Magzter GOLD ile Sınırsız Olun
Sadece 9.000'den fazla dergi, gazete ve Premium hikayeye sınırsız erişim elde edin
Denemek ALTIN - Özgür
Trump tariffs could cost 3% of annual revenue: Sona Comstar
Mint New Delhi
|May 01, 2025
Auto components maker Sona Comstar said on Wednesday that it can lose about 3% of its annual revenue due to business loss from the impact of Trump tariffs, becoming perhaps the first Indian company to quantify the loss from the sweeping import taxes levied by the US president.
Vivek Vikram Singh, managing director (MD) and group chief executive officer (CEO) of the Gurugram-based company, revealed the estimated loss from Trump tariffs in the January-March earnings call.
"There is risk of losing some business from tariffs, as customers might look to localize some parts. There is going to be impact on the overall demand as well, but there will be clarity on it in the coming months," Singh said during the call.
Bu hikaye Mint New Delhi dergisinin May 01, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Mint New Delhi'den DAHA FAZLA HİKAYE
Mint New Delhi
US energy giants eye India LNG network
US energy giants Exxon-Mobil Corp. and Chevron Corp. are eying entry into India's LNG infrastructure business, including terminals and pipelines, said two people in the know, even as the two nations look to thrash out differences over New Delhi's Russian oil imports.
3 mins
October 01, 2025
Mint New Delhi
Will Tata Steel's Dutch pact help cut its emissions?
Tata Steel signed a pact with the Netherlands government on Monday to receive up to €2 billion aid to cut emissions at its Dutch facility.
2 mins
October 01, 2025
Mint New Delhi
Oil giant IOC eyes green shift
Indian Oil Corp. Ltd (IOC) is navigating choppy waters as nearterm business conditions remain uncertain amid oil price volatility, tariffs, exchange rate weakness, and geopolitical disturbances.
2 mins
October 01, 2025
Mint New Delhi
April-August fiscal gap rises to ₹5.98 tn
India's fiscal deficit rose in the first five months of 2025-26, as compared with the same period last year, due to higher government capital expenditure while net tax revenue declined.
2 mins
October 01, 2025
Mint New Delhi
TaMo aims to drive down Iveco costs, open new roads
Analysts questioned the rationale of buying the Italian firm that was facing growth hurdles
2 mins
October 01, 2025
Mint New Delhi
Nestlé India inks MoU with govt to push food sector investment
FMCG major Nestlé India on Tuesday said it has signed a memorandum of understanding (MoU) with the government to expedite investments in the food industry.
1 min
October 01, 2025
Mint New Delhi
Reits revolution: own a slice of malls, offices with just ₹500
Think mutual funds, but for real estate. That's how Pratik Dantara, executive committee member of the Indian Reits Association, explains Real Estate Investment Trusts (Reits)-a growing investment avenue giving retail investors exposure to office parks, malls, and other commercial properties.
2 mins
October 01, 2025
Mint New Delhi
How Indians get a passport to global markets via GIFT
Global access GIFT City outbound funds offer international exposure
2 mins
October 01, 2025
Mint New Delhi
Poonawalla eyes RCB at $1-1.2 bn valuation
Adar Poonawalla, owner of the vaccine maker Serum Institute, is evaluating a deal to buy the Indian Premier League team Royal Challengers Bengaluru at a valuation of up to $1-1.2 billion, a person directly aware of the development said.
1 mins
October 01, 2025
Mint New Delhi
Demand for offices stays strong: C&W
Net leasing of office spaces increased 35% across eight major cities during the JulySeptember period to 16.25 million sq. ft on better demand from domestic and overseas companies, according to Cushman & Wakefield (C&W).
1 min
October 01, 2025
Listen
Translate
Change font size