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Hyundai Creta tops SUV exports from India in 2021

New Delhi, Jan 25 (PTI) Hyundai Motor India on Tuesday said its model Creta has led the SUV exports from India in 2021 with dispatches of 32,799 units.Overseas shipments of the model grew 26.17 per cent year-on-year over 2020 when it had dispatched 25 995 units.In total, the automaker noted that it exported 42,238 SUVs [...]

Ex-UST head Sajan Pillai’s McLaren Ventures launches Rs 100-cr chip design co; to hire 100 techies soon

Mumbai, Jan 25 (PTI) McLaren Strategic Ventures (MSV), a startup focused-investment firm founded by Sajan Pillai, has launched a semiconductor design vertical Atlas Silicon in the country with planned investment of around Rs 100 crore. It plans to start hiring 100 engineers by March. The California-based McLaren Strategic Ventures is a business acceleration initiative launched [...]

Volvo Group India seeks moderate taxation regime for auto sector

Mumbai, Jan 25 (PTI) Pitching for a more moderate taxation regime for the automobile sector in the forthcoming Union Budget, Volvo Group India on Tuesday stressed on the need for a careful and selective strategy on phased manufacturing programme in some areas to boost technology adoption. In its pre-budget expectation note, Volvo Group India President [...]

IFB Home Appliances partners with Xeros Tech; launches new washing machines for institutional buyers

New Delhi, Jan 25 (PTI) Homegrown IFB Home Appliances on Tuesday said it has partnered with the UK-based Xeros Technologies to bring a new range of energy- and water-efficient washing machines targeting commercial and institutional buyers. As part of that, the Kolkata-based company will introduce Xeros-enabled washing machines that could save up to 70 per [...]

MUMBAI, JAN 25 (PTI)

MUMBAI BULLION :- OPENING CLOSING SILVER SPOT (IN RS PER KILO) : 63853.00 63712.00 STANDARD GOLD (99.5) : 48689.00 48665.00 PURE GOLD (99.9) : 48885.00 48861.00 ------------------ PTI MUM SVC SVC SVC

Rupifi onboards Koovs Founder to head B2B Payments Innovation and Product Expansion

BANGALORE, India, Jan. 25, 2022 /PRNewswire/ -- Rupifi, India's leading B2B payments and transactions solutions provider, today announced the appointment of Rajesh Kamra as the Head of Innovation Labs to drive strategy and solutioning for B2B payment offerings for the MSME segment. An alumnus of IIT Kanpur, Rajesh comes with 15 years of experience in [...]

SBI Card shares jump over 4% post earnings announcement

New Delhi, Jan 25 (PTI) Shares of SBI Cards and Payment Services on Tuesday gained over 4 per cent after the firm reported an 84 per cent jump in net profit for December quarter 2021. The company's stock zoomed 4.90 per cent to Rs 854 during the day on the BSE. It settled at Rs [...]
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