business news – Page 66

Nestaway’s Sahu files fraud charges against investors like Tiger – Times of India

polite2 months ago02 mins

BENGALURU: Home rental platform Nestaway Technologies co-founder Amarendra Sahu has filed charges against prominent investors, including Tiger Global Management, Goldman Sachs, Chiratae Ventures and Schroders Adveq, alleging cheating, forgery, intimidation and criminal conspiracy.Sahu filed a complaint with an Economic Offences Wing in Odisha regarding the Bengaluru-based company’s sale to Aurum PropTech. He alleged that the…

Car sales growth slowest in 4 years – Times of India

polite2 months ago03 mins

NEW DELHI: Car sales growth slowed down to around 5% in 2024, slowest pace of expansion in four years, highlighting the pressures companies are facing in urban markets.According to early estimates, the industry closed 2024 with sales of around 43 lakh units, against 41.1 lakh units in 2023, largely fuelled by SUVs that contributed 54%…

Honda Cars India sales spike by 20% in 2024, domestic sales decline 18% – Times of India

polite2 months ago02 mins

NEW DELHI: Honda Cars India Ltd (HCIL) announced a 20 per cent rise in total sales for 2024 on Wednesday, with 1,31,871 units sold compared to 1,10,143 units in 2023. However, domestic sales fell by 18.55 per cent, plunging to 68,650 units in 2024 from 84,289 units the previous year.The company statement revealed that exports…

Standard Glass IPO to hit markets next week; sets price band at Rs 133-140 per share – Times of India

polite2 months ago14 mins

NEW DELHI: Standard Glass Lining Technology Ltd on Wednesday said it has fixed a price band at Rs 133-140 per equity share for its Rs 410.05 crore initial public offering (IPO) that opens for public subscription on January 6. The public issue of Standard Glass Lining Technology is set to become the first mainboard IPO…

Rs 2000 notes withdrawal: 98% of notes deposited, Rs 6,691 crore worth notes still with public, says RBI – Times of India

polite2 months ago02 mins

NEW DELHI: The Reserve Bank of India (RBI) announced on Wednesday that 98.12 percent of the Rs 2,000 banknotes withdrawn from circulation have been returned to the banking system.The apex bank revealed that as of December 31, 2024, only Rs 6,691 crore worth of Rs 2,000 notes remain with the public, marking a sharp decline…

Peak fog season: Government lists steps for airlines & airports operators to minimise flyer inconvenience – Times of India

polite2 months ago04 mins

NEW DELHI: Airlines should not keep passengers seated inside aircraft for more than 90 minutes in case of fog-related delayed departures and they need to cancel flights delayed by over three hours. As peak winter fog season kicks in, the union aviation ministry on Wednesday listed out a do’s and don’ts for airlines and airport…

Air India will increase its global coverage in years ahead: CEO Campbell Wilson – Times of India

polite2 months ago03 mins

NEW DELHI: Air India has covered a lot of ground since privatisation and its global coverage will further increase in the years ahead, the airline’s chief Campbell Wilson said on Wednesday. He also said the interior refit of the single-aisle fleet, serving domestic and short-haul international destinations, is underway, and will be completed by mid-2025….

Mahindra & Mahindra reports 16% increase in automotive sales for December 2024 – Times of India

polite2 months ago03 mins

NEW DELHI: Mahindra & Mahindra (M&M Ltd.) reported a 16 per cent rise in total automotive sales, reaching 69,768 units in December, according to their exchange filing on Wednesday.The company achieved domestic sales of 41,424 vehicles in the utility vehicle category, an 18 per cent increase, with total sales including exports reaching 42,958 vehicles while…

JSW MG Motor India sales up 55% in December at 7,516 units – Times of India

polite2 months ago12 mins

NEW DELHI: JSW MG Motor India on Wednesday reported a 55 per cent increase in sales at 7,516 units in December 2024, as compared to the year-ago month. The company recorded its highest-ever EV sales in December and NEV (new energy vehicle) sales accounted for over 70 per cent of the total sales with its…

Rupee falls 5 paise to 85.69 against US dollar in early trade – Times of India

polite3 months ago04 mins

MUMBAI: The rupee dropped 5 paise to 85.69 against the US dollar in early trade on Wednesday, the first session of 2025, as the strength of the American currency in the overseas market and persistent foreign fund outflows weighed on the local unit. Forex traders said the dollar index (DXY) and US 10-year bond yields…

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Nestaway’s Sahu files fraud charges against investors like Tiger – Times of India

Car sales growth slowest in 4 years – Times of India

Honda Cars India sales spike by 20% in 2024, domestic sales decline 18% – Times of India

Standard Glass IPO to hit markets next week; sets price band at Rs 133-140 per share – Times of India

Rs 2000 notes withdrawal: 98% of notes deposited, Rs 6,691 crore worth notes still with public, says RBI – Times of India

Peak fog season: Government lists steps for airlines & airports operators to minimise flyer inconvenience – Times of India

Air India will increase its global coverage in years ahead: CEO Campbell Wilson – Times of India

Mahindra & Mahindra reports 16% increase in automotive sales for December 2024 – Times of India

JSW MG Motor India sales up 55% in December at 7,516 units – Times of India

Rupee falls 5 paise to 85.69 against US dollar in early trade – Times of India