Automotive Industry

Latest Happenings

India Plans to Launch Two Space Missions Every Month

India Plans to Launch Two Space Missions Every Month

Bengaluru: A top official said on Sunday,“India is ready to launch two space missions every month, with 31 launches slated to take place over the coming 16 months”. "The space agency has a tight schedule ahead, as we are targeting nine launches over the next five months and 22 missions from February to December in 2019, aiming at two per month," the state-run Indian Space Research Organisation's (ISRO) Chairman K. Sivan...

Banks’ Gross Bad Loans May Rise to Over 12% In FY19: RBI’s Financial Stability Report

Banks’ Gross Bad Loans May Rise to Over 12% In FY19: RBI’s Financial Stability Report

According to the Financial Stability Report, the Reserve Bank of India said, “The gross non-performing asset ratio of scheduled commercial banks could rise up to 12.2 percent by March 2019 from 11.6 percent in March 2018, The estimate is based on a baseline scenario which assumes the continuation of the current economic situation. In the worst case scenario, the bad loan ratio could rise up to 13.3 percent by the...

Flipkart finally owns eBay.in and decides to set its own refurbish product re-selling website

Flipkart finally owns eBay.in and decides to set its own refurbish product re-selling website

Flipkart took over eBay’s India operation, as a part to support the company’s financially that offered funds from Microsoft, Tencent, and eBay Global. But now it seems that Flipkart finally plans to shut down the first International e-commerce website of India, eBay.in. The Bangalore- based Flipkart announced for the shutting down of eBay.in, as a part of taking control over as a parent company. However, Flipkart is likely to introduce...

    • advertisement