Business News Updates

Maruti Suzuki Alto
Maruti Suzuki Alto set to be dethroned from India’s top 10 selling cars list of FY24; here's why

Over the years, the Alto has been among the best-selling cars in India. However, in 2023, Alto’s sales dropped 21.77%—from 162,548 units to 127,169 units (35,379 less Alto cars sold in 2023), and ranked 12th.

  • Thursday, 07 March 2024
Indian workers likely to get average salary hike of 9.6 pc this year
Salary hike for Indian workers expected at 9.6 pc this year: Report

According to the EY 'Future of Pay 2024' report, overall attrition dropped to 18.3 per cent in 2023 (from 21.2 per cent in 2022) and is set to gradually decline over the next few years as companies prioritise cost management and employee well-being, stabilising the workforce amidst high talent demand.

  • Wednesday, 06 March 2024
Bajaj Manufacturing Plant
Bajaj to introduce world’s first CNG-powered motorcycle next quarter

Bajaj said there was a 50-65% reduction in fuel cost and operating costs. The emission levels were lower compared to ICE vehicles . The CNG prototype had seen a 50% reduction in CO2, 75% in Carbon Monoxide and a reduction of almost 90% in non-methane hydrocabon emissions.

  • Wednesday, 06 March 2024
RBI
RBI’s Unclaimed Deposits portal: Here’s all you need to know now

All unclaimed deposits/accounts that are part of Depositor Education and Awareness (DEA) Fund of RBI can be searched in UDGAM portal.

  • Wednesday, 06 March 2024
  • RBI
Swiggy, IRCTC ink MoU to provide food delivery service on trains
Now order food online on trains! Swiggy, IRCTC ink MoU; know details

As part of the MoU, Swiggy will deliver food to train passengers travelling via Bengaluru, Bhubaneswar, Visakhapatnam and Vijayawada.

  • Tuesday, 05 March 2024
  • IRCTC
BYD Atto
Chinese EVs start flooding Indian market as BYD tops midsize EV sales in 2023

In 2023, BYD rose to the top of the country’s midsize EV sector, pipping established German and Korean carmakers to first place in the Rs 30 lakh - 70 lakh price segments.

  • Tuesday, 05 March 2024
Rolls Royce Arcadia Droptail
Rolls Royce reveals Rs 209 crore Arcadia Droptail; and yes, it’s drop-dead gorgeous

Rolls-Royce has revealed the third example of its approximately Rs 209 crore coachbuilt roadster. The Arcadia Droptail was revealed at a private ceremony in Singapore and follows the Amethyst and La Rose Noire cars shown last year as part of a production run of four.

  • Saturday, 02 March 2024
Nirmala Sitharaman
Rs 1,000 cr worth of infra projects launched by Nirmala Sitharaman

The Finance Minister said that projects like these renew confidence and boosts morale of the officials that the government continues to provide for their welfare and well-being.

RBI
RBI streamlines Bharat Bill Payment System, customers get more protection

The directions state that NBBL is the entity authorised as the Payment System Provider for Bharat Bill Payment System (BBPS).

  • Friday, 01 March 2024
  • RBI
10 bank holidays in Odisha in the month of March
10 bank holidays in Odisha in the month of March; check full list here

Among the major holidays in March in the state are Good Friday, Holi, and Maha Shivratri. Customers should pay attention to the scheduled holiday dates in March and visit the branches accordingly for their work.

Paytm
Paytm, PPBL discontinue inter-company agreements before RBI deadline

Services like Paytm app, Paytm QR, Paytm soundbox and Paytm Card machines will continue to work uninterrupted beyond the RBI’s March 15 deadline.

  • Friday, 01 March 2024
Honda
Next-gen Honda Amaze in works, likely to break cover this festive season

As per an Autocar India report, ACE platform that underpins the City and Elevate will also see duty on the next Amaze, with some modifications; particularly a much shorter wheelbase than the City's 2,600mm and the Elevate's 2,650mm, to bring the overall length of the Amaze under four metres.

  • Friday, 01 March 2024
‘Eat Right’ tag for clean, nutritious food to 150 railway stations
‘Eat Right’ tag for clean, nutritious food to 150 railway stations

The “Eat Right Station” certification process involves rigorous audits of food vendors, training of food handlers, adherence to strict hygiene and sanitation protocols and efforts to raise awareness among individuals to make informed food choices.

  • Thursday, 29 February 2024
Rendered Image Of Apple Car
Apple scraps decades-long multibillion-dollar electric car project

The decision was internally disclosed by Chief Operating Officer Jeff Williams and Vice President Kevin Lynch on February 27, leaving nearly 2,000 project employees stunned, the report said.

  • Thursday, 29 February 2024
Disney and Reliance Industries Limited
Disney, Reliance to merge India media operations to create Rs 70,000 crore behemoth

Reliance and its affiliates will hold a 63.16 per cent stake in the combined entity that will house two streaming services and 120 television channels. Disney will hold the remaining 36.84 per cent stake, the companies said in a statement.

  • Wednesday, 28 February 2024
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