According to the chairman of Maruti Suzuki India, FM Nirmala Sitharaman is correct in her recent assertion that the ride-hailing companies have impacted auto demand. He backed up his argument saying young buyers don't need to buy cars for commuting and can spend most of their income on electronic gadgets.

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OYO Hotels and Homes recently announced the acquisition of ITC Hotels-managed Fortune Select Metropolitan Jaipur for about Rs 40 crore from UAE-based real estate group Emaar Properties

Nirmala Sitharaman, Prakash Javadekar to address media at 3pm: Earlier this week, RBI Governor Shaktikanta Das had said the government has taken a number of measures to boost the economy in three phases and indicated that more steps are likely.

The GST Council meeting, as per the agenda paper, may take up automobiles, hotels, biscuits, matchsticks and outdoor catering segments for resetting of the GST rates. However, all listed items may not see GST cut due to various complexities involved

The government announced a slew of measures in three dosages which include a special window for real estate, export incentives, bank consolidation and sops for micro, small and medium enterprises (MSMEs) and the automobile sector

Roy has been facing several charges by different agencies including market regulator Securities and Exchange Board of India (SEBI) since 2008

Shares of Cox & Kings hit 5% lower circuit on Wednesday after the tour and travel services firm said it appointed merchant bankers for a possible sale of its Meininger hotels business, as it seeks to meet its financial obligations.

LinkedIn top startups in India: Health and fitness startup Cure.Fit has retained its second spot. The startup hit USD 100 million in revenue within 3 years of its inception.