Cardiac stents price to rise by 8% YoY

Drug eluting stents or the stents coated with a drug, constitutes 95 percent of the market

Maruti Suzuki March sales meet analyst expectations, ends FY19 with 4.7% volume growth

Maruti said passenger car sales dropped 6.9 percent to 1.03 lakh units in March 2019 YoY, dented by mini as well as mid-size car segments.

Saudi Aramco gets first credit ratings ahead of bond debut

Aramco generated earnings before interest, tax and depreciation (EBITDA) of $224 billion in 2018, Fitch said on April 1, surpassing ExxonMobil, the world#39;s largest listed oil firm.

Maruti sales fall 0.7% YoY in March despite new launches; sees pick-up after general elections

This is the first drop in domestic sales for the market leader in seven months

LT bags gas export pipeline contract from Kuwait Oil Company

The company said the order falls under "large" category that range between Rs 2,500 crore and Rs 5,000 crore as per its classification of contracts.

Nykaa raises Rs 100cr from TPG Growth at a valuation of Rs 5,000cr

This round of funding comes after the company announced its plans to go public last year

Troubled Apple supplier Japan Display Inc to seek funding, shares surge

Japan Display, formed in 2012 in a government-backedmerger of the ailing display units of Sony Corp,Toshiba Corp and Hitachi Ltd, flagged its fifth straight year of net losses in February.

Nykaa raises Rs 100 cr from TPG Growth for Rs 5,000 cr valuation

This round of funding comes after the company announced its plans to go public last year

Samsung CT, Samsung Electronics almost double cost of finishing new chip line

Samsung CT is the construction arm and defacto holding company of the Samsung Group.

Toyota Kirloskar sales up marginally in March to 13,662 units

In the domestic market, the company reported sales of 12,818 units last month, up 2 percent as compared with 12,539 units in March 2018, TKM said in a statement.

Investment lessons from Brookfield, a global contrarian investment firm

Brookfield, which has turned active in India, is well known for its differentiated contrarian strategy that earned it several multi-bagger investments

Jet Airways pilots defer decision not to fly, set April 15 deadline

The decision was taken at an open house meeting of NAG members which took place in both Mumbai and Delhi on Sunday afternoon, NAG president Karan Chopra told reporters after the meeting which lasted for about four hours.

Jet Airways pilots defer decision not to fly, sets April 15 deadline

The decision was taken at an open house meeting of NAG members which took place in both Mumbai and Delhi on Sunday afternoon, NAG president Karan Chopra told reporters after the meeting which lasted for about four hours.

Demonetisation good move though people faced hardships: HDFC MD Aditya Puri

The HDFC Bank MD also backed the Narendra Modi government#39;s endeavour to promote digitisation in the banking system asserting that it is one of the best things to have happened in India.

Government notifies new accounting standard on leases; effective from April 1

Ind AS 116 -- to be effective from April 1 -- sets out the principles for recognition, presentation and disclosure of leases

Bank of Baroda is now third largest lender as Dena, Vijaya merger take effect

The Reserve Bank had on March 30 said branches of Dena Bank and Vijaya Bank would function as BoB outlets from April following the amalgamation.

Cipla gets 8 GMP observations from USFDA for Kurkumbh plant

The USFDA inspection covered 3 units at Kurkumbh plant.

Airlines responsible for their financial performance; govt can#39;t interfere in day-to-day operations: Suresh Prabhu

Against this backdrop, Prabhu said that each airline prepares its own business plan on the basis of its own market assessment and financial resources.

RNAM partners with Google; Reliance Mutual Fund customers can now carry out voice-based transactions

RNAM is a joint venture between Anil Ambani-led Reliance Capital and Japan#39;s Nippon Life Insurance Co Ltd.

Titan increases stake in CaratLane with Rs 99.99 crore investment

CaratLane is in the business of manufacturing and sale of precious and semi-precious jewellery through its e-commerce business and also through retail showrooms.

HDFC Bank to add 100 branches in Northeast

HDFC Bank started operations in the Northeast in 2004. As of December 31, 2018 the bank network in the region comprised 126 branches and 203 ATMs.

Hyundai India all set to drive in SUV Venue with global connected technology

The auto major will introduce its global technology BlueLink in the Indian market with the launch of the new model and has tied up with Vodafone Idea for network connectivity.

Vijaya Bank, Dena Bank to become Bank of Baroda from April 1

According to the Scheme of Amalgamation, shareholders of Vijaya Bank will get 402 equity shares of BoB for every 1,000 shares held. In the case of Dena Bank, its shareholders will get 110 shares of BoB for every 1,000 shares.

Larsen Toubro expects $1 billion revenue from LT Nxt in 5 to 7 years

The LT Nxt initiative, which was launched last week, will focus on the areas of artificial intelligence, internet of things (IoT), virtual reality, augmented reality, geospatial solutions as well as cybersecurity.

DPIIT working on definition of accredited investors to boost investments in startups

The department, under the commerce and industry ministry, has already prepared a draft definition and is now seeking views of stakeholders.

Southwest Airlines to keep Boeing 737 MAX off schedules through May instead of April 20

Boeing#39;s top-selling 737 MAX jetliner has been grounded in the wake of two deadly crashes involving that model in five months, one in Indonesia last October and another on March 10 in Ethiopia.

Mitsubishi eyes 20% market share in elevator space

In FY 2018, the demand for elevators in India was over 50,000 units and the segment is having a year-on-year growth of around 5 to 6 percent.

Lok Sabha Polls 2019: Elections strike sour note across UP#39;s sugarcane belt

With posters, buntings and rallies, the clamour of poll-time campaigning is all around in the area famed as the country#39;s sugar bowl but the very word election strikes a sour note for many farmers.

GST officers prodding businesses to deposit taxes by March 31 to meet fiscal target

The Central Board of Indirect Taxes and Customs had directed its field formations to remain open during the last weekend of the current financial year, which is March 30 and March 31, 2019, for assisting the taxpayers in filing returns and paying taxes.

Vijay Chandok to head ICICI Securities

Chandok presently is the Executive Director of ICICI Bank.

Jet Airways says can#39;t clear pilots#39; dues immediately

The pilots, who along with engineers and senior staff have not been paid for almost four months now, have said they will not fly from April if dues were not cleared and a roadmap on future payment was not provided by March 31.

Weekly wrap: Bajaj Auto rejigs top deck; JSW Energy mysteriously exits electric vehicle business

Here#39;s the weekly wrap of all the important development in the automotive space during the week

Will Nirav Modi and Vijay Mallya share the same jail cell if extradited, UK judge asks prosecutor

"Do we know which part of India he (Modi) is being sought in," the judge asked, to try and establish which jail Modi is likely to be held in.

What Indian fashion retailers say about online clicks and physical purchase?

Online retailing, which was considered as the end in itself is now being realised as only a stepping stone or a marketing effort by a number of fashion retailers

Income tax, GST offices to remain open on March 30, 31 to facilitate year-end collection

GST collections in the current fiscal till February totalled Rs 10.70 lakh crore.

With fewer engineering jobs, is it time to cut down on number of courses?

Several courses have 55-60 percent vacant seats with barely any job offers

The Moneycontrol Show | Estate Planning, RBI Policy, Market Strategies

Watch the video to know about estate planning, RBI MPC and more.

With no salary coming, Jet Airways#39; pilots may go on strike from April 1

Banks haven#39;t transferred the promised funding, because of which salaries couldn#39;t be cleared

With no salary coming, Jet Airways pilots may go on strike from April 1

Banks haven#39;t transferred the promised funding, because of which salaries couldn#39;t be cleared

Nirav Modi Vijay Mallya to share same jail cell in Mumbai#39;s Arthur Road Jail?

The 48-year-old diamond merchant is wanted in India for alleged "high value and sophisticated" fraud and money laundering amounting to $2 billion.

Take Five: The shape of you - world market themes for the week ahead

After all, an inverted yield curve, when longer-dated yields drop below shorter maturities, have proved to be fairly reliable predictors of US recessions in the past.

Managing Money with Moneycontrol | Estate Planning

Moneycontrol#39;s personal finance expert Kayezad Adajania gets is in conversation with renowned financial planner Gaurav Mashruwala to discuss all of that.

Markets@Moneycontrol | Bulls charge ahead

Kshitij Anand, Market Editor, Moneycontrol wraps the week#39;s market action as well as shares cues for the next week.

Macro@Moneycontrol | RBI Monetary Policy

Gaurav Choudhury, Deputy Executive Editor, Moneycontrol discusses the expectations from the policy and whether the RBI will go for another rate cut this time.

HMSI crosses 1,000 dealership mark

With this, HMSI#39;s total network count, including sales and service touchpoints, in the country has now crossed the 6,000th outlet mark.

Disappointed with SP rating downgrade: JLR

The company is continuing to execute its product plans and Project Charge turnaround strategy to deliver 2.5 billion pounds of cash flow improvements by March 2020, it added.

RBI sets NBFC-MFIs#39; average base rate at 9.21% for Apr-Jun

The regulator in February 2014 had issued directions to NBFC-MFIs regarding pricing of credit.

Too soon to comment, will wait for board decision: Mindtree Exec Chairman Natarajan on LT offer

We are focused on presenting our positives to our shareholders and tell them that we do have a bright future. We think that’s the most important message we are sending and we are getting very positive responses from them.

Air India found to be using boarding passes with PM#39;s photo again

On Friday evening, a passenger who took an Air India flight from Madurai tweeted a picture of his boarding pass having photos of Modi and Rupani in an advertisement for the Vibrant Gujarat summit held in January.

NTPC to set up 25 MW floating solar power plant at Simhadri

Addressing a media conference here, Group General Manager of NTPC#39;s Simhadri plant, A R Maiti, said it was also setting up a flue-gas desulphurisation plant (FGD).