State-run NLC India Ltd on Sunday said its chairman and managing director Rakesh Kumar has relinquished his post on attaining superannuation. The Tamil Nadu-based Navratna company, in a BSE filing, said its Director Planning and Projects K Mohan Reddy has been entrusted the additional charge of the post of CMD for a period of three [...]
With special emphasis on youth, the last budget of the present Ashok Gehlot-led Congress government in Rajasthan is expected to be focused on social welfare schemes to counter inflation, one of the key issues on which the party would contest the assembly elections in 2023. The budget would also have a reflection of Rahul Gandhi's [...]
Hyundai Motor India Ltd on Sunday reported an 18.2 per cent increase in total sales at 57,852 units in December 2022. The company had sold 48,933 units in the same month in 2021, Hyundai Motor India Ltd (HMIL) said in a statement. Domestic sales grew by 20.2 per cent last month at 38,831 units as [...]
New supply of residential properties rose 51 per cent last year to 3,57,635 units across seven major cities as builders launched more projects to tap rising demand, according to Anarock. In its annual report for 2022, the leading housing brokerage said new launches increased to 3,57,635 units last year from 2,36,693 units in 2021 across [...]
Tata Motors on Sunday reported a 10 per cent increase in total domestic sales at 72,997 units in December 2022. The company had sold 66,307 units in the same month previous year, Tata Motors said in a statement. Passenger vehicle sales in the domestic market stood at 40,043 units last month as against 35,299 units [...]
India's petrol and diesel demand soared in December as increased consumption in agriculture sector helped build on the momentum generated by the festive season, preliminary industry data showed on Sunday. Petrol sales soared 8.6 per cent to 2.76 million tonnes in December, as compared to 2.54 million tonnes of consumption in the same month last [...]
Assam Chief Minister Himanta Biswa Sarma Sunday claimed that the state is on the growth trajectory after acheiving considerable financial stability during 2022. It is for the first time that the state is not dependent on the Centre for payment of salaries of its employees, which has been possible due to increased oil royalty, excise, [...]
Toyota Kirloskar Motor on Sunday reported a data breach in its system but said the extent of intrusion is being confirmed. In a statement, the company said it has been "notified by one of its service providers of an incident that might have exposed personal information" of some of its customers on the internet. "The [...]
Domestic passenger vehicles sales rose by 23 per cent to a record of 37.93 lakh units in 2022 led by the likes of Maruti Suzuki, Hyundai and Tata Motors as the companies rode on easing of pandemic related challenges and semiconductor shortages to cash in on pent up demand, specially for SUVs. Other manufacturers like [...]
The collections from Goods and Services Tax (GST) grew by 15 per cent to over Rs 1.49 lakh crore in December 2022, indicating improved manufacturing output and consumption demand, besides better compliance. This is the 10th month in a row that the revenues have remained above the Rs 1.4 lakh crore mark. The collection in [...]
