MG Motor announces Next-Gen Hector

Greater Noida (IANS) MG Motor India on Wednesday announced the next generation Hector SUV, available in five, six, and seven-seater configurations along with safety features such as six airbags and a 360-degree HD camera at the Auto Expo 2023.

Direct tax collections rise 24% year-on-year to Rs 14.71 lakh crore

New Delhi (IANS) Direct tax collections stood at Rs 14.71 lakh crore till January 10, 24.58 per cent higher than the corresponding period of last year.

Direct tax collection, net of refunds, stood at Rs 12.31 lakh crore which is 19.55 per cent…

Rs 13,573 crore invested via MF SIPs in Dec' 22

Chennai (IANS) The systematic investment plans (SIP) of Indian mutual funds gathered Rs 13,573.08 crore from investors, up from Rs 13,306.49 crore invested in November 2022, the Association of Mutual Funds in India (AMFI) said on Tuesday.

Last…

'Make in India' TV shipments grow 33% to reach 5 mn units

New Delhi (IANS) The India TV market grew exponentially in the festive season last year and 'Make in India' TV shipments grew 33 per cent (on-quarter) in the July-September period to reach 5 million units, a report showed on Tuesday.

Dixon…

Toyota Kirloskar restarts booking for Hilux utility vehicle

Chennai (IANS) Car maker Toyota Kirloskar Motor on Monday said it has restarted bookings for its utility vehicle Hilux.

The bookings for the model that was launched early 2022 was stopped temporarily due to various factors impacting supply.

With $10.8 bn, Bengaluru top city on startup funding in 2022

New Delhi (IANS) Bengaluru topped the startup funding chart in India with $10.8 billion in 2022, followed by Mumbai at $3.9 billion, and Gurugram at a distant $2.6 billion.

Startups based in Delhi and Chennai registered $1.2 billion each in…

Relief rally in the offing - Extent of same debatable

Trading in the calendar year began on a positive note with markets gaining on the first two trading sessions. They lost ground on the next three sessions with Friday witnessing a sharp sell-off.

BSESENSEX ended the week with losses of 940.37…

BMW launches two new models including EV

Chennai (IANS) Luxury car maker BMW on Saturday announced the launch of its BMWi7 - petrol and electric - powered models.

The BMW 740i M Sport is locally produced at BMW Group Plant, Chennai while the all-electric BMW i7 xDrive60 is available…

FPIs sold for 11 consecutive days to the tune of Rs 14,300 cr

New Delhi (IANS) FPIs have turned sustained sellers in the Indian market and sold for 11 consecutive days taking the cumulative selling to Rs 14,300 crore, says V.K. Vijayakumar, the Chief Investment Strategist at Geojit Financial Services.

"And,…

India relatively bright spot in global economy: IMF official

New Delhi (IANS) India on Friday was described as a "relative bright spot" in global economy by an IMF official.

IMF's deputy managing director Antoinette Sayeh said during a conference organised by the organisation that Indian economy…