• Sat, Aug 17, 2019
  • Gold near record high on recession warnings Gold near record high on recession warnings
    Published On: Aug, 17, 201904:36 AM

    Gold prices surged to near-record high levels yet again on Friday as renewed fears of a possible recession led investors to run for safe haven assets like gold.

  • Auto slowdown triggers partial shutdown of units Auto slowdown triggers partial shutdown of units
    Published On: Aug, 17, 201904:16 AM

    Auto majors such as Sundaram-Clayton Ltd (SCL) and Hero MotoCorp have decided to shut down their manufacturing operations on specific days citing business slowdown across sectors.

  • Demand decline ‘overblown’, online sales up: Centrum Demand decline ‘overblown’, online sales up: Centrum
    Published On: Aug, 17, 201903:48 AM

    As concerns on subdued consumption demand and a likely slowdown in the economy grips India Inc and the government, a report by brokerage firm Centrum says the narrative of demand slowdown is...

  • Canada awards multi-billion contract to General Dynamics as election looms Canada awards multi-billion contract to General Dynamics as election looms
    Published On: Aug, 17, 201902:07 AM

    Sajjan spokesman Todd Lane denied any link to the election, saying money for the vehicles had been announced in 2017.

  • BMW’s CEO message to staff: Narrow sales gap with Mercedes BMW’s CEO message to staff: Narrow sales gap with Mercedes
    Published On: Aug, 17, 201901:34 AM

    BMW’s new chief executive urged employees to embrace change and to find innovative ways to help the Bavarian carmaker overtake rival Mercedes at a time when demand for luxury cars is waning.

  • Eateries slug it out over discounts Eateries slug it out over discounts
    Published On: Aug, 17, 201901:31 AM

    With hundreds of restaurants under the umbrella of the National Restaurant Association of India (NRAI) coming out in the open to challenge the deep discounting practices of online food aggregators...

  • Developers may face liquidity crisis on NBFC woes: Fitch Developers may face liquidity crisis on NBFC woes: Fitch
    Published On: Aug, 17, 201901:30 AM

    With non-bank financial companies (NBFCs) and housing finance companies becoming risk averse towards lending to real-estate sector, developers are likely to face liquidity crisis, says a report.

  • Food start-up upbeat about growth Food start-up upbeat about growth
    Published On: Aug, 17, 201901:19 AM

    Mangamma Foods Private Ltd (MFPL), a Hyderabad-based startup in the ready-to-cook segment, is aiming at rapid growth by the end of the current fiscal with a target of one lakh units per day.

  • Complexities of issues delay Q1 results: Jet Complexities of issues delay Q1 results: Jet
    Published On: Aug, 17, 201901:14 AM

    With the “complexities of issues” being faced by Jet Airways, financial results for the June quarter are yet to be finalised and the process is taking time, according to a communication.

  • A bittersweet dawn for India’s housing sector A bittersweet dawn for India’s housing sector
    Published On: Aug, 17, 201901:10 AM

    As India embarks on another year of independence, the country’s real estate sector has a lot to be grateful for, a lot to hope for - and still a lot to worry about.