Business news

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Maruti, Mahindra, Tata, Honda and Renault Mull Price Hike from April

Indian carmakers are reportedly considering a price hike for all their vehicles on the back of higher input costs and a weakening rupee.

Mar 27, 2014

Mahindra Launches Bolero Special Edition in India

Mahindra & Mahindra introduced a special edition of its Bolero SUV in India to boost the sales of the vehicles in the domestic market.

Mar 27, 2014

Canon Launches EOS 1200D DSLR in India; Price, Feature Details

Japanese camera maker Canon announced the launch of the EOS 1200D, entry-level DSLR in India at a price of INR 30,995 for the body.

Mar 27, 2014

BSE closes points 21.64 up on March 26

New Delhi, March 26 (ANI): Trading at the Bombay Stock Exchange today closed 21.64 points up to stand at 22,076.85. At the National Stock Exchange the Nifty 11.65 points up to stand at 6,601.40. Ashok Leyland and Oberoi Realty were among the top gainers of Group A with an increase of 10.37% and 8.25% along with SAIL and Yes Bank with an increase of 6.28% and 5.97% respectively, while the top losers of Group A include Indiabulls Real Estate and Eicher Motors with a decrease of 4.72% and 4.00% along with Glenmark Pharma and Indraprastha Gas with a decrease of 3.78% and 3.43% at the close of the markets. The Auto sector is up 130.87 points at 13,051.52 while the banking sector is up 87.14 points at 14,307.19 and the realty sector is down 5.51 points at 1,388.35. The Indian currency is up 0.55% at Rs 60.15 per dollar.

Mar 26, 2014

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2014 Chevrolet Cruze Facelift in India; Price, Feature Details

General Motors India announced the launch of the updated version of Chevrolet Cruze sedan in the domestic market, with a price range starting at INR13.70 lakh (ex-showroom, New Delhi).

Mar 26, 2014

Sensex hits fresh all time high, Nifty crosses 6600

New Delhi, March 26 (ANI): Both Sensex and Nifty on Wednesday crossed their all time high. The Sensex opened higher at 22,134.71 and rose further to an all-time high of 22,172.10 before quoting at 22,154.79 showing a gain of 99.58 points from its last close. Meanwhile, Nifty crossed a high of 6600. Talking about the development, Market Analyst Akash Jindal predicted that after Diwali it may cross 25000. Jindal also said that economy is looking better with dollar below the rupee now. He also suggested the investors to not hurry in their investments and wait for some more time as the economy is going to boost further.

Mar 26, 2014

2014 Renault Fluence Facelift Launched in India; Price, Feature Details

Renault took the wraps off its new Fluence facelift in India at a starting price of INR13.99 lakhs (ex-showroom, Delhi).

Mar 26, 2014

BSE closes points 12.76 down on March 25

New Delhi, March 25 (ANI): Trading at the Bombay Stock Exchange today closed 12.76 points down to stand at 22,042.72. At the National Stock Exchange the Nifty 6.25 points up to stand at 6,589.75. Dish TV India and Ashok Leyland were among the top gainers of Group A with an increase of 6.24% and 5.97% along with Apollo Tyres and Container Corp with an increase of 5.87% and 5.85% respectively, while the top losers of Group A include Pipavav Defence and Indian Bank with a decrease of 3.02% and 2.88% along with Oberoi Realty and RIL with a decrease of 2.87% and 2.87% at the close of the markets. The Auto sector is up 40.62 points at 12,929.12 while the banking sector is up 40.22 points at 14,220.05 and the realty sector is up 18.09 points at 1,394.04. The Indian currency is up 0.47% at Rs 60.49 per dollar.

Mar 25, 2014

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Maruti Suzuki Celerio Bookings Cross 32,000; Company to Double its Capacity

Maruti Suzuki's much acclaimed hatchback offering Celerio has reportedly garnered more than 32,000 booking in the domestic market since its launch in February.

Mar 25, 2014

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Tata Zest Spotted on Test; Launch Soon

Tata Motors's upcoming sedan Zest has been spied testing in India again, suggesting the imminent launch of the car.

Mar 25, 2014

BSE Sensex hits record high bank stocks lead

New Delhi/ Mumbai, March 25 (ANI): Indian stock market jumped nearly 1.5 percent to record highs surpassing their previous all-time highs hit just last week as lenders extended a recent rally boosted by strong foreign investor flows. The Nifty ended 1.36 percent higher after marking a lifetime high of 6,591.50, while the benchmark Sensex finished 1.38 percent up after touching a record high of 22,074.34, surpassing their previous milestones hit on March 18. The prospect that the upcoming elections will usher in a new government led by the BJP is also aiding the gains, given market perceptions that the party has a more business-friendly stance.

Mar 25, 2014

BSE closes points 299.66 up on March 24

New Delhi, March 24 (ANI): Trading at the Bombay Stock Exchange today closed 299.66 points up to stand at 22,054.98. At the National Stock Exchange the Nifty closed 88.60 points up to stand at 6,583.50. Container Corporation Of India Ltd and Engineers India were among the top gainers of Group A with an increase of 5.79% and 5.71% along with Gail India and Muthoot Finance Ltd. with an increase of 5.22% and 5.16% respectively, while the top losers of Group A include United Spirits and Financial Technologies with a decrease of 3.98% and 3.60% along with TV18 Broadcast and Aurobindo Pharma Ltd. with a decrease of 3.31% and 2.51% at the close of the markets. The Auto sector is up 104.44 points at 12,885.53 while the banking sector is up 387.54 points at 14,190.58 and the realty sector is up 4.60 points at 1,373.39. The Indian currency is up 0.32% at Rs 60.70 per dollar.

Mar 24, 2014