Urban Company slashes partners’ commission

Last week, over 100 Urban Company beautician partners had staged a protest outside the company office in Gurugram alleging that the company was deducting huge commissions.

15 Oct 2021

Reliance New Energy Solar invests 25 million euros in German solar company NexWafe GmbH

Reliance Industries' stock has surged nearly 14 per cent in the last one month and on Wednesday it closed 1 per cent higher at Rs 2,695.90.

14 Oct 2021

Aviation Ministry gives nod to Rakesh Jhunjhunwala-backed Akasa Air to operate in India

The new airline aims to start operations by the summer of 2022, the holding company, SNV Aviation Private Limited, said.

12 Oct 2021

Ambani, Adani richest; 1,000 Indians have Rs 1,000 crore

Shiv Nadar of HCL, retained the third rank. SP Hinduja & family moved down two positions to the fourth rank.

02 Oct 2021

Sensex at 60,000: Should you be investing?

Existing investors should act according to their financial goals and not just based on the Sensex or Nifty levels

27 Sep 2021

Evergrande: Is it a Lehman moment for China that could hit global markets?

Evergrande, whose liability exceeds over $300 billion, is struggling to pay $83.5 million in interest relating to its March-2022 bond on Thursday.

22 Sep 2021

Nod to Rs 26, 000 crore incentive for auto sector under PLI Scheme

Of the total amount, Rs 25,938 crore has been set aside for the auto sector, while Rs 120 crore will be offered to encourage production of drones and their parts. 

16 Sep 2021

Ford to shut down both its manufacturing plants in India, to sell only imported vehicles

The company, which invested about USD 2.5 billion at its Chennai and Sanand (Gujarat) plants, will stop selling vehicles such as the EcoSport, Figo and Aspire which are produced from these plants.

09 Sep 2021

Two-wheelers see slump at home, joy ride overseas

Exports of top 6 OEMs (original equipment manufacturers) have grown by 43% year-on-year in August 2021 even as domestic sales have fallen by 15% during the month.

03 Sep 2021

Shortage of electronic chips takes automobile sales on a bumpy ride

Sequentially, MSIL witnessed a bigger slump of over 22% as it had sold 1,36,500 units in July 2021. 

02 Sep 2021

Chip shortage: Maruti’s Sept output to be 60 per cent less

Maruti Suzuki’s production ability in India is around 22.5 lakh units per annum, translating to 1.87 lakh units per month. 

01 Sep 2021

Planning to buy a Maruti Suzuki car? Your wait may get longer now

A fall in production by Maruti Suzuki will have a big impact on India's cumulative passenger vehicle sales volume as the company sells one in every two cars sold in the domestic market.

31 Aug 2021

What’s ailing India’s auto sector in post-COVID times?

India’s auto industry, which was growing at above 10% in early 2010s, is now struggling to remain in positive territory. 

29 Aug 2021

DGCA lifts ban on Boeing 737 Max aircraft after two-and-half years

Aircraft manufacturer Boeing has been modifying the 737 Max plane since March 2019 so that various countries' regulators, including the DGCA, permit its passenger flight operations again.

27 Aug 2021

Why modest moped is taxed like a luxury item, asks TVS

Maruti Suzuki India Chairman R C Bhargava said tax rates in India are more than double that of the EU, Japan and the US, making vehicle prices unaffordable for Indians with lower income levels.

26 Aug 2021