New Delhi (IANS) India’s tyre sector is seeking effective collaboration with raw material partners to harness its potential, industry body Automotive Tyre Manufacturers Association (ATMA) said. According to ATMA Chairman Anshuman Singhania, Managing Director JK Tyre & Industries, India’s tyre industry … read more
New Delhi (IANS) French company Schneider Electric has decided to infuse Rs 350-400 crore in its power backup and storage solutions provider and Indian subsidiary Luminous Power Technologies, months after it decided to put off the plan to sell the subsidiary … read more
New Delhi (IANS) Reliance Jio and Google on Thursday shared more details about their jointly developed ‘Made for India smartphone — JioPhone Next — which will be available in the country from September 10. Announcing the launch at the annual general … read more
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