Morning Watch:Maruti Suzuki Sales Drop in Nov, Bharti Airtel To Buy Dish TV & More

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Morning Watch:Maruti Suzuki Sales Drop in Nov, Bharti Airtel To Buy Dish TV & More
Credit: © Reuters.

By Malvika Gurung

Investing.com -- The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50 , was found trading 0.16% lower, indicating the Indian market to start at a negative note on Thursday, while the Dow Jones Futures was trading 0.7% higher.

Maruti Suzuki (NS: MRTI ): The largest automaker in the country made a total sales of 1,45,560 units in November 2021, compared to analysts expectation of 1.44 lakh units, while 3.2% lesser compared to the November 2020 figure of 1.5 lakh units.

Tata Motors (NS: TAMO ): The homegrown automaker reported outstanding sales figures of 62,192 units in November 2021, surging by 21% on a YoY basis. Tata Motors’ electric cars range recorded a four-fold sales growth to 1,751 units in Nov 2021, compared to 413 units sold in the same period last year.

Eicher Motors (NS: EICH ): Domestic sales of Eicher trucks & buses rose by 3.5% to 3,184 units, while total exports surged 65.5% to 783 units on a YoY basis in Nov 2021. 

Coal India (NS: COAL ): The state-owned coal mining company’s production rose by 4% on a YoY basis to 53.8 million tonnes for November 2021, compared to 51.7 million tonnes produced in the same period last year.

Infosys (NS: INFY ): The IT major announced extending its strategic collaboration with the leading digital services and communications solutions provider of Belgium, Proximus to ‘digitally transform, develop and maintain their IT applications with leading AI and automation solutions.’

Bharti Airtel (NS: BRTI ): The telecom major is in early talks to acquire a majority stake in Dish TV India (NS: DSTV ) Ltd. This deal would allow the telco to access half of the country’s satellite television business.

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