Consumers are looking forward to creating purchases during the upcoming festival season with a majority of them likely to buy online or through local stores who offer home delivery, consistent with a survey conducted by LocalCircles. Of the households surveyed for this report, 60 percent said they’re going to spend during the festive season this […]
Bajaj Housing Finance cuts home loan rate to 6.7%
A host of banks and non-banking finance companies (NBFCs) including SBI and HDFC have recently announced cuts in home equity credit rates as a part of festive offers. Bajaj Housing Finance (BHFL) on October 1 announced a cut in its home equity credit rate of interest to six .70 percent once a year from 6.75 […]
AERA allows GMR to extend user development fee at Hyderabad airport
As per the orders of the regulator, GMR was allowed to extend UDF from the prevailing Rs 281 to Rs 480 and Rs 393 to Rs 700 for domestic and international passengers respectively from April 1, 2022. The Airports Economic regulatory agency has allowed GMR Hyderabad International Airport that manages Rajiv Gandhi International Airport here […]
India’s manufacturing PMI recovers slightly in September whilst pace of growth remains muted
India’s manufacturing activity recovered slightly in September, from a slowdown in growth within the previous month of August as strengthening demand conditions amid the easing of COVID-19 restrictions boosted sales. According to the monthly IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) survey released on October 1, manufacturing PMI stood at 53.7 in September, up […]
Zee says won’t hold EGM as demanded by shareholder Invesco
Zee board rejects demand from Invesco to convene extraordinary general meeting, citing “multiples legal infirmities”. The board of Zee Entertainment Enterprises Ltd won’t hold a unprecedented general meeting (EGM) as demanded by shareholder Invesco Developing Market Funds, the corporate said during a regulatory filing on October 1. The statement was issued each day after the […]