Business

[ad_1] Hyundai India exported 1,341 vehicles in April 2020, beating Maruti Suzuki, which exported 632 units, to become India’s largest automaker in terms of monthly numbers. The | Updated: 01-May-20 06:26 pm To see photos While Hyundai’s domestic sales were zero, the company’s exports reached 1,341 units in April 2020. …

[ad_1] NEW DELHI: Legendary investor Warren Buffett, led by Berkshire Hathaway, bled badly in the March quarter thanks to a massive blow from the coronavirus crisis, and the company transferred some money from the stock to the safety of American treasures. The Omaha-based company reported a huge loss of $ …

[ad_1] The Indian government is likely to limit its total spending on coronavirus-related relief to around Rs 4.5 trillion ($ 60 billion), due to concerns that overspending could trigger a downgrade of the sovereign rating, two said senior government officials. “We have to be cautious as the downgrades have started …

[ad_1] The US Food and Drug Administration. USA It has enabled the emergency use of the experimental remdesivir of antiviral drugs, previously used for Ebola, to treat patients with Covid-19, even when India is seeking to import the drug to launch local trials. The medication has given encouraging results in …

[ad_1] View Photos The new-gen Hyundai i20 will be the sixth connected vehicle from the carmaker in India The third-generation Hyundai i20 is the next big launch from the South Korean carmaker in India, and the company has confirmed that it will be a connected car. On the latest episode …

[ad_1] Among global companies, the auto industry faced some of the worst hits due to COVID-19. In India, the pandemic has brought several automotive and related companies to a standstill, as dealerships and factories remain closed. Due to India’s closing protocols, domestic auto sales in April 2020 reached zero units, …

[ad_1] The Reserve Bank of India (RBI) on Saturday canceled the license of Mumbai-based CKP Co-operative Bank Ltd. The license of CKP Co-operative Bank Ltd was canceled with the impact of the closure of the company on April 30, 2020, because the monetary place of the financial institution had worsened. …

[ad_1] Warren Buffett’s Berkshire Hathaway Inc is being hit by the coronavirus pandemic, posting a record quarterly net loss of nearly $ 50 billion on Saturday and saying performance is suffering in several major operating businesses. Berkshire said that the majority of its more than 90 businesses have faced “relatively …

[ad_1] By Davide Scigliuzzo and Julie Johnsson Less than two months ago, Boeing Co. went to Washington, hat in hand, asking for a $ 60 billion bailout for itself and its suppliers. The company, which had spent heavily on share buybacks and was still recovering from the 737 Max disaster, …

[ad_1] To see photos Hyundai India had already received 14,000 pre-reservations for the new Crete. The new Hyundai Crete is the most important launch not only for Hyundai India, perhaps also for the Indian market this year. There is a lot behind it given the popularity of its predecessor and …