Maruti Suzuki margins jump on price hikes, improved chip supply in scope
Shares of India’s top carmaker Maruti Suzuki surged more than 7% on Tuesday as a series of price hikes, to offset high material costs, improved margins despite a fall in…
सबसे तेज कम्प्यूटर:मार्क जुकरबर्ग की कंपनी ने तैयार किया
पिछला साल फेसबुक के लिए अच्छा नहीं रहा। पॉलिसी से जुड़े विवादों के चलते उसके दामन में कई दाग लगे। हालांकि, कंपनी ने फेसबुक को मेटा का नाम देकर कुछ…
Delivery race among Indian grocery startups brings road safety risks
Indian grocery startups are luring tech-savvy customers with the promise of delivery within 10 minutes, sparking a boom in “quick commerce”, but heating up concerns about road safety as bike…
HDFC Capital closes $1.8-billion fund for affordable housing
India’s HDFC Capital, a private equity investment manager, said on Sunday it has raised $1.8 billion from investors, lead by a unit of sovereign wealth fund Abu Dhabi Investment Authority…
Swiggy raises $700 mln in funding round led by Invesco, valuation crosses $10 billion
BENGALURU, Jan 24 – SoftBank-backed (9984.T) Indian food delivery firm Swiggy said on Monday it raised $700 million in a funding round led by U.S. investment firm Invesco (IVZ.N), as…
Tesla in ‘weird stalemate’ on tax cut demands with no investment pledge in India
Talks between India and Tesla Inc over potential tax benefits are deadlocked as the government is not keen to give the company any breaks without a commitment to manufacture locally,…
India’s Future mulls Supreme Court bid to avoid being named a defaulter
India’s Future Group plans to challenge its own lenders in the Supreme Court to avoid being named a defaulter for missing payments. Siting its ongoing dispute with partner Amazon.com Inc…
Refiners’ of India throughput recovery loses steam in December
Indian refiners’ crude oil throughput dipped slightly in December due to unit shutdowns at some refineries. Also as a rapid spread of the Omicron variant of the coronavirus shadowed fuel…
Financial shares slump of PTC India after directors quit on corporate governance issues
PTC India Financial Services Ltd (PFS) (PTCN.NS) shares fell 18% on Thursday in their worst intraday trade since May 2015, a day after the non-banking financial company said three independent…
India’s Maharashtra state bats for Tesla over import tax on EVs
India’s western Maharashtra state on Wednesday urged the federal government to lower tax rates on imported cars in the budget on Feb. 1, following calls by electric carmakers like Tesla…