Stimulus package to revive economic activities, boost Make in India, says steelmakers
• 5 years agoIndian steelmakers on Wednesday said the Rs 20 lakh crore stimulus package announced by Prime Minister Narendra Modi would give a quantum jump to economic activities in the country and boost the ambitious Make in India programme
Stock markets end day's session in green: Sensex up over 500 points, Nifty nears 9,500; Zee, Eicher Motors top gainers
Fp Staff • 5 years agoSensex hit a high of 32,267.23 points during the day ahead of the expiry of May derivatives contracts. It finally ended 595.37 points or 1.88 percent higher at 32,200.59.
Sensex drops 260 points, Nifty settles below 9,050-mark at close of trading session; banking, financial stocks drag
Fp Staff • 5 years agoSensex tumbled 260 points on Friday, dragged by losses in banking and financial stocks as RBI's rate cut and other measures to prop up the economy failed to meet market expectations.
Coronavirus Lockdown: Mahindra & Mahindra offers new finance schemes, special benefits for doctors, cops, women
• 5 years agoAuto major Mahindra & Mahindra on Tuesday rolled out a range of new finance schemes, including special offers for the Corona Warriors and women buyers, such as 8-year loan term, 90-days moratorium on payment and 100 percent on-road financing, to help customers purchase its vehicle with ease amid the lockdown
Markets end on flat note: Sensex erases early gains after a choppy session, Nifty slips; M&M top loser
Fp Staff • 5 years agoSensex ended marginally lower after a choppy session on Friday as investors weighed the fiscal impact of the government''s economic stimulus.
Toyota Motor Corp sees 80% profit drop as coronavirus pandemic wipes $14 billion off car sales
• 5 years agoToyota Motor Corp said on Tuesday it expects profit to drop by 80 percent to its lowest in nine years, as Japan’s biggest automaker grapples with the impact of the novel coronavirus which has sapped global demand for vehicles
Markets close on positive note: Sensex 199 points up, propelled by strong gains in RIL; rupee closes higher
Fp Staff • 5 years agoReliance Industries was the biggest contributor to the gains on the index, jumping over 3 percent after the company announced that US-based PE firm Vista Equity Partners will buy 2.32 percent stake in Jio Platforms for Rs 11,367 crore.
Govt seeks suggestions from auto industry leaders for resource mop-up; sector demands financial package
• 5 years agoThe government of Thursday sought suggestions on methods of resource mobilisation from captains of the automobile industry, who raised several demands for a financial package to overcome the impact of the COVID-19-induced lockdown
Bharti AXA General ties up with PolicyBazaar for 'pay as you drive' motor insurance policy
Fp Staff • 5 years agoThe usage-based motor insurance, popularly known as ‘Pay As You Drive’, allows customers to pay the premium depending on how many kilometres the car has travelled
India plans to fast track Chinese investments over fears of policy change hitting plans of companies, investors: Report
• 5 years agoWhile the fast track mechanism would be open to all India’s neighbours with a land border, China would be the main beneficiary.