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Author: businessreputationdata

Business Updates

MG Motor, Toyota, Ola Electric, others sign up for recycling battery waste to push circular economy for EVs

November 9, 2020By businessreputationdata

At least EV makers that use lithium-ion batteries like MG Motor, Ola Electric, Ather Energy, Tata Motors, and Mahindra & Mahindra have registered for recycling battery waste on an online portal operationalised by India’s apex pollution control authority earlier this year.

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Business Updates

Facing a financial emergency? Should you take a gold loan or personal loan

November 9, 2020By businessreputationdata

While having an emergency fund is among the tenets of financial prudence, there are times when our funds may not be sufficient to deal with the situation at hand. That is where loans, specifically personal loans or gold loans, can be useful.

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Business Updates

Rupee falls 9 paise to close at 83.19 against US dollar

November 9, 2020By businessreputationdata

Forex traders said that positive sentiment in the stock market, a weak greenback against major currencies overseas and steady crude oil prices restricted losses in the local currency.

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Business Updates

HDFC Bank profit rises 30% in first quarter

November 9, 2020By businessreputationdata

In the Nifty50, State Bank of India, Wipro Ltd, Dr Reddy’s Laboratories, Grasim Industries and HDFC Bank were the top gainers. ONGC, Hero Motocorp, Tata Motors, Titan and Bharti Airtel Ltd were top losers on Monday.

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Business Updates

Markets continue winning rally: Sensex crosses 66,500, Nifty settles over 19,700 for first time ever

November 7, 2020By businessreputationdata

The world’s second-largest economy is expected to slow further in coming months given slack consumer demand in China and weaker demand for Chinese exports in other economies as their post-pandemic recoveries lose momentum.

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Business Updates

Sebi looking to introduce ‘MF Lite’ regulations for passive funds

November 7, 2020By businessreputationdata

A passive fund is an investment vehicle that tracks a market index or a specific market segment. These funds include passive index funds, Exchange Traded Funds (ETFs), and Fund of Funds investing in ETFs.

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Business Updates

Whole Vivo setup was directed by Vivo China to cheat Indian govt: ED chargesheet

November 6, 2020By businessreputationdata

According to the chargesheet, multiple entities under the control of Vivo China resorted to using forged identity documents to acquire wrongful gains for themselves “to the detriment of Indian Laws and economic sovereignty of the country.”

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Business Updates

India is chasing China’s economy. But something is holding it back

November 5, 2020By businessreputationdata

While money is flying into India’s stock markets, long-term investment from overseas has been declining.

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Business Updates

Alibaba shares slide 4% after former CEO quits cloud unit

November 5, 2020By businessreputationdata

The Hong Kong-listed shares of China’s Alibaba Group fell more than 4% on Monday after the surprise departure of former CEO Daniel Zhang from the technology giant’s cloud computing business.

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Business Updates

GST collection rises 11% to Rs 1.65 lakh crore in July

November 5, 2020By businessreputationdata

Revenues for the month were 10.8 per cent higher than the GST revenues in the same month last year, the finance ministry said in a statement.

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