Automobile India Life Style Market

Semiconductor Supply chain short supply affects Auto Industries

Major automobile players such as Maruti Suzuki, Hyundai Motor, Tata Motors and Mahindra reported an adverse impact on production that led to lesser dispatches. Meanwhile, Kia India registered sales of 14,441 units in September 2021. Thus Kia company became the fourth most sold carmaker of India with a market share of 7.8 per cent, an Read More…

DMK Industries Market South India Tamil Nadu

Made in Tamilnadu slogan for achieving 1 Trillion US$ Economy target by 2030 : Stalin CM

“Export conclave” during which MoUs worth Rs 2,120 crore were exchanged in the city.   Presiding over the state industry department organised During the conclave, Tamilnadu Chief Minsier Stalin released Tamil Nadu Exports Promotion Strategy and MSME exporters handbook.   In the Conclave MoUs worth Rs 2, 120.54 crore were signed with 24 industry partners Read More…

Companies India Industries Jobs Market Opinion

Rising input costs 5.4% drop of Purchasing Managers’ Index in August 2021

A day after GDP data showed robust manufacturing growth in the first quarter of the current financial year, factory activities lost momentum in August due to rising input costs, showed IHS Markit Purchasing Managers’ Index (PMI).   The index for manufacturing fell to 52.3 in the month from 55.3 in July, forcing companies to pause Read More…

Automobile India Market Regulators

CCI levied Rs 200 Crores penalty on Maruthi Suzuki for anti-competitive practices

India’s antitrust regulator has fined Maruti Suzuki, the country’s biggest carmaker, Rs 200 crore for anti-competitive practices related to how it forced dealers to discount cars, CCI the watchdog said in an order on Monday, Reuters reported.   CCI has asked automobile giant Maruti to ‘cease and desist’ from indulging in such practices and asked Read More…

Business India Industries Market

TRAI June 2021 data shows Reliance Jio eats up Vodaphone subscribers

As per latest data by the Telecom Regulatory Authority of India (TRAI).Reliance Jio added 5.5 million subscribers to its network in June,   Followed by Bharti Airtel with 3.8 million users, while Vodafone Idea continued with its losing streak by shedding another 4.3 million customers in the reporting period.   Overall telephone subscribers in India Read More…

Banks Business Gadgets Industries Life Style Market Union Government jobs

e-RUPI launched for specific purpose voucher based Digital payment

Union government Prime Minister Narendra Modi on Monday launched e-RUPI, an electronic voucher-based digital payment solution, via video conferencing.   “Today, the country is giving a new dimension to digital governance. e-RUPI will play a great role in strengthening DBT,” PM Modi said while launching the digital payment solution.   “e-RUPI vouchers are purpose-specific. It Read More…