Despite Investment of $6.5 Billion, Profit Stays Elusive for Amazon India: Bernstein
According to the report by Bernstein, the US-based research group, Amazon is lagging behind its competitor Flipkart in the Indian E-commerce race, as the company...
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India is Now Key Player In Previously Chinese-Dominated Russian Oil Industry
As the effects of Moscow’s invasion of Ukraine change trade flows, India has pushed into a niche of the Russian oil market that was once...
M&M Records Sales of 59,049 Vehicles in Aug 2022
The auto sale of August 2022 of Mahindra & Mahindra (M&M) stood at 59,049 vehicles, significantly higher than the 30,585 vehicles sold in August of...
OkCredit Up for Sale as Bid for New Capital Injection Fails
Psi Phi Global Solutions Pvt Ltd is powered by Tiger Global which owns the OkCredit brand and will be sold after failing to raise fresh...
Rajasthan Government Approves Rs 40 Billion Electric Vehicle Policy
The state of Rajasthan’s administration has developed an electric car policy to promote EV sales there. The Rajasthan Electric Vehicle Policy (REVP), in which the...
Reliance, ONGC, Indian Oil Shares Slip After Hike in Windfall Tax on Crude
Shares of oil and gas companies such as Oil and Natural Gas Corporation (ONGC), Reliance Industries and Bharat Petroleum Corporation Limited (BPCL) traded mixed on...
Sony-Zee Merger Needs More Scrutiny, Says CCI
A merger in the middle of the Indian unit of Japanese Sony and India’s Zee Entertainment to generate a $10 billion enterprise is likely to...
Chemical Stock Soars from Rs 23.50 to Rs 178
Multiple-bagger stock Purchasing penny stocks is similar to purchasing a small business. But the level of care needed when selecting a share for one’s stock...
Skoda Reports 10% Rise in August Sales
On Thursday, Skoda Auto reported that its wholesales have increased to 4,222 units (by 10 per cent) in August compared to the last year. Skoda...
India August Manufacturing PMI Robust at 56.2
In August, India’s manufacturing activity continued to grow robustly, led by a pick-up in demand amid softening input cost inflation. In July, inflationary pressures eased...