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Auto crisis: Maruti Suzuki reports 24% decline in sales in September

Auto crisis: Maruti Suzuki reports 24% decline in sales in September

The country's largest carmaker Maruti Suzuki India (MSI) on Tuesday reported a 24.4 per cent decline in sales at 1,22,640 units in September.

The company had sold 1,62,290 units in September last year, MSI said in a statement.

Top Vodafone officials meet telecom secretary ahead of spectrum auctions

Top Vodafone officials meet telecom secretary ahead of spectrum auctions

Vodafone Chairman Gerard Kleisterlee, Chief Executive Officer Nick Read and Vodafone-Idea Managing Director and CEO Ravinder Takkar on Monday met telecom secretary Anshu Prakash at a time when the government is busy preparing for the upcoming spectrum auctions.

Vodafone Idea has been seeking a two-year moratorium on its annual spectrum payment citing debt and stress on balance sheet.

Sebi eases norms to allow smart cities raise funds through ‘Muni Bonds’

Sebi eases norms to allow smart cities raise funds through ‘Muni Bonds’

Sebi has relaxed norms for ‘Muni Bonds’ issuance to help smart cities as well as entities working in areas of city planning and urban development work, including municipalities, raise funds through debt securities.

The decision comes after the board of Securities and Exchange Board of India (Sebi) approved norms in this regard in August.

Maruti launches entry-level hatchback S-Presso at ₹3.69 lakh

Maruti launches entry-level hatchback S-Presso at ₹3.69 lakh

Maruti Suzuki India ltd, the country’s largest vehicle manufacturer, on Monday launched its new entry-level hatchback S-Presso, at a price range of ₹3.69 lakh to ₹4.91 lakh. With muted sales over the last one year, the company will bank on the new product to revive its fortunes during the festival period and beyond.

The curious fall in renewable energy generation

The curious fall in renewable energy generation

Mumbai: Renewable energy generation fell 20% in August despite a notable expansion in capacity. This was the biggest monthly fall in at least three years, according to an analysis by SBICAP Securities Ltd.

Tata Motors offers up to ₹1.5 lakh benefits on Nexon, Hexa, Tiago and Tigor

Tata Motors offers up to ₹1.5 lakh benefits on Nexon, Hexa, Tiago and Tigor

Ahead of the festive season, Tata Motors is offering heavy discounts on wide range of models. Under the 'Festival of cars' programme, the company is giving benefits of up to ₹1.5 lakh on models including Tata Harrier, Nexon, Hexa, Tiago and Tigor.

Yes Bank shares tank nearly 14% despite RBI's nod to raise capital

Yes Bank shares tank nearly 14% despite RBI's nod to raise capital

New Delhi: Yes Bank shares nosedived almost 14% on Monday even after the Reserve Bank of India (RBI) gave its nod to raise capital. At 12:30 pm, shares of Yes Bank were trading at ₹42 down 13.93% on BSE. The stock had touched its 52-week low at ₹41.50 on Monday morning. On NSE, the stock was down 13.85%.

Cipla takes a knock on US FDA observations, overhang may continue

Cipla takes a knock on US FDA observations, overhang may continue

Investors in Cipla Ltd’s stock have been seeing its value erode to a 52-week low from its 52-week high levels, with the stock tumbling 36% in the past one year. News that the US Food and Drug Administration has made some further observations on Cipla’s Goa plant has further compounded the company’s woes. So far today, the stock has shed 4.1% in trade.

Air India offers discount on domestic flight tickets. Check details here

Air India offers discount on domestic flight tickets. Check details here

NEW DELHI : Air India is offering 25% discount on its 'Ghumo India Family'. Air India's latest offer is with a view to promote heritage sites and prominent tourist destinations in India, where families travelling together will get discounted tickets, the carrier mentioned on its website. Here is all you need to know about Air India 'Ghumo India Family' offer.

Despite big corporate tax cut gains, ITC’s stock has not fired up enough

Despite big corporate tax cut gains, ITC’s stock has not fired up enough

ITC Ltd, whose mainstay is the cigarettes business, has been one of the biggest beneficiaries of the cut in corporate tax rates. Since the tax rates were slashed, the stock is up 7%. But investors want more. That’s because, despite the recent appreciation in the share price, the ITC stock has lagged so far in FY20.

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