “We achieved the best-ever month, highest-ever quarter and … Read more

New India Assurance: In FY24, New India Assurance achieved about $5 billion global premium: CMD

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Neerja Kapur, Chairman-cum Managing Director, New India Assurance, reported a global written premium target of Rs 42,000 crore, with unaudited figures showing a total of Rs 41,860 crore for the financial year. The final figures depend on the trial balance and balance sheets. This translates to a $5 billion global premium. When asked about the … Read more