IBT Business Desk

Articles by IBT Business Desk

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Sensex plunges 318 pts, Infosys and JSW Steel top losers

Indian stock market opens flat, Nifty above 23,700

The domestic benchmark indices opened flat on Thursday as selling was seen in the PSU bank, pharma, FMCG, realty, media, energy and metal sectors on Nifty.

Jan 2, 2025

M&M 11th most valuable automobile manufacturer in world: Anand Mahindra

Mahindra & Mahindra (M&M) is the 11th most valuable automobile manufacturer in the world, leaping over many competitors and erstwhile technology collaborators

Jan 1, 2025

India's coffee exports surge past record $1 billion mark in April-November

India's coffee exports have surged during April-November of the current financial year, shooting past a record $1 billion during the 8-month period, according to figures compiled by the Centre for Monitoring Indian Economy (CMIE).

Jan 1, 2025

Air India launches inflight Wi-Fi services on domestic routes

Air India first to offer inflight Wi-Fi services on domestic routes; it's FREE

Tata group-owned Air India becomes the first airline to offer inflight Wi-Fi Internet connectivity services on domestic flights, according to the airline's press release

Jan 1, 2025

Hyundai Motor India launches new car 'Hyundai AURA'

Hyundai Motor India achieves highest-ever domestic sales in 2024

Hyundai Motor India Limited (HMIL) on Wednesday said it has registered highest-ever yearly domestic sales of 6,05,433 units in 2024.

Jan 1, 2025

Indian stock market ends flat, Nifty below 24,150

Indian stock market ends on positive note on the first day of 2025

India's domestic benchmark indices closed higher on Wednesday amid muted global cues as buying was seen in auto, IT, PSU bank, financial service, pharma, FMCG, media, energy, and private bank sectors on the NSE.

Jan 1, 2025

Audi India sells 5,816 units in 2024, reaches 1 lakh milestone

German luxury carmaker Audi on Wednesday said it sold 5,816 units in India this year, along with clocking the sale of 1,927 retail units alone in the fourth quarter (Q4).

Jan 1, 2025

Sensex snaps five-day losing streak, Nifty closes above 24,300

Indian stock market begins New Year on flat trajectory

The domestic benchmark indices opened flat on Wednesday as selling was seen in auto, PSU bank, financial service, pharma and metal sectors on Nifty.

Jan 1, 2025

Centre joins HCLSoftware to boost startup manufacturing ecosystem

Year Ender: Indian startups raise $12 billion, new-age firm joins Sensex for first time

The year 2024 has been historic for Indian startups as the government abolished the angel tax (a tax levied on investing in startups), which improved Indian startups' funding and enabled them to raise more than $12 billion.

Dec 31, 2024

CBDT extends deadline for revised ITR to January 15

The last date for filing an Income Tax Return (ITR) for the financial year 2023-24 was July 31, and for those who could not, the time was for filing a revised ITR with late fees was December 31, but now, the Central Board of Direct Taxes has extended this deadline to January 15.

Dec 31, 2024

Stable political scenario, favourable policy, infra push to drive Indian economy in 2025

After a resilient performance in 2024 amid geo-political headwinds, the Indian economy is poised to be supported by a stable political scenario, favourable policy environments, the effects of production-linked incentive (PLI) programmes, possibilities brought about by changes in the global supply chain and government emphasis on infrastructure spending.

Dec 31, 2024

Streamline taxation, bolster manufacturing in Union Budget: PHDCCI

A simplified tax structure can reduce compliance costs and increase disposable income while boosting consumer spending

Dec 30, 2024

Indian share market ends lower, Nifty below 23,700

The Indian stock market closed in the red on Monday as a spike in volatility amid foreign institutional investors' (FIIs) outflow and global cues affected investor sentiment.

Dec 30, 2024

Budget 2025-26: Assocham seeks further ease of doing biz, credit flow for MSMEs

In order to further empower micro, small and medium enterprises (MSMEs) and ensure ease of doing business, there is a need to establish integrated infrastructure townships and universities to promote skill development and entrepreneurship training as well as to foster growth within the sector.

Dec 30, 2024