A diamond merchant from Surat has put a smile on his employees faces after he gifted them cars, homes and jewellery as Diwali bonus in a stunning act of generosity, Oprah-style.
Toyota's India unit will also source two cars manufactured by Maruti Suzuki, the Baleno and Brezza, including their hybrid variants, and in return Toyota will offer its Corolla sedan to Maruti.
Indians face COVID-19 with record debt, stalled income.
Corporate honchos from real estate sector to manufacturing to textile say the Budget does not have enough to help their sectors
According to the monthly sales figures released by the Society of Automobile Manufacturers on Wednesday, motorcycle sales in the domestic market during September declined 18.40 per cent to 5,48,816 units compared to 6,72,570 units in the same month last year.
Panagariya urged the government to undertake labour law reforms and make land acquisition more flexible to attract the multinationals.
Economic recovery is well under way in some advanced economies.
By applying new management tools to traditional hubs of manufacturing -- such as Tamil Nadu's leather trade -- local firms boost competitiveness and quality.
As a tech services company, Ola has never been in hardcore manufacturing. And unlike in ride hailing, which is a two-player market (Uber is the only other competitor), in two-wheelers it faces many entrenched players. But most of all, rivals say Ola's targets are out of sync with most, even ambitious, projections.
Muted global trend after a report that US President Donald Trump was preparing to impose more tariffs on China hurt trading sentiments.
After five years, we are still waiting for permission to sell our four-wheeler in the country: Rahul Bajaj.
The company's net sales rose about 12 per cent to Rs 1,465 crore (Rs 14.65 billion).
Combined net profit estimated to grow 14.6% year-on-year, against a 5.7% decline in the Dec 2015 quarter
The S&P BSE Sensex ended 46 points lower at 24,824 and Nifty50 settled at 7,555, down by 8 points after hitting intra-day high of 7,600.45.
On Tuesday, Petroleum Minister Dharmendra Pradhan met Russian oil giant Rosneft's chief executive officer Igor Sechin and discussed raising crude imports from that country, in addition to talks about going for more acquisitions.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
The rupee will be a key determinant for stock markets.
'Being one of the 150 million upper middle class consumers, I can vouch that the average expenses on white goods or clothing are minimal. Indians are not consumerist by nature,' says Colonel Anil A Athale (retd).
The market breadth, indicating the overall health of the market turned negative from positive
The 30-share Sensex was up 188 points at 28,415 and the 50-share Nifty was up 58 points at 8,584.
The ongoing elections and overall subdued market sentiment continue to affect the sales momentum
Markets climb higher tracking global cues.
The Sensex closed at 13,340, down 42 points. The Nifty lost 16 points to close at 3,816.
Motherson Sumi, Tata Steel, Jaguar Land Rover will face higher cost.
These sectors are seeing a marked slowdown, as consumers are postponing purchase decisions amid uncertainty and severe cash crunch, report Ram Prasad Sahu, Sheetal Agarwal & Ujjval Jauhari from Mumbai.
But will this dilute Bajaj's strong Indian identity that straddled the rural-urban markets and the Hindi-English divide quite easily?
The wider NSE Nifty touched a low of 10,652.40 before finishing at 10,671.40, showing a loss of 97.75 points, or 0.91 per cent.
Usually, a fall in oil prices is followed with a cut in retail prices of auto fuels and the government passes on the benefit to consumers. However, Morgan Stanley believes gains this time around will remain capped.
The car is expected to hit the road on October 23 and is being launched as Hyundai celebrates two decades in the country. Industry sources say that it will be priced at Rs 3,70,000 to stay competitive with its biggest competitors, Tata Tiago and Maruti Suzuki Celerio.
Auto firms have reported a good jump in sales for the month of December
"We are delighted to welcome Google as a strategic investor in Jio Platforms. We have signed a binding partnership and an investment agreement under which Google will invest Rs 33,737 crores for a 7.7 per cent stake in Jio Platforms," Mukesh Ambani said at the company's annual general meeting.
Jamna Pyari remains a mediocre effort that cannot fulfill viewer expectations in this festive season., says Paresh C Palicha.
Lineup includes a family compact car, hybrid, SUV and others.
India granted the MFN status to Pakistan in 1996
Cisco, a global major in networking for the Internet, is aggressively looking at the Indian automotive sector, as it opens up to exponential growth and challenges from global auto markets.
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