Home » Business

Business - Page 51

Fund managers believe mutual funds, which are considered popular and convenient investment tools, have advocated asset allocation-based strategies to make the journey smoother for investors.

July inflows into equity MFs at Rs 22K cr

The inflows in growth/equity oriented schemes jumped from lows of Rs 5,988 crore in June to Rs 22,583.52 crore in July

10 Aug 2021 8:53 AM IST

Even on a monthly basis, the July automobile retail sales across all categories grew 28 per cent to 15,56,777 units against 12,17,151 units in June. Representational image/DC file photo

Vehicle retail sales see strong recovery

On year-on-year basis, all categories were in the green with two-wheelers up by 28%, three-wheelers up by 83%, passenger...

10 Aug 2021 8:02 AM IST

The new model also gets complimentary five-year warranty and Road-Side Assistance (RSA). audi.com

Audi RS 5 Sportback unveiled at Rs 1.04 cr

The updated RS 5 Sportback, which is brought to the country via the CBU route, receives a revised exterior design

10 Aug 2021 7:47 AM IST

Walmarts Flipkart eyes alcohol delivery foray with Indian startup, letters show. (PTI Photo)

Flipkart gets $1.35-bn ED notice

The case pertains to an investigation by ED into allegations of attracting foreign investment by Flipkart and WS Retail

6 Aug 2021 11:35 AM IST

An investor outside the stock market, the BSE. (Photo: File/PTI)

Sensex breaches 54K mark for first time, HDFC jumps 4.6 pc

Among stocks, home loan lender HDFC moved up by 4.6 per cent to Rs 2,672 per share

4 Aug 2021 5:58 PM IST

Gold prices edged higher on Monday, holding above the key $1,800-per-ounce level. (PTI Photo)

Gold gains Rs 123; silver zooms Rs 766

Silver also zoomed Rs 766 to Rs 66,926 per kilogram from Rs 66,160 per kilogram in the previous trade

4 Aug 2021 5:06 PM IST

Power distribution companies are estimated to have suffered a loss of Rs 90,000 crore in FY21, according to Niti Aayog. Representational Image. (Twitter)

Discoms may incur '75,000 cr loss in FY22

The pandemic and the subsequent lockdown seriously damaged discoms' finances

4 Aug 2021 3:02 AM IST

On Tuesday ACMA said the turnover of the automotive component industry fell 3 per cent year-on-year at Rs 3.4 lakh crore ($45.9 billion) in FY21. (Twitter)

Auto component industry turnover falls for 2nd year

This is for the second year in a row that the industry's turnover mov-ed to the negative zone

4 Aug 2021 2:26 AM IST

PepsiCo Inc witnesses double-digit fall in beverage sales in India. (AFP Photo)

PepsiCo to sell Tropicana, other juices, in $3.3B deal

PepsiCo bought Tropicana in 1998 and the Naked juice brand, also part of the sale Tuesday, about 10 years later

3 Aug 2021 8:02 PM IST

Tesla overcame a seven-week pandemic-related shutdown at its California assembly plant to post a surprising $104 million net profit for the second quarter. (AFP Photo)

Indian auto part makers want Tesla's entry to benefit local companies

Tesla Inc Chief Exec Elon Musk said in July that the company was likely to set up a factory in India if successful with...

3 Aug 2021 7:26 PM IST

HDFC Banks valuation zoomed Rs 61,612.11 crore to reach Rs 5,21,660.14 crore. (PTI Photo)

HDFC Q1 profit falls 1.7% to Rs 3000 cr

The company said the profit numbers for the quarter are not directly comparable with those of the previous year

3 Aug 2021 8:52 AM IST

The Nikkei India Manufacturing Purchasing Managers Index (PMI) fell to 50.3 in October, from 51.2 in September, indicating a broad stagnation in the manufacturing sector.

Manufacturing PMI jumps to 55.3 in July

According to monthly IHS Markit India Manufacturing Purchasing Managers' Index survey, the index moved above the...

3 Aug 2021 8:51 AM IST