ENS Economic Bureau

Jaguar Land Rover launches Defender in India at Rs 73.98 lakh

Offered with a 2.0 litre Turbocharged four-cylinder petrol engine, the SUV is available in two distinct body styles.

15 Oct 2020

Jubilant FoodWorks posts net loss of Rs 74.5 crore in Q1

Revenue from operations fell 59 per cent year-on-year for the quarter to ₹388.4 crore as against Rs 949.11 crore in the corresponding quarter last fiscal.

02 Sep 2020

Restriction in TV imports to boost local production, unlikely to impact prices

The curbs are unlikely to impact prices but it is expected to benefit local contract manufacturers, attract investments in component production and better assembly lines, say industry executives.

31 Jul 2020

BP stake sale, Jio performance boost Reliance Q1 profits by over 30%

RIL had, during the quarter, received a one-time game of Rs 4,966 crore from the sale of a 49 per cent stake in its fuel retailing venture to BP Plc.

30 Jul 2020

Shakedeal aims to grow at 300 per cent this fiscal

In the lockdown months, PPE as a category was contributing 60-70% to sales; however, that figure has now rationalised to around 30%., Shakedeal MD Akshay said.

20 Jul 2020

Govt extends deadline for Air India bidding to Aug 31

The government has extended the earlier June 30 deadline to bid for Air India since the Covid-19 pandemic and its fallout has disrupted economic activities.

28 Jun 2020

Realme launches X3 series smartphones

Launch of the new products by realme comes amid growing voices to boycott the use of Chinese brand products in India post the deadly clash between Indian and Chinese forces in Ladakh.

25 Jun 2020

Taj Hotels launches online food delivery platform 'Qmin'

Not only this, the company has plans to launch Qmin mobile application on July 25th, followed by the gourmet Qmin Shop in August and the loyalty platform in September.

25 Jun 2020

Honda cars commences booking for fifth generation 'City'

The company has fixed the online booking amount for the City at Rs 5,000 while the same at the dealerships is kept at Rs 21,000. 

25 Jun 2020

Yes Bank posts net loss of Rs 16,418.02 crore for fiscal year 2020

The bank attributed loss to worsening asset quality during FY20 as 63 per cent of its corporate investments have been declared non-performing investments.

07 May 2020

Finance ministry holds meeting with PSBs sans Nirmala Sitharaman to review NPA situation

With economic growth set to slow down, the International Monetary Fund has cut India’s GDP growth estimate to 1.9 per cent for FY 2020-21.

17 Apr 2020

RBI extends revised market hours till April 30

Earlier this month, RBI had notified the change in timing to be applicable till April, 17 citing challenges faced by its staff, brokerages and other market participants.

17 Apr 2020

Coronavirus scare: SBI opens emergency credit line for borrowers

The Union Cabinet, which met on Saturday, also cleared packages worth nearly Rs 55,000 crore to be spent over five to eight years.

22 Mar 2020

Coronavirus outbreak saw cancellation of one in two flights in the Asia Pacific: Boeing

In other areas like Europe and North America where the presence of the virus is seen, several airlines have started taking measures in terms of passenger admissions.

13 Mar 2020

Union Budget 2020: No more double taxation as budget removes DDT

The government has decided to remove the much-reviled Dividend Distribution Tax (DDT) as part of this year’s budget proposals.

02 Feb 2020