Auto Sector

NBFCs have evolved unique strategies to scale up new segments that leverage their existing strengths - physical distribution network, customer segment, geographical knowledge.

The Valiant Laboratories IPO witnessed robust demand from investors, with a subscription rate of 29.76 times.

Tata Motors employs around 25,000 people on the shop floor across its seven sites.

RBI's rate-setting committee keeps the key lending rate unchanged at 6.50%

The BSE midcap index ended the session with marginal fluctuations, closing on a relatively flat note. In contrast, the smallcap index demonstrated resilience, adding 0.6%.

For well-known companies like Pizza Hut, KFC, Costa Coffee, and Vaango, Devyani International specializes in the construction, management, and operation of quick-service restaurants and food courts.

Investors with very high risk appetite and want to invest for 5 to 7 years to diversify across market cap should invest in Edelweiss Multi Cap Fund.

According to Maruti Suzuki India in a regulatory filing, the show cause notice, dated September 29, 2023, relates to the reconciliation of tax returns submitted by the firm and covers the time period from July 2017 to March 2018.

According to the article, in the first phase, SAIC will control 51% of MG Motor India, Jindal will own 32 to 35% of the company, employees and dealers will own 6%, and an unnamed local financial institution will own 6-7%.

Punjab National Bank reported a year-over-year gain in current account savings account (CASA) deposits, with a growth rate of 2.6%, in its business update for the second quarter of 2023.