German luxury car maker Mercedes-Benz posted a 43% sales growth in India at 3,093 units in the second quarter of 2015.

In January-June, the company's sales grew 41% at 6,659 units compared with 4,717 units in the year-ago period.

China said it is making “every effort” to address India’s concerns on USD 47 billion trade deficit as it called for combining Prime Minister Narendra Modi’s ‘Make in India’ initiative with its ‘Made in China’ to step up investments.

“We are making every effort to fundamentally solve the issue. We need to find a new channel, new methodology to break the bottle neck,” said Huang Xilian, Deputy Director General of the Asian Affairs department of the Foreign Ministry.

The benchmark Sensex that rose over 95 points in early trade on Thursday went into negative zone for a brief period but later recovered and was trading over 50 points up at around 10.26 am.

At 10.26 am, Sensex ws trading 54.51 points up at 28,075.38. Similarly, Nifty was up 13.40 points at 8,466.45 during the same time.

Timely repayment of loans is expected of borrowers. But if you are a State Bank of India (SBI) customer, you can soon earn reward points for paying your loan instalment on time. You can also earn reward points for opening an account or transferring funds through internet or mobile banking.

To celebrate its 60th Anniversary, the country's largest bank launched State Bank Rewardz, an enterprise-wise loyalty programme through which customers can earn reward points for various types of banking transactions.

Railway minister Suresh Prabhu may be busy projecting mammoth-scale investments that Indian Railways would attract over years but on ground the national transporter seems to be floundering on project activity like never before.

India awarded projects worth a miniscule Rs 31 crore in the rail sector in May 2015, the lowest monthly figure in at least a year, and a 92% reduction from Rs 427 crore worth of projects awarded in May 2014.

Shares of Ashok Leyland were trading higher by nearly 3% at Rs 76 on the National Stock Exchange (NSE) after the company reported a 41% year-on-year (yoy) increase in total sales of commercial vehicles at 10,461 units in June 2015. The company had sold 7,411 units in the same month last year.

Sales of heavy and medium commercial vehicles (M&HCV) rose by 46% yoy at 8,048 units, while that of light commercial vehicles (LCV) sales rose by 26% at 2,413 units in June, the company said in a filing to the BSE.

Shares of Bajaj Auto have moved higher by 2.4% to Rs 2,586 on the National Stock Exchange (NSE) after the company sold 331,317 units in June 2015, representing a year-on-year (yoy) growth of 8%, the highest in past nine months.

The automaker had sold 305,465 units in June 2014. It had sold 345,438 units in the last month May, 2015.

Shares of state-owned oil marketing companies (OMCs) are on a roll with the three listed companies – Bharat Petroleum Corporation (BPCL), Hindustan Petroleum Corporation (HPCL) and Indian Oil Corporation (IOC) trading at their respective 52-week highs on expectations of higher earnings growth going ahead.

IOC has rallied nearly 6% to Rs 413, while HPCL has surged 4% to Rs 771 and BPCL has gained 2% at Rs 907 on the Bombay Stock Exchange (BSE). BPCL and HPCL are quoting at their record highs on the BSE.

MUMBAI: India's market regulator on Tuesday said it will focus on the cost to a mutual fund investor as part of its customer protection measures.

Speaking at the CII Mutual Fund Summit here, Securities and Exchange Board of India chairman U K Sinha said consumer protection is one of the prime focus areas of Sebi and cost to investor will be an important aspect of the future course of action.

Bharti Airtel Ltd becomes third largest mobile operator in the world. The company claims to have 303 million mobile subscribers, surpassing China United Network Communications Group Co., Ltd. (a state owned telecom operator) and UK’s Vodafone Group, as per the latest data published by WCIS (World Cellular Information Service).

By April end the company’s wireless subscriber base in India was 228.25 million, as per the latest data from the Telecom Regulatory Authority of India.

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