TVS Motor Company registers sales grow by 33 pct in February
Automobile major TVS Motor Company recorded monthly sales of 368,424 units in February 2024 with a growth of 33% as against 276,150 units in February 2023.
Finance
Mahindra Auto sells 42,401 SUVs in February 2024, sales up 40 pct
Auto major Mahindra & Mahindra Ltd. (M&M Ltd.) on Friday announced that its overall auto sales for the month of February 2024 stood at 72,923 vehicles, a growth of 24%, including exports.
Paytm and PPBL agree to discontinue various inter-company agreement
Within days of reconstituting the Board of Directors, One 97 Communications Ltd (Paytm) on Friday said that the Company and its associate entity, Paytm Payments Bank Limited (PPBL), have introduced additional measures to strengthen their approach towards independent operations of PPBL.
GST Revenue collection at Rs 1,68,337 cr in Feb 2024
The government said on Friday that the GST collection in the month of February stood at Rs 1,68,337 crore, marking a robust growth of 12.5 percent over the same month last year.
Sensex closes at lifetime high figure of 73745.35
The BSE Sensex on Friday zoomed 1245.05 points to close all time high at 73745.35, getting strong signals from the US market and good Q3 GDP data.
Samsung Semiconductor India Research opens 2nd facility in Bengaluru
Bengaluru: Samsung Semiconductor India Research (SSIR) Thursday announced the opening of its new R&D facility in Karnataka's capital Bengaluru.
Mahindra Logistics to start operation of fulfillment centre meant for grocery & e-commerce in West Bengal's Malda
Kolkata: Mahindra Logistics Ltd will commence operations of a 1.1 lakh sq. ft. fulfillment centre in West Bengal's Malda dedicated to handling fulfillment and last-mile deliveries, the company said on Thursday.
India grows by 8.4% in Oct-Dec quarter defying expectations
New Delhi: India's economy surged by 8.4% in the quarter ending in December, surpassing expectations, driven by strong expansion in manufacturing and construction sectors.
CIL & BHEL to sign JVA to set up ammonium nitrate plant
New Delhi: Coal India Limited (CIL) and Bharat Heavy Electricals Limited (BHEL) formally signed a joint venture agreement (JVA) on Wednesday in Delhi for setting up an ammonium nitrate plant through the surface coal gasification (SCG) technology route.
Baskin Robbins to open 1000th store by 2024 in India and SAARC region
Mumbai: Graviss Foods Pvt Ltd which owns Baskin Robbins brand of ice cream is set to open its 1000th ice cream store in India and the SAARC region in 2024.
RBI revises norms related to Regulatory Sandbox scheme
Mumbai: The Reserve Bank of India Wednesday made some adjustments to the guidelines for the Regulatory Sandbox (RS) program.
India calls for restoration of Appellate Body and Dispute Settlement Reforms at WTO Ministerial Conference
Abu Dhabi: India has emphatically called for the restoration of the Appellate Body as the top-most priority of any reform process, along for the effective formalisation of the ongoing informal dispute settlement reform discussions among some members at the WTO.
Q3FY24 GDP to drop to 6.7-6.9% due to poor agri performance
Mumbai: The Indian economy is expected to grow by 6.7-6.9 percent in the December quarter of FY24, down from the 7.6 percent growth recorded in the second quarter, according to a report by SBI Research released on Wednesday.
RIL announces 70,352 cr JV with Walt Disney
Mumbai: Reliance Industries, led by Mukesh Ambani, and Walt Disney announced on Wednesday the finalisation of binding agreements to establish a joint venture merging the operations of Viacom18 and Star India, media reports said.
Sri Lankan beverage brand Elephant House partners with Reliance Consumer to enter Indian market
Mumbai: The Sri Lankan beverage brand Elephant House has entered into a partnership with Reliance Consumer Products, the FMCG division of Reliance Retail Ventures, to produce, promote, distribute, and retail its beverages throughout India.
Sensex crashes 790.34 points as market closes for today
The BSE Sensex on Wednesday tanked 790.34 pts to settle at 72304.88 as heavy selling was seen in Utilities, Power, Oil and Gas and BSE services stocks amid mixed global cues.
Sony to layoff 900 PlayStation employees, shut London studio
Electronics major Sony on Tuesday announced the company will lay off 900 employees in its PlayStation division.
Volvo Car India announces changes in its management team
Kolkata: Volvo Car India has undergone a strategic talent initiative with the realignment of its management team and critical roles in the organization structure over the past few months.
SJVN Ltd commissions its 100 MW Raghanesda Solar Power Station in Gujarat
New Delhi: SJVN Ltd, formerly known as Satluj Jal Vidyut Nigam, has commissioned its 100 MW Raghanesda Solar Power Station located in the district of Banaskatha, Gujarat.
Govt lauds industry; to push innovations, investments, reforms in new sectors: FM
New Delhi: Lauding the role of industry in achieving the goal of 'Viksit Bharat' by 2047, Union Finance Minister Nirmala Sitharaman on Tuesday said the government will push more with innovations, investments and policy reforms in the years to come.
Govt sanctions Rs 5469 cr for construction, widening, upgradation of highways
New Delhi: The government said on Tuesday that it has sanctioned over Rs 5,469 crore for the construction, upgrade and widening of highways in different states of the country.
Adani Defence & Aerospace to invest Rs 3000 cr in its Kanpur missile and ammunition complex
Kanpur (UP): Adani Defence & Aerospace has announced plans to invest over Rs 3,000 crore in its new ammunition and missile complexes in Kanpur by 2027, Chief Executive Officer Ashish Rajvanshi, media reported.
Vodafone Idea to raise Rs 20,000 cr via equity
Mumbai: Vodafone Idea Ltd is poised to raise Rs 20,000 crore through a combination of equity and equity-linked instruments following approval from the company's board, media reports said.
Sensex jumps up 305.09 pts as market closes
The BSE Sensex on Tuesday rallied 305.08 points to close at 73095.22 on the strength of Realty, Technology, and Capital Goods stocks despite weak global cues.
Zerodha cofounder Nithin Kamath suffered stroke six weeks ago, wishes pour in from Kiran Mazumdar-Shaw, others
Brokerage firm Zerodha cofounder Nithin Kamath has revealed on his social media handle that six weeks ago he suffered a mild stroke.
Vijay Shekhar Sharma steps down from Paytm payments bank board amid crisis
Paytm Monday informed that Vijay Shekhar Sharma would step down as non-executive chairman and board member of its payments bank's unit.
Dynamic asset allocation: Adapting your mutual fund strategy to market changes
In any form of investment you do, staying agile and responsive to market shifts is required to get promising returns. One such strategy gaining prominence is dynamic asset allocation. This approach allows investors to adjust their mutual fund investments according to changing market conditions, aiming to optimise returns while managing risk. Read on to know the various aspects of dynamic asset allocation, its benefits, and important considerations.
Sensex down over 100 points as market opens
The BSE Sensex on Monday slipped 155.10 points to 72,987.70 in the opening session as selling was witnessed in metal, oil and gas, and technology stocks.
ZEEL says 'rumours' hurting it, forms Advisory Committee to tackle it
New Delhi/Mumbai: Broadcasting company Zee Entertainment on Friday said it has constituted an Advisory Committee, headed by a former Judge of Allahabad High Court, to tackle "widespread circulation of misinformation, market rumours and speculation" which have led to "erosion of investor wealth" of the firm.
Mahindra expands premium Z8 range with the introduction of New ‘Scorpio-N Z8 Select’ variant
Auto major Mahindra & Mahindra recently launched the ‘Scorpio-N Z8 Select’ variant, a significant addition to its acclaimed Scorpio-N Z8 premium range.