Riding on an improved show across parameters, TVS Motor (TVS) outperformed larger two-wheeler peers Hero MotoCorp (Hero) and Bajaj Auto (Bajaj) during the September (Q2 of FY23) quarter. The Chennai-based firm, which has the most-diversified portfolio among two-wheeler majors, posted a 28 per cent jump in revenues. This compares to […]
The National Financial Reporting Authority (NFRA) has issued guidelines to inspect select audit firms to identify areas and opportunities for improvement in the audit firm’s system of quality control, a statement said. “Inspections will consist firm-wide review of audit quality and individual file reviews on test-check basis to evaluate the […]
The United States suffered through the worst terror attack in its history on Sept. 11, 2001. From the Pentagon and the World Trade Center to a field outside of Shanksville, Pennsylvania, the attacks left 3,400 people dead. The events of that day also spawned a new era in U.S. foreign […]
European stocks may open on a firm note Monday, taking cues from last week’s strong rally on Wall Street. The upside, however, may remain limited as the control of U.S. House of Representatives remains in limbo due to a stronger-than-expected performance by Democrats in the mid-term elections. Democrats kept control […]
Auto experts at J.D. Power believe they know the value of a used car while it is still new. This has triggered the release of the. J.D. Power 2023 ALG Residual Value Awards. The study looks at 13 brands and 291 models. The basis of the analysis is “used-vehicle performance, […]
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The University of Michigan released preliminary data on Friday showing U.S. consumer sentiment has pulled back much more than expected in November after seeing modest improvements in recent months. The report showed the consumer sentiment index slumped to 54.7 in November after inching up 59.9 in October. Economists had expected […]
The U.S. Food and Drug Administration has issued warning letters to makers of illegal e-cigarettes, which are packaged to look like toys, food, or cartoon characters likely to promote use by youth. The letters were given to five firms for the unauthorized marketing of 15 different e-cigarette products. They are […]
Donald Trump said that he is running for president in 2024, seeking to return to the White House amid warning signs that he’s losing support among key Republicans and perhaps even the right wing media machine. “In order to make America great and glorious again, I am tonight announcing my […]
John Malone’s Liberty Media is splitting off 2021 World Series champions the Atlanta Braves Baseball Club and related assets into a separate public company “to better highlight its strong value.” As part of a rejiggering of the Liberty universe, it is also creating a new tracking stock called Liberty Live […]
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