industry
  • Maruti Suzuki India Recalls 40,618 Of Budget Four-Wheeler WagonR Aug 23, 2019

    Maruti Suzuki India said on Friday it would recall 40,618 of budget four-wheeler WagonR manufactured between November 15, 2018 and August 12, 2019.

  • Xiaomi Banks On Phone Data For Finance Play In India Aug 23, 2019

    China’s Xiaomi is poised to launch a consumer lending business in India in the coming weeks, making an ambitious tilt at the booming financial services market where data privacy concerns and fierce competition present formidable challenges.

  • Amazon To Acquire 49% Stake In Future Coupons Aug 23, 2019

    In a regulatory filing late on Thursday, Future Retail said Amazon has agreed to acquire a 49 per cent stake in Future Coupons. That entity in turn owns a 7.3 per cent interest in Future Retail, according to prior regulatory filings.

  • Book on the untold Flipkart story to launch in Oct Aug 23, 2019

    IIT graduates Sachin Bansal and Binny Bansal founded out of an apartment in Bangalore (now Bengaluru) what would become Indias biggest e-commerce start-up. Recounting the astounding story of how the Bansals built Flipkart into a multi-billion-dollar powerhouse in a span of few years, journalist Mihir Dalal has penned a new book.

  • Thyssenkrupp Files Complaint Over Brussels' Veto On Tata JV Aug 22, 2019

    Thyssenkrupp on Thursday said it was filing a complaint with a European court to dispute an antitrust decision that blocks a planned joint venture with Tata Steel.

  • Parle Products May Cut Up To 10,000 Jobs As Slowdown Bites Aug 21, 2019

    Parle Products, a leading Indian biscuit maker, might lay off up to 10,000 workers as slowing economic growth and falling demand in the rural heartland could cause production cuts, a company executive said on Wednesday.

  • Ever Heard Of A 13-Hour Long Board Meeting? Aug 21, 2019

    Gautam Thapar-promoted CG Power and Industrial Solutions, after a gruelling 13-hour long board meeting on Tuesday, said an investigation by its board found major governance and financial lapses, with liabilities of the company and the group potentially being understated by hundreds of crores of rupees.

  • Indian Media, Entertainment Industry To Hit Rs 3 Tn By 2024 Aug 20, 2019

    Riding on the growing digital consumption via smartphones along with ultra-cheap data plans, the media and entertainment industry in India is likely to reach Rs 3.07 trillion by the financial year 2024, a new report said on Tuesday.

  • Grounding Of Air India Jets Puts Spotlight On Maintenance Aug 20, 2019

    Grounding of aircraft has cost Air India dearly but frequent breakdowns of its flights in foreign cities such as Paris, Chicago and Tel Aviv has taken a heavy toll on the airline's precarious finances in recent months.

  • Visa Critical Of India's Move Towards No-Fee Debit Card Transactions Aug 20, 2019

    Global card payments group Visa is critical of the Indian government’s decision to boost adoption of electronic payments by requiring banks and card payment networks to offer no-fee debit card transactions, a senior Visa executive said.

  • Elon Musk relaunches Tesla solar panel business Aug 19, 2019

    Multi-billionaire tech mogul Elon Musk has relaunched Tesla's solar panel services, claiming that it could save a user about $500 a year.

  • SBI Extends Credit Period For Auto Dealers By 15-30 Days Aug 19, 2019

    Country's largest lender State Bank of India on Sunday said that it is extending the repayment period for stressed automobile dealers by 15-30 days to help them out of current inventory builds-ups due to the slowdown in the sector and in economy.

  • Gold may surge to Rs 40,000 per 10 gram by Diwali Aug 18, 2019

    Amid global growth concerns and heightened trade tensions between the US and China, gold prices might cross the Rs 40,000 mark by Diwali, analysts have said.

  • 'The great gold bull market has begun' Aug 17, 2019

    Gold prices have hit a record high amid a rush for safe haven assets owing to the fears of a recession. Goehring & Rozencwajg, a research firm which focuses on investments in natural resources, says the great gold bull market has begun.

  • Gold may remain overvalued in relation to oil for long Aug 17, 2019

    As gold prices have been soaring for some time now, experts feel the yellow metal will stay higher in comparison to the oil prices for a prolonged period.