90-95 per cent of the cars that Mercedes-Benz sells in India are locally produced: MD Santosh Iyer
India's external debt experienced a 10% surge, reaching $736.3 billion by March 2025, with the debt-to-GDP ratio slightly increasing to 19.1%. The non-financial corporate sector held the largest share of borrowing, while loans constitut ...more
India's foreign exchange reserves decreased by $1.01 billion, reaching $697.93 billion in the week ending June 20, according to RBI data. This decline reverses the previous week's increase. The drop was primarily due to decreases in for ...more
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Coal India will invest over Rupees 1,067 crore in Talcher Fertilizers Limited. This investment supports India's first coal gasification-based ammonia urea plant. The Talcher project aims to produce 12.7 lakh tonnes of urea annually. The ...more
Mazagon Dock Shipbuilders Limited (MDL) is set to acquire a controlling stake in Colombo Dockyard PLC (CDPLC) for up to $52.96 million, marking its first international acquisition. This strategic move aims to expand India's maritime inf ...more
To tour 30 industrial cities to showcase its 10 future-ready solutions
In May, India's telecom sector saw a slight increase, reaching 120.7 crore subscribers, with Reliance Jio and Bharti Airtel capturing almost all new additions. Jio led with 27 lakh new mobile users, while Airtel added 2.75 lakh, offsett ...more
The Audi A4 Signature Edition reaffirms the brand’s presence in the segment, but will it lure new buyers?
The MG Hector brings together muscular looks, SUV charm, and spacious interior in an overall easy-to-live-with package
The bank has acquired 24.91% equity stake in Future Generali India Insurance Company and 25.18% equity stake in Future Generali India Life Insurance Company Ltd
No major imbalances in macro aggregates, subdued inflation and growth-supportive monetary policy stance place India’s macroeconomic health in a relative Goldilocks situation, a report by the Economic Affairs Department said
In an affidavit filed in the Pune court on Friday, Hiremath claimed Gaurishankar used his goodwill with their father Dr Neelkanth Kalyani to obtain a power of attorney to manage his assets in Karad
With a near 10% share, JSW Paints narrows the gap with Kansai Nerolac
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