Business

[ad_1] NEW DELHI: Car market leader Maruti Suzuki India cut production of its passenger cars by 16 per cent last month but increased those of utility vehicles by 33 per cent compared to October 2023, according to a regulatory filing by the company. Its passenger cars production stood at 89,174 units last month against 1,06,190…

[ad_1] LONDON: Irish budget airline Ryanair reported falling net profit for the second quarter on Monday and revised down its passenger growth target following delays in deliveries of Boeing aircraft.Chief executive Michael O’Leary warned that Ryanair’s full-year results “will be subject to avoiding adverse developments”, citing risks from conflicts in Ukraine and the Middle East,…

[ad_1] Individuals with surplus funds or maturing FDs could consider current high-interest rates for reinvestment. (AI image) Top 5 Bank FDs: Bank Fixed Deposits (FDs) remain a popular choice among conservative investors seeking stable returns. The current high-interest-rate scenario presents an opportune moment for investments, particularly before potential repo rate reductions by the RBI. Selecting…

[ad_1] NEW DELHI: Car deliveries surged by 40 percent this festive season, with a notable increase in light motor vehicles, including cars and SUVs, sold in October.As per the industry data, the spike highlights a significant rise in consumer demand for four-wheelers during the festive period, despite a modest year-on-year growth of just 1.8 per…

[ad_1] MUMBAI: Bajaj Auto on Monday reported a 2 per cent increase in total vehicle sales, including commercial vehicles and exports, at 4,79,707 units in October this year, from 4,71,188 units in the same month of 2023. During the reporting month, the total domestic sales were down 8 per cent at 3,03,831 units, as compared…

[ad_1] Reliance intends to proceed with the Jio IPO in 2025, following the company’s achievement of becoming India’s leading telecom provider. Reliance Jio IPO: Mukesh Ambani, the Indian billionaire, is planning to list his telecommunications company Jio on the stock exchange by 2025. Analysts value the company at more than $100 billion, while his retail…

[ad_1] MUMBAI: Ratan Tata, who bequeathed the bulk of his assets to his philanthropic foundation and family members, however, transferred the ownership of three of his most cherished possessions – a pistol, shotgun and rifle – to Mehli Mistry, a longtime friend and business confidant. The weapons which were rarely used by Tata, despite being…

[ad_1] Banks will be closed on several festivals days including Diwali Amavasya, Kut festival. Bank Holidays November 2024: Banks will observe 13 holidays in November 2024 due to various national and regional celebrations. The RBI’s website lists these holidays for different states. Regular closures include Sundays and the second and fourth Saturdays.Banks will be closed…

[ad_1] HYDERABAD: Azad Engineering Ltd, a Hyderabad-based manufacturer of complex and highly engineered precision forged components for global OEMs in aerospace & defence, energy and oil & gas, has bagged a $ 82.89 million (approx. Rs 700 crore) contract from Japan’s Mitsubishi Heavy Industries Ltd.The long-term contract is for the supply of highly engineered &…

[ad_1] Once past the election, fundamental market flows are building up support for a rally into the end of the year. Just before a hotly contested US election considered a toss-up, options traders across markets appear to be reducing risk and bracing for more volatility.Equity options volatility climbed through most of October even as the…