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News digest: FPIs to sell Indian stocks, Maruti's small car sales, and more

From Foreign portfolio investors selling domestic bonds to Sterlite stir, BS brings you up to date with the latest news

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BS Web Team New Delhi
FPIs press sell button on Indian stocks, bonds worth $7 bn since April

Foreign portfolio investors (FPIs) have dumped domestic bonds and equities worth nearly $7 billion (Rs 441 billion) since April. The pullback comes amid the greenback’s ascendance against most global currencies and the 10-year US Treasury hitting the dreaded 3 per cent mark. Read more

Maruti Suzuki switching lanes: Small cars now down to 25% of total sales 

Maruti Suzuki, which started as an entry-level carmaker 35 years ago (the 800 was launched in 1983) and rode on the popularity of these cars to become the market