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New record: Nifty hits 8,000, seen at 10,000 by next budget

Sep 01, 2014 at 10:50 | Source: FirstPost

Indian equity markets continued to gallop ahead with the Nifty hitting 8,000 mark on hopes of acche din after April-June GDP data showed a break from the sub-5 percent growth to hit a nine-quarter high. The Sensex hit also seemed to be inching closer...

Too early to dismiss the Indian Super League as just another tamasha

Aug 28, 2014 at 20:59 | Source: FirstPost

"So? What do you think?" was the most common question journalist fired to journalist as they gathered for tea and snacks after the official launch of the Indian Super League at the Trident in Mumbai.There was a common answer too: "Tama...

PM Narendra Modi's 100 days: Resolve will be NDA government's biggest challenge

Aug 28, 2014 at 12:46 | Source: Economic Times

By Pawan Munjal Barely a 100 days have passed since the new leadership took charge and it is already time for a performance appraisal. It is almost like what we in industry go through each quarter when all stakeholders evaluate our performance! In th...

Sensex, Nifty hit new closing highs on Eurozone stimulus hopes, US data

Aug 27, 2014 at 16:44 | Source: FirstPost

Mumbai: Indian stocks rose for the fifth day with benchmark Sensex today vaulting 117.34 points to a new closing peak for the third session in a row on hopes of fresh stimulus in Eurozone and positive Asian cues after investors welcomed data indicati...

Pawan Munjal: The man behind Hero Motocorp's growth after parting ways with Honda

Aug 26, 2014 at 08:52 | Source: Economic Times

At a seminar in the Capital recently, Pawan Munjal was moderating a panel discussion on young achievers, with the participants being actors Ranbir Kapoor and Sonakshi Sinha, and tennis player Sania Mirza. During the discussion, Munjal asked them, if ...

Car, bike sales jump in July; SIAM predicts a turnaround this year

Aug 08, 2014 at 15:08 | Source: FirstPost

New Delhi: Signalling revival in demand,domestic car sales grew for the third month in succession inJuly with a rise of 5.04 per cent, prompting industry bodySIAM to hope for 5-10 per cent increase this fiscal.According to the data released by Societ...

Hero creates new post for Pawan Munjal

Aug 06, 2014 at 06:12 | Source: Calcutta Telegraph News

New Delhi, Aug. 5: Hero MotoCorp has elevated Pawan Munjal as the vice-chairman of the country’s largest two-wheeler maker. The board of directors at its meeting today approved the elevation of Munjal to the newly created position of vice- cha...

Honda to set up world s largest scooter plant in Gujarat

Aug 04, 2014 at 07:42 | Source: Economic Times

NEW DELHI: Honda Motors, which is swearing by scooters in India, is setting up the world's largest scooter plant in Gujarat to roll out 12 lakh units annually and achieve leadership position in the Indian two-wheeler market, especially with a growing...

RBI policy, Q1 earnings and global cues to drive stock markets

Aug 03, 2014 at 12:27 | Source: Economic Times

NEW DELHI: The RBI's monetary policy review on Tuesday and a bunch of earnings from blue-chips including SBI, Mahindra & Mahindra and Hero MotoCorp, will dictate the near-term trend on bourses, market experts said. Besides, trend in investment by ove...

Indian Super League to hold domestic player draft on July 22-23

Jul 18, 2014 at 19:54 | Source: FirstPost

Mumbai: The first player draft to pick domestic footballers by the eight Indian Super League (ISL) franchise teams is to be held here next week."The draft, to be done on the lines of Major League Soccer of US, to pick the Indian players would be...

Positive vibes about results

Jul 14, 2014 at 05:37 | Source: Calcutta Telegraph News

Mumbai, July 13: Companies are expected to report higher profits and improved margins in the first quarter, signalling that they may be on the road to recovery. A sign of the things to come was evident last week in the form of Infosys’s better...

Budget 2014 Live: Correction or no correction in market post budget, this is time to buy equities

Jul 10, 2014 at 10:39 | Source: FirstPost

10:38 am Correction or no correction, this is time to buy equitiesRamdeo Agarwal of Motilal Oswal is of the opinion that the market is likely to have a shallow correction if the Union Budget is in line with the Railway Budget. He, however, said that ...

Markets Live: India Inc expects Modi sarkaar to scrap retrospective law in Budget

Jul 10, 2014 at 08:33 | Source: FirstPost

8:30 am The Economic Survey, unveiled on Wednesday, called for tough measures to shore up public finances and reduce inflation, reinforcing hopes that Prime Minister Narendra Modi and Finance Minister Arun Jaitley will deliver a non-populist, prudent...

Hero plant in Colombia

Jul 09, 2014 at 00:02 | Source: Calcutta Telegraph News

New Delhi, July 7: Hero MotoCorp is setting up a manufacturing facility in Colombia as it seeks to expand to 50 countries by 2020. The company, which has formed a wholly owned subsidiary in the country, plans to cater to the South American market th...

June bike sales on fast track

Jul 03, 2014 at 03:57 | Source: Calcutta Telegraph News

New Delhi, July 2: The domestic two-wheeler market continued to grow in June. Hero MotoCorp, the country’s largest two-wheeler manufacturer, today reported a 7.82 per cent rise in sales at 5,41,594 units in June against 5,02,279 units in the s...

Hero MotoCorp June sales up 8 percent y/y

Jul 02, 2014 at 23:30 | Source: FirstPost

NEW DELHI (Reuters) - Hero MotoCorp (HROM.NS), India's largest maker of motorcycles and scooters, said on Tuesday its June sales rose 8 percent from a year earlier to 541,594 units.The company had sold 502,279 units in June 2013.Since its 2011 split ...

Hero MotoCorp Posts 8 Per Cent Rise in June Sales

Jul 02, 2014 at 18:00 | Source: NDTV Profit

New Delhi: Hero MotoCorp, India's largest maker of motorcycles and scooters, on Tuesday said its June sales rose 8 per cent from a year earlier to 541,594 units. The company had sold 502,279 units in June 2013. Since its 2011 split from Japan...

Pre-budget booster: Excise duty cut on automobiles, consumer durables capital goods extended

Jun 26, 2014 at 13:02 | Source: Economic Times

NEW DELHI | MUMBAI: The government brought some prebudget cheer to automobile, capital goods and consumer durables manufacturers on Wednesday. It extended excise duty cuts, otherwise set to expire June-end, by six months to December 31, which means ...

Sensex down 57 points on decline in oil, gas stocks

Jun 26, 2014 at 10:39 | Source: FirstPost

Mumbai: The benchmark BSE Sensex fell over 57 points in early trade on Thursday on decline in oil and gas stocks after the government postponed revision in natural gas prices by three months amid June expiry in the derivatives segment.The 30-share ba...

India Inc's IT spends look north; to touch $47 billion

Jun 25, 2014 at 06:37 | Source: Economic Times

BANGALORE: Hero MotoCorp's Chief Information Officer Vijay Sethi has an extremely busy year ahead. The company is spending a substantial portion of its IT budget on expanding its existing IT infrastructure along with increasing investments in social ...

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