Business

Sensex breaches 50K mark, Reliance gains 2.2 pc

MUMBAI: Equity benchmark indices scaled new record highs during early hours on Thursday with the Sensex crossing 50,000 mark for the first time. The bull run on D-Street was largely on the back of favourable global cues as investors hoped…

BMW MINI sales dip 20 pc to 512 units in 2020

New Delhi: German luxury carmaker BMW on Wednesday reported a 20 per cent decline in sales of its MINI brand of cars at 512 units in India in 2020. The company had sold 641 units of the MINI in India…

MINI India delivers 512 cars in 2020 with a remarkable growth of 34 percent in Q4

Gurugram: MINI India has delivered a strong performance of 512 cars in calendar year 2020 (January – December). Withstanding the current market challenges and lockdown situation, MINI India regained momentum swiftly in second half of the year. In Q4 2020…

Maruti Suzuki starts export of off-roader Jimny

New Delhi: The country’s largest carmaker Maruti Suzuki India on Wednesday said it has commenced export of its compact off-roader Jimny from India, as its parent Suzuki Motor Corporation looks to make the country a global production hub for the…

FM Nirmala Sitharaman holds pre-budget consultations with Finance Ministers of states, UTs

GUWAHATI: Finance Minister Nirmala Sitharaman held pre-budget consultations with the Finance Ministers of States and Union Territories yesterday. The meeting was held through video conference and was attended by Chief Ministers, Deputy Chief Ministers, State Finance Ministers and Senior Officers…

Sensex sinks 470 points on profit booking, metals dip

Mumbai (Maharashtra): Equity benchmark indices closed one percent lower on Monday as traders booked profits during the second half of the session across all sectors. The BSE S&P Sensex was down by 470 points or 0.96 percent at 48,564 while…

E-book company Glose now acquired by Medium

Washington: American online publishing platform Medium has announced its acquisition of the social-based eBook company Glose, which is a platform where users can buy and read books, then share notes and highlights with friends. According to The Verge, Medium’s CEO…

Pfizer, BioNTech to scale-up vaccine production amid reports on shortage in deliveries

Washington: Pfizer and BioNTech pharmaceutical companies have developed a plan to scale-up the production of the vaccine against COVID-19 amid reports on reduction in vaccine deliveries to some EU countries, the companies said. “Pfizer and BioNTech have developed a plan…

Honda City tops mid-sized sedan segment in 2020 with sale of 21,826 units

New Delhi: Honda Cars India on Friday said its mid-sized sedan City led the segment last year with cumulative sales of 21,826 units. Staying true to its legacy of being the Japanese automaker”s longest running nameplate in India, the all-new…

Passenger vehicle sales up 13.6 pc in Dec: SIAM

New Delhi: Passenger vehicle sales jumped 13.6 per cent in December to 2.52 lakh units as compared to 2.22 lakh in the year-ago period, the Society of Indian Automobile Manufacturers (SIAM) said on Thursday. Two-wheeler sales witnessed a muted growth…

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