Ghaziabad traders protest UPI MDR with ‘cash only’ notices
Traders in Ghaziabad have put up notices outside their shops stating 'UPI Payment Will Not Be Accepted' and 'Cash Only From October 15'. The move is a protest against the proposed merchant…
Business & Economy21- Page
Indian business, markets, economy, and finance news in brief: RBI, SEBI, corporate India, and the numbers that matter.
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India’s dairy sector must shift from volume to value, CEO argues
India's dairy industry faces a challenge of creating value beyond volume, according to an article by the CEO of Heritage Foods Limited, published by BusinessLine and TradingView. The organised sector collects only…
CAGR, XIRR, IRR: How mutual fund investors should calculate returns
Mutual fund returns are expressed using terms such as CAGR, XIRR and IRR, each suited for different investment types. Compounded Annual Growth Rate (CAGR) shows the average annual return over a specific…
Tata Sierra Legend Series launched from Rs 11.99 lakh
Tata Motors has launched the Sierra Legend Series in India, priced from Rs 11.99 lakh to Rs 19.49 lakh (ex-showroom). The range offers five trim levels: Smart+ L, Pure L, Pure L(O),…
NaBFID sanctions Rs 3,000 crore loans to four data centres
The National Bank for Financing Infrastructure and Development (NaBFID) has sanctioned loans of more than Rs 3,000 crore each to at least four data centres in India, the state-run infrastructure financier's managing…
ADIA-backed investor may sell 1.7% Lenskart stake in Rs 2,047 crore block deal
Platinum Jasmine A 2018 Trust, an investment vehicle backed by ADIA, is set to sell a 1.7% stake in Lenskart Solutions through a block deal worth Rs 2,047.4 crore. The shares have…
Apple Pay to launch in India next month with Axis Bank credit cards
Apple Pay will launch in India next month, initially supporting only Axis Bank credit card transactions, according to a Reuters report citing three unnamed sources. Apple is also in talks with HDFC…
Renault India resumes Sri Lanka exports with 100 cars
Renault India has resumed vehicle exports to Sri Lanka after a hiatus, dispatching an initial shipment of 100 units comprising the Kwid, Triber and Kiger from its Oragadam plant near Chennai. The…
Kia launches Carens CNG and Carens Clavis CNG at Rs 12.12 lakh
Kia India has launched factory-fitted CNG versions of the Carens and Carens Clavis, priced from Rs 12.12 lakh and Rs 12.39 lakh respectively, ex-showroom. The CNG variants command a premium of about…
Hyundai Bayon midsize SUV teased ahead of festive season debut
Hyundai has released new design teasers of the upcoming Bayon midsize SUV, expected to launch in India during the festive season. The teasers show split-type LED headlamps inspired by the Verna, wraparound…
