Tesla’s entry in India a natural progression: Elon Musk
New Delhi, April 9 - The entry of Tesla in India, as the company scouts for factory land, will be a natural progression, its CEO Elon Musk has said, as the country gears up for mobility transformation.
Bajaj Allianz Life introduces premium payment options on WhatsApp
New Delhi, April 9 - Bajaj Allianz Life Insurance on Tuesday said that it partnered with Meta to introduce premium payment options on WhatsApp for customers to seamlessly manage their policies and payments all in one place.
EV firm Ultraviolette unveils industry-1st coverage up to 8 lakh kms for F77 e-bike
Bengaluru, April 9 - Global EV company Ultraviolette Automotive on Tuesday announced an industry-leading battery and drivetrain warranty structure for its flagship electric motorcycle called F77 that offers coverage spanning up to 800,000 kms.
PayU partners PayPal to improve cross-border payments for Indian merchants
New Delhi, April 9 - Leading online payment solutions provider PayU on Tuesday announced its partnership with the US-based fintech company PayPal to enhance the cross-border payment experience for Indian merchants.
Maruti Suzuki India’s new vehicle assembly plant starts rolling out cars
Chennai, April 9 - Passenger car major Maruti Suzuki India Limited on Tuesday said its new vehicle assembly line at its Manesar facility went on stream rolling out its Ertiga model first.
MSCI India index rebalancing could see inclusion of 18 stocks with inflow of $2.7 bn
New Delhi, April 9 - MSCI India Standard Index rebalancing announcement scheduled on May 14 is expected to see one of the largest inclusions of 18 stocks with inflows of $2.7 billion.
Govt bonds worth Rs 30,000 crore to come up for auction on April 12
New Delhi, April 8 - The Finance Ministry on Monday announced the sale of government bonds worth Rs 30,000 crore in three different categories that will be put up for auction by the RBI’s Mumbai Office on April 12 (Friday).
REC loans for green projects record 6-fold jump to Rs 1.37 lakh crore
New Delhi, April 8 - Government-owned power finance giant REC has recorded an over 6-fold jump to Rs 1,36,516 crore in loans sanctioned for renewable energy projects during 2023-24 compared to the corresponding figure of Rs 21,371 crore in 2022-23, official figures released
RBI Governor seeks better deal for retail customers in forex market
Mumbai, April 8 - RBI Governor Shaktikanta Das on Monday emphasised the need to give retail customers a fair deal in foreign exchange markets that is at par with large customers.
Swiggy now delivers to houseboats on Dal Lake in Srinagar
New Delhi, April 8 - Online food delivery platform Swiggy on Monday said that it now delivers to tourists staying on houseboats on Dal Lake in Srinagar.
Nifty gains for third consecutive week
Mumbai, April 5 - On the weekly charts, Nifty rose 0.84 per cent, up for the third consecutive week, said Deepak Jasani, Head of Retail Research, HDFC Securities.
Nifty closes flat after RBI keeps repo rate unchanged
Mumbai, April 5 - The Nifty recovered from intraday lower levels to close flat on Friday after the RBI kept the repo rate unchanged at 6.5 per cent for the seventh consecutive time, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal
Retail investors can lock in high yields across fixed income products, say analysts
New Delhi, April 5 - For retail investors, this is a great time to invest in fixed-income products and they can continue to enjoy and lock in high yields now across various products such as government bonds, corporate bonds, and fixed deposit (FD)
‘Rising crude oil prices pose headwinds for Indian markets’
New Delhi, April 5 - The Middle East skirmishes have pushed up Brent crude to $91 and if oil continues to rise that can pose macro headwinds for India, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
RBI projects GDP growth at 7 pc for 2024-25, retail inflation seen at 4.5 pc
Mumbai, April 5 - India's GDP growth for 2024-25 is projected at 7 per cent while the forecast for inflation for the year has been retained at 4.5 per cent, RBI Governor Shaktikanta Das said on Friday.
EV sales drop 25 pc in S. Korea, hybrid car sales jump
Seoul, April 5 - Electric vehicle (EV) sales in South Korea plunged 25 per cent in the first quarter from a year earlier, while gasoline hybrid model sales jumped 46 per cent during the same period, according to a market report on Friday.
Income Tax Dept throws open e-portal for filing ITRs
New Delhi, April 4 - Central Board of Direct Taxes (CBDT) on Thursday said that has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment Year 2024-25 (relevant to Financial Year 2023-24) from 1st April, 2024 onwards.
When the going gets tough, Mahindra gets going: Chairman on rising stock
New Delhi, April 4 - Mahindra Group Chairman Anand Mahindra on Thursday hailed teams in his Group companies for charting a new course and getting them back on customary growth trajectory.
Gold to remain in spotlight as many countries go to polls this year
New Delhi, April 4 - From the beginning of 2024, gold has been on a strong footing having risen by 6 per cent as against the broader equity market says Naveen KR, smallcase Manager & Senior Director, Windmill Capital.
Vedanta to raise Rs 2,500 crore in non-convertible debentures
New Delhi, April 4 - Vedanta Limited is seeking to raise up to Rs 2,500 crore in non-convertible debentures.