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  • Swift completes 15 years with sale of over 22 lakh units: Maruti Suzuki Jun 16, 2020 12:11 PM IST

    Swift completes 15 years with sale of over 22 lakh units: Maruti Suzuki

    Launched in 2005, Swift heralded the start of the premium hatchback segment in India and has created a glorious legacy, MSI said in a statement.

  • Politics | INSTEX is an ineffective grouping which will silently wrap up Dec 05, 2019 03:31 PM IST

    Politics | INSTEX is an ineffective grouping which will silently wrap up

    The INSTEX cannot solve Iran's own economic inefficiency, it cannot facilitate any meaningful commercial exchanges and it cannot resolve Iran's acute liquidity crisis.

  • SWIFT may run trials for instant cross-border payments in India Aug 14, 2019 02:51 PM IST

    SWIFT may run trials for instant cross-border payments in India

    The results or trials conducted in Singapore showed payments between all countries settled within 25 seconds. SWIFT plans to go live with the ‘gpi instant’ service globally by December-end

  • Podcast | Digging Deeper: Nirav Modi is caught, but has banking sector caught up with SWIFT? Mar 22, 2019 12:29 PM IST

    Podcast | Digging Deeper: Nirav Modi is caught, but has banking sector caught up with SWIFT?

    What is SWIFT? How has the Modi scam brought about changes in the banking sector?

  • 11 Indian banks to go live on SWIFT gpi for cross-border payments Mar 07, 2019 08:19 PM IST

    11 Indian banks to go live on SWIFT gpi for cross-border payments

    SBI is in the process of availing internal approvals and will also join the network this year.

  • Here's all you need to know about SWIFT Mar 07, 2019 07:43 PM IST

    Here's all you need to know about SWIFT

    SWIFT is a Belgium-based secure financial messaging service which is used by over 11,000 banking and securities organisations.

  • Opinion | CVC analysis shows lending habits to blame for most bank frauds Oct 19, 2018 02:56 PM IST

    Opinion | CVC analysis shows lending habits to blame for most bank frauds

    The CVC analysis shows the lacunae in the credit appraisal and monitoring process.

  • Banks must comply with 16 SWIFT security principles by December to avoid RBI action Jul 07, 2018 02:06 PM IST

    Banks must comply with 16 SWIFT security principles by December to avoid RBI action

    SWIFT was in limelight after it was used to conduct fraud worth Rs 11,000 crore (now risen to Rs 14,000 crore) at Punjab National Bank (PNB) unearthed on February 14 this year

  • Global payments message service SWIFT expands tracker facility Mar 24, 2018 11:44 AM IST

    Global payments message service SWIFT expands tracker facility

    SWIFT said GPI accounts for 10 percent of cross border payment traffic and is enabling more than a hundred billion dollars to be transferred across the world rapidly and securely every day

  • Global payments message service SWIFT expands tracker facility Mar 23, 2018 07:10 PM IST

    Global payments message service SWIFT expands tracker facility

    Extension of its GPI Tracker will cover all payment instructions sent across the network, SWIFT said in a statement.

  • PNB adopts strict SWIFT controls after mega fraud case Feb 22, 2018 09:00 AM IST

    PNB adopts strict SWIFT controls after mega fraud case

    India's second biggest state lender this month revealed the country's biggest loan fraud, which it alleges was committed by two junior officials at a Mumbai branch, who issued unauthorised "letters of undertaking" (LOU) via SWIFT, for firms linked to a billionaire jeweller Nirav Modi and his uncle Mehul Choksi.

  • Maruti Suzuki Baleno records highest sales in July 2017, 2nd most selling car in India Aug 07, 2017 10:32 AM IST

    Maruti Suzuki Baleno records highest sales in July 2017, 2nd most selling car in India

    Maruti Suzuki Baleno, which was earlier sitting at the 5th spot, has gained 3 spots to become the runner-up in the top 10 selling cars of July 2017 with 19,153 units sold, this is also the highest ever sales of Baleno in a single month.

  • March auto sales report: The winners and laggards Apr 07, 2017 10:03 AM IST

    March auto sales report: The winners and laggards

    The country’s largest car maker Maruti Suzuki grew by 7 percent while Hyundai grew by 9 per cent and Tata Motors grew by a scorching 84 percent during last month.

  • Maruti's 8 models drive into top 10 best-selling PVs in Jan Feb 27, 2017 10:38 AM IST

    Maruti's 8 models drive into top 10 best-selling PVs in Jan

    The company, which had 6 models on the top 10 selling passenger vehicles (PVs) list in January 2016, is driving towards 50 percent market share in the segment.

  • Maruti Suzuki Oct sales fall 0.3%, exports drop 24%; UV up 91% Nov 01, 2016 10:31 AM IST

    Maruti Suzuki Oct sales fall 0.3%, exports drop 24%; UV up 91%

    Maruti Suzuki disappointed analysts with its October sales as it sold 1.33 lakh units during the month, down 0.3 percent compared with 1.34 lakh units sold in year-ago period. It was worst on month-on-month basis as sales fell 10.3 percent.

  • SWIFT says bank hacks intensifying Sep 26, 2016 06:46 PM IST

    SWIFT says bank hacks intensifying

    SWIFT, the system banks use to send payment instructions worth trillions of dollars each day, was hacked at least three times over the summer and cyber attacks on banks are set to intensify, the cooperative said on Monday.

  • Maruti launches Swift variant priced upto Rs 6.86 lakh Aug 30, 2016 08:22 PM IST

    Maruti launches Swift variant priced upto Rs 6.86 lakh

    The new variant -- Swift Deca, comes with touch screen multimedia system with bluetooth, exterior styling kit, sporty body graphics, football themed seat covers and interior styling kit.

  • ICICI, Axis banks join Swift's global payments initiative Jul 25, 2016 02:58 PM IST

    ICICI, Axis banks join Swift's global payments initiative

    The initiative aims to enhance cross-border payments by leveraging Swift's messaging platform and global reach and in the first phase, the initiative will focus on business-to-business payments.

  • Maruti Suzuki disappoints; June sales skid 14%, exports fall 45% Jul 01, 2016 10:26 AM IST

    Maruti Suzuki disappoints; June sales skid 14%, exports fall 45%

    "The growth in quarterly sales is despite the disruption in production during June 2016, due to the unfortunate incident of fire at Subros, a key vendor of the company," says Maruti in its filing.

  • SWIFT CEO fights to restore faith in bank messaging system Jun 03, 2016 07:47 AM IST

    SWIFT CEO fights to restore faith in bank messaging system

    Gottfried Leibbrandt told Reuters he would be forced to scale back some of SWIFT‘s operations to help pay for new security initiatives it plans. But he denied the Belgium-based co-operative should have taken these measures sooner.

  • Maruti Suzuki sales jump 13% in April May 02, 2016 11:32 AM IST

    Maruti Suzuki sales jump 13% in April

    The company's domestic sales increased by 16.2 percent during the month to 1,17,045 units as against 1,00,709 units in April 2015.

  • Six Maruti Suzuki s make it to top-10 list in 2015-16 Apr 17, 2016 06:03 PM IST

    Six Maruti Suzuki s make it to top-10 list in 2015-16

    Country's largest carmaker Maruti Suzuki India tightened its grip in terms of best selling cars with six of its models featuring in the the top-10 list for the just concluded fiscal.

  • Maruti sales rise 16% in March at 1,29,345 units Apr 01, 2016 12:56 PM IST

    Maruti sales rise 16% in March at 1,29,345 units

    The company said sales of the compact segment comprising Swift, Estilo, Ritz, Dzire and Baleno increased 20.9 percent to 46,786 units in March this year as against 38,710 units in the same month last year.

  • Budget cars lose favour as buyers prefer premium hatch, sedans Mar 17, 2016 10:08 PM IST

    Budget cars lose favour as buyers prefer premium hatch, sedans

    Till now in FY16, this segment, led by Maruti Swift, clocked a growth of over 12 percent, increasing its share in the overall passenger car segment to 37.5 percent from 36.5 percent the previous year.

  • Feb sales: Maruti falls 0.9%; Tata Motors up 6%, Hero grow 13.6% Mar 01, 2016 02:13 PM IST

    Feb sales: Maruti falls 0.9%; Tata Motors up 6%, Hero grow 13.6%

    Eicher Motors maintained its strong sales growth. It has registered a 63 percent year-on-year growth in Royal Enfield sales at 49,156 units, majorly led by models with engine capacity upto 350cc.

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