Business News

NEW DELHI: The Securities and Exchange Board of India (Sebi) on Friday barred Kotak Mahindra Asset Management Company Limited from launching any new fixed maturity plan (FMPs) for the period of six months. The market regulator, which…

New Delhi, Aug 27 (UNI) In a search and seizure operations covering 40 premises of a Rajkot-based builder, the Income Tax (I-T) Department has discovered that the company allegedly concealed income in excess of Rs 300 crore. The taxmen…

Gangtok, Aug 27 (UNI ) Chief Minister PS Tamang, flagged off the First Electronic Vehicle here on Friday, joining the rest of the country in the Electric Vehicle Revolution. CM has also launched an Electric Vehicle charging station. He was…

You may not notice it right away, but as you get behind the wheel of your car more and more, you’ll start to notice that something isn’t quite right. You’re drifting in one direction or another. The steering is off. The angle of the wheel…

NEW DELHI: Tech major Lenovo on Thursday said it is significantly ramping up its local manufacturing capabilities in India across product categories like PCs, notebooks and smartphones to meet the increasing customer demand. While the…

MUMBAI: No-frills carrier SpiceJet on Thursday said it has entered into a "settlement" with a lessor of Boeing 737 Max planes -- Avolon. The Gurugram-based airline, in a statement, said it hopes to see these MAX aircraft flying again soon.…

NEW DELHI: India offers huge opportunities for vehicle manufacturers and electrification is the pillar that could transform the country's automotive industry, Nissan Motor Corporation COO Ashwani Gupta said on Thursday. Speaking at the…

NEW DELHI: Equity benchmarks Sensex and Nifty ended on a flat note on Thursday as monthly derivatives expired amid a weak trend in global markets and sustained foreign fund outflows. After trading range-bound through the session, the…

NEW DELHI: India's wearables market grew 118.2 per cent year-on-year in the June 2021 quarter at 11.2 million units with strong shipments from homegrown brands in earwear and watches fuelling this growth, according to research firm IDC.…

The positive crankcase ventilation, or PCV, system was one of the earliest emission-control devices used in vehicles. The PCV system draws leftover combustion gases from the crankcase (the oil pan and bottom of the engine) and routes them…

New Delhi/Bengaluru: The Vice President of India Venkaiah Naidu paid his maiden visit to Hindustan Aeronautics Limited (HAL) facilities accompanied by Thaawarchand Gehlot, Governor of Karnataka on Friday. “I am assured of our nation’s…

New Delhi: Arun Kumar Garg (IDSE) has been selected for the appointment as Deputy Secretary in the Ministry of Power, Delhi. According to an order from the Department of Personnel & Training (DoPT), he has been selected for the…

New Delhi: The Defence Industry has regularly pitched for providing greater access to the details of procurements planned by the Ministry of Defence (MoD) especially with regard to cost, quantity, offsets, trials, transfer of technology etc…

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.…

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…

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…

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…

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…

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…

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…