Industry

Elgi sees faster recovery in firm’s markets

Sanat Kumar Malik - December 1, 2020 0

Air compressor manufacturer Elgi Equipments expects domestic and international markets to have equal contribution to its business in the second half of the financial...

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Industry

Elgi sees faster recovery in firm’s markets

Sanat Kumar Malik - December 1, 2020 0

Air compressor manufacturer Elgi Equipments expects domestic and international markets to have equal contribution to its business in the second half of the financial...

Industry

India’s November power consumption growth slows to 4.7%

Sanat Kumar Malik - December 1, 2020 0

Power consumption growth slowed to 4.7% at 98.37 billion units (BU) in November amid the onset of early winter, especially in the northern part...

Industry

Paytm waives off charges on merchant transaction

Sanat Kumar Malik - December 1, 2020 0

Paytm on Tuesday said it has waived off all charges on merchant transactions, enabling them to accept payments from Paytm wallet, UPI apps...

Industry

HC pulls up RBI for letting PMC Bank decide on depositors requests for money

Sanat Kumar Malik - December 1, 2020 0

“The RBI was to apply its mind and not act as a post office. If you (RBI) have imposed the restrictions, then you have...

Industry

S&P Global to acquire IHS Markit in $44 bn mega deal

Sanat Kumar Malik - November 30, 2020 0

Data giant S&P Global Inc. has agreed to buy IHS Markit Ltd. in an all-stock deal worth $44 billion that will be the biggest...

Industry

‘Passenger vehicle, bike wholesales to decline’

Sanat Kumar Malik - November 30, 2020 0

Domestic passenger vehicle and two-wheeler wholesales will come down in the next few months as inventory levels remain high at the dealer level,...

Industry

October queries on card users grows on year: Transunion Cibil

Sanat Kumar Malik - November 30, 2020 0

Banks’ requests for information on credit card borrowers or ‘credit card inquiries’ in October surpassed the year-earlier level, a credit information company said on...

Industry

‘Bank credit growth to stay slow in near term’

Sanat Kumar Malik - November 30, 2020 0

Bank credit growth is likely to remain moderate in the near term as lenders will continue to remain risk-averse due to the pandemic-led...

Industry

Amalgamation ensures stability, says DBS Bank India

Sanat Kumar Malik - November 30, 2020 0

The amalgamation of the erstwhile Lakshmi Vilas Bank (LVB) with DBS Bank India Ltd. (DBIL) has ensured stability and better prospects for the former’s...

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Reliance Retail to get ₹5,550 cr. investment

Sanat Kumar Malik - October 1, 2020 0

Co-investors of Silver Lake to invest an additional ₹1,875 crore. Reliance Industries Ltd. (RIL) and Reliance Retail Ventures Ltd. (RRVL) on Wednesday announced that co-investors...

Industry

It feels like riding a really fast luxury sports car, says Tanay Manjrekar

Sanat Kumar Malik - November 12, 2020 0

You should see the first commercial routes before the end of the decade, says Tanay Manjrekar of Vigrin Hyperloop who took part last week...

Industry

AirAsia India ‘draining cash’; reviewing investment in joint venture: Malaysia’s AirAsia Group

Sanat Kumar Malik - November 18, 2020 0

Indicating possible exit, Malaysia’s AirAsia Group Berhad on Tuesday said it is reviewing its investment in low-cost carrier AirAsia India, which has been...

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