Toyota small car unit Daihatsu raided
Japanese transport ministry officials inspected Toyota subsidiary Daihatsu on Thursday, one day after officials announced it was suspending the small car unit’s shipments of all vehicles in and outside Japan after an investigation found improper testing involving 64 models. The safety test irregularities earlier this year prompted an independent panel investigation,...
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Government sells 3.46 lakh tonnes wheat 13,164 tonnes rice in open market
22 December 2023 | PTI -
Retail inflation for farm workers rises in November
22 December 2023 | PTI -
‘Shipping firms revenue may decline in next fiscal’
22 December 2023 | PTI -
Sebi to auction properties of five firms on January 22
22 December 2023 | PTI -
Rupee falls 9 paise to settle at 83.27 against $
22 December 2023 | PTI -
‘Mumbai region, Bengaluru, Delhi, NCR most searched locations for properties’
22 December 2023 | PTI -
Sensex rebounds 358 points
22 December 2023 | PTI
INOX India shares debut with nearly 44 pc premium
Shares of cryogenic tank maker INOX India Ltd on Thursday listed with a premium of nearly 44 per cent against the issue price of Rs 660. The stock made its debut at Rs 933.15, up 41.38 per cent from the issue price on the BSE. Later, it jumped 48.31 per cent...
Markets fall in early trade on weak global trends, foreign fund outflows
Benchmark equity indices continued to fall for the second day running on Thursday amid weak trends in global markets and continuous foreign fund outflows. Investors also went for profit-taking after the recent record-breaking rally in the markets. The 30-share BSE Sensex fell by 585.92 points to 69,920.39. The Nifty declined 173.35 points...
Sensex, Nifty go into tailspin after hitting fresh all-time high levels; tank over 1 pc
Benchmark equity indices Sensex and Nifty went into a tailspin after hitting their fresh all-time high levels on Wednesday, closing down by over 1 per cent as investors cashed in on the recent rally. Erasing all its early gains, the 30-share BSE Sensex crashed 930.88 points or 1.30 per cent to...
Union Transport Minister aims for India's road infrastructure to match US in next 5 years
India aims to elevate its road infrastructure to match that of the US within the next five years, said Minister of Road Transport and Highways, Nitin Gadkari. As part of a comprehensive strategy, the government seeks to alleviate metro congestion, significantly reduce travel time, and minimise road accidents, he said. In...
Air India borrows USD 120 mn from Japan's SMBC to buy Airbus plane
Japanese lender SMBC on Wednesday said the Tata Group-owned Air India has borrowed USD 120 million from it for purchasing a wide-body aircraft from Airbus. The transaction has partly financed Air India's purchase of an A350-900 aircraft from Airbus, which was delivered in October 2023, according to an official statement. SMBC said...
Telecom Bill 2023 progressive, forward looking, brings predictability, say Industry captains
The industry on Tuesday said the new telecom Bill introduced in the Lok Sabha is progressive and forward-looking, and marks groundbreaking reforms by streamlining India's licensing landscape. Leading voices of telecom industry, including Bharti Airtel MD and CEO Gopal Vittal, and Vodafone Idea CEO Akshaya Moondra, lauded various provisions of the...
Business brief
SRM Global Hospitals performs successful liver transplant KATTANKULATHUR: SRM Global Hospitals has successfully completed a donor liver transplantation on a 56-year-old man. The man, suffering from End Stage Liver Disease, has now recovered well and is actively engaged in his daily routine. The successful procedure, a result of a remarkable feat...
