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"As a new entrant in the Indian market, the robust sales momentum of our first offering, the Hector, has been very encouraging. We are working closely with our global and local suppliers to increase the production of the Hector in 2020 to support the booking backlog," said Rakesh Sidana, director for sales, MG Motor India. from Moneycontrol Business News https://ift.tt/2sEEg53

Domestic sales during the month grew by 3.5 percent to 1.25 lakh units and exports increased 10.2 percent to 7,561 units compared to December 2018. from Moneycontrol Business News https://ift.tt/357vwBO

In the first half of the current fiscal, the CAD narrowed to 1.5 percent of GDP from 2.6 percent in the same period in FY2018-19 on the back of a reduction in the trade deficit. from Moneycontrol Business News https://ift.tt/2SESNZe

As the Indian equities signed off 2019 on a remarkable note, the market capitalisation (m-cap) of BSE-listed companies rose by Rs 11,05,363.35 crore to Rs 1,55,53,829.04 crore. from Moneycontrol Business News https://ift.tt/359lC2n

Rupee had closed the 2018 year at 69.77 to the US dollar. from Moneycontrol Business News https://ift.tt/2QbFP3p

To alleviate the stress in the sector, the government and RBI announced several measures such as allowing banks to provide partial credit enhancements to bonds issued by NBFCs, relaxing the minimum holding period to encourage loan securitisation. from Moneycontrol Business News https://ift.tt/37nyNyh

The government has asked all departments to restrict the expenses to 25 per cent of the Budget Estimate (BE) in January-March. from Moneycontrol Business News https://ift.tt/2ZLGJac

The preferential allotment increases the bank#39;s total capital adequacy ratio to 16.31 per cent, core equity tier I ratio to 15.29 per cent, enhancing the bank#39;s capital adequacy. from Moneycontrol Business News https://ift.tt/35cJxOo

From April to November, the industry added 5,709 new individual ARNs as against an addition of 13,272 ARNs in the same period last year from Moneycontrol Business News https://ift.tt/37pJPDm

The Financial Recourse and Management Committee of the company#39;s board has approved allotment of 3,500 secured, rated, listed, redeemable non-convertible debentures of face value of Rs 10 lakh each, aggregating to Rs 350 crore, according to a BSE filing. from Moneycontrol Business News https://ift.tt/2ZG42lr

"Indoco Remedies received final approval of its ANDA (Abbreviated New Drug Application) for Febuxostat tablets 40 mg and 80 mg, which is therapeutically equivalent to the Reference Listed Drug (RLD), viz, Uloric Tablets 40 mg and 80 mg of Takeda Pharmaceuticals USA, Inc," the company said in a filing to the BSE. from Moneycontrol Business News https://ift.tt/2tmoKe3

As part of this fundraising round, the proposed loans will be offered globally, including in the US, with securities which may have a maturity period of 7 or 10 years. from Moneycontrol Business News https://ift.tt/2ZFqJWU

The HF Deluxe BS-VI will be available at Rs 55,925 for self-start alloy-wheel variant and Rs 57,250 for self-start alloy i3S variant (prices ex-showroom Delhi) from the beginning of January 2020, the company said in a statement. from Moneycontrol Business News https://ift.tt/35d11ui

Marionol capsules are used to treat the loss of appetite (anorexia) in AIDS patients and to treat nausea and vomiting in patients receiving chemotherapy. from Moneycontrol Business News https://ift.tt/2rGFKLI

In a flue gas desulphurisation system (FGD), sulphur compounds are removed from the exhaust emissions of fossil-fuelled power stations. from Moneycontrol Business News https://ift.tt/368i95A

"Cyril Anand, the incumbent CRO will retire from the services of the bank, with effect from close of business hours of December 31, 2019," Axis Bank said in a statement. from Moneycontrol Business News https://ift.tt/39vDybc

Employees#39; Provident Fund Organisation (EPFO) is undertaking several digital initiatives including online Universal Account Number (UAN) generation facility for subscribers and e-inspection system for employers. from Moneycontrol Business News https://ift.tt/39tXKd9

While Nexon became the first Made-in-India car to be awarded five star ratings Kia followed next with the mid-size SUV Seltos from Moneycontrol Business News https://ift.tt/2MJunKb

Telecom Minister Ravi Shankar Prasad on Monday said the government will allocate airwaves to all telecom service providers for conducting trials of super-fast speed 5G networks. from Moneycontrol Business News https://ift.tt/2MG4hYM

A consortium of 12 lenders led by Power Finance Corp and State Bank of India assigned the existing principal debt of 65.74 billion rupees to a set of new investors and lenders, led by Goldman Sachs and Varde Partners for 40.50 billion rupees. from Moneycontrol Business News https://ift.tt/2rH4zal

In a departure from the past, industry body Nasscom discontinued providing its annual growth forecast for the industry -- an important tool to gauge the sentiment of the sector. from Moneycontrol Business News https://ift.tt/2FdIdQN

The appointment of Mathur, for a period of five years, is subject to the approval of the members at the next annual general meeting of the company, CG Power and Industrial Solutions said in a filing to BSE. from Moneycontrol Business News https://ift.tt/2SMhB1g

"... 800 MW unit of Darlipali Super Thermal Power Project has been added to installed capacity of NTPC on successful completion of trial operation," the company said. from Moneycontrol Business News https://ift.tt/35cH8DF

"Kalpataru Power Transmission Ltd (KPTL)... has secured new orders/notification of award of approximately Rs 979 crore. The company#39;s international subsidiary secured new TD projects in Europe," it said in a filing to BSE. from Moneycontrol Business News https://ift.tt/2SFOrAV

The finance ministry and IRDAI’s requests comes in the aftermath of the Punjab and Maharashtra Cooperative (PMC) Bank scam from Moneycontrol Business News https://ift.tt/2MEx0gm

According to Dun Bradstreet#39;s Economy Forecast, the need for fiscal stimulus has increased even as the government finances remain "strained". from Moneycontrol Business News https://ift.tt/2MFHc8s

At the interbank foreign exchange market, the rupee opened at 71.36 against the US dollar. from Moneycontrol Business News https://ift.tt/2tZsCSB

Under the pacts, the company would build hotels and extend contracts across brands such as #39;W#39;, #39;Westin#39; and #39;Marriott Executive Apartment#39; in Hyderabad and Mumbai. from Moneycontrol Business News https://ift.tt/2Q6P7xJ

The pan-regional Euro Stoxx 600 was down 0.3 percent while Germany#39;s DAX slipped 0.5 percent. from Moneycontrol Business News https://ift.tt/2SAM4PQ

The companies said in a joint statement that they will form a partnership, with Grab owning 60 percent and Singtel holding the remainder to apply for a digital banking licence to serve retail and small and medium enterprises. from Moneycontrol Business News https://ift.tt/2rDRY7N

The drug is now the only approved medicine in biomarker-selected patients with advanced pancreatic cancer. from Moneycontrol Business News https://ift.tt/35awRrv

Sources said all operators and vendors, including Huawei, will be included in trials. from Moneycontrol Business News https://ift.tt/369R5D7

This comes at a time when the country#39;s exports have not performed all too well, with merchandise exports having contracted by 0.34 percent year-on-year in November. from Moneycontrol Business News https://ift.tt/39rwFHx

नई दिल्ली आम्रपाली की लग्जरी कारों और अनसोल्ड प्रॉपर्टी की नीलामी 7 जनवरी से शुरू होगी। पहले दिन लग्जरी कारों को नीलाम किया जाएगा। इसके अगले दिन अनसोल्ड प्रॉपर्टी की बोली लगेगी। महज एक रुपये जमा कर लग्जरी कारों की नीलामी में शामिल हो सकते हैं। फ्लैट के लिए एक लाख और कमर्शल प्रॉपर्टी के लिए 50 लाख रुपये जमा कराने होंगे। एमएसटीसी की वेबसाइट (www.mstcecommerce.com) पर ई-नीलामी होगी। इसमें हिस्सा लेने के लिए वेबसाइट पर पहले से लॉग-इन आईडी बनानी होगी। इसके लिए वेबसाइट पर लिंक लाइव कर दिया गया है। एमएसटीसी के ई-वॉलेट में रुपये जमा कराने के बाद बोली लगा सकेंगे। नीलामी से जो रुपये मिलेंगे, उन्हें नैशनल बिल्डिंग कंस्ट्रक्शन कॉर्पोरेशन () लिमिटेड को ग्रुप के अधूरे प्रॉजेक्ट पूरे करने के लिए दिए जाएंगे। 15 लग्जरी कारें होंगी नीलाम 7 जनवरी को सबसे पहले लग्जरी कारों की नीलामी होगी। पहले चरण में 15 कारों को इसमें रखा गया है। सुबह 11 बजे से दोपहर 3 बजे तक ई-नीलामी में बोली लगा सकते हैं। कारों के मॉडल नंबर समेत अन्य जानकारियां वेबसाइट पर डाल दी गई हैं। 2010 से लेकर 2014 तक के मॉडल की कारें मौजूद ह...

"Payments worth Rs 1,700 crore have been released to our vendors and contractors of BSNL," he said. from Moneycontrol Business News https://ift.tt/2tjwNbx

Speaking about the overall slowdown, the company#39;s chief said: "The year 2019 has been a tough year in terms of the consumption but we are putting in best of the efforts in marketing, product profiling, technology and customer profiling to grab the best we can." from Moneycontrol Business News https://ift.tt/2Q6hVGC

The company has launched generic Sodium Nitroprusside injection, 50 mg/2 ml (25 mg/ml) single-dose vial after getting approval from the United States Food and Drug Administration (USFDA), Dr Reddy#39;s Labs said in a filing to the BSE. from Moneycontrol Business News https://ift.tt/2F5sYtu

The finance ministry and IRDAI’s requests comes in the aftermath of the Punjab and Maharashtra Cooperative (PMC) Bank scam from Moneycontrol Business News https://ift.tt/369laTj

The AAI intends to develop water aerodromes in Long Island, Swaraj Island and Shaheed Island with a total investment of Rs 50 crore and sought clearance for preparing the Terms of References separately for three airports. from Moneycontrol Business News https://ift.tt/2Q8ZS2I

Senior executives such as chairman, managing director and CEO of large automotive companies will not attend the Auto Expo. from Moneycontrol Business News https://ift.tt/2swssSs

The Centre envisions a contribution of USD 2 trillion from micro, small and medium enterprises (MSMEs) as India eyes becoming a USD 5 trillion economy by 2024. from Moneycontrol Business News https://ift.tt/37iK17h

Complaints about sudden cancellation of flights or change in schedules with adequate notice, are on the rise. Harried passengers are sometimes forced to cancel their tickets or alter travel plans. from Moneycontrol Business News https://ift.tt/2snlqj2

Trade margins for branded generics are standardised (currently around 30 percent), while those on unbranded generics vary from Moneycontrol Business News https://ift.tt/2ZzjIHn

Clients that have enrolled with Minance#39;s APC can earn additional returns on top of what their existing investments make. from Moneycontrol Business News https://ift.tt/2MDARKC

The policy will reportedly mandate a hike in registration renewal fees for vehicles older than 15 years. from Moneycontrol Business News https://ift.tt/36kY77S

The first phase of 126 mw of the project is scheduled to be commissioned by the third quarter of FY21 at Dayapar in Bhuj district, Gujarat, and will be executed on a turnkey project basis. from Moneycontrol Business News https://ift.tt/2tiYktF

The growth in smartphone adoption was further fuelled by the government#39;s push to position the country as a global hub for manufacturing and coax Apple and other leading brands to produce and export more phones from India. from Moneycontrol Business News https://ift.tt/2ZzUw3r

The new minimum recharge plan will come into effect from Sunday. The announcement pertained to prepaid subscribers of Bharti Airtel and Bharti Hexacom in all service areas, it added from Moneycontrol Business News https://ift.tt/2QyKn2M

Japan, Germany and India will battle for third position over the next 15 years, according to the CEBR from Moneycontrol Business News https://ift.tt/2QtD3pl

"The market intervention scheme has been extended by the Union government till March 2020," the spokesman said. from Moneycontrol Business News https://ift.tt/2ZyV6OQ