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According to industry sources, passenger vehicle makers retailed around 85,000 units, versus 1,75,000 units last year. Two-wheeler retailing may have declined about a quarter through Navratri and Dussehra.

Dixon has started manufacturing 5G millimetre waves smartphones which will be the first set of devices in the segment to be exported from India.

HDFC Bank’s recast loans rise to 1.7%, NPAs ease

Updated at : 2021-10-18 08:20:02

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On the positive side, the bank has reported an improvement in gross NPA ratio by 12 basis points (100bps = 1 percentage point) quarter on quarter to 1.35%. Its subsidiary HDB Financial Services also reported a improvement in GNPA to 6.1% from 7.8% in the corresponding quarter last year.

Saroj Poddar to create Zuari holding co for agri

Updated at : 2021-10-18 08:20:02

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Saroj Poddar-controlled Adventz Group will implement a structure in which the publicly listed Zuari Agro Chemicals will become the holding company of the agriculture unit, which contributes 60% to the enterprise’s $3-billion revenue.

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​​The differential between one-month onshore and offshore forwards trade is now less than a paise, which would have been about four-five paise in normal circumstances.

PharmEasy closes $350-million pre-IPO funding round

Updated at : 2021-10-18 07:20:01

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Amansa Capital, Blackstone-backed hedge fund ApaH Capital, Steadview, Janus Henderson, Sanne Group, ADQ, others join pre-IPO round

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Greenidge said it mined 729 bitcoins over three months ending Sept. 30. The value of cryptocurrency fluctuates, and on Friday, one bitcoin was worth over $59,000.

Tweet Buster: Zerodha CEO's message for algo traders

Updated at : 2021-10-17 18:20:01

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In this edition of Tweet Buster, we scan through the social media platform to bring the best of fintweets.

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Around 24.45 per cent of public institution shareholders who participated in the voting voted against the proposal.

Market expert Saurabh Mukherjea says in such soaring cost inflation periods, a company’s dominant market presence can give it the advantage of pricing power.

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