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Mahindra MSTC Recycling Pvt Ltd, has a paid up capital of Rs 20 lakh and MIL has an initial subscription of Rs 10 lakh.

Mahindra sales down 4 pc at 36,363 units in Dec

The auto industry continues to go through challenging times, grappling with the short-term effects of demonetisation.

2 Jan 2017 2:58 PM IST

PEs fell back on a variety of models to exit, including strategic sales, secondary deals and initial public offerings.

PEs pull out record $10.3 bn after solid show in 2015

The total PE exits rose 1 per cent to USD 10.3 billion, from USD 9.4 billion in 2015.

2 Jan 2017 2:39 PM IST

It might seem logical that a single woman should have more gold to fall back on as she has to fend for herself. (Representational image)

Gold up Rs 133 as speculators create position

Gold is trading at Rs 27,500 per 10 grams.

2 Jan 2017 11:34 AM IST

The index came in below the crucial 50 threshold -- which separates contraction from expansion -- for the first time in 2016 in December.

Manufacturing PMI contracts in Dec after cash ban

Nikkei Markit India Manufacturing PMI -- an indicator of manufacturing activity -- fell to 49.6, down from 52.3 in Nov.

2 Jan 2017 11:29 AM IST

Its commercial vehicle sales, the firm said, stood at 22,217 units during the month under review as compared to 41,221 units in the year-ago period

Bajaj Auto sales down 22 per cent in December

Motorcycle sales during the month decreased by 18 per cent to 2,03,312 units from 2,47,782 units in the same month in...

2 Jan 2017 10:58 AM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Sensex down 132 points in subdued start to new year

The broad-based NSE Nifty was down 44.80 points, or 0.54 per cent, to 8,141.

2 Jan 2017 10:10 AM IST

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

Hyundai group aims to sell 8.25 mn cars in 2017

Hyundai-Kia jointly sold a little over 7 million units from January to November in 2016.

2 Jan 2017 9:57 AM IST

Banks received 3 trillion rupees ($44.4 billion) of 500- and 1,000-rupee notes over the last four days.

Rupee down 5 paise in early trade today

Rupee is trading at 67.97 against the US dollar on the first trading day of 2017.

2 Jan 2017 9:50 AM IST

The official non-manufacturing Purchasing Managers Index (PMI) stood at 54.5 in December, down from 54.7 in November, but well above the 50-point mark. (Representational Image)

Growth in China's factories, services slows in Dec

China's GDP still looks set to hit Beijing's 2016 growth target of 6.5 to 7 per cent.

2 Jan 2017 7:45 AM IST

CBDT has made available in the Compliance Module on the e-filing portal of the Income Tax Department the information relating to the identified non-filers.

Survey seeks higher tax cap

NPS is subject to income tax under the EET regime withdrawals from NPS are taxed to the extent of 60 per cent.

2 Jan 2017 2:10 AM IST

Pension Fund Regulatory and Development Authority (PFRDA), in October 2013, had allowed acceptance of e-KYC as a valid process for Know Your Customer verification in addition to the other permitted ID and address proof.

Open pension account through Aadhaar number

NPS is the government's flagship social security programme.

2 Jan 2017 2:09 AM IST

The companys domestic sales (wholesales) declined 8.32 per cent to 40,016 units in November 2016 compared with 43,651 in November 2015.

Hyundai sees normalcy after April

Hyundai had given 10 per cent extra discount in December to offset the note ban impact.

2 Jan 2017 2:09 AM IST