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Reuters
October 13, 2019
The number of property developers falling into bankruptcy has doubled during the past nine months, piling pressure on NBFCs. Potential implosions of these NBFCs could expose banks


BusinessToday.In
October 12, 2019
Recently, India dropped 10 places in the World Economic Forum's Global Competitiveness Index. In response to this, Prasad said that the IMF's measurement of India is still incomplete


PTI
October 11, 2019
Suzuki Motor Corporation (SMC) said it expects net sales during the current fiscal to come down to 3,500,000 million yen (about Rs 2,31,000 crore), a dip of 10.3 per cent from 3,900,000 million yen (about Rs 2,57,400 crore) forecasted earlier


BusinessToday.In
October 9, 2019
The S&P BSE Sensex ended 645 points or 1.72% higher at 38,177, while NSE's Nifty50 index closed 187 points or 1.68% higher at 11,313 mark.


BusinessToday.In
New Delhi, October 8, 2019
TKM is the fourth company to offer voluntary retirement for its employees after GM, Hero Motorcorp and Ashok Leyland as the ongoing auto slowdown continues to lead to heavy losses for companies


BusinessToday.In
October 7, 2019
Japanese car maker Toyota's Indian subsidiary managed to grow its market share by 23 basis points y-o-y, while that of rivals Tata Motors and Honda Cars India declined by 1.9 per cent and 0.9 per cent, respectively


BusinessToday.In
October 4, 2019
RBI repo rate cut: The repo rate cut is a great incentive for borrowers as all new floating rate loans are supposed to be linked to any of the four external benchmarks prescribed by the RBI from October 1.


BusinessToday.In
New Delhi, October 4, 2019
The MPC has predicted the GDP growth rate for Q2 at 5.3 per cent and in the range of 6.6-7.2 per cent for the second half of the financial year


BusinessToday.In
October 3, 2019
2019 Hyundai Elantra: Besides the engine upgrade, the new Elantra also gets the company's signature front grille, reshaped headlamps, LED DRLs, new bonnet design, triangular fog lamps and newly designed alloy wheels


Nevin John
New Delhi, October 2, 2019
The Ford-Mahindra deal is valued at Rs 1,925 crore; both companies have transferred a debt of Rs 636 crore in the JV, besides contributing an equity of Rs 1,289 crore


Rashmi Pratap
Mumbai, October 1, 2019
The value of debt downgraded during the first half of FY20 more than trebled to Rs 1.38 lakh crore from Rs 39,000 crore in the first half of fiscal 2019


BusinessToday.In
New Delhi, October 1, 2019
For banks, non-performing assets are expected to continue to decline from the 9.3 per cent estimated at the end of fiscal 2019, because of fewer fresh slippages and faster recoveries after the recent changes to the Insolvency and Bankruptcy Code


PTI
October 1, 2019



PTI
October 1, 2019



BusinessToday.In
October 1, 2019
Intra day, Sensex lost 738 points to 37,929 against previous close of 38,667 and Nifty fell 227 points to 11,247 against previous close of 11447.


Sumant Banerji
New Delhi, September 30, 2019
In the midst of a prolonged slump in demand, high inventory coupled with the need to liquidate all BS IV vehicles before March 31, 2020, the temptation to reduce prices ahead of the festive season is high


BusinessToday.In
New Delhi, September 26, 2019
Following her meeting with private sector banks, NBFCs and HFCs, Finance Minister Nirmala Sitharaman evinced hope that demand will return in most sectors, even if one or two sectors are under some stress


BusinessToday.In
New Delhi, September 21, 2019
\"It [slash in prices] is not something I can announce here... wait a couple of days and you'll have the answer,\" said RC Bhargava while speaking at an India Today Conclave 2019


BusinessToday.In
New Delhi, September 21, 2019
Speaking about the crisis in the auto sector, Bhargava said one of the key reasons for this was the government's decision that all standards of cars in India should now match emission standards followed in European countries


Dipak Mondal
New Delhi, September 18, 2019
The 37th GST Council meeting to be held in Goa on 20 September was supposed to discuss the issue of rate cut in the auto sector. The other proposals to be discussed during the meeting include tax cuts on FMCG goods and hotel industry.


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