Chennai (IANS) The decision of the Reserve Bank of India (RBI) to withdraw Rs 2,000 denomination banknotes from circulation will not have any major impact on gold demand and also on the rupee value, an expert said on Saturday. According … read more
Chennai (IANS) In a sale and purchase transaction, Siemens Ltd on Friday said it has decided to sell its low voltage motors and geared motor business for Rs 2,200 crore and buy the electric vehicle (EV) division of Mass-Tech Controls … read more
Chennai (IANS) Car maker Toyota Kirloskar Motor on Thursday said it will increase its production by 30 per cent by starting three shift operations at its plant in Bidadi in Karnataka owing to increased demand for its old and new … read more
New Delhi (IANS) India saw only 100 deals valued at $5 billion, with a 47 per cent decline in deal volumes and a steep 89 per cent decline in values compared to April 2022, a report showed on Wednesday. The … read more
Chennai (IANS) With the Indian economy being a key contributor for Asian economic growth outperformance, the broad based recovery in demand runs counter to the weakness seen outside Asia, said Morgan Stanley in a report. According to Morgan Stanley, India … read more
Chennai (IANS) The Indian airline industry is likely to cut down its losses to about Rs 50-70 billion in FY24, owing to healthy passenger traffic and the ability to shore up their yields, ratings agency ICRA said in a sectoral … read more
The week gone by began with a bang with the best gains of the week being registered on Monday. It gained more than what the markets had lost on the previous Friday when the HDFC twins took a beating on … read more
Chennai (IANS) The Export Import Bank of India (Exim Bank) on Friday said it closed FY23 with an after tax profit of Rs 1,556 crore. According to Exim Bank, the company closed FY23 with a net profit of Rs 1,556 … read more
New Delhi (IANS) The Central Bureau of Investigation (CBI) on Thursday registered an FIR against former Deputy General Manager (DGM) of ONGC and others in connection with a forgery case, an official said. The FIR has been lodged against Bijoy … read more
Chennai (IANS) Getting bankruptcy protection, can the Wadia group’s low cost carrier Go Airlines (India) Ltd send its fleet back into the air in two weeks — as it said earlier — is the question that needs to be answered. … read more