Chennai (IANS) A jump in interest costs, increase in material costs and pressure on the margins, and higher inventory holding due to delayed off take by overseas customers has wheeled down Q2 profit of Wheels India Ltd, a top company … read more
Chennai (IANS) Economists are of the view that the measures taken by the Reserve Bank of India (RBI) has controlled the inflation and add that the inflation will come down. The RBI’s Monetary Policy Committee (MPC) will meet on November … read more
The week gone by had all the festivities on account of Diwali and the beginning of trading for Samvat 2079. There was just ‘Muhurat’ trading of one hour on Monday followed by a holiday on Wednesday which had disrupted and … read more
New Delhi, (IANS) The global smartphone market declined by 12 per cent (year-on-year) even as it grew by 2 per cent (on-quarter) to reach 301 million units in Q3, its lowest Q3 level since 2014. According to Counterpoint Research, the … read more
New Delhi (IANS) With the petrol-powered small car/hatchbacks buyers affected and others opting for sport utility vehicles (SUV), Maruti Suzuki India Ltd will increase its CNG powered models as well as SUVs, Maruti-Suzuki Chairman R.C. Bhargava said on Friday. He … read more
New Delhi (IANS) Union Commerce and Textile Minister Piyush Goyal on Thursday said that textile exports were approximately $42 billion while the target was to achieve $100 billion by the next five to six years, and if this was achieved … read more
Chennai (IANS) The Insurance Regulatory and Development Authority of India (IRDAI) on Wednesday allowed foreign reinsurance branches (FRB) and Lloyd’s India to repatriate excess capital. According to the IRDAI, to ensure sufficient reinsurance capacity in India and to attract more … read more
Chennai (IANS) Banking services across the nation will get affected on November 19, with members of the All India Bank Employees’ Association (AIBEA) going on strike, said an official. The members will strike work in protest against targeted victimisation of … read more
New Delhi (IANS) With the festival season in full swing, automobile dealers expect a huge spike of around 40 per cent in car and two-wheeler sales in the run-up to Diwali across the country. Auto dealers say that between Navratri … read more
New Delhi (IANS) Reliance Industries Limited (RIL) posted the proceedings of its Q2 FY 2022-23 earnings call on the metaverse late on Friday. This is the first time in the history of corporate India that a company has used metaverse … read more