The recently-announced merger between India’s second-largest bank, HDFC Bank, and its shareholder HDFC Ltd, may have long-term implications for India’s banking and non-bank financial institution (NBFI) sectors, Fitch Ratings said on Tuesday. The
Electric scooters on fire: Jitendra EV said it is investigating the incident New Delhi: At least 20 electric scooters being transported on a long truck were destroyed in a fire near the company’s
We had earlier reported about the Yamaha Neo’s European debut. Now, we have confirmation from our sources that the Neo’s will be coming to Indian shores some time next year. Apart from the
New Delhi: California-based electric vehicles and advanced mobility solutions provider Fisker Inc has established its India headquarters in Hyderabad, Telangana. “Our expansion into India represents both a strategic market opportunity and a significant
The company, which supplies technology to apparel merchants and factories, had been trying to raise $150 million to $200 million with help from Goldman Sachs Group Inc. when investors began to question its
The Canada Pension Plan Investment Board (CPP Investments) and Tata Realty and Infrastructure Ltd (TRIL), have entered into a joint venture to develop and own commercial office space across India. The joint investment
Indian Oil Corp (IOC) has excluded several high-sulphur crude grades, including Russian Urals, from its latest tender, trade sources said on Tuesday. India’s top refiner informed market participants that Das, Eugene Island, Thunder
OPEC slashed on Tuesday its oil demand growth estimate for 2022 by nearly 500,000 barrels per day (bpd) on the back of lower expected global economic growth with the Russian war in Ukraine
H-1B visa holders are among the highest paid workers in the United States, with their wages being in the 90th percentile of all wages in the country. This means that H-1B workers receive
Maruti Suzuki will be updating a lot of its vehicles this year. They will be launching the 2022 XL6 on the 21st of April. The manufacturer has already started teasing the upcoming MPV.
