Market News

This week in auto: Govt flip-flop on EVs leave manufacturers confused, new launches keeps Motown upbeat

This week in auto: Govt flip-flop on EVs leave manufacturers confused, new launches keeps Motown upbeat The government’s complete U-turn over formation of a formal policy for adoption of electric mobility in the country has startled the automakers. Several manufacturers who had hastily started work on electric vehicles – cars, SUVs, mini trucks, buses, three wheeler – are requesting for a clear road map that will give them enough time for product and technology development with regards to electric vehicles. Continue reading

Posted in Global India, Market News, News |

Pharma weekly wrap: Major rejig at India drug regulator and Fortis key newsmakers

For pharma and healthcare it was an eventful week. While developments at Fortis kept unfolding – on regulatory front there were some interesting moves by the government citing public interest. Continue reading

Posted in Global India, Market News, News |

#39;India needs to create 10m jobs every year till 2030 to better employment rate#39;

To reduce its rate of underemployment and unemployment, India will need to create 10 million jobs per annum till annum. A research by Motilal Oswal said that this roughly translates to 0.83 or 8,30,000 jobs every month for the next 12 years. Continue reading

Posted in Global India, Market News, News |

IT weekly wrap: Nasscom Leadership Forum, Uber CEO visit were the key highlights

IT weekly wrap: Nasscom Leadership Forum, Uber CEO visit were the key highlights Even as the storm over India’s largest known banking frauds continues to brew, India saw an action packed week of technology related news- from a packed event in Hyderabad to the Uber CEO’s visit to the Capital, there was much to write about and ponder. Continue reading

Posted in Global India, Market News, News |

IT weekly wrap: Nasscom Leadership Forum, Uber CEO visit were the key highlights

IT weekly wrap: Nasscom Leadership Forum, Uber CEO visit were the key highlights Even as the storm over India’s largest known banking frauds continues to brew, India saw an action packed week of technology related news- from a packed event in Hyderabad to the Uber CEO’s visit to the Capital, there was much to write about and ponder. Continue reading

Posted in Global India, Market News, News |

PF this week: How EPF fares as an investment after int rate cut to 8.55%; Will troubled homebuyers get EMI relief?

PF this week: How EPF fares as an investment after int rate cut to 8.55%; Will troubled homebuyers get EMI relief? The much-awaited meeting of the Central Board of Trustees (CBT) of the Employees#39; Provident Fund Organisation (EPFO) during the week suggested an interest rate of 8.55 percent for 2017-18 on provident fund balances, a 10 basis points reduction over the previous year’s 8.65 percent. Continue reading

Posted in Global India, Market News, News |

PAISALO raises Rs 28cr through NCD issue

The NBFC has announced “opening of unsecured NCD issue Unsecured, Unlisted 5 year period on Private placement basis. The coupon rate for the same is 12 percent,” the company said in a statement. Continue reading

Posted in Global India, Market News, News |

Homebuyers in Haryana hold meet to discuss diluted provisions of HRERA

The civil writ petition titled Harinder Pal Singh Others vs State of Haryana and Others was admitted in the Punjab and Haryana High Court on February 20. It was filed by homebuyers to seek quashing of several provisions of the Haryana RERA Rules whic… Continue reading

Posted in Global India, Market News, News |

Homebuyers in Haryana hold meet to discuss diluted provisions of HRERA

The civil writ petition titled Harinder Pal Singh Others vs State of Haryana and Others was admitted in the Punjab and Haryana High Court on February 20. It was filed by homebuyers to seek quashing of several provisions of the Haryana RERA Rules whic… Continue reading

Posted in Global India, Market News, News |

Warren Buffett says Berkshire needs to do #39;huge acquisitions#39;

Warren Buffett on Saturday said he needs to make “one or more huge acquisitions” to increase Berkshire Hathaway Inc earnings, but admitted that finding a deal at “a sensible purchase price” has become a challenge. Continue reading

Posted in Global India, Market News, News |