Business News

Hyundai unveils its first electric car.

Hyundai Motor, South Korea's No.1 carmaker, unveiled its first pure electric car on Thursday, with a goal of commencing ma....

Stocks of cos with high physical share holders scale new high.

 Stock prices of several small firms which have a high percentage of public shareholding in physical form have scaled....

Mercedes-Benz India sales up two-fold in August

Luxury carmaker Mercedes-Benz India today reported its highest-ever monthly sales of 573 units in August, an over two-fold....

Bank of India loans to airlines under Rs 40 bn.

State-run Bank of India's loan exposure to air carriers does not exceed Rs 40 billion, Executive Director M. Narendra told....

SpiceJet to start international operations next month.

SpiceJet, India’s second-largest low-cost carrier (LCC) in terms of market share, today announced the commencement o....

India seeks Canadian investment in food processing.

Subodh Kant Sahai, India’s minister for food processing industries, has called upon Canadian companies to invest in ....

Mobile subscriber base crosses 652.42 mn mark

The number of mobile subscribers in the country crossed the 652.42 mn mark in July, with the addition of 16.92 mn connecti....

RBI to look into deregulation of interest rate on savings

The Reserve Bank Wednesday said it will soon set up a working group to examine the possibility of deregulation of interest....

Sam Pitroda now promises 'digital wallet' in mobiles.

Technology evangelist Sam Pitroda has another innovation up his sleeve and this time, he says, it will change the way peop....

Free savings bank rates on agenda: RBI.

Usha Thorat, deputy  governor of the Reserve Bank of India  (RBI) in her speech at a banking conference announce....