Maruti Suzuki's August total sales rises by over 17%

New Delhi (IANS) Automobile major Maruti Suzuki on Tuesday reported a year-on-year rise of 17.1 per cent in total sales during August 2020.

Accordingly, the company's total off-take increased to 1,24,624 units from 1,06,413 units sold during…

Telcos get 10 years to clear AGR dues, 1st instalment of 10% by March 2021

New Delhi (IANS) The Supreme Court on Tuesday granted 10 years to telecom companies to clear their respective adjusted gross revenue (AGR) dues and also directed them to deposit the first instalment of 10 per cent by March 31, 2021.

A bench…

Signs of recovery: Industrial, commercial power consumers pull up demand

New Delhi (IANS) Industrial and commercial consumers of electricity are back in business in a clear sign that the 'Unlock' phases are gradually bringing back economic activity to near normal levels.

The country's power demand, a…

E-commerce enabler Bikayi raises Rs 15 cr from global investors

New Delhi (IANS) Y Combinator-backed e-commerce enabler Bikayi on Monday said it has raised a seed round of $2 million (around Rs 15 crore) from a clutch of international investors including Mantis ventures, a venture capital fund promoted by the…

Toy industry wants govt to extend time for BIS certification

Chennai (IANS) Buoyed by Prime Minister Narendra Modi speaking about their sector, officials of the Indian toy industry are asking the government to give some more time to get the certification from the Bureau of Indian Standards (BIS).

"For…

FM to review implementation of resolution framework for Covid-related stress

New Delhi (IANS) Finance Minister Nirmala Sitharaman will review the implementation of resolution framework for Covid-related stress in bank loans, with the top management of scheduled commercial banks and non-banking financial companies (NBFC) on…

GAIL to look for growth in petrochemicals, renewable

New Delhi (IANS) State-run GAIL (India) Ltd will look for growth in areas including petrochemicals, renewables among others, said the company's CMD Manoj Jain.

The CMD's message to the shareholders in the company's annual report…

Small cap stocks outperform benchmark indices on first-time investors' fancy

New Delhi (IANS) First-time investors, who became stock market participants during the Covid-19 pandemic, are seen to behind a strong rally in the hitherto overlooked small cap stocks.

Small cap indices of both the BSE and the NSE have clearly…

Bucking Covid blues: Hyundai expects to cross yearly domestic growth threshold

New Delhi (IANS) Healthy off-take in the up-country market segment a long with robust response for new offerings has reinforced India's image as one of the most attractive markets for automobile major Hyundai.

Accordingly, the company expects…

Sensex up 250 points; banking, finance stocks surge

Mumbai (IANS) The key Indian equity indices traded on a positive note on Friday morning with the BSE Sensex rising over 250 points.

Healthy buying was witnessed in banking and finance stocks.

At 10.52 a.m., the Sensex was trading at…