New Delhi (IANS) In a sign that investors remain confident about the prospects of the Indian economy despite the Covid-19 pandemic, the country attracted FDI inflows of $6.24 billion in April, a 38 per cent growth over the inflows received in … read more
New Delhi (IANS) The now-grounded Jet Airways is likely to take the skies again within six months from now. On Tuesday, the Mumbai bench of the National Company Law Tribunal (NCLT) approved the resolution plan of the Kalrock-Jalan Consortium and gave … read more
New Delhi (IANS) As states start to ease lockdown restrictions with declining number of daily Covid-19 cases, companies are hopeful of better performance in the next six to 12 months, according to a joint survey conducted by FICCI and Dhruva Advisors. … read more
New Delhi (IANS) Including the current bull market rally which is on, India has had six bull markets over the past three decades. Morgan Stanley has defined a bull market as where the index (BSE Sensex) doubles from its trough. “If … read more
New Delhi (IANS) RattanIndia Enterprises, which recently acquired a stake in homegrown electric two-wheeler manufacturer, Revolt Motors, on Friday said that it had received electrifying response on the reopening of bookings of RV400 electric bike. The company, RattanIndia-Revolt, had to … read more
Mumbai (IANS) Fears of foreign funds exiting India along with expectations of lower consumer sentiment due to Covid pulled India’s stock markets lower on Thursday. Accordingly, the fears were triggered by US Fed statement on the eventual restart of liquidity tapering … read more
Chennai (IANS) Hinduja group’s commercial vehicle major Ashok Leyland Ltd on Tuesday said its UK subsidiary Switch Mobility Ltd has acquired the entire stakes in its Indian subsidiary Switch Mobility Automotive Ltd. Switch Mobility Automotive has thus become a step-down subsidiary … read more
New Delhi (IANS) As the economy battles yet again to come out of the Covid-induced slowdown, an SBI Ecowrap report has suggested that the space for monetary accommodation is over, and the Reserve Bank of India (RBI) will face multiple challenges … read more
New Delhi (IANS) Lauding the latest revision in the FAME-II norms by the Centre, stakeholders in the sector have said that the move will substantially increase the demand for electric bikes and scooters. Hero Electric MD Naveen Munjal said: “In what … read more
New Delhi (IANS) India needs about 400,000 charging stations to meet the requirement for two million Electric Vehicles (EV) that could potentially ply on its roads by 2026, said a report on Saturday. The Grant Thornton Bharat-Ficci report said for India … read more