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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

The Merchandise Exports from India Scheme (MEIS) was discontinued from August 1. Though it was reinstated later for other export sectors, it is still not available for apparels and made-ups.

Apparel exporters await Rs 5,000 crore refunds

The Merchandise Exports from India Scheme (MEIS) was discontinued from August 1.

20 Dec 2019 1:37 AM IST

The group flagship Tata Consultancy Services, which has the second largest market capitalisation, gained 2.83 per cent on the BSE, closing at Rs 2,228.65 and its market capitalisation stood at Rs 8,36, 275.22 crore.

Market shrugs off ruling against Tata

Most other Tata Group stocks closed in the green with humble gains, including Tata Power, Titan Company, Tata Coffee,...

20 Dec 2019 1:34 AM IST

Reserve Bank of India

MPC minutes hint at rate cut in February

Green shoots seen, capex cycle may be turning up.

20 Dec 2019 1:31 AM IST

Onions may not be a staple , at less than one per cent of Indias total food production, or about 800 grams a month per person per month on average, but the bulb is not inessential.

High onion prices figured prominently in RBI MPC meeting, minutes show

The six-member MPC had kept the repo rate unchanged on December 5 despite moderation in economic growth and easing...

19 Dec 2019 7:37 PM IST