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IEX continues to reinforce its market leadership with an 83-84 percent share in electricity trading, benefiting from India's increasing power demand and regulatory support. The company is expanding into new trading platforms, including the Indian Gas Exchange (IGX), international carbon exchange, and coal exchange, further strengthening its moat. The anticipated 25% volume growth in FY25, coupled with supportive regulatory environment and a robust balance sheet, IEX offers good growth visibility. Despite regulatory risks, IEX's diversification into newer markets ensures continued competitiveness and earnings visibility.
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The Kwid will take on established players like Maruti Suzuki and Hyundai in the segment. While Maruti Alto800 is priced between Rs 2.52 lakh and Rs 3.72 lakh, Hyundai Eon is priced between Rs 3.10 lakh and Rs 4.27 lakh (ex-showroom Delhi).
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Activa sold a total of 2.17 lakh units in August and cumulatively sold more than 1.7 lakh units more in the five-months period.
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In his new role, Pawah will manage Harley-Davidson India's leadership team responsible for in-country sales, dealer network management, marketing, service and operations activities to expand the company's presence in the country, Harley-Davidson said in a statement.
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BlackBerry's fiscal first quarter results in June benefited from this strategy of monetizing its intellectual property, with software and licensing revenue rising more than 150 percent to USD 137 million.
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Refering to the latest report by the Telecom Regulatory Authority of India (TRAI), the company in a statement said it "continues to be the market leader with a subscriber base of 1,02,606 as of March 2015".
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On a yearly basis, IDC expects 2015 to post a higher single-digit growth over 2014 as the commercial segment drives growth, especially through government and education projects. Consumer market outlook appears to be stagnant, IDC said.
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SBI Chairwoman Arundhati Bhattacharya has been demanding that the bank should be able to recruit directly from the university campuses. Jaitley also said that SBI's reach among various social segments is very large, and it is unquestionably the market leader.
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Nigeria is the largest two-wheeler market in Africa with annual volumes of 1.5 million units, while Argentina and Mexico each generate over half a million units per annum.
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Vodacom will have sole control over Neotel, while the latter will operate as a wholly-owned subsidiary of Vodacom. But the antitrust authority also set some stringent conditions for the deal worth R7 billion (USD 575.95 million).
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Set up in 2013, Propstack is a commercial real estate information business and conducts research to help clients analyse, interpret and gain insight into commercial property availabilities, lease and sale transaction comparables and market conditions.
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The BMW 6 Series Gran Coupe would be available across the country as a completely built-up (CBU) unit from today onwards. BMW plans to launch 15 models during this year, with four brand new models that would be imported from our global centres and the rest will be re-launches.
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The new rate will come into effect from May 4. "The Bank has decided to reduce its Base Rate by 25 basis points to 9.95 percent (from existing 10.20 percent ) w.e.f. May 4, 2015," the Bank of India said in a BSE filing.
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Idea Cellular Ltd, India's third-biggest mobile operator after Vodafone India and market leader Bharti Airtel Ltd together spent about USD 9.5 billion in the recently concluded government auction for airwaves, betting on the country's significant mobile data potential.
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The number of air travellers who flew in September was 58.22 lakh, an increase of close to 28 percent over the 45.55 lakh passengers during the same period last year, latest figures issued by the Directorate General of Civil Aviation (DGCA) showed.
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Domestic carriers flew 45.75 lakh passenger in the month of February this year registering an increase of 18.45% over last year during the same period, with Jet Airways and JetLite combine emerging as the market leader.
