The pace of growth in Suzuki Motor Corporation’s (SMC) earnings from its prized Indian subsidiary Maruti Suzuki has started slowing down, primarily because of a lower increase in dividend income compared to

previous few years. Royalty share, too, is down and will continue to see a gradual decline in the near future.

The urban-rural divide, which is prevalent all over the country, seems to be more evident in the non-descript Dhanauri Kalan village at Gautam Budh Nagar district in Uttar Pradesh.

Although it’s not too far from the F1 circuit, which is well connected to expressways, the few kilometers of travel on a narrow road filled with potholes could be an arduous task.

The Indian Railway Board proposed to mark the occasion of Gandhi Jayanti as a 'Vegetarian Day', suggesting that it will not include non-vegetarian items in the meals served on that day.

The Railway Board has planned that no non-vegetarian food will be served to passengers on railway premises on October 2 in 2018, 2019 and 2020.

Overseas investors plan to meet market regulator Securities and Exchange Board of India (Sebi) this week to seek clarity and highlight lacunae in the recent circular on foreign portfolio investors (FPIs).

In the circular, aimed to curb round-tripping, Sebi said the ultimate beneficiary of a fund will be determined by both shareholding and control.

Two days after taking oath as Chief Minister of Karnataka for the third time, Bharatiya Janata Party (BJP) leader BS Yeddyurappa resigned from his post ahead of the floor test. Yeddyurappa’s move came after it became clear that he would fail to prove majority in the house. Yeddyurappa’s resignation came in less than 48 hours after he took oath as the state chief minister, replacing Congress’ Siddaramiah.

New Delhi: State-run power giant NTPC has deferred auction of 2,000 MW solar capacities to the first week of June as developers have sought resolution of inter-state connectivity issue before going ahead with the sale, people familiar with the matter said.

Besides, the Solar Energy Corporation of India (SECI) is likely to extend the bid submission for 2,000 MW solar capacities scheduled for the first week of June, industry people with knowledge of the matter said.

More than 100 people were killed when a Boeing 737 crashed soon after taking off from Havana in what appeared to be Cuba's worst air disaster in nearly 30 years, and there were only three survivors, officials and State media said on Friday.

The passenger plane, on a domestic flight to Holguin in eastern Cuba, crashed at 12:08 p.m. (1608 GMT). There were 105 passengers, including five children, plus crew members, State media reported.

Axis Bank, the country’s third-largest private lender, on Friday raised marginal cost of funds-based lending rates (MCLRs) by 10-15 basis points (bps). The one-year MCLR at the bank now stands 10 bps higher than earlier at 8.5%, the highest among large banks. MCLRs for shorter tenures will range between 8% and 8.4%. The two-year and three-year MCLRs stand at 8.6% and 8.65% respectively.

The resolution professional (RP) for Lanco Teesta Hydro Power on Friday invited expressions of interest (EoIs) for the company from interested bidders under the corporate insolvency resolution process (CIRP). In March this year, the Hyderabad bench of the National Company Law Tribunal (NCLT) had admitted a petition filed by ICICI Bank to initiate insolvency proceedings against Lanco Teesta. The tribunal had appointed Huzefa Sitabkhan as the RP.

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