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The gifting industry in the country is expected to touch USD 84 billion by 2024 from USD 65 million, at present, according to a report.

Gifting industry expected to touch USD 84 billion by 2024

The gifting industry in the country is expected to touch USD 84 billion by 2024 from USD 65 million, at present.

22 April 2018 5:46 PM IST

Electronics major Samsung India on Thursday said it has signed up as the Principal Sponsor of Mumbai Indians.

Samsung eyes 40 per cent share of Indian microwave market

Samsung range of microwaves are presently available at its network of around 29,000 dealers.

22 April 2018 5:04 PM IST

German luxury carmaker BMW expects 50 per cent of sales in India to come from SUVs under its X series, according to a top company official.

BMW expects 50 pc of sales in India to come from X series SUVs

It is looking at double-digit growth for the full year despite challenges of price hike due to increase in customs duty.

22 April 2018 2:14 PM IST

Pradhan Mantri Jan Dhan Yojana was launched in August 2014 to increase banking penetration and promote financial inclusion in the country.

Deposits in Jan Dhan accounts cross Rs 80,000 crore

India's financial inclusion efforts have won recognition from the World Bank.

22 April 2018 1:56 PM IST

Volvo Cars seeks incentives to push hybrid vehicles in India

Volvo Cars is also considering engine assembly line at its Bengaluru plant to reduce import duties.

22 April 2018 1:48 PM IST

Coal shortage is still affecting the efficacy or capacity utilisation (Plant Load Factor) of independent power projects in the country.

No question of coal shortage during monsoon: Susheel Kumar

Coal Ministry said it has sufficient stocks to meet the demand of power plants.

22 April 2018 1:40 PM IST

Tata Motors is gearing up for Turnaround 2.0 to make its passenger vehicles (PV) financially self sustainable, buoyed by the success of its commercial vehicles (CV) in the last financial year, ended March 31.

Tata Motors turnaround plan to boost CV market share to 44 pc

Tata Motors sold a total of 3,76,456 units of CVs in 2017-18.

22 April 2018 1:30 PM IST

In its first board meeting after a controversy erupted involving Chanda Kochhar and the Videocon Group, leading private lender ICICI Bank examined insolvency cases pending before the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016.

Sebi may seek forensic probe of ICICI Bank books, disclosures

The capital markets regulator will also consult the Reserve Bank of India (RBI) on the matter.

22 April 2018 1:18 PM IST

Last month Idea announced plans to raise a total 67.5 billion rupees ahead of proposed merger

Idea's proposal seeking 100 pc FDI under consideration of DIPP

The proposal assumes significance against the backdrop of pending merger of Idea Cellular Ltd and Vodafone India.

22 April 2018 1:08 PM IST

Nirav Modi and Mehul Choksi, key accused in Rs. 11, 400 crore Punjab National Bank scam. (Photo: PTI)

PNB scam: Govt intervenes in Nirav Modi firms' bankruptcy case in US

Some Nirav Modi firms filing for bankruptcy in the US would jeopardise the interests of Punjab National Bank.

22 April 2018 12:49 PM IST

Parliament passed the Real Estate Regulatory Authority Act in March 2016.

Supply of new homes down 60 per cent in Jan-Mar: report

Real estate developers across nine major cities launched only 27,800 units during March quarter.

22 April 2018 12:03 PM IST

A recent report by the Telecom Regulatory Authority of India (TRAI) has noted that the gross revenue of telecom services providers fell 8.1 per cent while the licence fee collected by the government dropped by 16 per cent year-on-year in the quarter ended December 31, 2017.

Trai views on data privacy, security in telecom sector: R S Sharma

Trai had floated a consultation paper on the privacy, security and ownership of data in telecom sector last year.

22 April 2018 11:56 AM IST