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Consumption Fund from ICICI Prudential Mutual Fund

ICICI Prudential Bharat Consumption Fund, an open-ended equity scheme following the consumption theme.

28 March 2019 2:28 AM IST

The size of the Indian bicycle market at present is 16.5 lakh units and the premium bicycle market is about 350,000 units annually.

Two GoZero premium e-bikes launched

GoZero One is powered with 400Wh lithium battery pack which is optimized to provide 60 kms of range on single charge.

28 March 2019 2:20 AM IST

Royal Enfield, the global leader in the mid-size motorcycle segment, has finally launched the Trials badged Bullets in a 350 and a 500 variant priced at Rs 1.62 lakh and Rs 2.07 lakh respectively.

Royal Enfield rolls out Trials

The Bullet Trials 350cc gets a red painted chassis while the Bullet 500cc receives a green painted frame.

28 March 2019 2:15 AM IST

The loans requirement in India is estimated to be $ 1.5 trillion by 2020 and it is growing by 18 per cent CAGR.

India now a key market for Marks and Spencer

Marks and Spencer has 1,463 stores worldwide, of which 1,000 stores are located in UK.

28 March 2019 2:09 AM IST

A few countries are emerging as potential markets for Indian apparel exports, registering significant growth in off take.

Four promising apparel markets open up for India

The United Kingdom has reported 51 per cent growth in exports in 2018 to $ 2.38 billion from $ 1.57 billion in 2017.

28 March 2019 2:02 AM IST

The investment of Rs 8,000 crore will comprise Rs 1,000 crore equity infusion in GMR Airports and Rs 7,000 crore towards purchase of GMR Airports equity shares from GMR Infrastructure and its subsidiaries.

Tatas to enter airport biz with GMR stake buy

Deal will help the company cut its debt and also provide an exit for private equity investors.

28 March 2019 1:57 AM IST

The real estate sector has been limping from the past one year due to major reforms in the market brought by the centre.

Hyderabad realty sees sudden jump in PE play

The growth was largely led by commercial space where Phoenix group received PE money through multiple deals.

28 March 2019 1:10 AM IST

After Plunging 332 points in the intra-day trade, the Sensex staged a marginal recovery on short covering to end the session at 31,702.25, down 189.98 points or 0.60%.

Nifty may hold on to March gains

The broader markets outperformed the benchmark as BSE Mid-Cap and Small-Cap both registered gains of over half per cent.

28 March 2019 1:04 AM IST

According to the Rs 3,965.06-cr resolution plan by Sanghi, Rs 50 cr would be paid upfront, followed by Rs 75 cr over the next 12 months and the remaining in staggered payments over the next in 15 years.

Jyoti Structures goes to Sharad Sanghi

Sanghi's resolution plan was voted by 62.66 per cent of lenders, while 23.12 per cent voted against, and 14.21 per cent...

28 March 2019 12:55 AM IST

Hyundai Motors, Indias second biggest car maker by sales, has announced the name for its first-ever compact SUV called Hyundai Venue.

Name is Venue, says Hyundai

Venue is likely to be powered by a 100HP, 1.4-litre petrol & a 90HP, 1.4-litre diesel engine.

28 March 2019 12:17 AM IST

Moodys has downgraded Chinas long-term rating by one notch from Aa3 to A1 as the Chinese government grapples with the challenges of rising financial risks stemming from years of credit-fueled stimulus.

Moody's retains stable outlook for Power Finance Corp, Rural...

The ratings agency Moody's has confirmed the Baa3 issuer ratings of PFC and REC.

27 March 2019 7:48 PM IST

Changes in APEDA Act, Essential Commodities Act required to help...

Changes required to help farmers get better prices of their produce, said Niti Aayog CEO Amitabh Kant.

27 March 2019 7:29 PM IST