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Car sales: Maruti Suzuki, Tata Motors end FY18 with double digit growth

Car sales: Maruti Suzuki, Tata Motors end FY18 with double digit growth

Maruti Suzuki and Tata Motors, the largest and fourth biggest player in domestic passenger vehicle (cars, vans and utility vehicles) market have closed the 2017-18 financial year with a strong double digit volume growth.

Maruti Suzuki, which commands 50% share of the market, has closed the year with 13.8% growth in passenger vehicles sales at a record 1.64 million units in domestic market.

IOC to invest Rs 1.4 lakh crore to double refining capacity

IOC to invest Rs 1.4 lakh crore to double refining capacity

NEW DELHI: India's biggest oil firm IOC today said it plans to invest about Rs 1.43 lakh crore to nearly double its oil refining capacity to 150 million tonnes and boost petrochemical production by 2030.

While Indian Oil Corp (IOC) is expanding refining capacity to meet fuel demand, which is expected to nearly double by 2040, it does not want to remain "a refining company alone and is thus venturing into petrochemicals and alternative fuels as well," company's Director (Refineries) B V Rama Gopal told reporters here.

Tata Motors, Mahindra in race to roll out electric light commercial vehicles

Tata Motors, Mahindra in race to roll out electric light commercial vehicles

New Delhi: Tata Motors Ltd and Mahindra and Mahindra Ltd (M&M) Ltd are facing off once again, this time in electric engines.

Both are speeding up their work on developing electric powertrains for their small commercial vehicles in the sub 2-tonne category.

Indian Oil, others to supply BS VI fuel at Delhi petrol pumps from 1 April

Indian Oil, others to supply BS VI fuel at Delhi petrol pumps from 1 April

New Delhi: State-owned oil firms will from 1 April supply petrol and diesel meeting stringent Bharat Stage VI emission norms in Delhi NCR.

Indian Oil Corp. Ltd, Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Co. Ltd will supply the BS VI fuel at all their petrol pumps from 1 April, Indian Oil officials said.

North Korea will take part in next two Olympics

North Korea will take part in next two Olympics

North Korea will take part in the next two Olympic Games in Japan and China, International Olympic Committee president Thomas Bach said on Saturday after meeting North Korean leader Kim Jong-un in Pyongyang.

Mr. Bach travelled to Pyongyang on Thursday in a visit that comes after North Korea’s participation in the Pyeongchang Winter Games helped ease tensions over the Korean peninsula.

High-speed train for Hyderabad Airport Metro

High-speed train for Hyderabad Airport Metro

The proposed Hyderabad Airport Metro Rail to link Raidurg to the International Airport at Shamshabad over 30.7 km is going to be a high-speed one with trains to clock speeds of up to 100 kmph so that it can reach the destination in 20 minutes flat, changing the entire gamut of commuting in the twin cities.

This is the second phase of the metro rail project which will, in a sense, be unique in several ways in comparison to the first phase of the 72-km metro rail under construction across the three corridors of the capital.

TCS 10-year stock market journey: Over 600% returns, plus Rs 325 dividends

TCS 10-year stock market journey: Over 600% returns, plus Rs 325 dividends

Shares of Tata group’s cash cow and the largest company of India Tata Consultancy Services have shown steady rise in the span of last 10 years barring several slumps following the downturn in the key equity indices Sensex and Nifty. Tata Consultancy Services is firmly placed above the big IT services provider such as Infosys, Wipro, HCL Technologies and Tech Mahindra not only in terms of revenues but also by the market capitalisation.

Warren Buffett s best book recommendation for stock market investors

Warren Buffett s best book recommendation for stock market investors

The greatest investment wizard of the century, Oracle of Omaha and world’s third richest person Warren Buffett is an avid reader who applies his learnings in foreseeing businesses depending on the respective contemplated potentials. Mr Warren Buffett is very well known for his wisdom and brilliance in the stock markets from many decades now.

Essar steel: Numetal ups ante, to pay dues of Odisha Slurry

Essar steel: Numetal ups ante, to pay dues of Odisha Slurry

Upping the ante in the fight for Essar Steel, Numetal is trying to get control of Odisha Slurry Pipeline Infrastructure (OSPIL) by repaying Odisha Slurry’s dues to lenders. OSPIL is strategically important since its pipelines carry iron slurry to feed Essar Steel’s plant and without access to this pipeline, running the plant could be difficult.

Reliance Jio extends Prime membership by a year for existing users for free

Reliance Jio extends Prime membership by a year for existing users for free

Reliance Jio on Friday announced that its existing Prime members will get to extend their membership for another year free of cost. The company, when it started operations in 2016, had offered Prime membership to users for a year till March 31, 2018, at a one-time charge of Rs 99.

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