Gaadi Waadi

As the nation-wide lockdown slowly recedes, carmakers in India are showing huge growth in monthly sales figures, although only a few manufacturers were able to record positive YoY growth. Sonalika International Tractors Ltd is one of them, recording a massive 71.66 per cent YoY growth in the commercial market space. In July 2020, the company was able to retail 8,219 tractor units in the Indian market, up from 4,788 units sold in July 2019, while overall sales (including exports) stood at 10,233 units. Surprisingly, despite such a massive YoY gain, Sonalika ITL has actually recorded negative growth in terms of monthly sales.

DT Next

In a virtual address inaugurating a conference `Science for Resilient Food, Nutrition and Livelihood: Contemporary Challenges’ Naidu said, “If we are to ensure food and nutrition security to millions, there is an imminent need to make agriculture more efficient, resilient, profitable and productive. Pre-harvest and post-harvest losses have to be minimised.” The conference was organised by the city-based M S Swaminathan Research Foundation (MSSRF).

Business Standard

Vice President M Venkaiah Naidu on Friday highlighted the need to constantly review the country’s food, agriculture and trade policies according to changing times.

He also called for reorienting agricultural priorities towards more nutrition-sensitive food.

Inaugurating the virtual consultation Science for Resilient Food, Nutrition and Livelihoods’ organised by the M S Swaminathan Foundation, Naidu drew attention towards impacts associated with poor diet quality and said that both undernutrition and obesity are significant risk factors for non-communicable diseases.

The Hindu Business Line

Mahindra & Mahindra on Friday posted a 97 per cent year-on-year drop in its consolidated net profit to ₹67.79 crore during the first quarter of this financial year, severely affected by the Covid-19 pandemic. It had posted a consolidated net profit of ₹2,259.74 crore in the year-ago period.