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Wistron rejigs India structure, management ranks after factory troubles
Wipro Q4 profit jumps 27.7% to Rs 2,972.3 cr; revenue up 3.4%
Flipkart buys 100% stake in Cleartrip; to solidify position in travel booking
Facebook inks first deal to buy renewable energy in India
Tencent Holdings plans to raise $4 billion in bond deal
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Wipro share climbs over 3% ahead of Q4 earnings
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Alpha in active funds matter of 6 months; futile to time the market: Morningstar
INDUSTRY
Breaking: Citigroup to shut down consumer operations in India
COVID-19 effect: Mumbai airport to re-consolidate flight ops to one terminal from April 21
No buyer for Mahindra-backed SsangYong Motor
PE inflows in real estate up 19% in FY21; highest since FY16
Honda's two-wheeler division sets up separate business vertical to oversee exports
TECH
Bitche what? Facebook removes official page of French town because it is called Bitche
Vi is giving cashback of up to Rs 60 on unlimited recharge plans, check details
Google Assistant can now help you find your phone, order food and more
Sony launches flagship Xperia 1 III, Xperia 5 III with variable telephoto lens, Snapdragon 888 chipset
Do you use Truecaller? Truecaller will now allow businesses to verify identity
OPINION
How Millennials, Gen Z are shifting focus to balance in work life, not just work-life balance
WhatsApp leak case: Do companies need to root out the mole within
India badly needs Sputnik V in fight against COVID-19
How India can beat coronavirus faster
MFIs revival: Major risks, gaps facing microfinance in India
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COVID-19 India: The mutant strains we must know about
Net indirect tax receipts rise by 12.3% in FY21
India struggles with vaccine shortage at the height of the pandemic
Industrial output falls by 3.6% in February 2021
Running, jogging, cooking: CEOs find solace outside work
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Rajasthan to impose 12-hour night curfew from Friday amid COVID-19 surge
PTI
April 15, 2021
The order imposing the night curfew in the entire state was issued on late Wednesday evening
A Rough Ride
Sumant Banerji
New Delhi, April 14, 2021
Once the leader in SUVs, Mahindra has lost its crown. The company is resetting its gameplan to stay clear of me-too products, replacing them with vehicles intrinsic to its DNA. Can it rise again?
Strong March quarter show restricts automobile sales decline in FY21 to 13.6%
Sumant Banerji
April 12, 2021
Yet, this was the second straight year of double-digit decline in the auto industry. The low base helped prop up numbers in one quarter but makes the narrative even more worrisome for the full year
Commercial vehicle sales plunge 21% in FY21, PV sales decline 2%
BusinessToday.In
April 12, 2021
Total CV sales declined 20.77 per cent to 5,68,559 units in FY21 as against 7,17,593 units in 2019-20, as per the data released by the Society of Indian Automobile Manufacturers.
Hyundai India looks to register double-digit sales growth in 2021
PTI
April 12, 2021
The automaker remains optimistic about its sales prospects as there is a strong pull for personal mobility amid the raging coronavirus pandemic
Maruti Swift ends Alto's 16-year reign; now best-selling car
Sumant Banerji
April 10, 2021
The entry level Alto, which has been India's best-selling car in India since 2004-05 when it overtook Maruti 800, has in fact slipped to the fourth spot in the list, its worst position in nearly two decades
China's auto sales up 75% in March for 12th straight month; Tesla sells 35,478 cars
Reuters
April 9, 2021
Sales reached 2.53 million vehicles in March, up 74.9% year-on-year, data from the China Association of Automobile Manufacturers (CAAM) showed
No revival! Retail automobile sales crash 28.6% in March
Sumant Banerji
April 8, 2021
The figures for March, which has come at a time when Covid cases are once again rising and the country is in the grip of a second wave, only points towards a darkening of the clouds
Domestic car industry ends FY21 with a bang; March sales double over last year
Sumant Banerji
April 1, 2021
The growth was led by the top three players in the industry. Market leader Maruti Suzuki saw its sales grow by nearly 92 per cent at 146,200 units while Hyundai doubled its tally at 52,600 units
Covid-19 stings Maruti Suzuki; sales drop 7.8% in FY21
Sumant Banerji
April 1, 2021
The fiscal 2021 tally is the lowest since 2015-16 when sales were 1,305, 351 units. It is also 24.5 percent less than its peak sales of 1,753,700 units in 2018-19
'Life not always fair; I sleep with clear conscience,' says Cyrus Mistry
Shailendra Shukla
New Delhi, March 31, 2021
'Life not always fair; I sleep with clear conscience,' says Cyrus Mistry after SC verdictFormer Tata Sons Chairman Cyrus Mistry spoke up on the Supreme Court's judgment in the long-drawn fight against Tata Sons. The apex court had stated that the company was well within its rights to oust Mistry. Mistry in a statement said that he is personally disappointed by the verdict. He added that he, however, sleeps with a clear conscience. Calling the setback another step in his and his family's evol...
GST collection over Rs 1 lakh cr for 5 months in row: Anurag Thakur
BusinessToday.In
March 23, 2021
On the status of e-way bill generation, Thakur told the Upper House that 62.87 crore and 57.75 crore e-way bills were generated in FY 2019-20 and FY 2020-21 (till March 14, 2021), respectively
Maruti Suzuki to hike prices from April amid rise in costs
BusinessToday.In
March 22, 2021
This price increase shall vary for different models, Maruti Suzuki announced without specifying the quantum of price hike; the company had hiked prices up to Rs 34,000 in January
Skoda seeks to launch multiple products, expand sales network for 2nd innings in India
PTI
March 21, 2021
The automaker, which currently sells just two products in the domestic market, plans to launch four products, including the recently unveiled compact SUV Kushaq, over the next one year
Tata Motors says CEO-designate Marc Llistosella will not join company
BusinessToday.In
March 20, 2021
Tata Motors says Guenter Butschek will continue as its CEO & MD till June 30, 2021. Llistosella was selected for the top job after the outgoing CEO and MD Guenter Butschek expressed his desire to relocate to Germany as his contract comes to an end, citing personal reasons
India needs to grow 10.5-11% in FY22: NITI Aayog VC
PTI
March 19, 2021
Niti Aayog Vice Chairman Rajiv Kumar further said India needs to be prepared for the next pandemic as the country was caught unprepared during the COVID-19 pandemic
Govt exits Tata Communications, sells 10% stake to Pantone Finvest
PTI
March 19, 2021
The Government of India held 26.12 per cent stake while Panatone Finvest had 34.80 per cent, Tata Sons 14.07 per cent and the remaining 25.01 per cent was with the public before the transaction
Apple's retail partner Unicorn to open 4-6 new flagship stores in India next fiscal
PTI
March 19, 2021
Unicorn, which operates under the brand name Uni, has 29 Apple stores across the country out of a total of 150 stores that sell Apple products
Govt has taken steps to address issue of pollution in Delhi: Javadekar
PTI
March 19, 2021
Responding to a question on pollution in the national capital during the Question Hour in Lok Sabha, Javadekar said air pollution in Delhi is the \"most serious problem\", and noted that the air quality along the Indo-Gangetic belt is poor
How fast can you become a crorepati, is Rs 1 crore enough?
Avneet Kaur
March 19, 2021
A crore might not be enough. Why do we say so? Well, a number which looks big enough today to take care of your daily expenses as well as goals, might not suffice to take care of same expenses and goals, a few years later. Inflation will eat away the value of your money
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