Retail sales up 29% YoY to 101,994 units; Tata Motors shares hit all-time high. British luxury car maker Jaguar Land Rover (JLR), a wholly owned subsidiary of Mumbai-headquartered automobile giant Tata Motors, posted a 30 per cent year-on-year (YoY) jump in wholesale volumes and 29 per cent growth in retail … Read more
Category: Business and Finance
Centre may set mandates for industrial use of green hydrogen: Official.
India has set a goal of producing 5 million metric tonnes of green hydrogen annually by 2030, with about 70% of that marked for export markets, he said. India may set mandates for industries such as fertilisers and refineries to use green hydrogen, after consultations, the country’s renewable energy secretary … Read more
Bank of England considers clampdown on foreign bank branches- FT
The move could reduce the thresholds requiring foreign banks with corporate business in the country to set up subsidiaries, the financial times. The Bank of England is looking at plans to force more international banks to set up subsidiaries in the UK, The Financial Times reported on Tuesday. The BOE … Read more
Invicto Launch: Maruti Suzuki launches its most expensive car in India starting at Rs 24.79 lakh
Maruti Suzuki Invicto launched in India in three variants and the prices go all the way to Rs 28.42 lakh (ex-showroom).Maruti Suzuki launches the Invicto MPV at Rs 24.79 lakhs which is its most expensive offering in India till date. The new Invicto MPV is essentially a cross-badged variant of … Read more
Petrol, diesel updated price chart on July 5: Check current rates in major cities here
Some cities and states saw some minor corrections in rates of petrol and diesel. Petrol and diesel got cheaper in Rajasthan and Chhattisgarh, Bihar, Himachal, Madhya Pradesh and Uttar Pradesh. The prices were in Maharashtra and Jharkhand. Petrol, diesel prices on July 5: Petrol and diesel prices largely remained unchanged … Read more
Bandhan Bank CFO Sunil Samdani to step down on September 30
Sunil Samdani’s last working day as the CFO would be September 30, 2023. Bandhan Bank on Tuesday informed that its CFO Sunil Samdani has resigned to ‘explore professional opportunities’ outside the bank. His last working day as the CFO would be September 30, 2023. “The Bank is in the process … Read more
Harley Davidson X440 is going to elevate Hero Motocorp’s premiumisation strategy: Pawan Munjal
The two iconic two-wheeler brands launch first co-developed product as part of licensing agreement.The much-awaited American motorcycle brand Harley-Davidson launched the X440 on Monday evening at Hero MotoCorp’s Global Centre of Innovation and Technology in Jaipur at its most affordable price point of Rs 2.29 lakh. Hero MotoCorp, the world’s … Read more
Maruti Suzuki June 2023 production show 5% decline, but Brezza, Jimny, Fronx SUVs remain in focus
In the Mini segment, which includes Alto and S-Presso, Maruti Suzuki produced 14,646 units in June 2023, compared to 20,145 units in June 2022. Maruti Suzuki, India’s leading automobile manufacturer, has released its production volume data for June 2023. The company continued to face shortage of electronic components leading to flat … Read more
Skoda Auto India launches limited Matte Edition of Kushaq SUV; check variants, prices
The special edition Skoda Kushaq features a 1.5 TSI badge at the rear for models equipped with the 1.5 TSI engine. Skoda Auto India has unveiled an all-new limited edition variant of the popular Kushaq SUV, called the Matte Edition. The Kushaq, which made its debut in July 2021, has … Read more