Panasonic Holdings is exiting India's refrigerator and washing machine sectors due to intense competition and low market share, impacting its consumer electronics business. The company will shut down production at its Jhajjar factory, resulting in potential layoffs. Panasonic will now concentrate on core areas like televisions, air conditioners, and B2B solutions, aligning with a global restructuring strategy.
A young woman created a scare by driving a car on a railway track near Hyderabad on Thursday.
Valuations of PSU stocks have fallen to 12 times forward PE, down from the last July peak of 14 times
Homegrown FMCG firm Dharampal Satyapal Group's Pulse candy is poised to become a Rs 1,000-crore brand within two years, projecting its current sales. Having already crossed Rs 750 crore in FY25, the company plans strategic expansion int ...more
This is AstraZeneca's second major investment in India within a year after the expansion of its Global Innovation and Technology Centre (GITC) in Chennai
From the Sensex constituents, Tata Steel, Bajaj Finance, Bharti Airtel, Adani Ports, Eternal, Bajaj Finserv, NTPC, HDFC Bank, Reliance Industries and Axis Bank were among the major gainers.
Recurring deposits are ideal for people who want to build a habit of saving, without investing large amounts all at once.
From 2014 to 2024, organic growth varied sharply by region, with wealth managers in the Asia Pacific region (APAC) achieving rates of 50 per cent -- more than double that of their peers in EMEA (Europe, Middle East and Africa) and North America, driven decisively by emerging markets like India, the report states.
Mahindra & Mahindra will introduce a new vehicle platform. It is likely to be called 'Nu'. The unveiling is scheduled for August 15, 2025. This platform will support petrol, diesel, hybrid, and electric vehicles. It will underpin future ...more
Sensex settles 1,000 points or 1.21% higher at 83,755; Nifty 50 soars 304 points or 1.21% to 25,549
Consumer confidence in India surged in June, with the LSEG-Ipsos PCSI rising 2.9 points to 59.0, placing India second among 30 countries.
The government, through NHAI and Union Minister Nitin Gadkari, has refuted media reports suggesting toll charges for two-wheelers. NHAI clarified on X that no such proposal is under consideration, ensuring the current exemption remains.
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