NEW DELHI: Honda Cars India Ltd (HCIL) announced a 20 per cent rise in total sales for 2024 on Wednesday, with 1,31,871 units sold compared to 1,10,143 units in 2023. However, domestic sales fell by 18.55 per cent, plunging to 68,650 units in 2024 from 84,289 units the previous year.The company statement revealed that exports jumped more than two-fold to …
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NEW DELHI: Standard Glass Lining Technology Ltd on Wednesday said it has fixed a price band at Rs 133-140 per equity share for its Rs 410.05 crore initial public offering (IPO) that opens for public subscription on January 6. The public issue of Standard Glass Lining Technology is set to become the first mainboard IPO of 2025. The company has …
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For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails Russian gas is no longer flowing to EU states through Ukraine following the expiration of a five-year deal, closing an energy route that has existed …
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NEW DELHI: The Reserve Bank of India (RBI) announced on Wednesday that 98.12 percent of the Rs 2,000 banknotes withdrawn from circulation have been returned to the banking system.The apex bank revealed that as of December 31, 2024, only Rs 6,691 crore worth of Rs 2,000 notes remain with the public, marking a sharp decline from the total value of …
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NEW DELHI: Airlines should not keep passengers seated inside aircraft for more than 90 minutes in case of fog-related delayed departures and they need to cancel flights delayed by over three hours. As peak winter fog season kicks in, the union aviation ministry on Wednesday listed out a do’s and don’ts for airlines and airport operators to minimise passenger inconvenience.“Bureau …
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India’s Goods and Services Tax (GST) revenue saw a 7.3 per cent year-on-year growth in December, reaching Rs 1.77 lakh crore, up from Rs 1.65 lakh crore collected during the corresponding period last year, according to government data released on Wednesday.Breaking down the figures, central GST (CGST) accounted for Rs 32,836 crore, State GST (SGST) for Rs 40,499 crore, Integrated …
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Automobile giant Maruti Suzuki India Ltd announced a 30 per cent rise in overall wholesales for December 2024, reaching 1,78,248 units, compared to 1,37,551 units in December 2023.In its regulatory filing, on Wednesday, the company reported that its overall domestic sales, including light commercial vehicles and supplies to Toyota Kirloskar Motor, rose 24.44 per cent to 1,32,523 units last month, …
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NEW DELHI: Government on Wednesday approved the continuation of the Centre’s flagship crop insurance schemes, until 2025-26, allocating a total outlay of Rs 69,515.71 crore for the period from 2021-22 to 2025-26.The decision was taken during a meeting of the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi. The Cabinet also sanctioned a new fund with …
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NEW DELHI: Air India has covered a lot of ground since privatisation and its global coverage will further increase in the years ahead, the airline’s chief Campbell Wilson said on Wednesday. He also said the interior refit of the single-aisle fleet, serving domestic and short-haul international destinations, is underway, and will be completed by mid-2025. Loss-making Air India was acquired …
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NEW DELHI: Mahindra & Mahindra (M&M Ltd.) reported a 16 per cent rise in total automotive sales, reaching 69,768 units in December, according to their exchange filing on Wednesday.The company achieved domestic sales of 41,424 vehicles in the utility vehicle category, an 18 per cent increase, with total sales including exports reaching 42,958 vehicles while commercial vehicle domestic sales reached …
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