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Words alone won’t help auto industry; concrete actions are required: Maruti Suzuki India…
NEW DELHI: Maruti Suzuki India Chairman RC Bhargava on Wednesday said that while a lot of statements were made by government officials supporting the automobile industry, but when it comes to taking actual steps nothing has really happened.…
Can’t say there is no demand for credit; banks to do loan outreach from October: FM
MUMBAI: Union Finance Minister Nirmala Sitharaman on Wednesday said it is too early to say if there is a lack of demand for credit and announced a district-wise outreach to be undertaken by banks to help credit growth from October.
A…
Edible oil, pulses main contributors to inflation; price rise to slow once crops come: Government
MUMBAI: Major contributors to inflation are edible oil and pulses, and to boost their availability in the market, the supply side has been addressed through duty cuts, a senior finance ministry official said on Wednesday.
On the issue of…
Tata Consultancy Services’ market valuation crosses Rs 13.5 lakh crore
NEW DELHI: The market capitalisation of Tata Consultancy Services (TCS) on Wednesday breached the Rs 13.5 lakh crore mark -- the second company after Reliance Industries Ltd to achieve the feat.
At close of trade, the market valuation of…
Belstar Microfinance subsidiary of Muthoot Finance to raise Rs 350 crore via equity
Kolkata, Aug 25 (UNI) Belstar Microfinance Limited, a subsidiary of Muthoot Finance Limited (Muthoot Group), has signed definitive agreements to raise primary equity of Rs. 350 crore from new investor Affirma Capital and existing…
PS Bank Employees Family Pension to be increased to 30 per cent of last Pay
Mumbai, Aug 25 (UNI) In a bid to provide relief to families of bank employees, the Government has approved the Indian Banks' Association’s (IBA) proposal to increase the family pension to 30% of last salary drawn.
This move would make…
Why Are My Brakes Squealing?
If you’re lucky, the squealing or squeaking noise that your brakes make when you first drive your car in the morning, particularly after rain or snow, is just surface rust being scraped off the rotors by the brake pads the first few times…
Is the IPO market losing its sheen?
NEW DELHI: After a fabulous run, it seems investors are shying away from IPOs (Initial Public Offerings). Not only is there a fall in the subscription rate of recent IPOs, but the stocks are also debuting on the bourses at a discount and…
Infosys becomes fourth Indian company to touch USD 100 billion market cap
NEW DELHI: Infosys Ltd on Tuesday became the fourth Indian company to touch a market valuation of USD 100 billion.
The IT services major has joined the league of TCS, Reliance Industries and HDFC Bank for crossing the USD 100 billion-mark…
India pips US to rank 2nd in list of most attractive manufacturing hub globally; China 1st
NEW DELHI: India has overtaken the United States (US) to become the second-most sought-after manufacturing destination globally, driven mainly by cost competitiveness, according to real estate consultant Cushman & Wakefield.
China…
Global investors wary about India, intrigued by retail buying: UBS
MUMBAI: Global investors are cautious on India because of expensive valuations, but intrigued by domestic households buying stocks, Swiss brokerage UBS said on Tuesday.
They are also questioning the near-term sustainability of the bets…
Another Bank registers case against Karvy Group Chairman for Rs 563 cr fraud
Hyderabad, Aug 24 (UNI) : Few days after the arrest of the scam-hit Karvy Stock Broking Ltd (KSBL) Chairman C Parthasarathy by the city police based on a loan default complaint by IndusInd Bank, another similar case was registered against…
How to Remove a Sticker From Your Car
Bumper stickers on cars can symbolize just about anything under the sun. They can show support for a certain political candidate, identify you as a proud parent of an honor student or the fact that you just love that one special dog breed.…
Bitcoin jumps above $50,000 for first time since May
LONDON: Bitcoin rose back above $50,000 on Monday for the first time in three months after supportive news from payments giant PayPal and cryptocurrency platform Coinbase.
The world's most popular virtual unit jumped to $50,440 during…
HDFC Bank outlines aggressive play in credit cards to regain lost market share in a year
MUMBAI: HDFC Bank on Monday said it aims to regain the two per cent market share in the credit card market it ceded to rivals during a recent ban, within a year by aggressively tapping into its existing depositor base.
The bank will also…
Centre announces Rs six lakh crore asset monetisation pipeline
NEW DELHI: Finance Minister Nirmala Sitharaman on Monday announced a Rs 6 lakh crore National Monetisation Pipeline (NMP) that will look to unlock value in infrastructure assets across sectors ranging from power to road and railways.
She…
IMC Swarnaa acquires 100 per cent stake in Trillium Flow Technologies
HUBBALLI: IMC Swarnaa Ventures Private Limited, a joint venture of Hubballi-based IMC and Swarnaa Group of Companies, announced the successful acquisition of 100 per cent stake in Trillium Flow Technologies India Private Limited. The…
Good time to start airline as established players are too weak, says Capt.Gopinath
By Nirbhay Kumar
New Delhi, Aug 23 (UNI) Captain GR Gopinath, pioneer of low-cost aviation in India, has endorsed launch of Akasa Air, saying established players are currently too weak to take on new players with predatory pricing and…
What’s Included in a Tuneup?
A car tuneup is an outdated service consisting of replacing parts to bring the ignition and fuel systems up to spec for maximum engine performance and efficiency. A traditional tuneup hasn’t been available or necessary for years. Today’s…
Going global with your investment portfolio
CHENNAI: Indian retail investors have rapidly come of age over the past decade and the new crop of market participants are no longer satisfied with staying confined to the limited opportunities offered by Indian stock markets. Over the past…
