MG Motor sales increase 33% to 4,010 units in December

The company sold 3,430 units of Hector, 458 units of Gloster and 122 units of ZS electric vehicles last month.

Sony to launch PlayStation 5 in India in February

Preorders for PS5 will begin on Jan 12 and will be available for orders at major retailers, including Amazon and Flipkart, the tech firm said.

Maruti Suzuki sales rise 20% to 1,60,226 units in December

The company had sold 1,33,296 units in December last year, Maruti Suzuki India (MSI) said in a statement.

NCC bags orders worth Rs 8,980 crore in December

"NCC has received fifteen new orders totaling to Rs 8,980 crore (exclusive of GST) in the month of December, 2020," the company said in a BSE filing.

Escorts tractor sales jump 88% to 7,733 units in December

Domestic tractor sales during last month stood at 7,230 units as against 3,806 units in December 2019, up 90 per cent, Escorts said in a BSE filing.

Reliance Infrastructure completes sale of Delhi-Agra toll road to Cube Highways for Rs 3,600 crore

In a regulatory filing, Reliance Infrastructure Ltd said it has completed the sale of its 100 per cent stake in DA Toll Road to Cube Highways and Infrastructure III Pte Ltd for an enterprise value over Rs 3,600 crore.

CEOs expect Budget 2021 to help begin new investment cycle

Union Finance Minister Nirmala Sitharaman will present the upcoming Budget on February 1.

New Year rule changes: ‘Positive Pay’ system, higher transaction limit for contactless cards and others

Several rules are set to change on January 1 and in the days to come, including implementation of the new cheque payment system, increase in the transaction limit for contactless card and hike in car prices.

Coronavirus News LIVE Updates: India#39;s active COVID tally drops to near 2.5 lakh as 23,181 recover in a day

Coronavirus News LIVE Updates: India has recorded over 1.02 crore confirmed COVID- 19 cases so far, including 1.48 lakh deaths.

Canara Bank raises Rs 1,635 cr through AT-1 bonds

As at September-end 2020, the bank#39;s capital to risk-weighted assets ratio (CRAR) stood at 12.77 per cent. Out of this, tier-I was 9.54 per cent and tier-II was 3.23 per cent.

Coronavirus News LIVE Updates: WHO grants emergency validation to Pfizer-BioNTech COVID-19 vaccine

Coronavirus News LIVE Updates: India has recorded over 1.02 crore confirmed COVID- 19 cases so far, including 1.48 lakh deaths.

Ford, Mahindra call off auto joint venture

The companies said in separate statements that the decision was driven by changes in the global economy over the last 15 months, causing both to reassess their capital allocation priorities.

KTM RC 200 spied on the assembly line at Bajaj’s Chakan plant

From what we can see in the image, RC 200 gets a completely new design, including the underpinnings. The current razor-sharp RC gives way to a larger fairing and tank. This design certainly plucks a few heart strings, but a proper reveal may change opinions.

Govt directs ED, RBI to act against Amazon, Flipkart for violation of FDI, FEMA

The Centre has taken strong cognizance of various complaints made by the Confederation of All India Traders (CAIT) for blatant violation of FDI Policy and Foreign Exchange Management Act, 1999 (FEMA) by these companies.

Tata-Mistry row: Tax tribunal suo moto junks negative remarks on Cyrus Mistry

In a major moral victory for the past chairman of Tata Group who was unceremoniously sacked on October 24, 2016, the tribunal issued a corrigendum on Wednesday to its December 28 order saying "the critical remarks were due to a typo."

Further delay in Air India sale? Government tweaks timeline, may not announce short-listed bidders on January 5

Instead, the government said it would directly contact the shortlisted bidders for Air India, but hasn#39;t given a timeline for that.

Natural gas futures rise 3.62% to Rs 183 per mmBtu; jumps 17.56% in 2020

In the futures market, natural gas for January delivery touched an intraday high of Rs 183.50 and an intraday low of Rs 178.30 per mmBtu on MCX.

Tata Steel optimistic about demand for steel in 2021: CEO TV Narendran

TV Narendran, MD and CEO of Tata Steel, said the steel demand in the country should grow at least at the rate of GDP growth or higher in FY22.

MG Motor and Tata Power launch first 60 kW Superfast public EV charging station in Coimbatore

The latest public EV charging station is available to all vehicles compatible with CCS (Combined Charging System) fast-charging standard and is in line with MGs commitment to provide a 5-way charging ecosystem to its customers. The initiative is part of MGs recent partnership with Tata Power for the deployment of 50 kW and 60 kW DC Superfast Charging Stations across India.

What’s in store for banks in 2021? A better year for sure, but COVID-19 scars will remain

Bankers and analysts believe retail NPAs rather than corporate bad loans will be a headache. Also, credit growth has to pick up if there is to be a meaningful recovery for the sector. With a full-fledged economic revival still some way off, some amount of pain will carry on into the next year.

Will normalcy return to COVID-hit Indian pharmaceutical market in 2021?

The pharmaceutical sector is expecting sales to normalise by the second half of 2021, with the availability of COVID-19 vaccine and coronavirus receding.

Fewer Indians traveling this New Year, but many changing minds last minute

While fares are lower overall, they has surged year-on-year on some routes because of the last-minute surge

Coronavirus News LIVE Updates: Moderna COVID-19 vaccine shows 94.1% efficacy in trial, says Study

Coronavirus News LIVE Updates: India has recorded over 1.02 crore confirmed COVID- 19 cases so far, including 1.48 lakh deaths.

Slandering Indian companies for political goals ends up helping China

In the final analysis, regardless of the merits of the farm laws, discrediting Indian companies ostensibly for political opportunism can only, unwittingly, end up aiding the Chinese purpose of digitally encircling India and other regions.

IRCTC website revamped: Here#39;s all you need to know

Launching the revamped website, Railway Minister Piyush Goyal said it gives him immense satisfaction to launch this initiative on the last day of a very challenging year.

BHEL bags orders worth Rs 3,200 crore for hydro projects in Andhra Pradesh, Telangana

"BHEL has bagged significant orders, valued at Rs 3,200 Crore, for Electro-Mechanical (EM) works for a Hydro Electric Project (HEP) in Andhra Pradesh and EM (electrical and mechanical) works of Pump-Motor sets for Lift Irrigation Schemes (LIS) in Telangana," a BHEL statement said.

Fewer Indians traveling this New Year, many changing minds last minute

While fares are lower overall, they has surged year-on-year on some routes because of the last-minute surge

No big bang year-end parties for corporate employees as celebrations turn virtual, private

With Covid still very active, corporate year-end celebrations this year are a scaled-down affair. Companies are either taking the virtual route or encouraging employees to spend time with their families, while finding other ways, such as awards, to recognise their contributions

Coronavirus News LIVE Updates: 5 new COVID-19 cases of mutant coronavirus strain in India, total 25 cases so far, says Health Ministry

Coronavirus News LIVE Updates: India has recorded over 1.02 crore confirmed COVID- 19 cases so far, including 1.48 lakh deaths.

LT#39;s construction arm bags #39;significant#39; orders in overseas, domestic market

The company did not provide the value of the contracts, but said the orders fall under the #39;#39;significant#39;#39; category, which ranges between Rs 1,000 crore and Rs 2,500 crore, according to the classification of contracts.

Glenmark Pharma gets USFDA nod for erectile dysfunction treatment drug

Glenmark Pharmaceuticals Ltd has received final approval from the United States Food and Drug Administration (USFDA) for Tadalafil tablets USP in the strengths of 2.5 mg, 5 mg, 10 mg and 20 mg, the company said in a regulatory filing.

Tejas Networks bags order worth $13 million

As per the contract, Tejas will supply and install its broadband products to extend high-speed broadband services to underserved rural communities in the region, Tejas Networks said in a regulatory filing.

Coronavirus News LIVE Updates: Mutant COVID-19 cases reach 25 in India, says Health Ministry

Coronavirus News LIVE Updates: India has recorded over 1.02 crore confirmed COVID- 19 cases so far, including 1.48 lakh deaths.

Coronavirus News LIVE Updates: Night curfew imposed in Delhi amid new COVID-19 strain scare

Coronavirus News LIVE Updates: India has recorded over 1.02 crore confirmed COVID- 19 cases so far, including 1.48 lakh deaths.

Coronavirus News LIVE Updates: West Bengal reports 1,178 new COVID-19 cases, 28 deaths

Coronavirus News LIVE Updates: India has recorded over 1.02 crore confirmed COVID- 19 cases so far, including 1.48 lakh deaths.

EV COSMOS ties up with ChargeNet for 500 EV charging stations in India

EV Cosmos, an Indian organisation that focuses on the development and delivery of innovative products and projects in the world of electric energy, recently signed an MoU with ChargeNET Sri Lanka to work together in the Indian Market, a statement said.

Ageas to acquire 23% additional stake from IDBI Bank in IDBI Federal Life Insurance

Post this deal, IDBI Bank will hold 25 percent stake in the life insurer, Ageas will hold 49 percent which is the maximum permissible limit under the foreign direct investment rules.

Rescue acts, growth measures dominate RBI#39;s platter in 2020; new inflation target awaited in new year

Within three weeks of launching the rescue act, the RBI#39;s rate setting panel#39;s meeting got advanced to deliver a deep cut of 0.70 percent in key rates, a reduction in cash reserve ratio by 1 percentage point, and an announcement of a three-month repayment moratorium on loan repayments and an assured liquidity support through the Targeted Long Term Repo Operations (TLTROs).

Larsen Toubro opens digitally-enabled Corporate Experience Centre #39;Planet LT#39;

It said robots #39;#39;Elle#39;#39; and #39;#39;Tee#39;#39; navigate Planet LT visitors, symbolising LT#39;#39;s thrust on state-of-the-art tech experiences.

2020 In 20 charts: COVID-19 impact, market swings, Chinese app ban, online trends and more

20 charts that define 2020: -- from banned apps to most-downloaded apps and the most-searched terms to the people most tweeted about, check out the events that charted the course of the Indian economy this past year

BHEL bags order from Nuclear Power Corporation

The order has been won under NPCIL’s Fleet Mode Procurement for India’s highest rated indigenously-developed 700 MWe Pressurized Heavy Water Reactors (PHWR) to be set up at four different locations in the country, BHEL said.

DC Avanti sales scam: What we know so far about Dilip Chhabria#39;s arrest

Dilip Chhabria, the founder of car modification studio DC Design, has been remanded in police custody till January 2.

Pandemic-proof: COVID-19 increases demand for insurance agents, hiring doubles

As banks turned to focus on pure transactional banking business amidst COVID-19, insurance agents have become a useful resource.

Vistadome tourist coaches: Indian Railways completes 180 kmph speed trial, check pics

Indian Railways’ new design Vistadome tourist coach has been manufactured by the Integral Coach Factory (ICF).

Dollar lifts gold amid worries over US stimulus delay

Spot gold rose 0.3 percent to $1,883.88 per ounce by 0313 GMT. US gold futures were up 0.2 percent at $1,887.40.

Apple loses copyright claims in lawsuit against US security bug startup

US District Judge Rodney Smith ruled in favor of Corellium LLC, saying its software emulating the iOS operating system that runs on the iPhone and iPad amounted to "fair use" because it was "transformative" and helped developers find security flaws.

From AirAsia India to Air Ginger? The many options and questions that face Tata Sons

With control of AirAsia India now with Tata Sons, the company has many options on its table as it prepares for Air India acquisition but there are many questions as well.

Zydus Cadila receives DCGI nod for NAFLD drug in India

The Drug Controller General of India (DCGI) has approved the new drug application (NDA) for Saroglitazar Mg for the treatment of non-alcoholic fatty liver disease (NAFLD) in India, Zydus Cadila said in a regulatory filing.

JMC Projects bags orders worth Rs 698 crore

In a filing to the BSE, the company said it has won orders for building projects in South India worth Rs 698 crore.

Coronavirus News LIVE Updates: UK approves Oxford-AstraZeneca COVID-19 vaccine

Coronavirus News LIVE Updates: India has recorded over 1.02 crore confirmed COVID- 19 cases so far, including 1.48 lakh deaths.