LivePassenger Vehicle Retail Drops 7% YoY, Revives Sequential
There was a 7% y-o-y reduction in passenger vehicle retail sales to 178,513 units, as observed in August’s domestic scenario. On Tuesday, data shared by...
Category : BUSINESS
HDFC Bank: Credit Card EMIs at All-Time High
The country’s largest private sector lender, HDFC Bank on 8 September said that during the Covid-19 pandemic, numbers of customers prefer to buy high-value products through instalments...
ICICI Bank-Videocon Case: Deepak Kochhar Remanded to ED Custody Till 19 Sept
On Tuesday, Deepak Kochhar husband of former ICICI Bank MD & CEO Chanda Kochhar remanded to Enforcement Directorate custody for further questioning till 19 September...
Standard Chartered is Fined $13.6 Million in India
India’s anti-money laundering agency fined Standard Chartered Plc 1 billion rupees ($13.6 million) for breaking foreign exchange rules when it worked on the takeover of...
Kotak Institutional Equities Upgrades InterGlobe Aviation to ‘Buy’
Kotak Institutional has upgraded to ‘buy’ from ‘sell’ in Indigo airlines’ parent company InterGlobe Aviation. It expects pressures on cost and yields to fade for...
Nasdaq Sees 2% Decline in Futures Upon Resumption of Tech Sell-Offs
On Tuesday saw a 2% decline among futures tracking the Nasdaq 100 index, following a report on the first full trading day where SoftBank made...
Cube Highways Raises Rs 3,500 Cr from SBI to Acquire NHAI Toll Roads
Cube Highways and Infrastructure, the biggest buyer of road assets in India, on Tuesday said it has entered into a financing agreement with State Bank of...
Inflexor Ventures’ New Technology Fund Marks its First Close at Rs 230 Crore
Venture capital firm, Inflexor Ventures marked its first close of Inflexor Technology Fund after raising Rs 230 crore. The technology fund’s target corpus was Rs...
HC Ordered SpiceJet to Deposit Rs 243 Crore Over Share Transfer Dispute
The Delhi High Court on Monday directed cash-strapped airline SpiceJet Ltd. to deposit Rs 243 crore within six weeks in connection with the share transfer dispute with its ex-promoter...
Tata Motors DVR Share Surges About 11% after Tata Sons Deal
On Monday, shares of Tata Motors DVR surges around 11%, after its promoter Tata Sons on Friday, had acquired more than about 5.3 million shares about 1.04%...