3 Point Analysis | Auto sales are a mixed bag in September

3 Point Analysis | Auto sales are a mixed bag in September Tune in to find out what’s the kind of growth seen in sales of top manufacturers of four wheelers and two wheelers of the country.

Honda Cars sales dip 19% to 14,820 units in Sep

Honda Cars sales dip 19% to 14,820 units in Sep The company had sold 18,257 units in the domestic market in September 2017, Honda Cars India Ltd (HCIL) said in a statement.

Holland#39;s Wolter Kluwer bets on Indian healthcare to drive sales

Holland#39;s Wolter Kluwer bets on Indian healthcare to drive sales The company gets about 70-80 percent of sales in India from healthcare.

Govt signs OALP-1 contracts with Vedanta, ONGC

Govt signs OALP-1 contracts with Vedanta, ONGC Mining mogul Anil Agarwal-led Vedanta walked away with 41 out of 55 oil and gas exploration blocks offered in OALP-1

Medical technology sector may hit $9.6 bn in 2022: Report

Medical technology sector may hit $9.6 bn in 2022: Report The global medical technology market is also expected to reach $495 billion in the next three years, from the present $400 billion, PwC said in its report.

ILFS crisis: New board to submit assessment plan in two weeks

ILFS crisis: New board to submit assessment plan in two weeks A resolution plan could follow after the new board submits a comprehensive assessment.

Arun Jaitley defends loan write-offs; says they don#39;t lead to waiver, recovery still pursued

Arun Jaitley defends loan write-offs; says they don#39;t lead to waiver, recovery still pursued He said public sector banks have recovered Rs 36,551 crore of bad loans or NPAs during April-June quarter of the current financial year as compared to Rs 74,562 crore recoveries made in the full 2017-18 fiscal.

Yes Bank -- better avoid temptations, wait for RBI roadmap before investing

Yes Bank -- better avoid temptations, wait for RBI roadmap before investing The management is portraying business as usual. But are the investors convinced?

Air India to sell 14 properties; eyes Rs 250 cr

Air India to sell 14 properties; eyes Rs 250 cr The government had in May said that Air India has mopped up Rs 543.03 crore from monetisation of its assets in prime locations such as Mumbai and Chennai.

Toyota Kirloskar sales down 4.39% to 13,078 units in September

Toyota Kirloskar sales down 4.39% to 13,078 units in September Domestic sales in September stood at 12,512 units as against 12,335 units in the same month last year, up 1.43 percent.

Infra sector growth slows down to 4.2% in Aug

Infra sector growth slows down to 4.2% in Aug Coal, natural gas, and electricity production grew by 2.4 percent, 1.1 percent and 5.4 percent respectively compared to 15.4 percent, 4.2 per cent, and 8.3 percent respectively in August 2017.

ILFS crisis: ICRA could face heat from SEBI for rating call gone wrong

ILFS crisis: ICRA could face heat from SEBI for rating call gone wrong A source told Moneycontrol that SEBI is deciding if it should probe to see whether proper due diligence was carried out by the rating agency at the time of assigning credit ratings.

405.8 mn UPI transactions worth Rs 59,835 cr clocked in Sept 2018

405.8 mn UPI transactions worth Rs 59,835 cr clocked in Sept 2018 About 312.02 million UPI transactions totalling Rs 54,212.26 crore were clocked in the month of August 2018.

HDFC raises retail lending rate by 10 bps

HDFC raises retail lending rate by 10 bps In the fourth monetary policy review to be announced on October 5, RBI is expected to raise repo rate by 25 bps.

India Inc#39;s credit profile moderates YoY in Apr-Sep: Crisil

India Inc#39;s credit profile moderates YoY in Apr-Sep: Crisil It further said the rupee depreciation, rising interest rates and tariff wars pose a risk for Indian companies in the future.

Hyundai sales up 1 pc in September at 62,757 units

Hyundai sales up 1 pc in September at 62,757 units Exports grew 22.2 percent in September to 14,976 units as against 12,257 units in the year-ago month.

Tata Motors sales grow 20% YoY in September

Tata Motors sales grow 20% YoY in September Domestic commercial vehicle sale surged 26 percent to 46,169 as against 36,578 units

Suzuki Motorcycle India domestic sales up 24% in September

Suzuki Motorcycle India domestic sales up 24% in September The company had sold 50,808 units in the same month last year, SMIPL said in a statement.

Ford India sales rise 21 pc to 19,988 units in Sep

Ford India sales rise 21 pc to 19,988 units in Sep Exports rose to 11,739 units in the previous month as compared to 7,756 units in September last year, Ford India said in a statement.

Car sales slow down in September on high fuel costs, product price increase

Car sales slow down in September on high fuel costs, product price increase With a pan-India deficit of 9% in monsoon rural demand for auto is expected to remain weak in the coming months

KKR, Blackstone Aion envisage interest in Dighi Port: Report

KKR, Blackstone Aion envisage interest in Dighi Port: Report The firms have been very aggressive in their bidding processes, sources told the paper, adding their bids are 42-48 percent higher compared to those by other core-industry players

NCLT approves govt#39;s takeover of ILFS board; Uday Kotak to be chairman

NCLT approves govt#39;s takeover of ILFS board; Uday Kotak to be chairman The National Company Law Tribunal (NCLT) has approved the takeover of ILFS board by government nominees.

NCLT approves govt#39;s takeover of ILFS board; Uday Kotak to be on board

NCLT approves govt#39;s takeover of ILFS board; Uday Kotak to be on board The National Company Law Tribunal (NCLT) has approved the takeover of ILFS board by government nominees.

News in Pics: Your daily dose of pictures from around the world

News in Pics: Your daily dose of pictures from around the world Moneycontrol brings to you select pictures that are making headlines across the globe.

ILFS chief Hari Sankaran confident of repaying up to Rs 65000 crore out of Rs 91000 crore debt

ILFS chief Hari Sankaran confident of repaying up to Rs 65000 crore out of Rs 91000 crore debt The announcement came at the annual general meeting (AGM) of the company, which has been defaulting on debt obligations.

Infibeam complains to IT minister, Sebi about Whatsapp message that reportedly triggered selloff, says report

Infibeam complains to IT minister, Sebi about Whatsapp message that reportedly triggered selloff, says report The message reportedly led to large sell-off in shares, a 71 percent fall in price to Rs 57.90, the steepest single-day fall in share price of any company since Satyam Computer Services shares crashed 83 percent on January 7, 2009.

Will the risk aversion of MFs derail high speed growth of NBFCs?

Will the risk aversion of MFs derail high speed growth of NBFCs? While valuations of many NBFCs have fallen following the recent sell-off, we don’t see a quick bounceback as MFs are in a risk averse mode, which will pare growth for many players

Yes Bank reveals unaudited Q2 numbers, to address investors as share price falls

Yes Bank reveals unaudited Q2 numbers, to address investors as share price falls Yes Bank also has an address with analysts over a conference call on October 1, 2018

OPPO appoints Tasleem Arif to head India RD unit

OPPO appoints Tasleem Arif to head India RD unit While the company did not disclose the investment being made for the RD unit, it said the Hyderabad centre would be OPPO#39;s seventh such facility globally.

Asset quality outlook #39;stable#39;; NPAs down: Yes Bank

Asset quality outlook #39;stable#39;; NPAs down: Yes Bank The midsize private sector lender#39;s debt instruments have been put on #39;credit watch with developing implications#39; by Care Ratings, it disclosed in a regulatory filing.

How reasonable expectations improve your chances of achieving financial goals

How reasonable expectations improve your chances of achieving financial goals A well-accepted view of personal finance is that the real purpose of investing is to have enough money, at the right time, to achieve your real-life financial goals.

ILFS crisis pulls down equity MFs; most categories clock negative returns in September

ILFS crisis pulls down equity MFs; most categories clock negative returns in September The worst hit were funds investing in banking stocks.

Zydus Cadila gets USFDA nod for skin cream generic

Zydus Cadila gets USFDA nod for skin cream generic The approval from the United States Food and Drug Administration (USFDA) is to market Desoximetasone cream USP 0.25 per cent in America, Zydus Cadila said in a statement.

Paytm Mall may buy majority stake in BigBasket to enter online grocery space

Paytm Mall may buy majority stake in BigBasket to enter online grocery space While Paytm denied the reports, people in the know said the company has been looking for a grocery e-tailer to team up with ever since rumours got out that Walmart wanted an e-commerce partner in India

Dr Reddy#39;s sells US penicillin plant to Abu Dhabi-based Neopharma

Dr Reddy#39;s sells US penicillin plant to Abu Dhabi-based Neopharma The sale of the plant is a part of the company#39;s efforts to rein in costs as it faces intense pricing pressure in the US market, among other disadvantages

NALCO for use of aluminium foil as alternative to plastic packaging; plans manufacturing unit

NALCO for use of aluminium foil as alternative to plastic packaging; plans manufacturing unit To meet the challenges of providing alternative solutions to the packaging industry, NALCO would set up the manufacturing unit in the coming days, Tapan Kumar Chand, CMD of the Navaratna CPSE, said.

Maruti to start vendor audit; urges vendors to invest more in RD: Report

Maruti to start vendor audit; urges vendors to invest more in RD: Report Suppliers will be judged based on certain parameters such as RD, balance sheet stability, product quality and product rejection rate, the report stated

MM September sales up 2% on year as demand for CVs rises

MM September sales up 2% on year as demand for CVs rises Passenger vehicle sales dipped sharply by 16 percent to 21,411 units during September as against 25,414 units sold in the same month last year

Fulfilling rail requirements of Indian Railways is SAIL#39;s top priority: Chairman

Fulfilling rail requirements of Indian Railways is SAIL#39;s top priority: Chairman The official was addressing the workers of Bhilai Steel Plant of Steel Authority of India Ltd (SAIL) in Chhattisgarh, where rails are manufactured. The state-owned steel maker has lost the tag of sole supplier of rails to the national transporter.

Datsun begins bookings for new GO, GO models

Datsun begins bookings for new GO, GO models "We are confident that the new Datsun GO and GO offer a complete package with attractive design, power and performance to our customers in India," Nissan Motor India Director Sales and Commercial Hardeep Singh Brar said in a statement.

India Inc#39;s credit quality resilient in H1FY19; prolonged liquidity strain would be a key monitorable: CRISIL

India Inc#39;s credit quality resilient in H1FY19; prolonged liquidity strain would be a key monitorable: CRISIL After currency, the credit and equity markets have recently turned volatile, which has brought non-banks (non-banking finance companies and housing finance companies) into sharp focus, CRISIL said.

Lupin inks pact to distribute Eli Lilly#39;s diabetes injection in India

Lupin inks pact to distribute Eli Lilly#39;s diabetes injection in India Under the new partnership, Lupin will distribute and market Lilly#39;s Aplevant (dulaglutide), once a weekly injection for type 2 diabetes treatment, Lupin said in a regulatory filing.

Sunk costs: Airports taking action against rising seas, storms as climate changes

Sunk costs: Airports taking action against rising seas, storms as climate changes Global airport operators, faced with rising sea levels and more powerful storms as the climate changes, are starting to invest in measures including higher runways, seawalls and better drainage systems to future-proof immovable assets.

Ideas for Profit: Godrej Agrovet Indian Hotels attractive post-correction; accumulate

Ideas for Profit: Godrej Agrovet Indian Hotels attractive post-correction; accumulate With the growth story for both GAVL and IHCL intact, we find the current price level attractive and would recommend progressive accumulation.

Ideas for Profit: Godrej Agrovet Indian Hotels attractive post-correction; accumulate

Ideas for Profit: Godrej Agrovet Indian Hotels attractive post-correction; accumulate With the growth story for both GAVL and IHCL intact, we find the current price level attractive and would recommend progressive accumulation.

LT bags orders worth Rs 7,489 crore

LT bags orders worth Rs 7,489 crore The project involves construction of a 7.75 km costal road from Princess Street Flyover to Baroda Palace including an underground tunnel passing below Girgaum Chowpatty, Malabar Hills and Priyadarshini Park, it added.

LT bags orders worth Rs 7,489 crore

The project involves construction of a 7.75 km costal road from Princess Street Flyover to Baroda Palace including an underground tunnel passing below Girgaum Chowpatty, Malabar Hills and Priyadarshini Park, it added.

Aston Martin says stock market debut fully subscribed

Aston Martin says stock market debut fully subscribed The company, famed for making the sports car driven by fictional secret agent James Bond, is selling around 25 percent of its stock in the first initial public offering (IPO) by a British carmaker for decades.

Govt seeks to supersede ILFS board in Satyam-style takeover, proposes Uday Kotak as chairman

Govt seeks to supersede ILFS board in Satyam-style takeover, proposes Uday Kotak as chairman The government will take a Satyam-like approach to deal with ILFS situation.

#39;Many mutual funds will collapse if ILFS fails#39;: Govt seeks Satyam-like takeover of ILFS board

#39;Many mutual funds will collapse if ILFS fails#39;: Govt seeks Satyam-like takeover of ILFS board The government will take a Satyam-like approach to deal with ILFS situation.

Ashok Leyland sales up 26% at 19,373 units in September

Ashok Leyland sales up 26% at 19,373 units in September The company had sold 15,371 units in the same month last year, the company said in a statement.