Royal Enfield working on new EV platform, may venture out of segment

The wait for an electric motorcycle from Royal Enfield may be about to come to a close soon, but the company is considering venturing out of its traditional segment. The iconic motorcycle maker is working on an all-new electric vehicle platform and could look beyond its traditional mid-sized segment when it launches its first electric […]

As India bans computer imports, Dixon Tech smells multi-billion opportunity

Homegrown electronics manufacturing services company Dixon Technologies is betting big on domestic IT hardware production under the government’s production-linked incentive (PLI) scheme. With approvals in place, Dixon is poised to manufacture laptops, tablets, all-in-one PCs and servers in India. Dixon started operations in 1993, commencing with the assembly of colour televisions. Over the years, the […]

Even As China Stumbles, Indian Economy Shows No Signs Of A Slow Down

India’s manufacturing and services sector activity continued to expand at a robust pace in August 2022, as per the latest Purchasing Managers’ Index (PMI) data. The manufacturing PMI rose to 58.6 in August from 57.7 in July, while the services PMI moderated slightly to 60.1 from 62.3 in the previous month. Nevertheless, the strong PMI […]

Indian equities can go higher, but money may shift to large-caps: Axis Securities

Even as worries of high valuation and rising interest rates in the US give pause to some investors, Axis Securities has reiterated its positive outlook on Indian equity markets in its latest report for September 2023. The broking arm of Axis Bank highlights that the structural trend for the market remains positive, however, it expects […]

Market Outlook: Nifty 50 seen facing resistance at 18,000-18,200

An analysis of the futures & options trends indicate that NSE Nifty 50 index is expected to face resistance at around 18,000-18,200 points this week, and will find support between 17500-17300. With uncertainties around Fed, Budget and global economy persisting, traders appear wary of taking large bets. This implies rangebound action will likely continue into […]

Mid-Year Review: Top 10 stocks to watch out for in second half of 2023

While 2023 has been a wild ride for stock investors in India so far, market volatility doesn’t mean that there aren’t enough front-line stocks with interesting tales of their own this year. There are several stocks that could outperform on the back of strong fundamentals and growth drivers, from sectors ranging from lending, IT services, […]

The secret Punch behind Tata Motors’ auto sales out-performance

Auto sales in the final three months of 2021 will be remembered for the solid out-performance of Tata Motors during the period, boosted by one key model — the affordable, mini SUV Punch. The strong numbers racked up by the entry-level UV have helped Tata Motors overtake Mahindra & Mahindra in the compact utility vehicle […]

BSNL starts distributing live TV via IPTV in Kerala

The Kerala circle has become the first in India to support BSNL’s commercial IPTV services, and both direct and indirect customers of BSNL can avail of the service. IPTV refers to the distribution of television content via IP or internet protocol, instead of traditional broadcasting protocols like DVB. BSNL had been testing IPTV for several […]

Padmaja Venugopal on election setback, Silverline project and Congress leadership

Padmaja Venugopal, daughter of legendary Congress leader K Karunakaran who was the chief minister of Kerala for several years is no new name in Kerala politics. She has been very active in KPCC over the past few decades and is known for taking strong stands on issues within and outside the party. In the recently […]

Happy with work-from-home, no plans to go back to office- HGS

Hinduja Global Solutions, one of India’s largest BPO providers with nearly 47,000 employees, said it was quite happy with how things are going under the ‘work from home’ mode, and has no immediate plans to shift employees back to the office. The comments come even as IT firms like TCS have asked employees to be […]

Havells sees shift to organized players as input prices rise

Havells India, one of the country’s largest electrical equipment makers, said it expects organized players such as itself to benefit as raw material price increases put pressure on unorganized players. The company, a prominent player in the switchgear, wire and lighting segments in India, also said that demand for electrical goods in India is on […]

Streaming revenue push Saregama profits to record levels

Saregama, India’s largest record label and an emerging force in the digital video space, looks all set to breach its pre-COVID revenue and profit numbers in the current financial year due to rising demand for streaming music. The company’s operating revenue had set a record in the year 2018-19 at Rs 544.7 cr, but declined […]

Kerala CPIM warns of Islamist, Christian extremism on campuses

Abandoning its long-held restraint when it comes to commenting on extremists originating from minority communities, the Kerala unit of CPIM has included warnings about ‘attempts to spread extremism’ among students belonging to Muslim and Christian communities in Kerala. The warning, contained in this year’s guidebook for student leaders, was in addition to the traditional instruction […]

Broadcasting sector declines as broadband gains ground in India

The latest industry numbers for the broadband and broadcasting industries seem to confirm what many industry watchers have been warning for years — the rising penetration of affordable and high-speed wired internet will displace cable and DTH services in India. While this has always been seen as a theoretical possibility or hypothesis, new data from […]

Hinduja’s NXTDigital signs up 3 MSOs for infra-sharing

NXTDigital, the television channel aggregator, said it has signed on three MSOs in the India for its infrastructure sharing scheme, and expects the government to start approving these deals as early as this month. “There are three partner clients,” said CEO Vynsley Fernandes, speaking to investors, promising to disclose the names once the ministry permissions […]