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Electric 2-wheeler sales up 17% in India as electrification improves
Electric two-wheeler (E2W) sales volume in India rose 17 per cent year-on-year in December as electrification improved after a recent hiatus, a report showed on Wednesday.
In the E2W space, Ola Electric (Ola) remained the…
Venezuela offers oil to help ONGC Videsh recover $600 mn dues
Venezuela has agreed to give oil to ONGC Videsh to help the Indian public sector company recover its $600 million dues as dividend for the stake that it holds in an oilfield in the Latin American country, Petroleum Secretary Pankaj Jain…
realme’s new mantra for youth in 2024: ‘Make it real’
The year 2023 marked a series of remarkable achievements for realme. Celebrating its fifth anniversary, the brand also reached the significant milestone of shipping 200 million smartphones globally.
In addition to…
MBD House (Gulab Bhavan) joyfully commemorates 39 years of outstanding achievements and unwavering…
New Delhi : The MBD Group, a pioneering force in education, celebrates 39th anniversary of iconic Gulab Bhavan on Dec 25, 2023, marking four decades of educational milestones. With over 60 years of experience, the group, led by Founder Shri…
Markets witnessing profit booking after 2 straight months of sharp up-move
Domestic equities had a muted handover from its Asian peers after China released mixed manufacturing data on Tuesday.
At close on Tuesday, Sensex was down 379.46 points at 71,892.48, while Nifty fell 76.10 points to 21,665.80.
Nifty…
Auto stocks top losers due to weak Dec volumes
Nifty fell for the second consecutive session on Tuesday. At close, Nifty was down 0.35 per cent or 76.1 points at 21,665.8, while Sensex was down 379.46 points at 71,892.48.
Cash market volumes rose compared to the previous session, but…
Consumer discretionary categories barring jewellery, travel staring at moderating growth
Despite a promising start to the festive season, most sectors, excluding jewellery and travel, seem to have hit the snooze button, as per a report released by HDFC Securities.
Several factors contribute to this, including the…
RBI issues draft norms for dividend declaration by banks
The Reserve Bank of India (RBI) on Tuesday came out with draft norms on declaration of dividend by banks and remittance of profits to head office by foreign bank branches in India.
The RBI circular explains the detailed…
Goldman Sachs cuts India’s CAD forecast for current fiscal to 1% of GDP
Goldman Sachs has lowered its projection for India’s current account deficit in 2023-2024 to 1 per cent of GDP from 1.3 per cent earlier as the US bank expects services exports to rise further while crude oil prices are expected to fall…
upGrad’s KnowledgeHut CEO quits, company appoints new head
Founder and Chief Executive Officer (CEO) of upGrad-owned edtech company Knowledgehut Subramanyam Reddy has resigned after serving nearly 13 years at the company.
Following his departure, the company appointed Asheesh Sharma as…