FADA, Frost & Sullivan team up for study to analyse domestic PV segment

FADA, Frost & Sullivan team up for study to analyse domestic PV segment

Tuesday, 07 May 2024 | PTI | New Delhi

Automobile dealer’s body FADA on Monday said it has joined hands with Frost & Sullivan for a study to analyse various aspects of customer journey, encompassing sales, after-sales and product quality across the domestic passenger vehicle industry. The Customer Experience Index (CEI) study will target various segments like hatchbacks, sedans, SUVs,...

Home loan outstanding reaches Rs 27 lakh crore in March: RBI

Monday, 06 May 2024 | PTI | New Delhi

Credit outstanding to the housing sector rose by nearly Rs 10 lakh crore in the last two fiscals to reach a record Rs 27.23 lakh crore in March this year, according to RBI’s data on ‘Sectoral Deployment of Bank Credit’. Experts from banking and real estate sectors attributed this growth in...

UPSIDA revenue in FY24 hits record Rs 1,359 crore

Monday, 06 May 2024 | PTI | NOIDA

Uttar Pradesh State Industrial Development Authority (UPSIDA) has recorded an operating revenue of  Rs 1,359 crore in financial year 2023-24 -- the highest ever for the public sector undertaking in UP, according to an official release. “This achievement marks a doubling of revenue compared to financial year 2018-19, indicating a robust...

Mahindra Finance reports 10 per cent drop in Q4 net profit at Rs 619 crore.

Monday, 06 May 2024 | PTI | New Delhi

Mahindra & Mahindra Financial Services has reported a 10 per cent decline in standalone profit and tax to Rs 619 crore for the January-March quarter of 2023-24. The non-banking finance company also said that in a fact-finding assessment of the fraud in its Aizawl branch during the quarter identified 2,887 loan...

India, Ghana agree for early operationalisation of UPI system

Monday, 06 May 2024 | PTI | New Delhi

India and Ghana are working to link their payment systems - Unified Payments Interface (UPI) and Ghana Interbank Payment and Settlement Systems (GHIPSS) respectively to permit users to make instant, low-cost fund transfers on a reciprocal basis. The two countries have also delved into discussions regarding the possibilities of a Memorandum...

India urges ADB not to overlook its focus on growth and shared prosperity

Monday, 06 May 2024 | PTI | Tbilisi (Georgia)

India on Sunday urged the Asian Development Bank (ADB) not to overlook its focus on reduction of remaining poverty while promoting sustainable growth for the member nations in the Asia Pacific region. Making intervention at the Board of Governors Business Session at the 57th Annual Meeting of ADB, India’s Temporary Alternate...

States should support decarbonisation of aluminum industries: Study

Sunday, 05 May 2024 | PTI | New Delhi

States should support the decarbonisation of aluminium industries by waiving or reducing open access charges for renewable power, a study has said. Open access charges are levied by power distribution companies (discoms) on those consumers which buy electricity from any other source. State governments should also prioritise giving right of way to...

Indian EV startup makes offer to interns spurned by Elon Musk

Indian EV startup makes offer to interns spurned by Elon Musk

Sunday, 05 May 2024 | PTI | New Delhi

Bengaluru-based electric vehicle startup Pravaig Dynamics has made offers to Tesla interns, who saw their offers getting revoked weeks before their start date, inviting them to join the Silicon Valley of India that will recognize and appreciate their talents. Tech billionaire Elon Musk's latest cost-cutting victims are summer interns with his...

Sunday Edition

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