Business

Honda Cars India introduces new petrol grade of Honda City

Friday, 11 January 2019 09:12
Passenger car maker Honda Cars India on Thursday introduced a new petrol grade of its mid-size sedan Honda City, with an ex-showroom price of Rs 12.7 lakh. According to the company, the addition of new ZX MT (petrol) grade is…

PNB hikes accidental insurance cover for Army personnel, veterans

Friday, 11 January 2019 09:05
The personal accident and air accident insurance covers for serving army personnel and veterans have been increased to Rs 30 lakh and Rs 1 crore, respectively, under an MoU signed here on Thursday by state-run Punjab National Bank and the…

Mercedes-Benz India sales volumes grows by 1.4%

Thursday, 10 January 2019 09:22
Luxury car maker Mercedes-Benz India’s 2018 sales volumes inched up by 1.4 per cent amidst strong macro-economic headwinds in the second half of the year. According to the firm, sales increased to 15,538 units between January and December, 2018 from…

Air India new scheme aims to fill vacant business class seats

Thursday, 10 January 2019 09:19
With an aim to lure more passengers and sell-off its vacant seats in business class, financially stressed Air India has launched a scheme for passengers to upgrade their economy class tickets to business class. Breifing reporters about the new scheme…

Ousted Nissan chief tells court he’s innocent

Tuesday, 08 January 2019 13:35
Ousted Nissan Motor chairman Carlos Ghosn, who was arrested in connection with financial misconduct allegations, told a court here on Tuesday that he was innocent and “wrongfully accused”. “I have been wrongly accused and unfairly detained based on meritless and…

IBM earns record patents in 2018, India 2nd highest contributor

Tuesday, 08 January 2019 13:28
IBM investors from India earned over 800 patents — the second highest contributor to the company’s global record of 9,100 patents in the US in 2018 — with nearly half in the fields of Artificial Intelligence (AI), Cloud computing, cyber…

RBI to carefully consider liquidity inducing measures: Governor Das

Tuesday, 08 January 2019 10:07
Assuring adequate liquidity measures whenever the need arises RBI Governor Shaktikanta Das on Monday noted that liquidity should not become “loose money” and the apex bank would excercise the measures with caution. The Reserve Bank of India has “a sense”…

Ousted Nissan chief to appear in court on January 8

Saturday, 05 January 2019 16:17
Ousted Nissan Motor chairman Carlos Ghosn will appear at a court here on Tuesday for the first time since his arrest in November, the Tokyo public prosecutors’ office said on Friday. Ghosn, one of the most powerful figures of the…

After India, Musk finds fault with Singapore

Friday, 04 January 2019 17:04
Beginning his Twitter tirade in New Year, Tesla founder and CEO Elon Musk has criticized Singapore, saying the government there has been “unwelcome” to his electric car plans for the city state. Responding to one of his follower’s question on…

Chinese yuan edges up to 6.8586 against US dollar

Friday, 04 January 2019 10:00
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 45 basis points to 6.8586 against the US dollar Friday, according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the yuan is…