Indian companies raised USD 1.82 billion from overseas markets through external commercial borrowings and rupee-denominated bonds in January this year.
The Indian telecom industry added 5.15 million mobile subscribers in January this year, which was lower than the 8.18 million subscribers added in December.
Equity mutual funds saw an inflow of close to Rs 4,900 crore in January, taking the total fund infusion to about Rs 55,700 crore by 'optimistic' investors in the first 10 months of 2016-17 fiscal.
VE Commercial Vehicles today reported 19.8 percent rise in total sales in January at 4,515 units as compared to 3,768 units in the same period last year.
Demonetisation notwithstanding car market leader Maruti Suzuki started the year on a robust note with sales growing 27.1 percent in January
Amazon.in will create well over 7,500 temporary jobs for its upcoming sale, and these positions will mostly be in logistics to ensure smooth deliveries.
In a first, Trai will begin in January discussions with telcos and broadcasting companies to draw up and publish an 'agenda' of important issues for 2017-18 -- a move Chairman RS Sharma says will improve "regulatory predictablity" in the sector.
Ashutosh Khajuria, ED at Federal Bank and Anubhuti Sahay, Head of South Asia Economic Research (India) at Standard Chartered Bank believe there is scope for rate cut by the RBI in its February policy.
Gujarat Connecting India to the World will be the theme of Vibrant Gujarat Global Investors' Summit, to be held in January, 2017, a top government official said today.
S Ravikumar, President-Business Development of Bajaj Auto says forex availability in overseas markets caused weakness. However, he is confident of a rebound on back of strong export market.
Banks and capital goods indices fell most losing 1-2 percent from previous close. FMCG index led by HUL gained most today.
The decision benefiting 48 lakh government employees and 55 lakh pensioners would lead to an outgo of Rs 7,889.34 crore in the current fiscal.
Earlier data showed FDI in China rose just 1.7 percent in 2014, the slackest pace since 2012 and underscoring a cooling economy which is spurring more Chinese firms to plough money into assets overseas in a trend that is soon set to overtake inbound investment.
Exports and imports have also declined for the month. While exports came down by 11.2 percent year-on-year and imports fell by 11.4 percent on a similar basis.
Inflation for January, as measured by a new methodology, has inched up to 5.11 percent year-on-year, compared to 4.28 percent in December. The index of industrial production (IIP) for December stood at 1.7 percent, compared to 3.9 percent in November.
In an interview with CNBC-TV18, Vikram S Kirloskar, President of Society of Indian Automobile Manufacturers (SIAM), discussed January auto sales, and said that while passenger sales were decent though two-wheeler sales were not as good as expected.
The HSBC/Markit Services Purchasing Managers' Index(PMI) slowed to 51.8 last month - the weakest since July 2014 - from December's 53.4, but remained above the 50-point level that separates growth from contraction in activity on a monthly basis.
The slack performance, including a 15th month of shrinking factory employment, will add to the debate over how and whether Beijing will accelerate policy easing, with most bank economists calling for a combination of rate cuts and increased liquidity to spur productive investment.
The final HSBC Purchasing Managers' Index (PMI) fell 49.7, a touch below its 49.8 flash reading, and after dipping to 49.6 in December. A reading below 50 indicates contraction.
Market analysts attributed the huge inflow to low inflation levels and rate cut by RBI. The central bank on January 14 surprised market participants with a 25 basis point rate cut.
The companies are likely to take a call on the VoIP services by January and if they decide to hike prices, it is unlikely to be as steep as the hike seen in Bharti Airtel‘s case.
The index of industrial production for December 2013 came in at a negative 0.6 percent, better than the -1.3 percent (revised) figure recorded in November while consumer price inflation stood for January at 8.79 percent, a two-year low, versus 9.87 percent in the previous month.
Motorcycle sales last month grew 4.04 per cent to 9,22,323 units from 8,86,521 units in January a year ago, according to data released by the Society of Indian Automobile Manufacturers (SIAM).
The HSBC/Markit Services Purchasing Managers' Index (PMI) retreated to 50.7 in January, a low last seen in August 2011 though still above the 50-point level that demarcates growth and contraction. December's PMI was 50.9.
Rajiv Bajaj, managing director, Bajaj Auto says the company is on course to regain its lost market share in the domestic segment.