Calling for a complete revamp of the policy, the company wants the government to include low speed two-wheelers for subsidy arguing that for mass adoption of electric vehicles (EVs) in India these cost effective vehicles are critical.
"As a new entrant in the Indian market, the robust sales momentum of our first offering, the Hector, has been very encouraging. We are working closely with our global and local suppliers to increase the production of the Hector in 2020 to support the booking backlog," said Rakesh Sidana, director for sales, MG Motor India.
Domestic sales during the month grew by 3.5 percent to 1.25 lakh units and exports increased 10.2 percent to 7,561 units compared to December 2018.
Trends on SGX Nifty indicate a negative opening for the broader indices in India, a loss of 87.50 points or 0.71 percent. Nifty futures were trading around 12,239-level on the Singaporean Exchange.
A decisive move above 12300 levels in the Nifty (SPOT) should once again trigger a fresh round of short-covering by call writers which could take markets towards new record highs in the coming week.
Rupee had closed the 2018 year at 69.77 to the US dollar. To alleviate the stress in the sector, the government and RBI announced several measures such as allowing banks to provide partial credit enhancements to bonds issued by NBFCs, relaxing the minimum holding period to encourage loan securitisation.
The government has asked all departments to restrict the expenses to 25 per cent of the Budget Estimate (BE) in January-March.
The preferential allotment increases the bank#39;s total capital adequacy ratio to 16.31 per cent, core equity tier I ratio to 15.29 per cent, enhancing the bank#39;s capital adequacy.
From April to November, the industry added 5,709 new individual ARNs as against an addition of 13,272 ARNs in the same period last year The Financial Recourse and Management Committee of the company#39;s board has approved allotment of 3,500 secured, rated, listed, redeemable non-convertible debentures of face value of Rs 10 lakh each, aggregating to Rs 350 crore, according to a BSE filing.
"Indoco Remedies received final approval of its ANDA (Abbreviated New Drug Application) for Febuxostat tablets 40 mg and 80 mg, which is therapeutically equivalent to the Reference Listed Drug (RLD), viz, Uloric Tablets 40 mg and 80 mg of Takeda Pharmaceuticals USA, Inc," the company said in a filing to the BSE.
The HF Deluxe BS-VI will be available at Rs 55,925 for self-start alloy-wheel variant and Rs 57,250 for self-start alloy i3S variant (prices ex-showroom Delhi) from the beginning of January 2020, the company said in a statement.
As part of this fundraising round, the proposed loans will be offered globally, including in the US, with securities which may have a maturity period of 7 or 10 years.
Marionol capsules are used to treat the loss of appetite (anorexia) in AIDS patients and to treat nausea and vomiting in patients receiving chemotherapy.
In a flue gas desulphurisation system (FGD), sulphur compounds are removed from the exhaust emissions of fossil-fuelled power stations.
"Cyril Anand, the incumbent CRO will retire from the services of the bank, with effect from close of business hours of December 31, 2019," Axis Bank said in a statement.
Employees#39; Provident Fund Organisation (EPFO) is undertaking several digital initiatives including online Universal Account Number (UAN) generation facility for subscribers and e-inspection system for employers.
While Nexon became the first Made-in-India car to be awarded five star ratings Kia followed next with the mid-size SUV Seltos
Telecom Minister Ravi Shankar Prasad on Monday said the government will allocate airwaves to all telecom service providers for conducting trials of super-fast speed 5G networks.
A consortium of 12 lenders led by Power Finance Corp and State Bank of India assigned the existing principal debt of 65.74 billion rupees to a set of new investors and lenders, led by Goldman Sachs and Varde Partners for 40.50 billion rupees.
In a departure from the past, industry body Nasscom discontinued providing its annual growth forecast for the industry -- an important tool to gauge the sentiment of the sector.
The appointment of Mathur, for a period of five years, is subject to the approval of the members at the next annual general meeting of the company, CG Power and Industrial Solutions said in a filing to BSE.
"Kalpataru Power Transmission Ltd (KPTL)... has secured new orders/notification of award of approximately Rs 979 crore. The company#39;s international subsidiary secured new TD projects in Europe," it said in a filing to BSE.
"... 800 MW unit of Darlipali Super Thermal Power Project has been added to installed capacity of NTPC on successful completion of trial operation," the company said.
Monthly advance-decline ratio on BSE has been positive for the last four months on the trot
"The divergence of the cost of capital between the have and have-nots has been unnerving."
The pan-regional Euro Stoxx 600 was down 0.3 percent while Germany#39;s DAX slipped 0.5 percent.
The companies said in a joint statement that they will form a partnership, with Grab owning 60 percent and Singtel holding the remainder to apply for a digital banking licence to serve retail and small and medium enterprises.
The drug is now the only approved medicine in biomarker-selected patients with advanced pancreatic cancer.
Sources said all operators and vendors, including Huawei, will be included in trials.
This comes at a time when the country#39;s exports have not performed all too well, with merchandise exports having contracted by 0.34 percent year-on-year in November.
"Payments worth Rs 1,700 crore have been released to our vendors and contractors of BSNL," he said.
Speaking about the overall slowdown, the company#39;s chief said: "The year 2019 has been a tough year in terms of the consumption but we are putting in best of the efforts in marketing, product profiling, technology and customer profiling to grab the best we can."
The company has launched generic Sodium Nitroprusside injection, 50 mg/2 ml (25 mg/ml) single-dose vial after getting approval from the United States Food and Drug Administration (USFDA), Dr Reddy#39;s Labs said in a filing to the BSE.
Experts are of the view that investors should track stocks that are on the verge of a break out as the momentum is likely to sustain for some more time.
The finance ministry and IRDAI’s requests comes in the aftermath of the Punjab and Maharashtra Cooperative (PMC) Bank scam
The AAI intends to develop water aerodromes in Long Island, Swaraj Island and Shaheed Island with a total investment of Rs 50 crore and sought clearance for preparing the Terms of References separately for three airports.
Senior executives such as chairman, managing director and CEO of large automotive companies will not attend the Auto Expo.
The Centre envisions a contribution of USD 2 trillion from micro, small and medium enterprises (MSMEs) as India eyes becoming a USD 5 trillion economy by 2024.
"Nifty has potential to rise to 14 percent next year over and above 12 percent return in 2019."
Complaints about sudden cancellation of flights or change in schedules with adequate notice, are on the rise. Harried passengers are sometimes forced to cancel their tickets or alter travel plans. Trade margins for branded generics are standardised (currently around 30 percent), while those on unbranded generics vary
Clients that have enrolled with Minance#39;s APC can earn additional returns on top of what their existing investments make.
The policy will reportedly mandate a hike in registration renewal fees for vehicles older than 15 years.
The first phase of 126 mw of the project is scheduled to be commissioned by the third quarter of FY21 at Dayapar in Bhuj district, Gujarat, and will be executed on a turnkey project basis.
The growth in smartphone adoption was further fuelled by the government#39;s push to position the country as a global hub for manufacturing and coax Apple and other leading brands to produce and export more phones from India.
Godfrey Philips witnessed an intermediate trend line break out on price as well RSI on the monthly time frame, and we expect the stock will be a good bargain at current levels.
Fund managers raised stake in 108 companies in the last three quarters. Out of 108 companies, 22 rose 10-122% in the year 2019
Rollover data suggest that index has seen lower rolls compared to its quarterly average of 78.66 percent and both the indices are light on positions
