BMW sales rise 51 per cent to 3,680 units
BMW Group India on Monday reported its highest-ever first quarter car sales at 3,680 units in the three months to March 2024. The company sales rose 51 per cent in the first quarter of this fiscal as compared to 2,440 units in the January-March quarter of 2022-23. Besides, BMW Motorrad sales stood...
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NTPC aims for five GW capacity addition in FY'25
09 April 2024 | PTI -
Aadhar Housing Finance gets Sebi nod to garner Rs 5,000 crore via IPO
09 April 2024 | PTI -
Telecom subscribers grow marginally to 119.7 crore in February: TRAI
09 April 2024 | PTI -
JLR reports 22 per cent rise in retail sales in FY24
09 April 2024 | PTI -
Colending AUM nearing Rs 1lakh crore: Crisil
09 April 2024 | PTI -
India coffee exports rise 13.35 per cent
09 April 2024 | PTI -
Gold hits record high of Rs 71,700 per 10 gram
09 April 2024 | PTI
Sensex, Nifty hit fresh peaks
Benchmark equity indices Sensex and Nifty reached their fresh record highs on Monday, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities. The 30-share BSE Sensex jumped 494.28 points or 0.67 per cent to settle at a new closing peak...
Need for greater participation of banks in rupee derivatives in India, abroad: Das
Reserve ank Governor Shaktikanta Das on Monday stressed the need for greater participation of Indian banks in rupee derivatives market, both domestically and offshore, while being prudent. The governor noted that participation of domestic banks in derivative markets remains limited with only a small set of active market-makers. Also, participation of...
Wipro shares decline over 1 pc
Shares of Wipro on Monday declined over 1 per cent after the IT major announced the resignation of Thierry Delaporte as CEO and named Srinivas Pallia as the new Chief Executive Officer of the company, effective immediately. The stock dipped 1.40 per cent to Rs 478.40 on the BSE. At the NSE,...
Sensex, Nifty hit record high in early trade
Benchmark equity indices climbed in early trade on Monday, with the Sensex and Nifty reaching record highs, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities. The 30-share BSE Sensex jumped 307.22 points to reach a record high of 74,555.44...
Voltas AC crosses two million unit sales mark in FY24
Leading residential air conditioner maker Voltas on Sunday said it has recorded a 35 per cent sales growth to over two million units in FY24, becoming the first company in the domestic market to cross this mark. The performance was attributed to a consistent demand for cooling products during the year,...
Business brief
SRM alumni shine in powertrain component manufacturing New Delhi: Eight years after graduating from the portals of SRM IST — India’s pre-eminent destination for higher learning in technology, management, science, arts, and medicine, and four years after launching their independent venture, a team of SRM alumni work on an innovative powertrain...
Improving macro indicators to drive FMCG products demand
Leading industry players expect improving macro-indicators and expectations of good monsoon and rabi crops to drive consumer demand for FMCG in the current fiscal. Consumer demand for FMCG (fast-moving consumer goods) remained sluggish amid a subdued operating condition in the March quarter. The industry expects a mid-to-high-single-digit growth in value/volume in the...
