India is the fifth most important market for Daimler trucks, with DICV serving not only the growing domestic demand but also more than 50 export destinations across the globe including markets in Africa, Asia, Latin America,
New age direct-to-consumer (D2C) brands could have a $100-billion addressable market by 2025. Avendus Capital, which has done a deep dive into this segment, said that low brand penetration and high customer reach provide sign
Magnite is the auto company’s first product under the Nissan Next strategy that focusses on the 'Make-in-India, make for the world' initiative, and will be introduced in the second half of FY 2020-21. With this launch, Niss
The Sebi is examining the investor protection fund (IPF) and would soon increase it, chairman Ajay Tyagi said. At the CII Financial Markets Summit, he also explained the reason behind the 10% cap on single stock investment by
The parliamentary standing committee on labour on Wednesday asked the government to take decision expeditiously on enhancing the monthly minimum pension under the employees’ pension scheme, 1995 run by employees’ providen
UltraTech Cement's consolidated net profit more than doubled to Rs 1,234 crore on a year-on-year (y-o-y) basis for the quarter ended September 30, on the back of operational efficiencies and lower finance cost.
Ahead of the festive season, the Cabinet on Wednesday decided to pay productivity-linked (PL) and ad-hoc bonuses immediately to nearly 31 lakh non-gazetted government/ public undertakings staff for FY20, a move that involves
Leading real state developer DLF has inked an anchor deal with Standard Chartered GBS under which the multinational firm is leasing 7.7 lakh sq-ft at DLF Downtown in Chennai, to set-up its largest office establishment globall
A public policy think tank for digital users in India has said setting a floor price for telecom tariffs is a good option to improve the health of the sector so that the operators provide quality service to consumers and inve
Bajaj Finance, a non-banking finance company, on Wednesday reported a steep 36% year-on-year fall in net profit to Rs 965 crore for the quarter ended September on higher loan losses, provisioning and a drop in new loans booke
Mercedes-Benz India MD & CEO Martin Schwenk said the decision to locally produce AMG in India underlines Mercedes-Benz’s clear road map for the Indian market and the long-term commitment to Indian customers.
The review, it said, follows an increase in refinancing risk and significant funding needs at the holding company level following Vedanta Resources' failure to acquire the balance shareholding in key subsidiary Vedanta Ltd th