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Latest Business News India all at a click away

Author: Mohit Chaudhary
by Mohit Chaudhary
Posted: Jul 02, 2018

Read all the trending news India related to business from all sectors.

Top 8 Latest Business News India.

Commercial Vehicle Industry has recorded a growth of 20% with the sale of 856000 vehicles in the last year. This growth is said to be resultant of the GST. As GST gave free flow to movement of goods. While earlier the tax excise + VAT on road was significantly much more than the 28% GST. While passenger vehicle sector showed a growth of 8% in the FY 2018.

Lowest number of Aadhar based verification were recorded in June till date. In the month of June Aadhar was used 859 million times for the purpose of authentication. The data are according to UIDAI. The downfall of 40% as compared to last September was due to the Supreme courts decision of extending the dates for aadhar linking works to March next year.

Discovery Communications the worlds largest factual entertainment network has decided to grow its reach in the Indian market. As discovery's top bosses see a market potential in India. Although it's channel Jeet has failed to perform but inspite that the company looks into the next several decades and try to hammering until it achieves a better place in the market.

Sahara India group has shown signs of getting out of financial distress by the next fiscal year. The company has released a blueprint of its expansion in another sector except for financial institutions business. The company was facing legal locks since many years and has result to the loss of trust in the market.

Aadhar virtual ID linking will be getting much enhanced and better as govt. Says it will upgrade all systems of banks and Govt. Authority Aadhar linkage by the end of August. This upgrade will provide users with Virtual Identity Numbers. as an alternate to Aadhar Numbers.

Car sales in June had risen up to 3O %. Five of the top six carmakers lodged a growth of 20% in excess. While the units were approximately 2.70 lakh units in June which was the highest in the passenger vehicle category.

The Indian Oil Corporation on Sunday increased the price of subsidised LPG cylinder. The corporation said it was due to the increase in the base price of gas on the international market. In an statement released by IOC, the price was raised by Rs 55.5 per cylinder. Although the consumers will be compensated with Rs 52.79 and will only have to pay the difference amount of Rs 2.71.

Vijay Mallya's luxury private jet was finally auctioned at a price of Rs 35 crore, the luxury private jet An airbus bearing initials VT VJM was sold to an American private jet airline management company. The Aircraft auction was made by Karnataka Govt and was part of the Mallya's property attached for default in loan repayment.

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Author: Mohit Chaudhary

Mohit Chaudhary

Member since: Jun 19, 2018
Published articles: 8

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