Tata Nexon EV to be launched as a connected car: ZConnect features explained!
What is Tata Motors ZConnect?
Customers in Delhi-NCR can now buy Hyundai cars like Grand i10 Nios, Creta and more online, here’s how
Hyundai Motor India will be the second manufacturer after Maruti Suzuki to offer the entire car buying process at the customers’ door step.
China’s Great Wall Motors to buy GM India’s last plant: India launch at Auto Expo 2020
China’s biggest SUV maker, GWM will officially debut its Haval brand and electric vehicles at the upcoming Auto Expo and launch its Indian market plan.
RIL posts record high of Rs 11,640 cr, beats estimates to post 13.5% hike in Q3 2019
RIL’s consolidated other income for the third quarter stood at Rs 3,645 crore which forms about 31% of its net income for the quarter.
Reliance Jio Q3 profit rises 36.4% to Rs 1,350 crore in December quarter
Average revenue per user in Q3 rose to Rs 128 compared with Rs 127 in the previous quarter.
Franklin MF marks down its entire Vodafone Idea investments to zero
Even as the rating on the debt instruments of Vodafone Idea remain above investment grade, Franklin MF marked down its investments as the current situation remains unclear.
Jeff Bezos says Amazon to create 1 million jobs in India by 2025
Govt welcomes investments that come under e-comm laws in India, says Union minister Piyush Goyal.
Revenue dept sets monthly GST target of Rs 1.18L cr in Q4, to clamp down on fraudulent input tax credit to achieve goal
In the previous review meeting in mid-December last year, revenue department had put GST collection target at Rs 1.14 lakh crore per month.
Paytm eyes aggressive expansion in Gujarat, aims to double merchants onboard by FY21 end
The company's recent initiative of All-in-one QR across the country would held to achieve the target of doubling merchant base in the state.
IUC Boost: Reliance Jio net profit up 36.4% in December quarter
Average revenue per user in Q3 rose to Rs 128 compared with Rs 127 in the previous quarter.
Reliance Retail revenues cross Rs 45,000-crore mark, margins grow 110 bps
Operating income for the December quarter stands at Rs 2,727 crore, up 62.3%.
Liberty House: NCLAT asks to file affidavit by January 20
The National Company Law Appellate Tribunal (NCLAT) on Friday asked the UK-based Liberty House to file a revised affidavit by January 20.
Operational efficiencies, margin expansion aid TCS numbers in Q3
In terms of growth metrics, rival Infosys continued to do better in the quarter-ended December, registering a 9.5% growth year-on-year.
Food delivery app Zomato raises Rs 354 crore in fresh funding from Antfin Singapore
Zomato has raised $50 million (Rs 353.58 crore) in fresh funding from Antfin Singapore, according to the company's filings sourced from business intelligence platform Tofler.
Piramal sells DRG business to Clarivate Analytics for $950 million
PEL will use the money to reduce debt and to explore organic and inorganic growth opportunities.
DHFL CoC to vote on selling company in three parts
The committee of creditors held the meeting to discuss the criteria for potential bidders for the beleaguered NBFC.
ICICI Lombard Q3 net profit rises 23%
In terms of product mix, motor insurance, which includes mother third party and motor own damage, was at 50% for the nine months of FY20.
Norms for rights issues of REITs, InvITs announced
The minimum subscription to be received in the rights issue should be 90% of the issue size through the letter of offer.
Not so sweet! Sugar production till January 15 falls by 26% to 10.88 MT
Only 440 sugar mills were in operation as compared to 511 mills in the period ended January 15, 2019
December vegetable oil imports shrink 7%
The overall imports of vegetable oils during November-December 2019 stood at 2.255 lakh tonne, which was down by 4% against 2.345 lakh tonne recorded a year ago.
Gold loan market may touch Rs 4.61 lakh crore by 2022: KPMG
As 2019 saw prices of the precious metal reaching an all-time high, the gold loan companies will be more conservative in their approach towards disbursing loans until prices stabilise.
Shocking crime and conviction data! Kerala, Delhi register highest crime rate
When it comes to the total IPC and SLL crimes’ cognisable rate, Kerala (1463.2) is the state with the most crime rate, followed by the capital Delhi (1342.5).
Setback for Telcos on AGR: No relief as SC rejects review plea, asked to pay Rs 4-lakh-crore dues
Telecom operators and non-telecom PSUs together now need to pay over Rs 4-lakh-crore dues within a week.
Battle for AIL boardroom: Will wait for some more time, says Valli Arunachalam
Arunachalam believes that since the majority stake of 91% is held by family members, a shareholders’ meeting could have been called immediately post November board meeting and an approval given for her induction into the bo
Relief to PSU bankers and PFI staff, CVC extends safety net
In the latest order, the CVC has also renamed the body as the ‘Advisory Board for Banking and Financial Frauds (ABBFF)’ from the Advisory Board for Banking Frauds, which was formed on August 21, 2019.
Belgium court appoints interim directors to evaluate CG Power arms
CG Power and Industrial Solutions on Thursday said the Commercial Court in Mechelen, Belgium, has appointed two interim directors on the board of its stressed subsidiaries CG Holdings Belgium NV (HBE) and CG Power Systems Bel
NCLAT asks IL&FS board for proceeds distribution formula
Creditors have already expressed reservations over the government’s proposed distribution framework
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Budget 2020
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- Budget 2020: Rising inflation, mounting fiscal deficit; what govt can do in coming budget
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- Budget 2020: AMFI wants debt tax-saving fund, relief on DDT, SST, LTCG, parity with NPS, ULIP
- Budget 2020: Amfi seeks similar tax treatment for Mutual Funds, Ulips
- Budget 2020: Tweak Chapter VI-A deductions to give relief to taxpayers
- Budget 2020: Tweak in IPO, ESOP norms; new funds, more on startups' wish list for FM Sitharaman
- Budget 2020: Banned since 2018, cryptocurrency market seeks clarity on regulations from FM Sitharaman
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