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According To The FADA Report, India’s Retail Vehicle Sales Increased By 10% YoY In May-thumnail

According To The FADA Report, India’s Retail Vehicle Sales Increased By 10% YoY In May

Sales of two-wheelers, three-wheelers, passenger cars, and commercial vehicles increased as a result of the wedding season and expected changes to FAME subsidies that are due to take effect in June. According to the Federation of Automobile Dealers Associations’ (FADA) most recent figures, India’s Retail Vehicle Sales Increased By 10% YoY In May.

Automotive

Jun 5, 2023

A report says UBS will takeover Credit Suisse by June 12 and oversee $5 trillion worth of assets-thumnail

A report says UBS will takeover Credit Suisse by June 12 and oversee $5 trillion worth of assets

On Monday, the Swiss international investment bank UBS announced that it would purchase Credit Suisse “as soon as June 12.” Following a government-backed rescue earlier this year, this takeover would result in a massive balance sheet of $1.6 trillion.

Business

Jun 5, 2023

More than $2 billion invested in Tata Neu; app redesign has paid off: Tata Digital CEO-thumnail

More than $2 billion invested in Tata Neu; app redesign has paid off: Tata Digital CEO

The app, which celebrated its one-year anniversary on April 7, received a new look as well as improved navigation and payment processes, resulting in its strongest growth period on all counts, including income.

Business

Jun 5, 2023

Saudi Arabia Announces Unilateral Oil Cut to Boost Crude Prices, Uncertain Demand Outlook Persists-thumnail

Saudi Arabia Announces Unilateral Oil Cut to Boost Crude Prices, Uncertain Demand Outlook Persists

Saudi Arabia takes unilateral action to reduce oil supply, aiming to boost crude prices after previous OPEC+ cuts failed. Concerns over uncertain fuel demand persist due to economic weakness in the US and Europe, as well as China’s slower recovery. The decision reflects Saudi Arabia’s commitment to transparent and fair production targets. Lower oil prices have benefited global consumers, but the market remains uncertain about when the global economy will regain its thirst for fuel.

Business

Jun 5, 2023

IndiGo set to Finalize Deal for 500 Airbus A320 Jets, Poised to Make History in Aviation Industry-thumnail

IndiGo set to Finalize Deal for 500 Airbus A320 Jets, Poised to Make History in Aviation Industry

IndiGo, India’s largest airline, is set to make aviation history with a potential deal for 500 Airbus A320 jets, surpassing previous records. The estimated $50 billion agreement, along with talks for wide-body jets, highlights the airline’s expansion plans amidst a rebound in India’s travel market. Find out more!”

Business

Jun 5, 2023

Tata Group to Invest Rs 13,000 Crore in Gujarat for Lithium-Ion Cell Manufacturing Facility-thumnail

Tata Group to Invest Rs 13,000 Crore in Gujarat for Lithium-Ion Cell Manufacturing Facility

Tata Group plans to invest Rs 13,000 crore in Gujarat to establish a lithium-ion cell manufacturing unit with an initial capacity of 20-gigawatt hours. The move aligns with India’s push for electric mobility and aims to meet the growing demand for lithium-ion batteries.

Business

Jun 3, 2023

Metaverse and Web3: India’s Potential for a $200 Billion Industry by 2035-thumnail

Metaverse and Web3: India’s Potential for a $200 Billion Industry by 2035

Metaverse and Web3 India’s Potential for a $200 Billion Industry by 2035

Business

Jun 2, 2023

Sanjeev Nanda: Motivating Journey of a successful hotelier-thumnail

Sanjeev Nanda: Motivating Journey of a successful hotelier

Success stories often inspire and motivate us, and one such tale is that of Sanjeev Nanda, a prominent hotelier who has made a mark in the hospitality industry. From his

Business

Jun 1, 2023

Unified Payment Interface (UPI) payments in May touched Rs.14.3 trillion in terms of value; a 2% rise compared to April   -thumnail

Unified Payment Interface (UPI) payments in May touched Rs.14.3 trillion in terms of value; a 2% rise compared to April   

The rise comes at a time when the government is pushing to bring tax collection across various segments under digital payment. In March 2023, the figures stood at 8.68 billion

Business

Jun 1, 2023

Overall sales for Maruti Suzuki India increased by 10% to 1.78 lakh units in May, while PV sales increased by 15%-thumnail

Overall sales for Maruti Suzuki India increased by 10% to 1.78 lakh units in May, while PV sales increased by 15%

Maruti Suzuki India, India’s biggest passenger car manufacturer, announced total vehicle sales of 178,083 units in May 2023, a 10.32% increase over the 161,413 units sold in the same month

Automotive

Jun 1, 2023

Kriti Sanon launches the fitness app ‘The Tribe,’ using her ‘Mimi’ position as inspiration-thumnail

Kriti Sanon launches the fitness app ‘The Tribe,’ using her ‘Mimi’ position as inspiration

A later version of the app will be released, according to the actress. Kriti Sanon, who began her Bollywood career with the film ‘Heropanti,’ celebrated eight years in the industry

Business

Jun 1, 2023

Understanding the Indian Tax System for Businesses-thumnail

Understanding the Indian Tax System for Businesses

Introduction to the Indian Tax System for Businesses:  The Tax system of India is as complex and complicated as the legal laws of the country. This is a multi-layered system

Business

May 31, 2023


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