Maruti Suzuki drives in new Swift at ₹5.73 lakh

Maruti Suzuki on Wednesday announced the launch of all-new Swift 2021, with price starting from ₹5.73 lakh and going up to ₹8.41 lakh (ex-showroom Delhi). “Since its launch in 2005, Swift has revolutionised the premium hatchback segment in India. Swift with its sporty performance, upright stance and unmistakable road presence emphasizes individuality that stands out from the crowd. This ‘coming […]

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Jungo TV bets on free content

To unveil video streaming app Jungo+ in India this month. American media and entertainment firm Jungo TV, which plans to bring its video streaming application Jungo+ to India this month, is looking to leverage ad-supported, free, niche content to compete in the market that already has about 40 players. The company has also set a roadmap to export Indian content, […]

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Govt approves closure of Scooters India

The firm has around 100 employees. The government has approved closure of loss-making state-owned firm Scooters India Limited and shutting down the operations of its units, the company said on Thursday. PTI had reported a week ago that the Cabinet Committee on Economic Affairs (CCEA) is believed to have given its consent to the closure of the Lucknow-based company. In […]

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India inks MoU with International Energy Agency for global energy security, sustainability

This partnership will lead to an extensive exchange of knowledge and would be a stepping stone towards India becoming a full member of IEA, a power ministry statement said. India on Wednesday inked a strategic partnership agreement with the International Energy Agency (IEA) to strengthen cooperation in global energy security, stability and sustainability. This partnership will lead to an extensive […]

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Why SIPs are brain-friendly

By setting up an SIP, you eliminate the need to apply analytical thinking each month you make the investment. Emotions are good for your overall well-being, but those can sometimes get in the way of your financial decision making. For instance, the possibility of a negative future outcome from an investment could prompt you to not take a decision today […]

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Swiggy, Instakart under GST scanner

‘In full compliance’: food delivery firm App-based food delivery service firm Swiggy has deposited ₹27.5 crore, the amount for which input tax credits under the Goods and Services Tax (GST) were allegedly availed on a fraudulent basis, according to revenue authorities probing the matter. Swiggy and Flipkart’s delivery service arm Instakart are under the scanner for involvement in a fake […]

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Infosys profit climbs 16.6%, Wipro’s jumps 20.8%

IT majors upbeat on demand outlook with former lifting full-year revenue forecast, latter saying ‘bullish’ on growth Infosys Ltd. on Wednesday reported third-quarter net profit climbed 16.6% to ₹5,197 crore buoyed by large deal wins and gathering demand for enabling digital transformation. The upbeat outlook also spurred the country’s second-largest information technology services provider to raise its revenue guidance for […]

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COAI condemns damage to telecom infra in Punjab during farmers’ protest

‘The disruption of telecom services was causing immense inconvenience to the common man for whom the mobile services are so essential’, COAI director general S.P. Kochhar Following reports of damage to telecom infrastructure in Punjab during the ongoing farmers’ protest, the Cellular Operators Association of India (COAI) on Tuesday “strongly condemned” the disruption of telecom services. “While we respect people’s […]

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Rising input costs drive four auto firms to bump up prices

CVs from Tata Motors and Isuzu, M&M tractors, BMW cars to cost more from Jan. Four automobile firms — Tata Motors, Mahindra & Mahindra (M&M), Isuzu Motors India and BMW Group India — on Monday announced an increase in prices of their products, passing on rising input costs to consumers. Industry analysts attributed this is to the sharp rise in […]

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