Chennai (IANS) Extension of the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India – II (FAME II) subsidy scheme, rationalisation of GST are some of the budget wishes of the electric vehicle makers, said CARE Ratings as … read more
Chennai (IANS) The merger of two multiplex chains – PVR Ltd and INOX Leisure – will not result in any rationalisation of properties but there may be upgradation of some screens based on the market, a senior PVR official said. … read more
Chandigarh (IANS) The Confederation of Indian Industry (CII) Northern Region on Wednesday organised a business outreach session on sector-wise opportunities and benefits arising out of the India-Australia Economic Cooperation and Trade Agreement (ECTA). The session aimed to brief the industry … read more
Chennai (IANS) The upcoming Indian budget for 2023-24 will be a challenging one for the government to follow the roadmap for fiscal consolidation amidst a global environment of declining inflation, said a top economist of State Bank of India in … read more
New Delhi/Chennai (IANS) India’s wholesale price index-based (WPI) inflation for December 2022 fell to almost two-year low of 4.95 per cent, owing to sliding food and crude as well as petroleum prices. WPI-based inflation was 5.85 per cent in November … read more
Mumbai (IANS) The IIHL (Hinduja Group) and Torrent are in the final race for the Reliance Capital resolution process. IIHL, a part of Hinduja Group, is the highest bidder with a bid value of Rs 10,000 crore which includes an … read more
Bengaluru (IANS) Rural commerce tech platform VilCart on Saturday said it has raised $18 million in a Series A funding round led by Asia Impact SA, amid the deepening funding winter. With the new investment, VilCart aims to expand its … read more
New Delhi (IANS) Bus transport is the backbone of mass transit in India as it offers both affordability and convenience, benefitting all economic classes. The intercity bus travel in the country not just jumped back to normalcy (in terms of … read more
Chennai (IANS) Software major Infosys Ltd closed its third quarter with a higher net profit of Rs.6,586 crore. In a regulatory filing, it said it had closed quarter ended December 31, 2022 with a revenue of Rs 38,318 crore (Rs … read more
Greater Noida (IANS) Chinese electric carmaker BYD India on Wednesday unveiled its new luxury sedan BYD Seal which, it said, will be launched in the country during the last quarter of 2023. The Chinese electric car maker also claimed that … read more