Partho Banerjee, Head, Sales & Marketing, Maruti Suzuki, says “as of today, we do not see any supply issues and to be very honest with regard to the market, since right now we are going through the election phase, once the government is formed, how the policies are going to be formulated and other things … Read more
Oil prices dropped to a near two-month low on receding tensions in the Middle East, a complex interplay of escalating supply levels, demand worries, and challenging economic indicators. The global benchmark, US WTI crude currently clinging below $80 a barrel, has lost more than 10% from a near two-year high tested last month. A similar … Read more
A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely. The once-every-four-years event cut in half the so-called mining reward, which is the amount of Bitcoin released from the network to compensate companies … Read more
New Delhi: Luxury carmaker Audi India on Tuesday reported 33 per cent increase in retail sales at 7,027 units for the fiscal ended March 31, 2024. The German automaker had sold 5,275 units in the country in 2022-23 financial year. “We have seen a robust growth of 33 per cent in FY23-24 on the back … Read more
KOTA KINABALU: Universiti Malaysia Sabah (UMS)’s water woes will soon be a thing of the past, says its vice-chancellor Prof Datuk Dr Kasim Mansor. Prof Kasim said this is after the supply of some five million litres a day (MLD) of water to its campus here not soon. He said the Sabah Water Department was … Read more
Synopsis While it was an interim budget, on one count it gave more indications even than a full budget. That count is the path which interest rates may follow. If one goes by the reaction of the debt market and the benchmark G-sec yield, the probability of interest rates coming down has increased very sharply. … Read more
The Passenger Vehicles (PV) segment volumes are expected to log a record 18-20 per cent growth this fiscal as the pent-up demand levels off amid hike in vehicle prices, CareEdge said in a report on Tuesday. It also projected the PV sales volume to continue this growth momentum in the next fiscal, driven by factors … Read more
Lokman pointed out that although there were no price controls on chicken last Christmas, it was sold to consumers below the retail ceiling price of 9.40 ringgit per kg (US$2.00). ‘Can’t even buy underwear’: Malaysians fume over cheap goods tax, cost burden He added that chicken parts and frozen chicken were also sold below the … Read more
“One indication that could be important to follow for us is what is going on in the consulting space. As you know, we have made significant investments in consulting and strategic decisions to help us transform our organization,” says Thierry Delaporte, CEO, Wipro. “On deal wins, we are continuing to see a strong momentum in … Read more
KOTA KINABALU: Universiti Malaysia Sabah (UMS) is expected to see its water supply issues easing by the end of January, says state Works Minister Datuk Shahelmey Yahya. He said the matter would have been resolved by now if not for delays in the Telibong II water treatment plant completion. ALSO READ: Sabah Water Dept pushing … Read more
