Stock market ends flat; auto shares surge as IT and FMCG decline
Mumbai, Sep 5 (IANS) The Indian equity indices ended flat after a volatile session on Friday as investors showed a mixed approach amid weak global cues.
Mumbai, Sep 5 (IANS) The Indian equity indices ended flat after a volatile session on Friday as investors showed a mixed approach amid weak global cues.
New Delhi, Sep 5 (IANS) An Indore-bound Air India Express flight from Delhi suffered a mid-air engine fault on Friday, prompting the pilots to make a ‘PAN-PAN’ call to Air Traffic Control before landing safely with all passengers unharmed.
Mumbai, Sep 5 (IANS) Maharashtra Transport Minister Pratap Sarnaik said on Friday that he has taken the delivery of Tesla car to spread awareness about electric mobility among citizens, especially the younger generation.
New Delhi, Sep 5 (IANS) Shares of Ola Electric Mobility dropped nearly 8 per cent on Thursday’s intra-day trading session after Japanese investment giant SoftBank cut its stake in the electric scooter maker through open market deals.
New Delhi, Sep 5 (IANS) The revenue of India Inc. will likely grow 6-7 per cent during the current financial year because of the reduction in the goods and services tax (GST) rates. The reductions will have a positive impact on consumption, which accounts for 15 per cent of the revenue of corporates, according to a Crisil Intelligence Report released on Friday.
New Delhi, Sep 5 (IANS) Two-wheelers and passenger vehicles (PVs), which together account for 90 per cent of the domestic automobile industry’s volume, are expected to see demand increase by 200 basis points (bps) and 100 bps, respectively, a Crisil report showed on Friday.
New Delhi, Sep 5 (IANS) The next-generation GST reforms are a historic leap forward for India’s textile sector, serving as a catalyst for the country’s march towards becoming a $350 billion textile economy by 2030, according to the government.
New Delhi, Sep 5 (IANS) India has demonstrated the potential to gasify coal with high ash content through proven indigenous technology trials, according to experts at a NITI Aayog event.
Mumbai, Sep 5 (IANS) The Indian benchmark indices opened higher on Friday, buoyed by transformative rate reductions announced by the GST Council across sectors as buying was seen in the auto, IT and PSU bank shares in the early trade.
New Delhi, Sep 5 (IANS) The ‘SEMICON India 2025’ event brought together global industry leaders, policymakers, academia, companies and startups -- fostering investment, dialogue, and strategic partnerships, according to the government.