It entered India in 2006, with the aim of tapping the promising consumer market.
Month-end dollar demand from importers resulted in the rupee touching a new all-time low on Wednesday against the dollar.
Model 3 received 180,000 orders worldwide.
The broader markets ended mixed with mid-caps gaining 0.1 per cent and small-caps falling 0.1 per cent on the BSE.
It is critical to engage politicians in the US and India to recognize the achievements of the three million strong Indian-American community says M R Rangaswami, founder of Indiaspora
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
Businesses have been reluctant to talk about contingency plans for Brexit
Being a victim of recurring political unrest over three decades, low productivity and escalating production cost, the Darjeeling tea industry has not been in good financial health over a long time.
Strategy being reworked to launch ETFs, revive Suuti; proceeds may be Rs 24k crore
As home deals are down to a trickle, most are looking at life beyond broking.
The broader markets were firm with mid-caps and small-caps gaining 1-1.4 per cent on the BSE.
MySmartPrice has been growing about 100 per cent a year and is profitable.
The advance booking of Salman Khan's eagerly awaited film Jai Ho have started and although the sentiment regarding the movie is buoyant in markets such as Uttar Pradesh, metros such as Delhi and Mumbai have shown a softer response than usual.
From the UK to Poland, each of these festivals attract the best of crowds. Have you booked your tickets yet?
Murthy no more chairman emeritus; founders do not want to be addressed as promoters.
'The 5.7% growth in the April-June period is an aberration because of GST.' 'Business activity in the last 15 days of the quarter was minimal or zero.'
Ranbaxy Laboratories on Thursday said it will co-operate fully with any regulator from anywhere in the world wanting to investigate its manufacturing practices.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
'Against the backdrop of difficult administrative, political and economic problems, Imran's temperament and staying power will be the subject of intense expectation and public scrutiny,' says Rana Banerji, who headed the Pakistan Desk at the Research and Analysis Wing, India's external intelligence agency.
Vijay Mallya who inherited the UB Group from his father as a young 28-year-old, said he has got "nothing to prove".
The policy statement by the RBI governor is also expected to be upbeat.
@015 may be a good year for FMCG firms.
If Wednesday was any indication, the rest of the Parliament session will see the two sides scoring brownie points against each other, and the Gandhis can expect more enemy fire directed at them, says Rashme Sehgal.
Industrialist Pawan Ruia's (think Dunlop and Jessop) arrest this month for cheating and criminal breach of trust marked a new low, but the tide had been turning against him for a while now. Ishita Ayan Dutt & Avishek Rakshit report.
Only a handful of overseas acquisitions by Indian firms have survived the bloodbath, says Bhupesh Bhandari.
The limit under the Liberalized Remittance Scheme (that was earlier $200,000 and now brought down to $75,000) is applicable per person per financial year.
The Sensex ended 290 points higher at 29,095 mark and the Nifty gained 94 points to close at 8,806 levels.
Patanjali, to a large extent, has penetrated the target group for its products. As a result, increasing the consumer base and revenue by 100 per cent in FY18 will be a stiff challenge.
'I ask for bail in the name of justice.' 'Give me a chance to stay alive and see the trial till its end.'
Rajya Sabha MP Rajeev Chandrasekhar is underwriting the revival of a vintage Dakota as a gift to the Indian Air Force.
Soon after acquiring strategic management control of Vijay Mallya's crown jewel, United Spirits, Diageo has swung into action, making up for years of lost time in trying to figure out the Indian market.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
The Fed has prepared the world very well for a rate hike. In fact the market may have priced in a 25 basis points increase. So if the increase is 50 basis points, the reaction could be stunning, but a 25 basis points rise is not likely to have any great impact, says P V Subramanyam.
The reason for Trent's success is rooted in its slow and steady approach to expansion. Unlike others, Trent, led by Noel Tata, ensured that each store was profitable before it went on to the next, says Raghavendra Kamath.
Economist S Janakarajan, in an interview to Shobha Warrier/Rediff.com warns that without proper infrastructure, India will never be able to build a market economy.
Jaipur-based start-up Logic Roots aims to teach children math skills through board games.
Seattle-based Amazon had considered debuting drone delivery services in Mumbai and Bangalore by Diwali this year
Since many of Modi's urban policies were initiated in Ahmedabad, the city may act as a template to examine what can be expected in a country that is witnessing the biggest migration from rural to urban areas in the world
'The first time we actually got to meet a Bollywood star, it was Salman Khan.' 'We met him at his farm house.' 'For Pia, an actor is just an actor. There is no such thing as a star in her world, and that may or may not go down well with some people.'