Amid a slowdown in car sales, Maruti Suzuki India on Saturday said it will foray into the light commercial vehicles segment, 30 years after an initial plan was shelved when the company started operations.
About 53 million homes in the country are yet to get electricity and many industries depend on diesel generation sets to meet their requirements.
Though the intent has been hailed as good for the economy, teething problems remain with a five-rate structure for various goods and services
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The catalyst is the run on emerging market equities, but many investors are just tired of waiting for India to get its act together.
Amitabh Chaudhry, who will now head the merged entity, will manage assets under management of about Rs 1.10 lakh crore and an employee base of 23,620 after the completion of the deal
The 50-share NSE Nifty gained 53.30 points or 0.61 per cent to 8,778.
In addition, he will have to move swiftly to control any damage that may have been caused to the bank's image and investor confidence due to the loan controversy
The stock fell by 24.5 per cent to its 52-week low level of Rs 111.25 in opening trade at the BSE.
Growth in cities has lagged villages as consumers troubled by persistently high inflation have cut spending in the past two years.
Piyush Goyal is leading a delegation to deliberate with Australia.
'The banking sector appears to be on course to recovery,' declares the RBI governor.
Bengaluru-based Creo offers an operating system that promises unique features and frequent updates.
According to the RBI's Financial Stability Report, the industry's gross bad-loan is at a 14-year high. As RBI's March 2017 deadline for banks to clean up soured credit looms closer, Shailajanand Mishra takes stock of just how bad the situation is.
Under Nikesh Arora's leadership, SoftBank has made several investments in India in a short span.
The Sensex closed higher by 170 points at 26,128 and the Nifty rose 59 points to end at 7,943.
Following up on Finance Minister Arun Jaitley's Budget announcement of creating an integrated oil company, India's biggest oil and gas producer ONGC may buy all of the government's 51.11 per cent stake in Hindustan Petroleum Corporation Ltd.
Nokia launches Nokia 7 Plus, 8 Sirocco series in India; relaunches Nokia 6 with new features.
Investors turn their attention to export-driven sectors.
As oil minister, he has overseen India's petroleum and natural gas needs. But now he also runs the environment ministry, where he has issued permits for 100 stalled projects in a month-long spree that has delighted industry but shocked green activists.
It also expects to get its REIT listed on the Singapore stock exchange next year.
HDFC Life has a balance between traditional policies and Ulips
According to Knight Frank Research, 1.07 million sq ft of office space was transacted in Q4 FY13, thus showing a fall of 11 per cent compared to the same quarter last year.
MFs continue to find it difficult to attract and retain long-term money from investors
Bharat Biotech started work on developing a vaccine against Zika way back in 2014.
Devangshu Datta predicts the good, the bad and the ugly of currency trends for the coming year.
'The best way to make an impact in this market is by focusing on three things: Unmet customer need, unarticulated customer need, and emerging customer need,' Metro's Arvind Mediratta tells Sangeeta Tanwar and Alokananda Chakraborty.
A high fashion event can teach you a thing or two about money matters! Intrigued? Then read on to find out more!
The challenge for BMW is to overtake Mercedes-Benz, which bounced back three years ago to become king of the hill.
Thousands of retail investors are reaping the benefits of the disruption that the latest technologies have brought to the equity market. Brokerage firms are aggressively investing in technologies such as artificial intelligence, machine learning, big data and analytics, social media, chatbots, virtual assistants and so on.
A first in 7 years, the combined institutional investor flow stands at Rs 69,000 crore in 2016-17
Maruti is trying to move up the segment by focusing on premium cars, SUVs and even trucks.
Maithripala Sirisena, Sri Lanka's president-elect, was a low-profile cabinet colleague of longtime president Mahinda Rajapaksa until he switched sides to become joint opposition candidate and emerge as the proverbial dark horse in the presidential polls.
India plans to launch trading of government bond futures within the next two months as part of efforts to deepen its financial markets, according to several sources involved in the discussions with the central bank.
Giants like Pepsi and Coke are fast losing shelf-space to healthier, functional options.
Tech major's shareholders will receive total dividend of Rs 15,474 crore in FY15
Traditionally FDs have been plain vanilla products but nowadays amid cut-throat competition, banks have modified these keeping in line with customers' requirements.
Markets across the globe gained after China Securities Regulator removed its four-day-old circuit-breaker system.
n the broader market, both the BSE Midcap and Smallcap indices, were up 1.2% and 0.7% each.
As debt piles up, Anil Ambani's ability to see the asset sale plan through will be crucial
Indian consumer durable market faces competition from Korean dealers.
