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Business

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  • Maruti Suzuki recalls 87,599 vehicles over suspected defect in parts of steering tie rod

    In a release, the automaker on Monday announced to recall 87,599 vehicles (S-Presso and Eeco) manufactured between July 5, 2021, and February 15, 2023
  • Lessors have applied for deregistration of 54 Go First planes: Govt

    Cash-strapped budget carrier Go First stopped flying on May 3 and is undergoing a voluntary insolvency resolution process
  • Byju’s, lenders agree to complete term loan amendment by Aug 3

    The steering committee of lenders has agreed to amend a USD 1.2 billion term loan with Byju's by August 3, 2023, the lenders announced
  • Maruti recalls 87,599 units of S-Presso, Eeco to replace faulty steering tie rod

    The recalled units were manufactured between July 5, 2021, and February 15, 2023, the auto major said in a statement
  • SEBI working on instant settlement of stock market transactions

    Certainly one of the things that we think is not very far off is even instantaneous settlements on the stock exchange, Buch said
  • Coffee Day shares down 19% after subsidiary admitted for insolvency by NCLT

    Company's Material Subsidiary to Take Legal Action Following Necessary Communication, States Report
  • Rupee trades in narrow range against US dollar in early trade

    Forex traders said investors are watching on the sidelines and awaiting cues from ensuing FOMC meeting and US FED decision this week.
  • Sensex declines 114.27 points to 66,569.99 in early trade

    The 30-share BSE Sensex declined 87.24 points or 0.13 to 66,597.02. The broader NSE Nifty fell 10.65 points or 0.05 per cent to 19,734.35.
  • US Fed interest rate decision, June quarter earnings to drive markets this week: Analysts

    The rupee movement against the US dollar and global oil benchmark Brent crude will also remain in focus this week.
  • Sri Lanka may accept Indian rupee for local transactions

    Sri Lanka is considering the possibility of allowing the usage of the Indian rupee for local transactions just like the dollar
  • FPIs invested Rs 43, 804 crore in India in July

    FPI flows into India continue unabated in July, too. India is the largest recipient of FPI flows YTD among emerging markets
  • Ola announces opening of purchase window for S1 Air

    Ola Electric, an electric vehicle company, announced that the purchase window for its highly anticipated and afordable S1 Air scooter will open on July 28.
  • Paytm’s CEO Vijay Shekhar: Expects free cash flow by year-end

    Paytm has reported a narrowing of loss to Rs 358.4 crore in the first quarter ended June 30, 2023.
  • Sebi extends deadline for comments on proposed cyber resilience framework

    Sebi extended the deadline till August 8 for submission of public comments on a consultation paper for boosting cyber security framework
  • Sensex, Nifty snap 6-day winning run, tank 1 pc as Infosys tumbles on weak outlook

    Benchmark stock indices Sensex and Nifty tumbled over 1 per cent on Friday, snapping their six-day record-breaking run
  • Air India’s wide-body fleet to grow by 30 per cent this fiscal: CEO Wilson

    CEO Campbell Wilson has said the airline's wide-body aircraft fleet will grow by 30 per cent by the end of the fiscal year 2023-24
  • Reliance Jio reports Q1 net profit of Rs 4,863 crore

    Reliance Jio had posted a net profit of Rs 4,335 crore in the same period a year ago
  • DGCA allows Go First to resume operations subject to conditions

    DGCA has directed the airline to ensure compliance with all the applicable regulatory requirements, ensure continued airworthiness
  • Investors nearing acquisition of CoinDesk for $125 million, says report

    Currently, CoinDesk is under the ownership of crypto conglomerate Digital Currency Group (DCG) after its acquisition in 2016.
  • Hearst, publisher of Cosmopolitan, announces layoffs of 41 staff members across Magazines

    Cosmopolitan, The laid-off employees consisted of "skilled writers, editors, and producers."
  • North-East India witnesses remarkable success in collection, devolution of GST: Sitharaman

    Finance Minister Sitharaman said that GST has brought a remarkable improvement in the system benefiting both people and states.
  • Rising interest rates make fixed deposits attractive again

    Fixed deposits are easy to open and close as well. Liquidity is not an issue and they can be withdrawn any time before the maturity
  • Markets tumble in early trade; Infosys falls nearly 8 pc

    Decline in share prices of market bluechip firms Reliance Industries and Tata Consultancy Services also added to the bearish trend in equities.
  • Rupee falls 12 paise to 82.05 against US dollar

    At the interbank foreign exchange, the domestic unit opened at 82.03, then touched 82.05, registering a decline of 12 paise over its last close.
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