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UGRO Capital Acquires Profectus Capital in Ambitious ₹1,400 Crore Deal
Business, Economy - June 9, 2019

CII launches Fiscal Performance Index to gauge government budgets

The Confederation of Indian Industry (CII) works to maintain the environment propitious for the development of India.   CII is an industry-managed organization, which works with the non-profit objective. It...
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Bank of Baroda to rationalise up to 900 branches post-merger
Business, Market News, Markets - June 9, 2019

Bank of Baroda to rationalize newly merged branches

On April 1, 2019, Bank of Baroda merged with Dena Bank & Vijaya Bank to become the third largest bank in India. Bank of Baroda is now next to State...
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India's unemployment rate at 6.1%, reaching a 45-year high
Business, Economy - June 9, 2019

Modi 2.0 gets new challenge. Unemployment rate climbs to 6.1%

The surge in the unemployment rate despite professed emphasis towards creating employment has sent shivers down the spine of the Indian government. BJP had promised to create employment opportunities in...
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Tata motors gets bullish on safety. Stops production of Unsafe carriers
Automobile News, Autos, Business - June 6, 2019

Tata motors gets bullish on safety. Stops production of Unsafe carriers

Mumbai headquartered Tata Motors to discontinue production of multi-seater carriers. The decision comes amidst the introduction of new safety regulations and crash norms. The implementation of the new norms will...
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Walmart’s Indian Bet: E-commerce and Sourcing Power Next Wave of Global Growth
Business, Markets - June 6, 2019

Flipkart finds itself in the discount soup. Sued by GOQii

Walmart operates in 27 countries and has the largest warehousing stores and retail corporations. Walmart began in Bentonville, Arkansas in the year 1960s. The retail chain started offering low priced...
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BRICS-backed bank plans first Indian rupee-denominated bond by end-March
Business, Economy, Market News, Markets - June 5, 2019

Will RBI give the liquidity push economy needs? 25 BPS cut on the cards.

Three times in a row, will the Reserve Bank of India (RBI) cut the rates once again? Probably yes. RBI is supposed to release the bi-monthly monetary policy on 6th...
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MG drives in Hector in the crowded SUV market
Automobile Reviews, Autos, Business - June 5, 2019

MG drives in Hector in the crowded SUV market

MG motor India showcased its first SUV in India on 15th May 2019. Varied features were revealed about the car. It is 4655mm long, 1835 mm wide and 1760 mm...
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Sun Pharma Shares surge 5% as U.S. court clears Launch of key Autoimmune Drug
Business, Economy, Markets - June 5, 2019

US tags INDIA as developed nation, withdraws special status

Mr Trump’s growing list of trade frictions has added another name to it, that being India’s. The trade frictions ramped up by the weekend when the United States President Donald...
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Indian mobile companies bulldozed by Chinese counter parts
Business, Market News, Markets - June 5, 2019

Indian mobile companies bulldozed by Chinese counter parts

After the intrusion of Chinese manufacturers, the share of local mobile brands has been diminishing substantially in India since 2015. Indian handset manufacturer mainly focuses on the featured packed phones...
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Solid reason for GST reduction on two-wheelers
Automobile News, Autos, Business - June 4, 2019

Bajaj Auto planning to zoom ahead of competition

Bajaj Auto has plans to come out with new entry-level and mid-level motorcycles in the next few months. Being the second-largest motorcycle maker by volume of sales it now plans...
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