Economic Times

Car sales in India have been declining, but automakers are optimistic about the upcoming festive season boosting demand. Discounts, promotional offers
Companies - 4 days ago
Oyo's Ahmedabad office was sealed due to a warrant favoring a hotelier over unpaid dues but was reopened following a court ruling that deemed the dist
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Flex space operators have nearly doubled average transaction size, reaching 36,590 sq ft in H1 2024. Post-pandemic demand shift to large conglomerates
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The Competition Commission of India has approved Mankind Pharma's Rs 13,630 crore acquisition of Bharat Serums and Vaccines. This acquisition, which i
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Car sales have dropped for three months in a row, despite discounts. Major players like Maruti Suzuki, Hyundai, and Tata Motors reported reduced sales
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Eicher Motors' VE Commercial Vehicles achieved a 5.7 per cent increase in sales, reaching 7,609 units in September. This included 7,322 Eicher brand u
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Hero MotoCorp recorded a 19 per cent increase in wholesales to 6,37,050 units in September. Domestic sales rose to 6,16,706 units, while exports reach
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Air India Group has successfully merged Air India Express and AIX Connect, formerly AirAsia India. The merger, effective October 1, received approval
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The Supreme Court permits the National Company Law Appellate Tribunal (NCLAT) to assess NBCC's proposal to complete Supertech Ltd's 17 stalled project
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Union Heavy Industries Minister H D Kumaraswamy urges the automotive industry to avoid subsidy misappropriation under the new PM E-DRIVE scheme. The s
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Shree Cement Ltd has signed an MoU with DPIIT to support manufacturing startups by providing infrastructure, mentorship, funding access, and market co
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ZEE Entertainment Enterprises Ltd aims to enhance profitability by focusing on frugality, quality content, and optimising performance across its busin
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JSW Cement has increased its Vijayanagar plant capacity by 2 million tonnes per annum to 6 MTPA, bringing its total grinding capacity to 20.6 MTPA. Th
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Alt DRX has partnered with Harsha Bhogle as its brand ambassador to transform real estate investment in middle India. The company uses Blockchain-base
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Dabur's beverage sector experienced a downturn due to heavy rains and floods affecting consumer demand in Q2FY25. While previous quarter profits had r
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Maruti Suzuki India saw a 2 per cent increase in total sales in September, reaching 1,84,727 units. Domestic passenger vehicle sales dropped by 4 per
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India's power consumption in September remained nearly unchanged at 141.36 billion units year-on-year, primarily due to 10.6% above-normal rainfall re
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The CBI filed a closure report against former NDTV promoters Prannoy Roy and Radhika Roy in a 2009 ICICI Bank loan case, citing lack of legally tenabl
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The government has introduced the PM E-DRIVE Scheme to encourage electric vehicles' adoption and infrastructure development. The scheme will run from
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State-owned REC has inked a Memorandum of Understanding (MoU) with the Rajasthan government to finance power and non-power infrastructure projects wor
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