PV sales continue to drop in June; Maruti, Tata Motors witness decline : Bulletin: Business Today
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PV sales continue to drop in June; Maruti, Tata Motors witness decline

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July 2, 2019

BSNL to take on WhatsApp with Voice over Wi-Fi services in India

WhatsApp is giving nightmares to Indian telcos. The Facebook-owned messenger has successfully replaced SMSs and even voice calls to a large extent. Not many Indian apps have been successful in challenging WhatsApp. BSNL plans to provide its VoWiFi services in Tier-II and Tier-III cities and other remote parts of India where the network isn't strong. Slowly company plans to move to other big centres

Vijay Mallya to appeal against extradition order in UK High Court

Embattled liquor tycoon Vijay Mallya's extradition case will return to the UK courts on Tuesday as he seeks permission to appeal against an order signed off by UK home secretary Sajid Javid for him to be extradited to India to face alleged fraud and money laundering charges amounting to Rs 9,000 crores.
The 63-year-old former Kingfisher Airlines boss has already lost a UK High Court "leave to appeal" on paper, leading to an oral hearing of his renewal application this week.

PV sales continue to drop in June; Maruti, Hyundai, Tata Motors, Toyota witness decline

Major automobile manufacturers Maruti Suzuki, Hyundai, Tata Motors and Toyota Monday reported a decline in domestic passenger vehicle sales in June, continuing the prolonged slump in market due to poor consumer sentiments. Mahindra & Mahindra, however, reported a 4 per cent growth in its domestic passenger vehicles (PV) sales last month.

Modi govt spent Rs 2.37 lakh crore on modernisation of armed forces in 4 years

The Narendra Modi-led NDA government has so far spent Rs 2.37 lakh crore on the modernisation of armed forces in the last four years, according to an official statement released by the Ministry of Defence. During the last three financial years (2016-17 to 2018-19), 149 contracts have been signed with Indian vendors (91) and foreign vendors (58) for capital procurement of defence equipment for Armed Forces

Monsoon deficiency in June highest since 2015: IMD data

Monsoon deficiency in June this year was the highest for the month since 2015, India Meteorological Department data revealed. The month ended with 33 per cent deficiency which translates to around 67 per cent of the Long Period Average

US softens its stance on China's Huawei, Google can now licence Android again

A warning from Huawei CEO has worked for the embattled Chinese company as US President Donald Trump has apparently relented and has moderated his hard stance on Huawei. The moderation comes after Huawei's CEO declared that without Huawei, Google will lose 700-800 million users. After months of uncertainty for the Chinese technology company, Trump announced that "American companies will continue" to do business with the beleaguered telecom giant.

16 killed in separate incidents of wall collapse in Mumbai

At least 16 people were killed and over 80 injured in separate incidents of wall collapse in Mumbai on Tuesday following heavy downpour, with authorities declaring a public holiday in the city that was crawling due to waterlogging on roads and rail tracks. 52 flights have been cancelled






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