The government hopes that the PLI schemes would provide 200,000-300,000 direct employment over five years, according to sources in the know.
Recently, Suzuki Motor Corp (SMC) in an investor presentation expressed strong intent to enter the electric vehicle (EV) space. This is part of a larger strategy the Hamamatsu-based firm has drawn up in developing electrification of technologies as it seeks to achieve carbon neutrality. The significance of this presentation is that it marked the first time that the Japanese carmaker spelt out its EV strategy with well-defined timelines. SMC plans to develop electrification technologies by 2025, fully implement them in products from the same year, and make a full-scale quantitative increase from 2030.
The Direct-to-Home service providers are cashing in on the confusion over the implementation the Conditional Access System in some areas of Delhi, Mumbai and Kolkata.
The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!
Hyundai got two stars for Grand i10 Nios and Kia got three stars for Seltos.
The biggest gainers in the Sensex pack were Sun Pharma, Bajaj Finance, Vedanta, Yes Bank, ICICI Bank, HDFC, Tata Motors, HCL Tech, IndusInd Bank and Axis Bank, rising up to 2.98 per cent.
Tata Docomo, the mobility and business services brand of Tata Teleservices, on Tuesday launched a mobile advertising application 'GET' that allows users to get free voice minutes for viewing ads on their handsets.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
A hatch back made by Volkswagen is the only safe car among best selling four wheeler.
Currently, TCS is India's second most valuable firm after Reliance Industries, which has a market cap of nearly Rs 12.9 trillion.
The BSE benchmark Sensex rose 192 points to end at 39,250 on Sunday as investors built up fresh positions in the special Muhurat trading session to mark the beginning of Hindu Samvat year 2076.
The company wants to amend it's application against the part to make the case stronger.
Results of some blue-chip companies exceeded expectations, providing additional thrust, traders said.
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.
However, compared to August, vehicle sales increased by 15.25 per cent on the back of discounts. Maruti led the market in offering heavy discounts and incentives for buyers and dealers, reports Arindam Majumder.
Travel insurance policies do not generally cover adventurous or sporting activities such as bungee jumping, paragliding, mountain climbing, or white water rafting, which fall under hazardous activities.
As the funnel of good-quality early-stage companies are built, mid-stage and growth capital always follows, says Fireside Ventures founder Kanwaljit Singh.
>Gadgets that make kitchen work easier and faster have gained momentum in the lockdown.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Only 36 per cent in Japan and 44 per cent in Germany were willing to use such vehicles.
Fund managers said investors remained positive on the pharma manufacturing activity in India, which further strengthened during the Covid-19 period, on account of restrictions imposed on pharma imports from China.
The government has initiated a process to define standards and guidelines for electric charging stations.
After the latest spike in crude oil prices, petrol prices could potentially go up to around Rs 90 a litre making a dent in the consumer's wallet. This, the analysts fear, will push the cost of vehicle ownership in the country, further reducing the demand potential for the industry.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
BSE Metal and Capital Goods indices plunged over 2% followed by counters like Consumer Durables, Auto, Banks and Realty, all falling down between 1-2%.
Food regulator has closed more than 15 files.
Cars running on air still on Tata Motors' radar
The $2.25-billion Godrej Group is considering leasing its flagship name to group companies for a royalty fee, a model similar to the one adopted by Tata Group, India's largest conglomerate.
Sun Pharma was the biggest loser among Sensex components, plunging 3.94 per cent, followed by Tata Steel falling 3.12 per cent.
Although residential sales faced a major set back in Q2, they made a comeback with help of pent up demand.
Smart positioning, continued communication and a global design language have played a big role, say experts
Korean consumer durables LG on Monday announced its entry into the Indian water purifier market and said it aims to be a major player in the category by offering a range of products across all segments of consumers.
Broader markets underperformed the benchmark indices with BSE Midcap and Smallcap indces slipping 0.8%-1.1%
Again would offer two variants of double-toned milk with almonds, cashews, dates; and strawberry, chocolate, jaggery - and two variants of double-toned yoghurt - alphonso mango; and carrot, orange, banana.
Committee set up by state govt considering reduction in rates
The expansion into smaller towns is coming at a time when the online retail space has not only seen consolidation but is actually looking to collaborate with physical stores. Abhineet Kumar reports.
'If you allow Walmart to operate in India, our manufacturing will finish completely.' 'What will happen to Narendra D Modi's dream then? There will be no Make in India.'
Infosys needs to be more innovative and disruptive with its product and services, keeping its focus on growth.
The laggards in the Sensex kitty were Vedanta, Tata Steel, M&M, HCL Tech, Bharti Airtel, Maruti Suzuki, L&T, Asian Paint and HDFC
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
