While many real estate majors have started going slow owing to huge unsold inventories, Shapoorji Pallonji Real Estate has just announced the launch of a huge residential project in Bangalore. The project, known as Phase 2 of the luxurious ParkWest project in Bengaluru, involves 11 high-rise towers and outstanding amenities spread across a sprawling area […]
Hindustan Petroleum Corporation Limited, Indian Oil Corporation Ltd and Adani Ports and Special Economic Zone Limited are among the Indian companies that will benefit the most from the rupee’s depreciation against the dollar, while Power Grid Corporation of India Ltd, NTPC Limited, Bharti Airtel Limited and Lodha Developers Private Ltd will be among the biggest […]
Inox Wind Ltd has started production at its 800 MW wind-turbine-blade facility at Barwani district in the state of Madhya Pradesh. The unit will have an annual production capacity of 400 rotor blade sets and eventually also have an annual manufacturing capacity of 400 nacelles and hubs, 300 towers and will double Inox Wind’s production […]
The results of Bihar’s Assembly polls will start trickling in at 8:10 AM, with the trickle turning into a full flow by 9. The poll was one of the most fiercely fought with Lalu Yadav and Nitish Kumar on one side and the BJP, Ramvilas Paswan and Jitin Ram Manjhi on the other. Exit polls […]
WagonR, one of India’s largest selling cars, has got auto gear shift technology. The auto gear shift transmission will be available in VXi variants of both Wagon R classic and Stingray. In addition, driver and co-driver airbags and Anti-lock Braking System (ABS) will be offered as an option across all variants, including the base variants […]
The Congress Party-led United Democratic Front faced a strong wave of anti-incumbency in the latest polls conducted in Kerala. According to the results of the local body polls, the Left Front has made decisive gains across the state, with the Congress now placed at third place in the Trivandrum Municipal Corporation election behind the LDF […]
Initial results from exit polls conducted by various organizations seemed to indicate a slight lead for the grand alliance or Mahagatbandhan. On average, exit polls are giving a slight lead of around 10-15 seats to the Grand Alliance. According to News Nation, Mahagatbandhan got 45% of the votes while NDA got 44%. It should be […]
SpiceJet, India’s most headline-grabbing airline, has launched its Chennai-Bangkok flights with an offer of Rs 9,999 for a return flight to the Thai capital. This is currently the cheapest price available on the sector. Bangkok is a big destination for tourists from India. A couple of years ago, AirAsia had offered return flights from Chennai […]
Flipkart, one of India’s two largest online shopping websites, has started selling Sony Xperia Z5 Premium, India’s most expensive Android phone, at Rs 59,990. The price, though high, is actually slightly lower than what was expected. It was seen at above Rs 60,000. The high price is due to the display on the device. The […]
Maruti Suzuki India sold a total of 134,209 units in October 2015, a growth of 29.1 per cent. This includes 121,063 units in the domestic market and 13,146 units in exports. The Company had sold a total of 103,973 units in October 2014. The biggest jump was seen in the sales of compact cars, which […]
Business conditions across the Indian manufacturing economy improved further in October, but purchasing manager index showed weakness, research commissioned by The Nikkei newspaper showed. October saw the weakest rise in output in current 24-month sequence of expansion and new orders increased at a slower pace. The Nikkei India PMI hit a 22-month low in October. […]
Indian pharmaceuticals giant Cipla Ltd has agreed to sell its entire 25% stake in Biomab Holding Limited, Hong Kong to its joint venture partner, for $25.8 mln. The stake has been purchased by Biomab Brilliant Limited, a British Virgin Islands-based company which holds the remaining 75% stake. The transaction is valued at about 165 cr […]
SpiceJet has launched a non-stop daily flight on the Delhi – Kochi – Delhi route from today. At present, the airline has two ‘hopping’ flights on the route. Though passengers do not have to change aircraft, the current system does result in a loss of about 45 minutes due to the stop over at airports […]
Hennes & Mauritz AB, the Swedish fashion retailer, said it will open its second store in New Delhi on Saturday, 7 November, 2015. The new store will be situated at Ambience Mall, Vasant Kunj and will be spread over more than 28000 sq. ft. The first seven women in queue on opening day will be […]
Nestle, the maker of Maggi Noodles, said all three tests mandated by the High Court of Bombay have proven that the noodles are safe to eat. “We have received test results from all three laboratories mandated by the Hon’ble Bombay High Court to test MAGGI Noodles samples. All the 90 samples, covering 6 variants, tested […]
Mumbai-based Oberoi Group has won contracts to manage two new luxury hotels in Qatar, the hotel and hospitality group said. The first is a 250-key luxury hotel being developed in the West Bay area of Doha and the second a 148-key luxury serviced apartment building located in Lusail, Doha. In the hotel business, properties are […]
Volkswagen Passenger Cars in India said it was calling 389 Polo cars from a single batch of production from the month of September 2015 for inspection and preventive repair of the handbrake mechanism. The Quality Assurance department of Volkswagen India has determined that under certain conditions, the handbrake mechanism would lose effectiveness, it said. The […]
After a day of brainstorming and feedback from ‘intellectuals’ of Kerala, the Sree Narayana Dharma Paripalana Yogam (Council for Sree Narayana Philosophy) said its planned new political party will not be a ‘Hindu Party’. “When we say, from Nayadi (hunter) to Namputhiri (Brahmin), we do not mean that it will be a Hindu only party. […]
SpiceJet, India’s most aggressive airline as far as discounts are concerned, announced tickets at Rs 4,999 from Amritsar and Kozhikode (Calicut) to Dubai for a limited period of time. The discount is being offered to celebrate the starting of services by SpiceJet on these routes. Bookings for tickets are open now and flight services will […]
Bajaj Auto reported a 5% decline in its September motorcycle sales, in line with a broader weakening trend seen in bike sales for the month. Total motorcycle sales fell to 3.3 lakh from 3.47 lakh a year ago during the month. However, three-wheeler and commercial vehicle sales increased by 3% to 54,172. However, on a […]
