Daihatsu Motor Co. will halt shipments and suspend operations through January, as the Toyota Motor Corp. subsidiary seeks to contain the fallout of an investigation thatrevealedmost of its vehicles weren’t properly tested for collision safety. The maker of popular kei cars promised to compensate all 423 of the companies it directly supplies, a Daihatsu spokesperson […]
Infosys’ disappointing Q4 numbers single-handedly caused the benchmark indices to fall sharply on Monday. The stock fell 9.4% on both the indices and contributed 80% and 88% to the fall in the Sensex and Nifty, respectively. The fall wiped out Rs 54,184 crore from its market valuation pushing it down to Rs 5.22 trillion. Down […]
Indian equity indices ended Thursday’s volatile session in green on weekly F&O expiry. The Nifty closed above 17890 and Sensex settled above 60800. The top gainers of the BSE Sensex were Bajaj Finserv (up 2.30%), Asian Paint (up 1.80%), Infosys (up 1.76%), Bajaj Finance (up 1.59%) and IndusInd Bank (up 1.51%) while Bharti Airtel (down […]