Maruti Suzuki India Wednesday said it will invest Rs 24 crore to set up a 5 MW solar power plant at its Gurugram facility.

The company recently laid the foundation stone for the captive solar power plant which is expected to be commissioned in the current financial year, Maruti Suzuki India said in a statement.

Domestic equity benchmarks opened on a negative note on Wednesday amid weak global cues and fresh foreign fund outflow.

After falling over 100 points in opening session, the 30-share index was trading 40.01 points, or 0.10 per cent, lower at 39,709.72. Similarly, the broader NSE Nifty slipped 8.85 points, or 0.07 per cent, to 11,919.90.

The National Company Law Tribunal on Tuesday directed the Securities and Exchange Board of India to wrap up its investigations into the proposed sale of Hotel Leelaventure’s various undertakings to Brookfield by July 8, during a hearing on bankruptcy case against Hotel Leelaventure initiated by JM Financial Asset Reconstruction At Tuesday’s hearing,

Punjab National Bank (PNB) on Tuesday reported a narrowing of its loss by nearly 65% to ₹4,750 crore during the fourth quarter of the fiscal ended March 2019 even after making adequate provisions towards the Nirav Modi fraud and non-performing assets (NPAs).

State Bank of India (SBI) on Tuesday put on sale four non-performing assets (NPAs) worth Rs 230 crore on a 100% cash basis, with reserve prices implying haircuts of up to 79% for the accounts.

The four assets are Lovely International and Lovely Enterprises (Rs 95 crore), Abhijeet Ferrotech (Rs 89 crore), Trichy Tanjavur Expressway (Rs 24 crore) and Madurai Tuticorin Expressway (Rs 22 crore). The reserve prices for the four accounts suggest that the haircuts SBI is prepared to take stand at 79%, 63%, 48% and 43% respectively.

The Indian motorcycle market is taking a turn for the better with several offerings in various segments. You name it and they’ll have it - 150, 250, 300, 400, 600 and so on. A growing number of Indian motorcyclists want more than just a big mileage figure and are happy to accept dopamine-releasing performance and it’s alright if it drinks more fuel.

India has moved up one place to rank as the world's 43rd most competitive economy on the back of its robust economic growth, a large labour force and its huge market size, while Singapore has toppled the US to grab the top position, a global study showed Tuesday.

The Trump administration on Tuesday removed India from its currency monitoring list of major trading partners, citing certain developments and steps being taken by New Delhi which address some of its major concerns.

Switzerland is the other nation that has been removed by the US from its currency monitoring list which among others include China, Japan, South Korea, Germany, Italy, Ireland, Singapore, Malaysia and Vietnam.

The Securities and Exchange Board of India (Sebi) on Tuesday proposed a framework for ‘regulatory sandbox’. The term is used to define live testing of new products and services on a small set of customers for a limited period of time.

Typically, the regulatory provisions are relaxed during the testing period.

Scott Morrison has been sworn in as Australia's prime minister, 11 days after retaining the position in the country's general election.

Along with Deputy Prime Minister Michael McCormack, Morrison was sworn in by Queen Elizabeth's official representative in Australia, Governor-General Sir Peter Cosgrove, at a ceremony in the capital, Canberra.

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