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Page 1854 - Business Finance

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Updated On : 15 Nov 2018 | 5:31 PM IST
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Updated On : 15 Nov 2018 | 5:31 PM IST
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Updated On : 15 Nov 2018 | 5:31 PM IST
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Updated On : 15 Nov 2018 | 5:31 PM IST
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Updated On : 15 Nov 2018 | 5:31 PM IST
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Updated On : 15 Nov 2018 | 5:31 PM IST
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Updated On : 15 Nov 2018 | 5:31 PM IST

BMW launches new M2 Competition model priced at Rs 79.9 lakh

German luxury car maker BMW Thursday launched the all-new version of its M2 Competition model priced at Rs 79.9 lakh (ex-showroom). The all-new BMW M2 Competition is available in petrol variant as a completely built-up (CBU) model at all the BMW dealerships across India with immediate effect, BMW India said in a statement. The car is powered by a three-litre six-cylinder petrol engine and is capable of accelerating from 0 to 100 km/hr in 4.2 seconds with a top speed of 250 km/hr, it added. BMW India said its parent in Germany has elevated the benchmark in the compact high-performance sports car segment. The all-new BMW M2 Competition offers full everyday usability while captivating its racing flair, it added.

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Updated On : 15 Nov 2018 | 5:30 PM IST

After weak third quarter, Germany will not hit 2018 growth forecast: economists

BERLIN (Reuters) - The German government's forecast for growth of 1.8 percent this year is no longer achievable after the economy contracted in the third quarter for the first time since 2015, leading economic institutes said on Thursday.

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Updated On : 15 Nov 2018 | 5:25 PM IST

Skybox wants to strengthen channel partnership in India

California-based global cybersecurity firm Skybox Security on Thursday said its CEO and Founder Gidi Cohen is in India to strengthen channel partnership and customer relationship in the Asia-Pacific region.

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Updated On : 15 Nov 2018 | 5:25 PM IST

Key indices open higher

Key benchmark indices were trading higher in early trade. At 9:20 IST, the barometer index, the S&P BSE Sensex, was up 103.27 points or 0.29% at 35,245.26. The Nifty 50 index was up 26.75 points or 0.25% at 10,603.05.

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Updated On : 15 Nov 2018 | 5:16 PM IST

Nifty November 2018 futures at premium

ICICI Bank, Axis Bank and Yes Bank most active futures contracts

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Updated On : 15 Nov 2018 | 5:16 PM IST

Apple supplier AMS cuts forecast, indicating poor iPhone demand

VIENNA (Reuters) - Austria's AMS, which makes facial recognition technology, became the latest Apple supplier to cut its revenue forecast, adding to growing evidence that the latest iPhones are not selling well.

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Updated On : 15 Nov 2018 | 5:15 PM IST

OYO Hotels names Aditya Ghosh as South Asia CEO

OYO Hotels on Thursday announced the appointment of Aditya Ghosh, who headed the budget carrier IndiGo as its President until July, as the company's CEO for India and South Asia, with effect from December 1.

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Updated On : 15 Nov 2018 | 5:15 PM IST

Healthians to hire 1,500 phlebotomists, lab technicians by 2019

In a bid to expand business geography, home diagnostic service provider Healthians on Thursday announced that it is set to hire 1,500 employees in the next 12 months.

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Updated On : 15 Nov 2018 | 5:15 PM IST

Belden eyes Rs 600 cr in 3-4 years from India ops

US-based global leader in signal transmission and security solutions Belden is eyeing up to Rs 600 crore in the next 3-4 years from India operations riding high on the manufacturing facility it launched in Pune. The company on Thursday launched its first facility in Pune, set up across 24,000 sq mt with a total investment of Rs 250 crore, to manufacture low voltage cables for high-end applications, connectivity and assemblies for data transmission, and ethernet switches, routers and firewalls for industrial and building automation. "Setting up a facility in India is part of our strategy to expand our presence in the market and capture nearly 10 per cent of the market. Considering the amount of projects awarded by both the central and state agencies in infrastructure, transport and energy, we see a huge demand for our products," company's managing director of Asia Pacific Ashish Chand told PTI here. Currently, the high-end data transmission and cyber security market is ..

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Updated On : 15 Nov 2018 | 5:15 PM IST

Punjab govt imposes surcharge on transportation vehicles, registration

Buying cars, motorcycles and other vehicles in Punjab is going to be costlier as the state government Thursday imposed 1 per cent surcharge on registration of vehicles. Besides, the state government has also levied a 10 per cent surcharge on the value of goods to be carried by transportation vehicles, a senior official said here. The move is expected to garner a revenue of about Rs 300 crore per annum for the state, he said. "The surcharges which have been introduced are intended to create a social security fund so as to fund social welfare schemes like old age pension and health insurance scheme," the official added. One per cent surcharge has been imposed on the value of motor vehicles and it will lead to a collection of about Rs 200 crore revenue. Ten per cent surcharge has been levied on the transportation vehicles wherein tax will be imposed on the value of goods which are going to be transported, which would generate Rs 100 crore revenue. The state government would initially be .

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Updated On : 15 Nov 2018 | 5:10 PM IST
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Updated On : 15 Nov 2018 | 5:05 PM IST