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TVS Motor Q4 results: Consolidated net profit dips 43% to Rs 82 cr; total income falls 17% to Rs 4,129 cr
•TVS Motor Company on Thursday reported a 43.3 percent decline in its consolidated net profit to Rs 81.85 crore for the fourth quarter ended on 31 March, 2020
COVID-19 Impact: TVS Motor Company cuts staff salaries by up to 20% for six months as sales plummet
Fp Staff •TVS Motor Company has decided to reduce salaries at executive level, barring entry-level workmen, from May till October this year.
Stimulus package will bring in much needed relief to stressed sectors: TVS Motor Co chairman Venu Srinivasan
•TVS Motor Company Chairman and noted industrialist Venu Srinivasan on Wednesday said the government's financial package of Rs 20 lakh crore to revive the economy would bring in much needed relief to several stressed sectors and industries
Auto stocks slump nearly 12% as lockdown-hit automakers score nil domestic sales in April; Index drops over 6%
Fp Staff •Auto stocks on Monday plunged nearly 12 percent after top carmakers, including Maruti Suzuki reported zero monthly domestic sales for the first time ever in April after the nationwide lockdown halted output and shut sales network
TVS Motor shares zoom over 7% after company acquires Britain's iconic bike maker Norton Motorcycles
•Shares of TVS Motor Company on Monday jumped over 7 percent after the company said it has acquired Britain's iconic bike manufacturer Norton Motorcycles for GBP 16 million (around Rs 153 crore)
Coronavirus Outbreak: TVS Motor Company's vehicle sales drop by 55% in March to 1,44,739 units
•TVS Motor Company on Thursday reported a 55.5 percent decline in total sales in March at 1,44,739 units
Coronavirus Outbreak: TVS Motor Group companies pledge Rs 25 crore to PM's Relief Fund
•TVS Motor Company and its Group Companies TVS Credit Services Ltd., Sundaram-Clayton Ltd., and others on Monday announced their commitment to donate Rs 25 crore to the PM's Relief Fund (PM-CARES) to aid the battle against COVID-19
TVS Motor, Sundaram-Clayton allocate Rs 30 cr to combat COVID-19; to manufacture, supply supportive equipment
•The funding will come through Srinivasan Services Trust, the social arm of TVS Motor Company and Sundaram-Clayton Ltd.
Coronavirus impact: TVS Motor suspends production at all pants for two days to safeguard employees
•TVS Motor Company would take further steps after reviewing the situation, it added.
TVS Racing announces entry into Asia Road Racing Championship, set to become first Indian manufacturer to do so
•TVS Racing, the factory racing team of TVS Motor Company on Tuesday announced its participation in the Asia Road Racing Championship this season.