The average inventory of passenger vehicles (PVs) at the end of August ranged from 58-63 days, up from 50-55 days in July and 30-35 days in August last year, the Federation of Automobile Dealers Association (FADA) said.
Vodafone Idea paid 10 percent and assured the remaining — including interest for delayed payment — will be paid by September end.
Paytm#39;s Gross Merchandise Value for the quarter to date (for July and August) stood at Rs 3.0 Lakh crore ($36.3 billion) witnessing a year-on-year growth of 43 percent.
Uday Kotak, the country’s richest financier, resigned the same week the bank sent two names including his long-time lieutenant K V S Manian to the Reserve Bank of India as his potential successors, according to people familiar with the matter.
The company, a wholly-owned subsidiary of Japanese auto major Honda Motor Company, on Monday made a foray into the mid-sized SUV segment with an all-new product -- Elevate -- priced between Rs 10.99-15.99 lakh (ex-showroom Delhi).
Maruti Suzuki recorded 16.5% YoY growth in August, which is faster than the industry numbers, according to Srivastava Maruti Suzuki recorded 16.5% YoY growth in August, which is faster than the industry numbers, according to Srivastava As the principal shareholder of the bank, Uday Kotak will try to ensure a rewarding journey for himself and shareholders In a four-decade journey in the financial services space, Uday Kotak can boast of many firsts and some deft business moves, which illustrate the convictions with which he operated.
According to company India CEO Susanne Pulverer, Ikea is now planning to expand its operations by adding more stores to its network and considering new locations such as Pune and Chennai and increasing local sourcing making products more affordable here.
There are multiple factors that will drive this NBFC’s growth going forwardA compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,1...
