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Wednesday, 06-Mar-2024
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Services PMI in Feb remained robust but slowed slightlyBusiness Standard
06-Mar-2024
India's service sector activity continued to expand in February, but a tad lower than January when it had hit a six-month high. A slowdown in growth in new orders and output in the country's dominant services sector |
Deepening US-India ties through innovation, tradeBusiness Standard
06-Mar-2024
As I begin my fourth visit to India in my role as the US Department of Commerce assistant secretary for global markets, I am enthusiastic about the prospects for building new trade relationships, advancing our mutual efforts to combat climate change, and deepening the ties between our countries’ dynamic startup ecosystems. Between March 4 and 11, 12 US businesses and organisations will be travelling to Delhi and Mumbai, with some companies also making a third stop in Chennai. These companies and organisations represent some of the most innovative in the environmental and clean energy technology sectors, ranging from energy distribution, |
Bajaj Auto to drive in world's 1st CNG bike next quarterBusiness Standard
06-Mar-2024
Bajaj Auto is poised to launch the world's first compressed natural gas (CNG)- powered motorcycle in the next quarter, revealed the firm's Managing Director Rajiv Bajaj on Monday. This announcement precedes the previously anticipated 2025 launch. |
Direct tax mop - up Centre set to meet revised estimateFinancial Express
06-Mar-2024
THE CENTRE HOPES to achieve its revised direct tax collrections target for the current fiscal, but personal income tax (PIT) mop-up could be slightly lower than respective revised estimate, a senior official told FE on Tuesday. |
Motovolt Mobility look at setting up production unit in SouthThe Hindu Business Line
06-Mar-2024
Motovolt Mobility, which plans to launch more products in the electric two-wheeler segment, may look at setting up a manufacturing facility in South India. After rolling out a multi-utility e-scooter here on Tuesday, the Kolkata-based company said it is planning to launch an electric motorcycle next year. |
Chinese EV maker BYD expects to get Indian homologation certificate soonThe Hindu Business Line
06-Mar-2024
The Indian arm of the Chinese electric vehicle (EV) maker BYD, on Tuesday, said that it expects to get a homologation certificate from Automotive Research Association of India (ARAI) soon, which can help it sell more cars in the country. Currently, BYD India is importing its vehicles under the Economic Commission for Europe (ECE) vehicle certification and GSR 870 CIRT certificate that puts a cap on imports at 2,500 units per model per year. |
Rupee stays flat with uncertain trend aheadThe Hindu Business Line
06-Mar-2024
The rupee (INR) remained trendless against the dollar over the past week. It closed largely unchanged on Tuesday at 82.89, compared with last Tuesday’s close of 82.90. One reason for this is that the dollar, is staying subdued. |
Retain longs in aluminium with stop - loss at Rs 198The Hindu Business Line
06-Mar-2024
Aluminium futures on the Multi Commodity Exchange (MCX) bounced off Rs198 last week. On Monday it closed at Rs202.05, which has also lifted the contract above the 20-day moving average (DMA). |
More Million Dollar CXOs Walk Out of Indian Factory GatesThe Economic Times
06-Mar-2024
CXOs from the industrial and manufacturing sector ruled the million-dollar compensation club in FY23 with 35 executives from this sector across BSE200 companies earning more than Rs 8.2 crore, or $1 million, compared to 31 in FY22. Top bosses in the financial services sector came in second, followed by those in automotive and pharma sectors, respectively, showed a study conducted for ET by executive search firm EMA Partners India. |
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