Foreign Inflows: Financial services get highest foreign inflows in first half of September

Foreign Inflows: Financial services get highest foreign inflows in first half of September

Mumbai: Overseas investors bought Indian equities worth ₹32,779 crore across 17 sectors in the first 15 days of September, according to data from NSDL. Financial services received the highest inflows as Foreign Portfolio Investors (FPIs) pumped ₹12,253 crore into the sector in the first-half of September, after selling a similar amount in August. Nifty Bank … Read more

Toyota Kirloskar Motor project will revolutionise automobile sector in Maharashtra: CM Shinde

Toyota Kirloskar Motor project will revolutionise automobile sector in Maharashtra: CM Shinde

Toyota Kirloskar Motor (TKM) Wednesday signed an agreement with the Maharashtra government to manufacture electric and hybrid cars, which Chief Minister Eknath Shinde said would revolutionise the automobile sector in the state. The MoU (Memorandum of Understanding) was signed at Sahyadri Guest House in Mumbai. The company has inked the MoU to examine the setting … Read more

Nano effect: Gujarat attracting big investments since its automobile sector took off in 2009

Nano effect: Gujarat attracting big investments since its automobile sector took off in 2009

Ahmedabad: Gujarat’s automobile sector took off in 2009 when Tata Motors set up its Nano manufacturing plant in Sanand, about 50 km from Ahmedabad, and the state has been attracting some big ticket investments from both domestic and international players since then. Now, with the global shift tending towards electric mobility, the Gujarat government seeks … Read more