Leading automakers Maruti Suzuki, Hyundai and Tata Motors reported decline in wholesales in August as the companies curtailed vehicle dispatches amid drop in demand and to cut inventories at dealer level. Market leader Maruti Suzuki India said its total domestic passenger vehicle wholesales were at 143,075 units last month as compared to 156,114 units in the year-ago month, registering a dip of 8 per cent. Sales of mini segment cars, comprising Alto and S-Presso, declined to 10,648 units last month as against 12,209 units a year ago.
Prime Minister Narendra Modi is set to hit the poll campaign trail in support of his party candidates on Saturday by addressing a mega rally in Jammu and Kashmir's Doda district, amid tight security arrangements.
rediffGURU Patrick Dsouza, founder of Patrick100 offers advice on how to optimise your preparation for CAT 2025.
A Rs 525-crore contingency provision during the July-September period led to a 19 per cent fall in IndusInd Bank's share price on Friday (October 25). Contingency provisions are generally made when a lender expects more bad loans in the coming quarters. Shares of the bank on Tuesday (October 29) declined 1.53 per cent to settle at Rs 1,038.2 apiece on the BSE.
...But sales of domestic passenger vehicles dropped 2% to 3% year-on-year in August owing to low demand.
Guardiola optimistic of De Bruyne's quick return
'Food inflation is important and if that is controlled, then consumption will go up.'
The Bharatiya Janata Party-led National Democratic Alliance government will implement 'one nation, one election' within its current tenure, sources said, exuding confidence that the reform measure would receive support across party lines.
Term life insurance policies, and senior citizens' health insurance premium are likely to be exempted from GST as most members of a state ministerial panel favoured cutting taxes to benefit the common man, an official said on Saturday. The GoM to decide on GST on health and life insurance premiums in its meeting on Saturday decided to exempt GST on premiums paid by individuals, other than senior citizens, for health insurance with coverage of up to Rs 5 lakh. However, 18 per cent GST will continue to be levied for health insurance cover of over Rs 5 lakh.
With the Reserve Bank of India's (RBI's) draft reconstruction scheme for the troubled lender suggesting a permanent write-down of these bonds outstanding as of March 5, bondholders who have invested RS 10,800 crores are up in arms, reports Hamsini Karthik.
Harmeet Singh, who played Under-19 cricket for India, slammed 33 not out to guide USA to a five-wicket win over Bangladesh in a T20I World Cup warmup on Tuesday.
Players from lower-ranked nations have limited opportunities to learn from competing with top-tier teams but franchise cricket has helped them develop their skills by rubbing shoulders with elite cricketers, Zimbabwe's T20 skipper Sikandar Raza has said.
The Group of Ministers (GoM) on goods and services tax (GST) rate rationalisation, which convened in Goa on Wednesday, reviewed the GST rates for over 100 items, including textiles, handloom goods, agricultural products, fertilisers, and educational materials. However, no consensus was reached on any of the items, with further discussions scheduled for next month in Delhi.
Management commentary on demand environment, and forward guidance will be in focus when Indian IT services players declare their September quarter results for financial year 2024-25 (Q2FY25). The industry is exepected to have continued on the path of recovery in Q2, similar to the preceding quarter, rather than sprint towards growth. The top four firms likely grew between 0 per cent and 4 per cent year-on-year (Y-o-Y), according to consensus estimates.
'It is the responsibility of industry to take the very bright talent whose knowledge of software engineering basics is very high, and then give them additional skills.'
'When it is unpaid, sometimes, they don't take you seriously.' 'Work is not reviewed, and there is no effort in making interns learn.'
They continue to outdo themselves on the red carpet!
In 2019, an all-party meeting was held in Delhi and it was attended by 19 political parties to discuss critical reforms in governance. One of the subjects of the discussions was simultaneous elections
The favourites to replace Erik ten Hag, who was sacked as Manchester United manager on Monday.
'India has undeniably become the GCC capital of the world.'
'Volumes in F&O trading had gone up rapidly and, in a way, the increase in STT on F&O will protect investor interest.'
Political parties and leaders wait with bated breath for the Haryana and Jammu-Kashmir assembly poll results on Tuesday.
The best way to achieve financial security isn't by cutting out every vada pav or limiting yourself to home-cooked meals; it's by making yourself indispensable at work, says Vatsal Ramaiya.
Tech giant Apple's highly anticipated "It's Glowtime" event is set to make waves on Monday, unveiling the new iPhone 16 along with other exciting updates.
As the auction approaches, here are the 10 wicketkeeper-batters who are poised to attract significant attention making them among the most sought-after players for IPL 2025.
The good news is that salary hikes are expected, though it is uncertain when they will be implemented.
IMAGES from League Cup matches played on Wednesday.
Scotland stay in hunt for quarters with 1-0 win over 10-man Croatia
'The structural story of India is a multi-decadal story.' 'One should stay invested in that story and avoid reacting to what is happening globally.'
Her confidence, coupled with her effortless grace, make her one fashionista to watch out for.
Invest in MFs for liquidity and choice of funds. Invest in NPS for the tax benefits, tax-free rebalancing, and for earmarked savings for retirement.
All the action from football matches played in Europe on Wednesday
The stock of footwear major Bata India has been the highest gainer among larger listed footwear companies since the start of the month on expectations of a recovery in the value segment, new launches and measures by the new government to boost consumption. The third largest footwear maker by market capitalisation has been trailing its peers over the past few quarters due to the slowdown in the mass segment market which accounts for a significant chunk of its revenues.
Tata group has been a constant in India's sporting landscape and the conglomerate's involvement only grew under Ratan Tata.
Shares of Avenue Supermarts (DMart) have gained about 5 per cent over the past week on better than expected June quarter (Q1FY25) performance, hopes of a recovery in discretionary demand, and margin gains going ahead. The key takeaway from the results was the robust gross margin performance. Riding on improving mix, DMart posted a 34 basis point year-on-year (Y-o-Y) improvement in gross margins to 14.9 per cent.
If such a replacement is done, for example, in the 50 Rajdhani trains, officials said, it will create around 14,400 additional berths for AC-III passengers.
With 7 per cent economic growth, India is not creating enough jobs as reflected by the number of applicants for vacant posts in some states, Reserve Bank's former governor Raghuram Rajan said and suggested the government needs to focus on promoting labour-intensive industries to generate employment. Rajan further said some Indians, especially those at upper level, are comfortable and have high incomes, but consumption growth from the lower half of the country has still not recovered to pre-pandemic level.
'One nation, one election' is not possible under the present Constitution. It requires at least five constitutional amendments'
15 to 25 per cent of property registrations in Mumbai come from redevelopment, with over 3,500 projects approved by May 2024.
'Many do not have robust business models, and their prospects of survival and long-term growth are poor.'
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