TNM

Long and Painful Road to Recovery for Automobile Sector: Bosch MD Soumitra Bhattacharya

Long and Painful Road to Recovery for Automobile Sector: Bosch MD Soumitra Bhattacharya

Bosch India Managing Director Soumitra Bhattacharya feels that Indian automobile sector will need around 3-4 years to recover from the economic slowdown which Indian economy was facing before COVID

Hertz Global Files for Bankruptcy as Car Rentals Business Collapses

Hertz Global Files for Bankruptcy as Car Rentals Business Collapses

Car rentals major Hertz Global has filed for bankruptcy as the company failed to reach a deal with creditors in order to survive coronavirus pandemic led lockdowns.

RBI Reduces Repo-rate by 40 bps for Credit Growth

RBI Reduces Repo-rate by 40 bps for Credit Growth

The Reserve Bank of India has reduced the repo rate from 4.4 percent to 4.0 percent in its latest policy meeting.

Prakash Gaba: BUY Pidilite Industries, Sun Pharma; SELL SBI and PFC

Prakash Gaba: BUY Pidilite Industries, Sun Pharma; SELL SBI and PFC

Market analyst Prakash Gaba has suggested two BUY calls and two SELL calls for traders today.

Banking Sector: Credit Drops while Deposits Rise

Banking Sector: Credit Drops while Deposits Rise

Indian government and RBI have been announcing various measures to improve lending to small and medium businesses.

Amazon threatens Zomato and Swiggy with its Food Delivery Service in India

Amazon threatens Zomato and Swiggy with its Food Delivery Service in India

Zomato and Swiggy have been facing tough time to improve their margins and make money in highly competitive food delivery space.

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