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Car discounts reach pre-pandemic highs

SADDLED WITH EXCESS stock and anxious about slowing demand, car manufacturers and their dealers are pushing discounts to pre-Covid levels in an effort to entice buyers.

In a flat market, 191 stocks returned over 100% in FY23

THE BENCHMARK INDICES have closed flat during FY23, but a total of 191 stocks from the broader market returned over 100% to investors. Of the lot, 45 were penny stocks (of value below 10), while 14 were of firms that command a market capitalisation of over ₹5,000 crore.

Trump To Fly To NY For Court Surrender

FORMER US PRESIDENT Donald Trump prepared to fly from Florida to New York City on Monday to face charges stemming from a probe into hush money paid to a porn star before the 2016 election, as security tightened in Manhattan.

Google Wants You To Never Overpay For A Flight Again

MAKING SURE YOU pay a reasonable fare for flights often feels like a fool's errand. If you're lucky, you'll snag a mistake fare or flash sale. More often, you'll deliberate ad nauseam.

CBI Should Act Against Corrupt Without Hesitation, Says PM

ASKING THE CENTRAL Bureau of Investigation (CBI) to ignore political attacks on it, Prime Minister Narendra Modi on Monday said the agency should take action without hesitation against the corrupt, however, powerful they may be.

Campus in 2024, Bengal looks forward to 'significant presence' of Infosys

WITH INFOSYS LIKELY to inaugurate its 50-acre campus in Kolkata next year, the West Bengal government is looking forward to a significant presence of the software behemoth in the state.

Surat court grants Rahul bail, next hearing on April 13

A SESSIONS COURT in Surat on Monday granted bail to Congress leader Rahul Gandhi in the defamation case over his Modi surname remark, and suspended his two-year sentence till the disposal of his appeal seeking a stay on his conviction.

OPENING WEEKEND: JioCinema gets 14 mn views in first weekend

Disney-Star too claims high TV viewership on Day 1

Bondholders of Credit Suisse mull legal action

SOME HOLDERS OF Credit Suisse AT1 bonds wiped out by the bank's planned merger with UBS have instructed law firm Quinn Emanuel Urquhart & Sullivan to represent them for discussions with Swiss authorities and possible litigation.

WWE, Endeavor's UFC to merge into $21 bln entertainment giant

WORLD WRESTLING ENTERTAINMENT will combine with Endeavor Group-owned mixed martial arts franchise UFC to form a new, publicly listed entertainment giant valued at about $21 billion, the companies said on Monday.

EY Germany gets 2-year ban over Wirecard audit

EY'S GERMAN BUSINESS has been banned for two years from accepting major new audit mandates, after it failed to uncover fraud at Wirecard.

US factory gauge lowest since 2020

US FACTORY ACTIVITY contracted in March by more than expected, with a closely watched gauge dropping to its lowest level since May 2020 as measures of new orders and employment retreated.

OPEC's shock cut is a capitulation to oil's decline

Choosing not to expand output is good for prices, but signals little confidence in demand

A'dovish' hike likely

RATE ACTION: IT WILL BE DIFFICULT FOR RBI TO JUSTIFY A PAUSE IN RATE HIKES BASED ON INCOMING ACTIVITY DATA-EXPECTA 25-BPS HIKE WITH A CHANGE IN STANCE

Untimely rains

PMFBY must be made to work better as there is bound to be considerable agrarian distress

IT firms' Q4 growth likely to be muted

RANGING FROM 2.1% FALL TO 2.3% GROWTH

Committed to domestic manufacturing of aviation parts: Scindia

CIVIL AVIATION MINISTER Jyotiraditya Scindia has said that the country would slowly develop the ecosystem for domestic manufacturing of aviation-related components.

Startup funding plunges 70%

Investors ask founders to prioritise profitability

Vodafone Idea loses market share in 17 of 22 circles

AT A TIME when Reliance Jio and Bharti Airtel are competing for higher subscriber base, Vodafone Idea has been losing market share largely due to weak capital expenditure especially on the network, delay in the launch of 5G services, shift of lower-end subscribers to other operators, and lucrative offerings by the competition in some segments, among others, according to analysts.

Key Budget numbers for 2022-23 in line with RE

Revenues, spend near RE level; deficit not to vary much from 6.4%

Manufacturing PMI hits 3-month high in March

Signals resilience in demand, along with robust GST receipts

India Inc's credit ratio high but moderating

LOANS PICK UP ON RISING CAPEX

Blocked from his mansion, Cyrus Poonawalla blasts govt

SERUM OWNER BOUGHT LINCOLN HOUSE IN 2015 FROM THE US GOVT

RCap second e-auction pushed to April 11

THE SECOND E-AUCTION for debt-laden Reliance Capital (RCap) has been postponed by a week to April 11 even as one more bidder - Singapore-based Oaktree Capital has confirmed its participation.

IT hardware PLI to be made more attractive

Outlay likely to be two-and-a-half times higher at ₹18,000 cr

VALUATION REMAINS FLAT AT $22 BILLION: Byju's raises $700 mn in fresh funding round

Up to $500 million to be reserved for debt payments

Make In India: Apple Says No To iPads & MacBooks

Tech giant won't take part in revised IT PLI

Leadership makes one feel lonely at the top, says Narayana Murthy

INFOSYS CO-FOUNDER NR Narayana Murthy on Sunday said leadership makes one feel completely lonely at the top and he has gone through it.

Two-wheeler volumes of 3 firms jump 20% in March

Hero MotoCorp sees 21% increase, TVS Motor 22%

M&M aims 17.5% Ebit margin for farm equipment segment

Company to gain ₹25 bn cash in 2024-25 from EV arms stake sale