NEW DELHI, Jan 31: India Yamaha Motor Pvt Ltd on Friday said it will cut prices of its flagship models R3 and MT-03 by up to Rs 1.10 lakh from February 1, 2025. The Yamaha R3 will be priced at Rs 3,59,900 and the MT-03 at Rs 3,49,900 (all prices ex-showroom, Delhi), the company said in a statement. The step has been taken to cater to the growing demand for premium motorcycles, India Yamaha Motor said. With this [] The post India Yamaha Motor cuts prices of two flagship models by up to Rs 1.1 l

NEW DELHI, Jan 31:Ola Electric on Friday said it has launched eight scooter models under the S1 brand, developed on its Gen 3 platform, priced between Rs 79,999 and Rs 1,69,999. The company said it will continue to sell retail its Gen 2 scooters along with the latest Gen 3 S1 scooters. Ola will offer discounts on Gen 2 scooters of up to Rs 35,000, with S1 Pro, S1 X (2kWh, 3kWh, and 4kWh) now starting at Rs 1,14,999, [] The post Ola Electric drives in 8 scooters under S1 Gen 3 portfolio appeared

NEW DELHI, Jan 30:Five subsidiaries of Coal India, including SECL, CCL and ECL, have not met their production targets for April-December period of this fiscal year. Against the target of 133 million tonne (MT) set for April-December period, South Eastern Coalfields Ltd (SECL) produced 111.54 MT of coal. The output by Central Coalfields Ltd (CCL) was 57.73 MT against the target of 66.48 MT. In the case of Bharat Coking Coal Ltd, the production was 29.07 MT against the [] The post Five Coal India

NEW DELHI, Jan 30:Maruti Suzuki India on Thursday said the locally manufactured Jimny five-door model has made its debut in the Japanese market. The SUV, which is exclusively manufactured at Maruti Suzukis Gurugram-based plant, was unveiled in Japan on Thursday. The Jimmy five-door model has become the second SUV after Fronx to be supplied to the home market of Suzuki Motor Corporation in FY 2024-25. The introduction of the Made in India Jimny 5-door in Japan is a testament [] The post Made in

NEW DELHI, Jan 29:De Beers, a global leader in the diamond industry, on Wednesday announced it will foray into the retail segment with the opening of 15 Forevermark brand stores in India in the current year. De Beers India Managing Director Amit Pratihari said the plan is to establish 100 retail stores by 2030 with a revenue target of USD 1 million. We are investing in retail through Forevermark jewellery brand. We will open 15 stores, eight in Delhi [] The post De Beers to open 15 Forevermark

MUMBAI, Jan 28: Hyderabad-based electric two-wheeler manufacturer PURE EV on Tuesday announced a strategic partnership with French climate-tech firm BE Energy to develop advanced lithium-ion battery conditioning technology. This first-of-its-kind collaboration will lead to long-term cost savings for EV owners, as the reconditioning/ rejuvenation process will reduce the need for new batteries, thereby lowering overall costs, PURE EV said. This alliance will bring advanced lithium-ion (Li-Ion) ba

NEW DELHI, Jan 13:Wind energy solutions provider Inox Wind Ltd (IWL) on Monday said Care Ratings (CARE) has upgraded the ratings for the companys banking facilities. CARE upgraded its rating to CARE A1+, the highest rating for short-term bank facilities, from CARE A1, a company statement said. The rating upgrade reflects IWLs strong financial position, supported by the effective use of banking facilities like Letters of Credit (LCs) and Bank Guarantees (BGs), according to the statement. The lon

MUMBAI, Jan 3: Equity benchmark indices Sensex and Nifty buckled under selling pressure to settle nearly 1 per cent lower on Friday as investors pared exposure to bank and IT stocks ahead of the earnings season starting next week. A depreciating rupee against the US dollar further weighed on sentiment, traders said. The 30-share BSE Sensex tumbled 720.60 points or 0.90 per cent to close at 79,223.11 despite a positive beginning. During the day, it slumped 833.98 points or [] The post Sensex, Ni

NEW DELHI, Nov 26: Cooperation Minister Amit Shah on Tuesday directed the National Federation of State Co-operative Banks to prioritise making Primary Agricultural Credit Societies more viable, transparent, and modern. Speaking at the National Federation of State Co-operative Banks Ltd (NAFSCOB)s Diamond Jubilee Celebration, Shah expressed concern over the dilution of cooperative spirit in state and district-level cooperative institutions in many places. I believe this is a matter of concern. We

NEW DELHI, Nov 26:Financial Services Secretary M Nagaraju on Tuesday said public sector banks will unveil new products in the next few months to improve credit growth. We are actually committed to enhancing, and we want to push as much credit as possible because we have a huge number of young people, he said while addressing the Financial Inclusion and Fintech Summit organised by CII here. Public sector banks are going to launch new products in the next 3-4 [] The post PSU banks to launch new p

NEW YORK, Oct 22 : Finance Minister Nirmala Sitharaman on Monday met Citibank CEO Jane Fraser here and discussed the banking sector in view of the decadal reforms and the way forward for India. The two discussed the use of #AI in important sectors such as #agriculture and #UrbanDevelopment as well as Indias booming #pharmaceutical sector and hub for the world, the finance ministry said in a post on X. Fraser complimented the Finance Minister for Indias digital payment transformation. [] The post