nearest dealership, it’s worth noting that the unveiling took place in South Africa. The French automaker plans to launch the SUV in March 2025. India will also receive the Duster, which will be locally manufactured. Here’s a preview of what to expect from the upcoming SUV. Renault Duster: No more diesel Renault will introduce the
It was reported a few days ago that Toyota will be launching the next generation of Camry in India soon. It has now come to light that the Japanese auto giant will be bringing the new-gen Camry to India on 11 December 2024. Officially known as Camry XV80, this will be the ninth-gen model of
0 New Tax Regime Vs Old Tax Regime: The Centre in the July Union Budget introduced some changes in the new tax regime, increasing Standard Deduction by Rs 25,000 to Rs 75,000 and tweaking the slab. There are no changes made in the old tax regime, which offers taxpayers benefits in form of deductions and
FE Connect The elements of efficiency, operational excellence and agility are core to any business function and in times when every root and branch of an organisation has to be aligned to ensure stellar outcomes, leveraging technology becomes crucial. Sharing thoughts, swapping ideas and brainstorming on this, CFOs and finance heads from a diverse and
MakeMyTrip on Monday announced that it has signed a Business Transfer Agreement to acquire Happay Expense Management Platform from CRED. This acquisition, it said, reinforces MakeMyTrip’s commitment to becoming the go-to platform for comprehensive corporate travel and expense management solutions. As part of the agreement, Happay brand, its expense management business, and its dedicated team
ONGC Green Limited (OGL), a wholly owned subsidiary of Oil and Natural Gas Corporation (ONGC) and NTPC Green Limited, a NTPC Limited subsidiary, announced a 50:50 joint venture to form ONGC NTPC Green Private Limited (ONGPL). “It is hereby informed that a Company – ONGC NTPC Green Private Limited (ONGPL), has been incorporated on 18.11.2024
By Ajit Mishra The markets resumed their corrective trend after a brief period of consolidation, shedding over two and a half per cent for the week. Despite a flat opening, pressure from heavyweight stocks pushed the benchmarks lower, resulting in a muted session to close out the week. Mounting concerns over rising CPI inflation and
By Anand James Long to to-short ratio of FIIs’ index futures is still at the lowest this month, as of Friday. These are near historical extremes but have not yet triggered a reversal as the total positions have not been sizable enough, when compared to October, to force an urgency. We had noted the same
Edtech giant Physics Wallah has confidentially filed for an initial public offering (IPO) that could raise as much as $500 million, according to a report by IFR. The company in October 2024 said it might launch a $400-500-million IPO in 2025. If the public issue is launched, Physics Wallah will be the first pure-play edtech
Advance tax collections from the corporate sector, other firms and individuals in the current fiscal stood at Rs 10.45 lakh crore as on Sunday, up 14.6% on year. In the corresponding period of last fiscal, these collections — a proxy of corporate profitability and the state of the economy — stood at Rs 9.11 lakh
The four new companies formed after the restructuring of Vedanta have the potential to be $100 billion firms each, chairperson Anil Agarwal has said in a letter to shareholders. He has also highlighted the potential of the natural resources sector, both in India and global economies.“While Vedanta currently contributes close to 1.4% to India’s GDP, there
Fast-moving consumer goods (FMCG) companies are asking for a separate law to govern beauty and personal care (BPC) products, saying current regulations under the Drugs and Cosmetics Act 1940 impede growth. At present, the making of soaps, skin care, hair care, oral care and cosmetic products, much like drugs, is regulated under a system of
E-commerce major, Amazon, is exploring the possibility of spinning off its India operations and listing it, according to industry sources. The company, which is the second largest player in the e-commerce sector, behind Flipkart, has initiated preliminary talks with investment banks to assess the feasibility of such a move, sources added. According to a report
