[ad_1] New Delhi / Mumbai: Government of India has put forward a proposal to guarantee loans to small businesses by financial institutions as it seeks to boost business when the coronavirus blockade begins to ease, a government source and two said bank officials. “Up to 100% of the loans granted …
Read More »The rebound in Tata Motors shares suggests the worst is behind this, but is it?
[ad_1] Shares of Tata Motors Ltd rose 19% on Thursday, becoming the top winner between Nifty and Nifty Auto shares, with the news that its subsidiary, Jaguar Land Rover Ltd (JLR), has increased production in China, its key market, rekindling hope among investors However, Tata Motors shares continue to drop …
Read More »Stock market: Investor wealth jumps Rs 7.68 crore in four days of market recovery | India Business News
[ad_1] NEW DELHI: Investor wealth rose Rs 7.68 lakh crore in four days of market recovery, with the sensex rising 997 points on Thursday. Climbing for the fourth consecutive session, the 30-share BSE sensex set 997.46 points, or 3.05 percent, highest at 33,717.62. During the holiday shortened week, the sensex …
Read More »Crude oil rises more; Norway agrees to cut production by Investing.com
[ad_1] © Reuters. By Peter Nurse Investing.com – Oil prices rose on Thursday, rebounding amid hopes that moves to correct the nature of market oversupply may be having some effect. At 10:15 a.m. ET (1415 GMT), futures were up 17% more at $ 17.68 a barrel, while the benchmark international …
Read More »BMW X8 M could get a 750 horsepower producer hybrid V8
[ad_1] The BMW X8 M is likely powered by the manufacturer’s dual-turbocharged 4.4-liter V8 gasoline engine, which is expected to be coupled with an electric motor. BMW has yet to confirm any news about the X8, but full speculation is already going around. The X8 will be located above the …
Read More »Following Facebook, Reliance Industries in talks with other investors for the sale of similarly-sized shares
[ad_1] Earlier this week, JioMart, a Reliance Retail e-commerce company, opened a business account on Facebook’s WhatsApp. Days after selling a stake in its digital arm to Facebook for $ 5.7 billion, Reliance Industries said Thursday that it is in talks with other strategic and financial investors for a similarly …
Read More »Jio fourth quarter results: net profit nearly triples to Rs 2,331 crore; ARPU at Rs 130.6
[ad_1] MUMBAI: Reliance Jio Infocomm’s net profit for the January-March quarter nearly tripled to Rs 2.331 crore, helped by rate increases that helped its average revenue per user (ARPU) for the second consecutive quarter after seven quarters of falls. The telecommunications company, led by Mukesh Ambani, said on Thursday that …
Read More »RIL Q4 Results: Profit falls 39% yoy to Rs 6,348 crore, loses street estimates
[ad_1] NEW DELHI: Reliance Industries (RIL) on Thursday reported a 38.73 percent year-on-year (year-on-year) drop in consolidated net profit of Rs 6.348 billion for the quarter ended March 31. RIL’s bottom line took a hit due to an exceptional loss of Rs 4.267 crore during the quarter. Analysts in an …
Read More »Only JLR luxury car maker with positive growth last year in India
[ad_1] The slump in sales that gripped the market in 2019 has affected all segments, from the most affordable to the high-end that comprises models from various luxury car brands. As we have repeated many times in the past few months, the last calendar year turned out to be a …
Read More »Husband gifts wife a Rolls Royce Cullinan on their 25th wedding anniversary
[ad_1] The Rolls Royce Cullinan is powered by a 6.75-liter twin-turbo V12 engine that produces 571 PS and 850 Nm of peak torque Roshan, who lives in Vancouver, BC, Canada, wrote to us about her father, Reji Philip, who recently gifted his mother, Anie Philip, with a 2020 Rolls-Royce Cullinan …
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