The company had sold 10,165 units in the same month last year, Escorts said in a regulatory filing.Escorts reports 30% dip in November tractor sales at 7,116 units
The company had sold 10,165 units in the same month last year, Escorts said in a regulatory filing.
Escorts reports 30% dip in November tractor sales at 7,116 units
The company had sold 10,165 units in the same month last year, Escorts said in a regulatory filing.Power consumption rises 3.6$ to 100.42 BU in November
The country’s power consumption had grown by 3.9 per cent in October this year to 113.40 BU compared to 109.17 BU in the same month last year.Power consumption rises 3.6$ to 100.42 BU in November
The country’s power consumption had grown by 3.9 per cent in October this year to 113.40 BU compared to 109.17 BU in the same month last year.Toyota Kirloskar posts 53% increase in November wholesales at 13,003 units
The company had sold 8,508 units in the domestic market in November 2020.Paytm expects revenue, monetisation methods to expand in next few quarters: CEO
Paytm Chairman and CEO Vijay Shekhar Sharma during an earnings call with analysts in the US said the company is seeing scale in system deployment and non-UPI revenue, where merchant gives revenue charges, MDR (merchants discount rate) for payments and credit led financial service, and provides the company with the next level of monetisation.MG Motor India sales decline 40% to 2,482 units in November
The company had clocked retail sales of 4,163 units in the same month last year.MG Motor India sales decline 40% to 2,482 units in November
The company had clocked retail sales of 4,163 units in the same month last year.Serum Institute delivers first Novavax shot through COVAX
The world#39;s biggest vaccine maker exported 137,500 doses of Covovax, as it calls the shot, to the Southeast Asian country last week.Satya Nadella sells 50% of his stake in Microsoft ahead of capital gains tax law regime
Microsoft in a statement said that CEO Satya Nadella sold his stake for personal financial planning and diversification reasons,Deep Value Series: Control Print -- Why look at this quality mid-cap?
Given the promising medium- to long-term outlook of Control Print, the valuation is extremely undemandingMorning Scan: All the big stories to get you started for the day
A round-up of the biggest articles from newspapers.Petrol, diesel prices on December 1: Fuel rates remain unchanged for 27 days in row
So far, 27 states and union territories have cut VAT on petrol and diesel prices to give further reprieve to consumers battered by record-high retail rates of the two fuels.Petrol, diesel prices on December 1: Fuel rates remain unchanged for 27 days in row
So far, 27 states and union territories have cut VAT on petrol and diesel prices to give further reprieve to consumers battered by record-high retail rates of the two fuels.NMDC slashes lump ore prices by Rs 750 per tonne, fines by Rs 200 per tonne
In a regulatory filing, the company said it has revised the rates of lump ore or higher grade ore to Rs 5,200 a tonne.Supply chain constraints to dent Maruti Suzuki production levels in December
Due to supply constraints, the company is expecting an adverse impact on vehicle production in December 2021 in both Haryana and Gujarat (Suzuki Motor Gujarat Pvt Ltd), owing to a supply constraint of electronic components impacted by shortage of semiconductor devices, Maruti Suzuki India said in a regulatory filing.SP keeps India#39;s GDP growth forecast unchanged at 9.5% in FY22
The Indian economy had shrunk by 7.3 per cent in 2020-21 fiscal (April 2020 to March 2021) as pandemic induced restrictions battered business activity.Bharat Biotech studying if Covaxin shot will work on Omicron
"Covaxin was developed against the original Wuhan variant," a Bharat Biotech spokesperson told Reuters in a text message, referring to the Chinese city where the virus first emerged.TRAI releases consultation paper to discuss pricing, modalities for auction of 5G spectrum
The Telecom Department has asked TRAI to provide recommendations on issues such as applicable reserve price, band plan, block size, quantum of spectrum to be auctioned and associated conditions for auction of spectrum in 526-698 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3300-3670 MHz and 24.25-28.5 GHz bands, the regulator said in a statement.Edelweiss Financial Services#39; board approves fundraising up to Rs 1,000 crore via NCDs
A meeting of the debenture fundraising committee of the company’s board of directors held on Monday (November 29) considered and approved the public issue of secured, redeemable non-convertible debentures (NCDs), the company said in a filing on Tuesday.Maruti Suzuki hikes prices of Eeco van by Rs 8,000
The increase in price is effective from November 30, 2021, the company said in a regulatory filing.UK regulator orders Facebook to sell Giphy
The Competition and Markets Authority#39;s decision comes after consultation with interested businesses and organisations, and study of potential solutions from Facebook itself.Govt#39;s excise mop-up from petrol, diesel doubles to Rs 3.7 lakh crore in FY21; states get Rs 20,000 crore
Minister of State for Finance Pankaj Chaudhary in a written reply to a question stated that collection from levy of central excise duty on petrol and diesel increased from Rs 1.78 lakh crore in 2019-20 to Rs 3.72 lakh crore in 2020-21 (April 2020 to March 2021).Fitch affirms ICICI Bank rating with negative outlook
The negative outlook comes despite the agency recently revising upwards the operating environment outlook of domestic banks to stable from negative, citing better than expected recovery in business and economic activity following the COVID-19 second wave.Grow up Visa, compete and not complain
Visa might be a global giant, but it will have to think local to survive and prosper in IndiaZero transaction fee at the heart of Visa’s complaint about RuPay
Incumbent card networks face pressure from alternative real-time payment systems in many countriesAdda247 raises around $20 million in funding round led by WestBridge Capital
The Series B funding round also saw participation from existing investors, including Info Edge, Asha Impact and JM Financials, the company said in a statement.Adda247 raises around $20 million in funding round led by WestBridge Capital
The Series B funding round also saw participation from existing investors, including Info Edge, Asha Impact and JM Financials, the company said in a statement.Lupin launches educational website Sciflix for medical students
Sciflix is a comprehensive learning platform in pulmonology where all scientific needs of postgraduate students will be addressed by a multisource library under one roof, the company said in a regulatory filing.Lupin launches educational website Sciflix for medical students
Sciflix is a comprehensive learning platform in pulmonology where all scientific needs of postgraduate students will be addressed by a multisource library under one roof, the company said in a regulatory filing.Cryptocurrency | Virtual currencies are here to stay. Astute regulation is what is required
The introduction of the cryptocurrency Bill is only the first step. As technology evolves, the law will catch up. It is also hoped that the contours of the law will encourage innovation, and use of technology to expand financial marketsCrypto Conversations: How blockchain helps fight cybercriminalsÂ
Compliance as a Service (CaaS) providers are leveraging the power of blockchain technology to create an ecosystem that delivers top compliance, regulatory, and transaction monitoring, all under one roofAuto component stocks shiver on fears of Omicron virus impact
The stocks had run up by 70-80 per cent over a year. Hence, a drop in stock prices would make the risk-reward equation for investors more favourableAuto component stocks shiver on fears of Omicron virus impact
The stocks had run up by 70-80 per cent over a year. Hence, a drop in stock prices would make the risk-reward equation for investors more favourableZerodha#39;s Nikhil Kamath says #39;Twitter missed US tech rally#39; after Jack Dorsey steps down
Twitter said Jack Dorsey will be succeeded by Chief Technology Officer Parag Agrawal.Morning Scan: All the big stories to get you started for the day
A round-up of the biggest articles from newspapers.Petrol, Diesel Prices Today: No change in fuel rates for 26th straight day
The petrol and diesel prices remained unchanged in Kolkata at Rs 104.67 per litre and Rs 89.79 per litre, respectively.Co-working startup ABL Workspaces raises Rs 15 crore from Canada-based Ethik Inc
In a statement, ABL Workspaces said it has raised Rs 15 crore from Canada-based Ethik Inc in Series A funding round.SEBI bans ARSS Infrastructure, 6 persons from markets; levies fine
The six persons (the company’s directors, chief executive officer and chief investment officer) have been restrained from the capital markets either for six months or one year.Omicron adds new uncertainties to global economic outlook: Moody#39;s Analytics
In its commentary titled #39;Much to Learn About OmicronFast’, Moody’s Analytics said although the variant appears to spread â€remarkably quicklyâ€, it will be at least two more weeks before more will be known about this new variant.Omicron adds new uncertainties to global economic outlook: Moody#39;s Analytics
In its commentary titled #39;Much to Learn About OmicronFast’, Moody’s Analytics said although the variant appears to spread â€remarkably quicklyâ€, it will be at least two more weeks before more will be known about this new variant.Bombay HC directs Centre to inform it about introduction of bill on cryptocurrency
The court was hearing a public interest litigation (PIL) filed by advocate Aditya Kadam, seeking directions to the central government to formulate laws to govern the use and trade of cryptocurrency within the country.IndiGo renews its partnership with French hospitality group Accor
Through this partnership, IndiGo’s 6E Rewards members can now avail a 15 per cent discount, when they book directly with Accor and earn up to 6 per cent 6E Rewards as feature partner on any spends across Accor properties in India, Sri Lanka and participating hotels in Maldives, IndiGo said in the release.Jute Commissioner rejects IJMA#39;s proposal to revise fair price of raw jute
The jute mills lobby body had submitted their suggestion to the Jute Commissioner, the regulator, to revise the fair price of raw jute to Rs 7,200 from Rs 6,500, after an emergency meeting pursuant to a high level meeting in the state secretariat in presence of the West Bengal Chief Secretary.Asian Paints to invest Rs 960 crore to expand Gujarat unit
The company has signed a memorandum of understanding with the Government of Gujarat commencing the proposed expansion of manufacturing capacity of paint from 1.3 lakh KL to 2.5 lakh KL and resins and emulsions from 32,000 MT to 85,000 MT, Asian Paints said in a regulatory filing.Asian Paints to invest Rs 960 crore to expand Gujarat unit
The company has signed a memorandum of understanding with the Government of Gujarat commencing the proposed expansion of manufacturing capacity of paint from 1.3 lakh KL to 2.5 lakh KL and resins and emulsions from 32,000 MT to 85,000 MT, Asian Paints said in a regulatory filing.Air travel in India is on the cusp of normalcy; will Omicron change that?
While November will see a new peak in passenger numbers and flights deployed within India, new Covid variant Omicron may throw up some challenges and hinder plans to recommence international flights from DecemberSingapore crypto bourse enters India despite pending curbs
Coinstore has launched its web and app platform and plans branches in Bangalore, New Delhi and Mumbai, which will act as its base for future expansion, its management said.Singapore crypto bourse enters India despite pending curbs
Coinstore has launched its web and app platform and plans branches in Bangalore, New Delhi and Mumbai, which will act as its base for future expansion, its management said.MC Insider: Market buzz, investment rethink, microfinance wars, salary boom and more
Hush-hush tales from the world of stock markets, banking, corporate world and corridors of power
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Huawei faces international scrutiny over its ties with the Chinese government and suspicion that Beijing could use Huawei#39;s technology f...
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The bank plans to raise up to Rs 500 crore by issue of equity shares to qualified institutional buyers through qualified institutional plac...
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In July, HCL Technologies had announced a Rs 4,000 crore buyback programme for FY19 at a price of Rs 1,100 per equity share.
