Industry News, Company News, Manufacturing News, Service Sector - The Hindu- Page 18

Maruti net up 4% on tax cut, lower costs

Special Correspondent Lower commodity prices also help; vehicle sales rise 2% during the quarter

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In sync: Ratan Tata with N. Chandrasekaran, chairman, Tata Motors and Guenter Butschek at the launch of Nexon EV in Mumbai on Tuesday. Paul Noronha

Tata group firms get together to create ecosystem for EVs

Special Correspondent Nexon e-SUV launched at ₹13.99 lakh

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Photo for representational purposes only

Not interested in Air India, says Emirates

Jagriti Chandra Lufthansa, SIA decline to comment

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Oil firms set to gain as subsidised LPG prices move up steadily

Piyush Pandey ‘With a ₹10 rise per cylinder, subsidy will be nil in 15 months’

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It’s raining discounts for vehicle buyers

Mobile phone export grows over 8-fold: ICEA

Fortum plans to set 300 MW solar power units in India per year

Johnson Lifts sets up ₹125 crore unit

SBI tanks, brokerage raises asset quality issue

RBI, government rebut rumours of public sector banks closure

Mukesh Ambani richest Indian with net worth of ₹3,80,700 crore

According to the latest IIFL Wealth-Hurun India Rich List, the combined wealth of the top 25 equates to 10% of India’s GDP and that of 953 accounts for 27%

No more discounts on credit card payment at petrol pumps

However, the discount on debit card and other digital modes of payments would continue.

Maruti Suzuki cuts prices of select models by ₹5,000

The new prices will be applicable from September 25, 2019, across the country.

Insurers can tweak health products

IRDAI okays collecting premium in instalments, increasing maximum entry age

RBI places withdrawal curbs on depositors of PMC Bank

EX-CGM of the banking regulator appointed administrator

Senior citizens savings scheme needs full tax break, says SBI report

‘Such a move will protect returns and have minimal impact on fiscal deficit’

JSW Steel raises $400 mn from global markets

Steel major to fund capex, rejig loans

DHFL may sell wholesale lending book to Oaktree

Firm to get ₹10,000 cr. if deal fructifies

Prepare for re-entry of Boeing 737 MAX 8: IATA

Regulators urged to align schedules

Onion prices rise

Onion prices have skyrocketed owing to incessant rains in the district. A significant number of onions were spoilt following the rain. This coupled

Corporate tax cut is a positive step, will have good impact on overall economy: Shaktikanta Das

Reserve Bank of India Governor Shaktikanta Das said, “Corporate tax cut is a positive step. India's corporate tax now becomes very competitive

Starbucks wins, Fiat loses fights against EU tax orders

The European Commission in its 2015 decisions said Starbucks and Fiat Chrysler set prices for goods and services sold between subsidiaries, known as transfer prices, that were below market rates and which artificially lowered their taxes.

RBI imposes restrictions on PMC bank, withdrawal limited to ₹1,000

Depositors will not be allowed to withdraw over ₹1,000 from the bank.

General Motors furloughs 1,225 more workers as strike enters 2nd week

General Motors temporarily laid off an additional 1,225 workers in Canada and the United States on Monday as a strike entered its second week. The

Nissan to pay $15M, Ghosn $1M to settle U.S. fraud charges

The former CEO, who was arrested in Japan and fired by Nissan last year, is awaiting trial in Tokyo on financial misconduct charges that he denies.

Reliance Capital tanks after CARE downgrade

Firm says agency move is unjustified

HR integration, main focus of merger, says Indian Bank MD

‘Common CBS platform to make process smoother’

ICICI Bank to open 450 new branches

Anup Bagchi of ICICI Bank says, “We believe that a wide branch network continues to be important for retail banking."

Biofuel planes may fly 10 crore passengers by 2030

Must develop electric aircraft: Singh

SBI to link floating rate retail, MSME loans to repo rate

Changes will become effective from October 1 this year

India, Emirates discuss areas of future cooperation

Growth opportunities for Indian banks deliberated.

Thomas Cook collapses with 6,00,000 tourists stranded abroad

Thomas Cook said in a statement that “despite considerable efforts”, it was unable to reach an agreement between the company’s stakeholders and proposed new money providers.

KTM drives 790 Duke into Indian market priced at ₹8.63 lakh

Austria’s sports bike maker KTM on Monday launched its super bike 790 Duke in India priced at ₹8.63 lakh (ex-showroom). The bike is powered by a

Thomas Cook India says it’s not part of Thomas Cook PLC

Travel and leisure firm Thomas Cook India on Saturday said it is not related with UK-based Thomas Cook PLC. which is struggling to stave off a

SBI to adopt repo rate as external benchmark for all floating rate loans from October 1

State Bank of India on Monday said it will adopt repo rate as the external benchmark for all floating rate loans for MSME, home and retail loans,

₹37,000 crore tax savings for top firms

Due to Centre’s move to cut corporate tax rates from 30% to 22%

Looking for capital safety? Read about HUDCO's tax-free bonds

HUDCO’s instruments come with high rating; returns are higher than bank FDs’

Explained | What is expense ratio?

What is expense ratio?Expense ratio, as the name suggests, is that part of a mutual fund scheme that takes care of expenses related to managing the

BSNL pays August month’s salary to staff: CMD

BSNL Chairman and Managing Director P.K. Purwar said employees have got their salary and the salary requirements were met internally.

Travel group Thomas Cook battles for survival with final creditor meeting

The company, founded in 1841, has been fighting for its survival after its lenders threatened to pull the plug.

India’s coal import declines about 4% to 19 million tonnes in July

Of the total coal imports in July 2019, non-coking coal shipment was at 12.66 MT, coking coal’s was at 4.17 MT, among others

Auto sector must find its own balance: SIAM

‘Hope festivals will boost demand’

‘Cut in levy to spur growth’

Manufacturing, real estate sectors may witness good times

Fino Payments Bank likely to apply for small finance bank licence, says MD

‘Will seriously explore possibility; have to discuss the issue with investors’

GST measures to help export of gems and jewellery, says GJEPC

‘Higher export credit limit is a positive’

Norms revised to enable AIATSL sale

The attempt to privatise AIATSL, one of the few profitable entities of the national carrier, was launched in February.

IOCL spends ₹350 crore on expansion activities in Andhra Pradesh: official

Corporation giving top priority to safety, quality, says Chief Terminal Officer

Auto industry has to find its own balance to enhance demand: SIAM

“The auto industry was very hopeful of GST reduction,” said SIAM President Rajan Wadhera in a statement

IndiGo appoints independent woman director

IndiGo on Friday announced the appointment of Pallavi Shardul Shroff as its independent woman director to address allegations raised by co-promoter

Vodafone Idea may gain from IUC levy extension

A third of earnings is from the charge

GST Council may review rates on auto sector

Easing annual return filing procedure and rationalising rates on lottery may also be on the agenda at today’s meeting

Telecom body okays ₹8,500 cr. for mobile towers, optical fibre laying

BharatNet in T.N., Telangana among approved projects

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