A CBI investigation into Yes Bank and Reliance Group transactions has uncovered a complex scheme of fund diversions. Shell companies were allegedly used to channel money, causing significant losses to the bank. The probe, involving the Enforcement Directorate, focuses on…
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Indian automakers are poised for double-digit profit growth in the September quarter, driven by strong demand for two-wheelers and tractors. While passenger vehicle segment growth remains soft due to supply issues, tax cuts and festive demand are expected to boost…
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Indian business confidence saw a dip in July-September. This followed three quarters of improvement. A US tariff and global uncertainties impacted sentiment. However, firms still expect production and exports to rise in the coming months. The overall economic outlook remains…
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PVR Inox is gearing up for an exceptional surge in moviegoers as the fiscal year unfolds. Driven by enticing promotional deals, lowered federal taxes, and an exciting slate of both Hollywood and Bollywood releases, the company is on track to…
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India’s two-wheeler market is booming, with October registrations hitting a yearly high of 1.85 million units. This surge is attributed to the recent GST rate cut on motorcycles and strong festive season demand, making vehicles more affordable and boosting buyer…
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The impending reduction in GST is expected to lower the acquisition costs for commercial vehicles, which could have a transformative effect on the purchasing decisions of fleet operators. With projections of an eight to ten percent revenue increase for domestic…
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