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The argument put forward by the leaders of the BJP and others was that India did not depend on exports for its economic growth, and that the huge domestic market and the consumption it entailed was good enough to keep the economy in shape and the global developments were marginal. (Representational image)

Downgrades rise for firms in H1: Raters

Declining profitability and stretch in working capital cycles also were reasons for the downgrades.

2 Oct 2019 1:57 AM IST

Mahindra & Mahindra, Indias biggest utility vehicle maker, on Thursday rolled out a subscription-based service for retail buyers of its personal range of cars to boost sales ahead of festive season and amid worst slowing demand.

Mahindra to take control of Ford biz

The JV is expected to be operational by mid-2020, subject to regulatory approvals.

2 Oct 2019 1:53 AM IST

Car manufacturers in India, Asias third biggest car market, continued to bleed with sales in September going southward in higher double digit despite government sops last month.

Automakers bleed despite government sops

Hyundai's sales also dropped by 14.8 per cent at 40,705 units, down from 47,781 units it sold in the year ago period.

2 Oct 2019 1:51 AM IST

Paytm Mall is giving top players like Amazon and Flipkart a run for their money with its 100 per cent cashback policy. Photo: Twitter| @PaytmMall

Rajasthan HC issues notices to Amazon and Flipkart

The court will hear the case on October 15 and by then all the parties will have to submit reply of the notice.

2 Oct 2019 1:47 AM IST

E-Commerce platforms helping Indian sellers.

New customers from smaller cities come to e-tailers rescue

The number of transacting customers from tier 2 and beyond doubled on day 1 over The Big Billion Days of 2018.

2 Oct 2019 1:42 AM IST

A top IRDAI source told Financial Chronicle that the meeting was held in Hyderabad on February 19 and it was attended by 26 chairmen of both life and non-life insurance companies.

Travel insurance cover can't be default option: Regulator

The move aims at checking mis-selling of travel insurance through online ticket booking portals and apps.

2 Oct 2019 1:38 AM IST

Stability at speed is really impressive, but even more so in wet conditions thanks to the electronics.

The bike is right

The Triumph Tiger 800 XCx is virtually glitch-free, a joy to ride in the city and elsewhere, and our pick of the month...

2 Oct 2019 12:15 AM IST

The integration between Ford and Amazon is official and will be rolling out in the weeks to come.

Ford forms joint venture with Mahindra for India business

The two companies have for months been negotiating the deal, which will see Ford hold a 49 per cent stake in the new...

1 Oct 2019 6:04 PM IST

Shares of DHFL were up 4.5 per cent at 128.80 rupees.

No exposure to HDIL, PMC Bank, says DHFL

DHFL does not have any exposure to either of them, DHFL said in a regulatory filing.

1 Oct 2019 5:40 PM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

RBI begins policy review meet; rate cut on cards to boost economy

The six-member MPC is scheduled to announce the fourth bi-monthly monetary policy for 2019-20 on Friday, October 4.

1 Oct 2019 5:19 PM IST

Prior to its official unveiling earlier on this year, the Samsung Galaxy Fold was one of the brands best kept secrets as no leaks appeared.

Samsung to bring Galaxy Fold to Indian market later this month for Rs...

With Galaxy Fold, we are redefining the mobile phone category, this is device like no other, said Samsung's Ranjivjit...

1 Oct 2019 4:45 PM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Sensex tanks 362 points; Yes Bank crashes 22 per cent

Other major laggards were IndusInd Bank, SBI, Bharti Airtel, ONGC, Tata Steel and RIL -- falling as much as 6.30 pc.

1 Oct 2019 4:25 PM IST