Honda aims to capture 40 pc of global bike market as India sales fuel growth

New Delhi (IANS) Honda Motor Company has announced that for the current fiscal year ending March 31, its global motorcycle unit sales are expected to reach 20.2 million units, which is approximately a 40 per cent share of its global sales. 

The…

Hyundai Motor India clocks 19 pc decline in net profit at Rs 1,161 crore in Q3

New Delhi (IANS) Hyundai Motor India on Tuesday reported a net profit of Rs 1,161 crore for the October-December quarter this fiscal, which represents a 19 per cent decline over the corresponding figure of Rs 1,425 crore for the same quarter of FY…

UPI's share in India’s digital payments surged to 83pc: RBI report

Mumbai (IANS) The share of the Unified Payments Interface (UPI) in India’s digital payments has surged from 34 per cent in 2019 to an impressive 83 per cent in 2024, with a remarkable CAGR (cumulative average growth rate) of 74 per cent over the last…

Indian Oil’s net profit crosses Rs 2,873 crore in Oct-Dec quarter

New Delhi (IANS) Indian Oil Corporation (IOC) on Monday announced a net profit of Rs 2,873.53 crore for the October-December quarter of the current financial year, which represents a sharp recovery from the mere Rs 180 crore net profit recorded by…

Investment announcements in India reach Rs 32.01 lakh crore in 9 months this fiscal

New Delhi (IANS) The total investment announcements stood at Rs 32.01 lakh crore in the nine months this fiscal (FY25), marking a 39 per cent increase from Rs 23 lakh crore in the same period last fiscal, reflecting a positive investment outlook,…

India-US bilateral trade records robust growth in Dec

New Delhi (IANS) India’s trade with the USA is on the upswing with robust growth being recorded in December in the bilateral exports of the two countries despite the disruption in shipping due to geopolitical tensions. 

India’s merchandise…

EVs likely to hit 30-35 pc of annual vehicle sales in India by FY30

New Delhi (IANS) The electric vehicle (EV) revolution is in full throttle and EVs could hit 30-35 per cent of annual vehicle sales in India by FY30, though internal combustion engine (ICE) vehicles will still dominate the roads, co-existing with EVs…

2 new IPOs to hit market next week, six listings awaited

Mumbai (IANS) Two new initial public offerings (IPOs) will open for investors next week -- one mainboard and the other an SME public issue. 

Among the upcoming public offerings, Dr Agarwal's Healthcare will launch its IPO in the mainline…

Yes Bank's Q3 net profit jumps 165 pc YoY to Rs 612 crore

Mumbai (IANS) Private sector lender Yes Bank on Saturday reported 165 per cent surge in net profit (year-on-year) at Rs 612.3 crore for the third quarter of FY25, from Rs 231.5 crore in the same quarter last year. 

The bank’s net interest income…

Government e-Marketplace surpasses Rs 4 lakh cr GMV within 10 months this fiscal

New Delhi (IANS) Setting a new benchmark, the government e-Marketplace (GeM) has surpassed last years’ gross merchandise value (GMV) of Rs 4 lakh crore within 10 months this fiscal (FY25). 

The GeM clocked a GMV of Rs 4.09 lakh crore as on…