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The country's second largest passenger vehicle maker is looking to further consolidate its position in the fast-growing SUV segment with the introduction of Alcazar which comes with six and seven seat configurations.

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The 58-year-old tycoon has lost more money this week through Thursday than anyone else in the world, with his personal fortune tumbling by about $13.2 billion to $63.5 billion, according to the Bloomberg Billionaires Index.

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June 18, 2021 3:46:39 am

“Flipkart filed its petition on Wednesday, while Amazon filed it on Thursday. Both are separate appeals. The bench is likely to take up the matter on Friday,” a source aware of the matter said. Flipkart and Amazon didn’t comment.

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June 17, 2021 6:03:39 pm

Amid the coronavirus pandemic resulting in the shift from physical meetings to virtual ones, the Ministry of Corporate Affairs (MCA) has amended rules pertaining to 'meetings of board and its powers' under the Companies Act, 2013.

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Based on average fully-loaded employee costs of USD 25,000 per annum for 2021 kabaddi-based resources and USD 50,000 for US resources, this will release around USD 100 billion in annual salaries and associated expenses for corporates, the report says.

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"Due to increased claims and higher mortality related provisioning arising on account of the second wave, the company expects to incur a loss for the quarter ended June 2021 in the estimated range of Rs 225-275 crore on shareholder's account," Kotak Mahindra Life Insurance Company said in a regulatory filing.

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IKEA already has online presence in Hyderabad, Mumbai, Pune, Ahmedabad, Surat, and Vadodara.

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Satya Nadella, who took over as CEO in 2014 from Steve Ballmer, has been instrumental in scaling up its business including billion-dollar acquisitions like LinkedIn, Nuance Communications and ZeniMax.

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Founded in 2011 by Ritesh Arora and Nakul Aggarwal, the firm runs offices in Mumbai, New York, Dublin and San Francisco.

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The new Velar is available in the R-Dynamic S trim with 2-litre petrol and diesel powertrains.

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Revenue from operations was up 82.06 per cent to Rs 57.44 crore during the quarter under review as against Rs 31.55 crore in the corresponding quarter of the previous fiscal, Easy Trip Planners said in a BSE filing.

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The second generation BMW S 1000 R is being imported as a completely built-up unit (CBU) and can be booked at all BMW Motorrad 2021 kabaddi dealerships from Tuesday onwards, the group said in a statement.

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June 15, 2021 3:52:53 pm

For months, Ann Castillo, a polite, get-it-done physical therapist, had been alerting the company that her husband, who had been proud to work for the retail giant, was severely ill. The responses were disjointed and confusing. Emails and calls to Amazon’s automated systems often dead-ended.

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Following the report, the office of UK Chancellor of the Exchequer Rishi Sunak, who is son-in-law of Murthy, was forced to comment.

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The regulator has slapped a fine of Rs 3 crore on Franklin Templeton Trustee Services Pvt Ltd and Rs 2 crore each on Sapre and chief investment officer Santosh Kamat.

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The shares recovered partially after the group companies denied the news reports and informed stock exchanges that the demat accounts in which these foreign funds hold their shares were not frozen.

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June 11, 2021 3:39:15 pm

Gautam Adani’s net worth of $76.7 billion got a boost from a 330% jump in Adani Total Gas Ltd., a 235% rise in his conglomerate’s flagship Adani Enterprises Ltd. and a 263% increase in Adani Transmission Ltd. this year.

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According to an ED statement, it initiated FEMA investigation on the basis of the ongoing money-laundering investigation into Chinese-owned illegal online betting applications.

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Musk said the Model S Plaid has a range of roughly 400 miles per charge, a top speed of 200 miles per hour and can go from 0 to 60 mph in under 2 seconds. The cost: roughly $130,000, according to the company’s website.

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In an e-mail dated June 8 to investors, Franklin Templeton AMC President Sanjay Sapre said Sebi's order does not impact the current monetization process of the six debt schemes under winding up being undertaken by the liquidator.


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The model comes with various features like an new 28.95 cm curved glass HD touchscreen infotainment system, 3D surround camera, Meridian audio System among others.

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Tata Digital said e-pharmacy, e-diagnostics and tele-consultation are critical segments in this ecosystem and have been among the fastest growing segments in this space, as this sector enabled access to healthcare through the pandemic.

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Ford is trying to concentrate on making vehicles that stand out rather than the generic sedans and compacts that U.S. automakers made in the recent past and have largely discontinued.

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The complaint is part of the FIR registered by CBI on June 2. The agency on Wednesday conducted searches at 14 locations spread across Delhi-NCR, Lucknow, Secunderabad and Kolkata and claimed to have recovered “incriminating documents and digital evidence”.

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