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The piled-up auto inventory currently stands at 5 lakh passenger vehicles valued at USD 5 billion and 3million two-wheelers valued at USD 2.5 billion.

Companies turning to Agile sales & marketing models to accelerate...

Recent reports also reveal that over 12.76 lakh houses are lying unsold in top 30 Indian cities.

21 Dec 2019 2:42 PM IST

A variety of factors that include a changing lifestyle, unhealthy food habits and increasing stress levels are contributing to an unprecedented increase in critical illnesses.

Critical Illness Insurance: For the needs you cannot anticipate

A critical illness is something that not only attacks your health but also your wealth.

21 Dec 2019 1:58 PM IST

Fitch estimates that the banking sector will require around USD 90 billion in new total capital by 2018-19 fiscal to meet Basel-III standards and ongoing business needs.

Fitch cuts India GDP growth forecast to 4.6 pc in FY20

Fitch reaffirmed India's rating at 'BBB-' with a Stable Outlook saying the rating balances a strong medium-term growth...

20 Dec 2019 5:04 PM IST

Top gainers in the Sensex pack included ICICI Bank, Infosys, HDFC, IndusInd Bank, Tata Motors, Kotak Bank, Axis Bank, L&T, Yes Bank and HUL, spurting up to 2.64 per cent. (Photo: File | PTI)

Sensex, Nifty inch up to record highs; Tata Steel spurts 3 pc

Settling at a record high for the fourth consecutive session, 30-share BSE Sensex closed 7.62 points higher at...

20 Dec 2019 4:48 PM IST

During the quarter, the company sold a total of 1,10,824 vehicles as against 1,41,163 units in the corresponding period last fiscal, down 21 per cent.

Mahindra announces succession plan, Anand Mahindra to become non-exec...

Anish Shah will transition to become Managing Director and CEO on April 2, 2021, replacing Goenka, who will retire after...

20 Dec 2019 3:28 PM IST

PE/VC funding in the first eight months has surpassed the previous record high yearly investment of 2018 and is expected to touch $50 billion this year.

Investments via P-notes decline to Rs 69,670 cr at Nov-end

The total value of investments via P-notes in the Indian markets declined by Rs 7,103 crore to Rs 69,670 at Nov-end.

20 Dec 2019 1:18 PM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Crude oil futures slip on domestic cues

Analysts said the fall in crude oil futures was mostly due to trimming of positions by traders.

20 Dec 2019 12:56 PM IST

Chief Justice of India T S Thakur. (Photo: PTI)

Fraud-hit CG Power appoints former CJI T S Thakur as head of...

The forensic investigation will be greatly benefited from the oversight, guidance and opinion of Justice Thakur, the...

20 Dec 2019 11:18 AM IST

And in the period ending June 30 - the first quarter of the current financial year - write-offs amounted to 445.77 billion rupees (USD 6.31 billion), the data showed.

Rupee opens 12 paise down at 71.15 against US dollar

Forex traders said cautious opening in domestic equities weighed on the rupee.

20 Dec 2019 10:23 AM IST

Over the last week, the 30-share BSE Sensex zoomed 1,106.97 points or 2.83 per cent. (Photo: File)

Sensex jumps over 100 points to scale fresh peak; Nifty nears 12,300

The 30-share BSE Sensex was trading 102.51 points or 0.25 per cent higher at 41,776.43 in opening session.

20 Dec 2019 9:56 AM IST

Hyundai sells several low-priced vehicles in India, which could pose a challenge in terms of market positioning for Kia.

Hyundai to drive in Aura compact sedan in January

The South Korean carmaker has invested Rs 1,000 crore to design and develop this new car for the Indian.

20 Dec 2019 1:46 AM IST

Under GST (Compensation to States) Act, if a states GST revenue does not grow by at least 14 per cent over the base year of 2015-16, the Centre has to pay it the difference every two months.

Kerala seeks better data access to get out of GST compensation

"These states are heavy borrowers and the government entities also come to markets for borrowing," said Aditi Nayar,...

20 Dec 2019 1:42 AM IST