Strong SUV demand brings cheer to India’s motown

Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Friday reported robust sales for February as demand for sports utility vehicles continued to remain strong. Photograph: Adnan Abidi/Reuters Mahindra & Mahindra, Toyota Kirloskar Motor and Honda Cars also witnessed higher

Markets at record highs; Sensex ends up 1,245 points

Benchmark equity indices Sensex and Nifty rallied more than one-and-a-half per cent to hit their lifetime highs on Friday helped by impressive GDP data and fresh foreign fund inflows. Photograph: Shailesh Andrade/Reuters The 30-share BSE Sensex jumped 1,245.05 points or

Want To Buy A Bungalow For Rs 325 Crore?

Enquiries indicate it belongs to an industrialist with links to a prominent cricketer. IMAGE: Kindly note this image has only been posted for representational reasons. Photograph: Kind courtesy rachaelvoorhees/wikipedia.org/Creative Commons   It is not every day that a bungalow in

Apple tops India smartphone market in revenue share in 2023

iPhone maker Apple led India market with highest revenue in 2023 for the first time while Samsung topped the chart in terms of sales volume, market research firm Counterpoint Research said on Wednesday. Photograph: Lucas Jackson/Reuters While India’s smartphone shipments

Private players see 6% rise in benefits paid to Rs 1.57 trillion in FY23

The total benefits paid by private life insurance companies to policyholders rose by 5.98 per cent to Rs 1.57 trillion during 2022-23. This figure stood at Rs 1.49 trillion in the corresponding year-ago period. On the other hand, Life Insurance

Infra sectors’ growth slows to 15-month low of 3.6% in January

The growth of eight key infrastructure sectors slowed to a 15-month low of 3.6 per cent in January, on account of poor performance of sectors like refinery products, fertiliser, steel and electricity, according to the official data released on Thursday.

Anish Tawakley: ‘Largecaps offer a reasonable margin of safety’

‘Investors should focus on largecap funds, flexicap funds, business cycle funds, or hybrid-category funds.’ India is poised to perform well, even in the face of a potential slowdown in the US economy, thanks to robust domestic demand fuelled by construction

India blocks China-led investment pact in WTO

India on Wednesday blocked an attempt by a group of WTO countries led by China to push an investment facilitation pact in the agenda of the ministerial conference here, a move which may ensure that the proposal is unlikely to

Skoda to drive in Brezza, Sonet rival in H1FY25

Škoda Auto India is set to drive in a new car by the first half of next year to reach its target of 100,000 unit annual sales in the country by 2026. The compact sports utility vehicle (SUV) will be

Took conscious call to shun high-cost deposits: HDFC Bank

HDFC Bank has been conscious in not accepting high-cost deposits, which have resulted in slower growth in October-December, said Sashidhar Jagdishan, managing director and chief executive officer, during an interaction with Goldman Sachs recently. IMAGE: Sashidhar Jagdishan, managing director and