General Motors India on Monday unveiled Sports Utility Vehicle Chevrolet Forester and said it would invest Rs 1600 crore (Rs 16 billion) in the next two years to upgrade its facility here.
The deal is estimated to be worth Rs 12,000 crore.
Venkataraman Krishnamurthy, who is considered as the turnaround man of several Indian corporate houses like BHEL, Maruti Udyog, SAIL and Gail (India), passed away on Sunday at the age of 97. Krishnamurthy is considered as "the father of public sector undertakings in India" by many in India Inc. Born in the temple town of Tamil Nadu's Karuveli, he started his career as an airfield technician during the Second World War.
Exports of 'Made-in-India' vehicles have touched Rs 2,928 crore (Rs 29.28 billion) during April-October 2003 after growing by 32.4 per cent in value terms during 2002-03 to Rs 3,396 crore (Rs 33.96 billion).
Equity benchmarks Sensex and Nifty on Friday spurted by nearly 2 per cent, propelled by heavy buying in IT, metal and financial stocks amid a rally in global markets after lower-than-expected US inflation data. A strong rupee against the US dollar and unabated foreign capital inflows further bolstered sentiment, traders said. Easing US inflation triggered speculation that the US Federal Reserve might slow down the pace of interest rate hikes.
Benchmark stock indices Sensex and Nifty rebounded from early lows to close over 1 per cent higher on Tuesday, helped by heavy buying in index heavyweight Reliance Industries, Infosys and TCS amid gains in global equities. The 30-share BSE Sensex closed up by 696.81 points or 1.22 per cent at 57,989.30. It touched a high of 58,052.87 and a low of 56,930.30 in intra-day trade.
Its association with India is over 70 years old and spans both civil and military aviation. The Douglas DC-3 transport aircraft used by the air force beginning the 1940s and the iconic Boeing 747 aircraft flown by Air India, both had Pratt & Whitney (P&W) engines. The Indian Air Force's present-day, heavy-lift C-17 Globemaster III and the yet-to-be-inducted C-295 planes, too, have P&W power plants.
All nine Adani stocks saw a rise in their share price in H1FY23, ranging from 6.1% in case of Adani Ports to 102% in case of Adani Power.
Spurring the economy, currently in the throes of a slowdown, remains the prime focus for most ministries, but the government is also looking to make women's welfare and environmental protection key to policymaking in this term.
This was Kuwait's second win of the tournament after they beat Nepal 3-1 in their first Group A match.
Equity benchmarks snapped their six-session rally to close marginally lower on Thursday amid profit booking in banking and energy counters. Investors also stayed on the sidelines ahead of the RBI's policy meet outcome on Friday. In choppy trade, the 30-share BSE Sensex ended 51.73 points or 0.09 per cent lower at 58,298.80. During the day, it hit a low of 57,577.05 and a high of 58,712.66.
Today, Anirudh Ravichander's name on a film's poster is enough to pull in audiences, notes Arjun Menon.
The government is targetting to push up growth of the manufacturing sector to 11 per cent from 6.5 per cent at present over the next five years, a top official said on Friday.
'People go through lifetimes without speaking about what they've gone through as kids.' 'And that colours their entire lives, their choices, their bosses, their friends, their lovers, the way they are with their children.'
Suzuki Motor Corporation is believed to have promised to submit the business plan for joint venture Maruti Udyog by the month-end to enable the government to proceed with its proposed public offer.
Macron held a tete-a-tete with Modi before the delegation-level talks at the Elysee Palace - the official residence of the French president.
The quality of Indian tea had lately come under scrutiny in major export markets, due to the presence of pesticides and chemicals beyond permissible limits.
In India, over 13.25 lakh cars have been recalled by various auto companies so far.
