Sensex tumbles over 200 points ahead of RBI policy; rate sensitives falter
Jun 02, 2015 at 10:32 | Source:
With the RBI scheduled to announce the monetary policy in less than an hour, stocks markets took a beating in early trade Tuesday as thebenchmark Sensex plungedmore than 200 points amid weakness in rate sensitive stocks.Also, fall in other key Asian ...
Hero MotoCorp May vehicle sales down 5.4 percent| Reuters
Jun 02, 2015 at 00:30 | Source:
NEW DELHI Hero MotoCorp Ltd, India's largest maker of motorcycles and scooters, said on Monday its sales for the month of May fell 5.4 percent from a year earlier. Hero sold 569,876 two-wheelers in May versus 602,481 vehicles in May 2014. ...
IoT adoption in India will advance at slow pace through 2020: Gartner
May 13, 2015 at 13:29 | Source:
Indian enterprises are at the early stages of understanding the impact of the Internet of Things (IoT) on their business, according to Gartner.While the concept of IoT is not completely foreign to Indian enterprises, adoption will advance at a slow p...
Car sales grow 18% in April, fastest in 30 months, says industry body
May 12, 2015 at 07:55 | Source:
New Delhi: Car sales in India rose by 18.14 per cent in April, the fastest rate of growth in 30 months, as the auto industry continued its journey on the road to recovery riding on improved consumer sentiments, new models and favourable fuel prices.A...
Honda challenges Hero's claim of 102.5kmpl for the Splendor iSmart
May 04, 2015 at 12:46 | Source:
Honda Motorcycle and Scooter India has challenged Hero MotoCorps claim that its Splendor iSmart delivers a 102.5kmpl.According to Honda, the Splendor iSmart uses an engine base that was designed by the Japanese manufacturer and is incapable of delive...
Dont get carried away by the IoT hype: Vijay Sethi, Hero MotoCorp CIO
May 04, 2015 at 11:02 | Source:
At a time when corporate IT is going gaga over the Internet of Things, a respected CIO of a large Indian firm feels that IoT is today nothing more than just hype. Vijay Sethi, CIO of Hero MotoCorp, feels that the IoT the most-discussed technology to...
Sensex, Nifty nosedive to over 3-week low on tax issue concerns
Apr 20, 2015 at 18:15 | Source:
Mumbai: Aggressive selling by foreign funds on tax concerns bogged down markets today as the benchmark BSE Sensex plunged by more than 555 points to over three-week low of 27,886.21, while sharp fall in heavyweights like RIL, Infosys and weak global ...
Sensex soars 517 points, logs biggest gain in over two months
Mar 30, 2015 at 18:22 | Source:
Mumbai: The benchmark BSE Sensex today surged by over 517 points -- its biggest one-day gain in nearly two-and-a-half months -- to end at 27,975.86 on across-the-board buying amid firm global cues.Brokers attributed the the steep rise to value buying...
Volatile Sensex closes 114 points down ahead of Fed meet outcome
Mar 18, 2015 at 18:57 | Source:
Mumbai: The benchmark Sensex today frittered away early gains and closed 114 points down at 28,622.12 as investors adopted a cautious stance ahead of Fed's monetary policy statement that could signal the timing of US rate hike.While the Fed is not ex...