Tata Motors' new H5 SUV will be on show at Auto Expo

Feb 06 2018

Tata Motors will put on display its new H5 5-7 seater SUV car based on the Land Rover Discovery Sport model at the Auto Expo beginning in nearby Greater Noida.

Delhi-based Cash Suvidha raises $2.5 million via debt funding

Feb 05 2018

Delhi-based microlending startup Cash Suvidha has raised a debt of USD 2.5 million (approx Rs 16 crore).

Kia Motors to showcase SUV SP Concept at Auto Expo

Jan 30 2018

Kia Motors said it will showcase SP Concept at the upcoming Auto Expo in line with its plans to introduce a new SUV in India.

Maserati rolls out new Levante in India priced at Rs 1.45 cr

Jan 29 2018

Maserati launched the updated version of its SUV Levante in India with price starting at Rs 1.45 crore (ex-showroom).

Tech use in enforcing labour laws to bring transparency:Survey

Jan 29 2018

The use of technology will help in effective enforcement of labour laws in the country and bring in more transparency and accountability, the Economic Survey said.

Tata Motors-owned JLR seeks lower GST on premium sedans, SUVs

Jan 26 2018

Tata Motors-owned Jaguar Land Rover (JLR) has sought reduction in GST rates on premium sedans and SUVs in order to help the luxury segment grow in the country.

Hyundai posts small profit rise, but sales, currency woes weigh

Jan 25 2018

Hyundai eked out a small 3 percent gain in quarterly net profit, but posted a fifth straight drop in annual earnings as a stronger local currency.

Maruti to showcase concept electric compact SUV at Auto Expo

Jan 24 2018

Maruti Suzuki will showcase a concept electric compact SUV, e-SURVIVOR at the upcoming Auto Expo reiterating its plans to launch an electric vehicle in India in 2020.

Ford launches Endeavour with sun roof variant at Rs 29.57 lakh

Jan 23 2018

Ford India launched a new variant of its premium SUV Ford Endeavour equipped with sun roof feature priced at Rs 29.57 lakh.

Skoda eyes 20 percent sales growth in India this year

Jan 22 2018

Skoda expects its sales to grow by up to 20 per cent to around 20,000 units in India this year riding on the back of a revamped product portfolio.

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US dollar ends higher against rupee

Mumbai: The US dollar ended sharply higher against the rupee at 64.21/22 per dollar and the pound sterling also finished higher at Rs 90.34/36 per pound at the close of the Interbank Foreign Exchange (forex) market here today.

Following are the Interbank forex and RBI rates: (In Rs per unit) Unit   Interbank   RBI Reference US Dollar  64.21/22  US Dollar  Rs 63.9097 Pound Sterling  90.34/36  Euro       Rs 80.1683 Euro   80.18/20 Japanese Yen (100) 60.50/52



Approves Allotment Of 24.9 Mn Shares On Preferential Basis To 8 Investors

Approves Allotment Of 24.9 Mn Shares At Rs 1,726.05/Share


To invest in Zoomcar India, Zoomcar Inc, U.S.

To invest Rs 176 cr in Zoomcar India

Initial investment in Zoomcar India likely to be completed by Feb 20

Additional investment in Zoomcar India expected to be completed by Aug 31

Co’s stake to increase to 16%


RBI inspection had found diversion of funds within group firms

Funds to the tune of Rs 525 cr given to intermediary borrowing cos

Religare Finvest increased corporate loan book against RBI’s directions

RBI has asked for clarity on rollover of fixed deposits with a bank

Findings suggested continued weakness of internal controls

Economic Times Reports


SC Allows Sale Of Fortis Health Shares Pledged With Lenders

SC allows Axis Bank, Yes Bank to sell, transfer pledged share of Fortis

Earlier, SC had restrained financial institutions from selling pledged shares

Business Standard Reports


Granted European GMP certification from Hungarian regulators for Mfg plant at Goa

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