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The GST calculations may ruin Sitharaman's fiscal math

Several states are now claiming that the Centre has not paid them GST dues since August.

Mahindra Group

Dec 15, 2019, 04.11 PM IST

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MAHINDRA GROUP

View: Is India’s EV dream for real?

In addition, ICE ( internal combustion engine) vehicles will also co-exist and will not be phased out. Compare this to his bold announcement a couple of years prior of India’s automobile industry needs to go all electric by the year 2030, an announcement which sent auto OEMs back to the drawing board as they scrambled to put in place their respective EV blueprints.

Ujjivan Small Finance Bank spikes 51% on market debut

The issue witnessed the highest subscription among all IPOs since January 2018.

Ujjivan Small Finance Bank to make stock market debut on Thursday

Microfinance lender Ujjivan Financial Services is the holding company of Uj...

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  • Anand Mahindra said entering the commuter bike space more than a decade ago was a failure on the part of M&M.

    Axis Bank managing director and chief executive Amitabh Chaudhry said the bank has studied the market but has not found a perfect match yet. "We are evaluating opportunities all the time," he said, adding that the microfinance firms, which are doing well and can be a good fit, are mostly overvalued. "Nothing is on the cards at present."

    We are going to see a bit of a liquidity squeeze because there has been a decent amount of selling by FIIs and a lot of block deals are sucking the liquidity out from the system. Every second day, an OFS or a block deal or even a QIP is sucking out the liquidity coupled with some of the IPOs.

    The upward revision in the ex-showroom prices of its motorcycles and scooters will be effective from January 1, 2010.

    We are cautious on the consumer space, where we think valuations are stretched specifically with the consumer staples pack. Between the consumer staples and consumer discretionary pack, there is still some upside left on the consumer discretionary side. But we are fairly cautious on the staples pack. On the consumption basket, we continue to be cautious on the auto sector.

    The Swedish manufacturer is in the running to supply 114 Gripen fighters in a deal valued at more than $15 billion as PM Modi seeks to modernize armed forces reliant on mostly Soviet-era equipment in the face of threats from Pak and China. Saab faces a requirement that at least 85% of the planes be built locally in partnership with Indian firms.

    Founders Brin, Page step down; Pichai, who remains Google CEO, to run world’s third most valuable firm that currently faces regulatory scrutiny. Investors have rewarded Google stock, with the company’s market cap doubling to nearly $900 billion since Pichai took over. Pichai studied in IIT-Kharagpur before moving to Stanford University for his Masters.

    "With BSVI products coming in, prices will increase from January," Tata Motors President (Passenger Vehicles Business Unit) Mayank Pareek told in an interview here. He declined to quantify the increase in prices but said the hike next month would be on a higher side as compared to earlier price revisions taken by the company.

    Seventeen of these 20 stocks posted up to 51 per cent YoY rise in net sales for the quarter.

    While the likes of Maruti Suzuki, Hyundai, Mahindra & Mahindra and Tata Motors will continue to make their presence felt, notable absentees from the expo will be Honda, BMW and Ford among others.

    Mahindra is proactively transitioning its mobility portfolio to BS-VI emission standards in a phased manner, well ahead of the statutory timeline of April 1, 2020, it added.

    Two of the country’s largest private sector banks said they will hire a total of about 5,000 fresh graduates, with a greater emphasis on tech talent.

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