Category: Business News

Gold declines Rs 108, silver gains Rs 144

New Delhi, Jan 13: Gold prices fell Rs 108 to Rs 48,877 per 10 gram in the national capital on Wednesday as rupee appreciation capped upside in the price of the precious metal, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 48,985 […]

BMW Motorrad India Continues Its Ascent to Success

Gurugram, Haryana, India Business Wire India 2,563 units delivered in 2020. Notable annual growth of 6.7% in an exceptionally tough year. Striking growth of over 51% in the last quarter. BMW Motorrad India delivered 2,563 motorcycles to customers in calendar year 2020 (January December). The premium motorcycle brand […]

Rupee recovers losses, settles 15 paise higher at 73.25 against US dollar

Mumbai:  The rupee recouped early losses and provisionally closed 15 paise higher at 73.25 against the US dollar on Tuesday, supported by weakness in the dollar index and recovery in domestic equities. At the interbank forex market, the rupee opened weak at 73.42, but recovered lost ground and […]

Sensex rallies over 400 pts to fresh intra-day record; Nifty tops 14,450

Mumbai:  Equity benchmark Sensex surged over 400 points in early trade on Monday to top the 49,000 mark for the first time, tracking gains in IT stocks amid largely positive trend in global equities and massive FPI inflow. After touching a record intra-day high of 49,260.21, the 30-share […]

India retail king Biyani sees quick OK of Future’s $3.4 billion deal despite Amazon dispute

NEW DELHI – India’s Future Group expects swift regulatory approval of its $3.4 billion deal to sell its retail assets, its chief executive said, even as its warring business partner Inc intensifies efforts to block the deal. Future and Amazon are at loggerheads over the Indian group’s […]

Sensex rallies over 300 pts in early trade; Nifty tops 14,200

Mumbai:  Equity benchmark Sensex surged over 300 points in early trade on Friday, helped by gains mainly in index majors Infosys, TCS and HDFC Bank amid positive trend in global equities. The 30-share BSE index was trading 328.75 points or 0.68 per cent higher at 48,422.07. Likewise, the […]

Audi launches new version of A4 in India; Price starts at Rs 42.34 lakh

New Delhi: German luxury car maker Audi on Tuesday launched the new version of its popular sedan A4 in India with prices starting at Rs 42.34 lakh (ex-showroom). The new fifth generation Audi A4 has a new design and is equipped with a 2.0-litre petrol engine that generates 190 […]

Indian automakers fear container shortage to hit parts supply, output

NEW DELHI – Automakers in India are bracing for a parts shortage and possible production losses over the next three to four months due to a global shortage of available shipping containers, said a trade body in the world’s fifth biggest auto market. Shipping freight rates have surged […]

Sensex rises over 250 pts to record peak in early trade; Nifty above 13,550

Mumbai, Dec 14:  Equity benchmark Sensex jumped over 250 points in early trade on Monday tracking gains in index majors ICICI Bank, HDFC and L&T amid persistent foreign fund inflows and largely positive trend in global markets. After touching its record intra-day high of 46,373.34 in the opening […]

Analysis: Battle of the billionaires: Bezos, Ambani gun for India retail supremacy

MUMBAI/NEW DELHI – Jeff Bezos and Mukesh Ambani, two of the world’s richest men, face a turning point in a battle for preeminence in India’s booming, nearly trillion-dollar retail market. The outcome of a legal dispute which has embroiled the billionaires’ and Reliance Industries Ltd empires – […]

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