Escorts: The company’s unit Escorts Agri Machinery will increase the prices of its tractors effective 1 July, it said in a regulatory filing. Standard Life (Mauritius Holdings) 2006 Ltd currently owns an 8.88% stake in the life insurance company. The consolidated income of the company increased to ₹2,874.47 crore, compared to ₹2,042.27 crore in the year-ago period. The company had posted a consolidated profit of ₹498.12 crore in the year-ago period, NLC India said in a filing to BSE. The transfer includes Welspun Steel’s 50.3% stake in Welspun Specialty Solution Ltd.
Source: Mint June 29, 2021 02:48 UTC