IDBI Financial institution, Suzlon Power and Tata Motors: Three shares that outperformed within the week ended July 26

The week passed by noticed Nifty and Sensex clock weekly positive factors of round 1.2 per cent and 0.9 per cent respectively. Whereas Nifty touched an all-time excessive of 24,861 and closed at 24,834.8, Sensex closed at 81,332.7 factors marginally decrease than its all-time excessive of 81,587.8. The Dalal Road was in inexperienced for many … Read more

 Optimistic monsoon forecasts, and pent-up demand augur effectively for the auto sector: SIAM president

Whereas business automobiles have remained secure, there’s a shift in the direction of higher-tonnage vehicles because of elevated demand for transportation, says Vinod Aggarwal, President, Society of Indian Car Producers, in dialog with businessline’s Ronendra Singh.  The auto business has witnessed a exceptional efficiency in fiscal yr 2024, with passenger automobile gross sales reaching 4.2 million models … Read more

Finmin units timeline to scrap automobiles below new pointers; to profit auto cos like Maruti Suzuki, Tata Motors

The Finance Ministry has fastened a timeline for scrapping varied forms of automobiles and inserting recent orders. This is part of new pointers to jot down off losses below revised Delegation of Monetary Energy Guidelines (DOFR). These guidelines have set the edge for writing off losses in case of theft, fraud, and so forth. Additionally … Read more