Ashok Leyland total sales fall to 13,134 units in May

A stronger-than-expected fourth quarter lifted India’s growth to 7.2% in FY23, exceeding the 7% cited in the second advance estimates released in February, underscoring the country’s economic resilience in the face of multiple challenges.

The Securities and Exchange Board of India (Sebi) has proposed tighter disclosure requirements for foreign portfolio investors (FPIs) to prevent the misuse of overseas investment routes and curb public shareholding norm violations.

Apple has won a new laurel in India — operating the country’s largest electronics retail store by sales.The iPhone maker’s first two own stores in India have grossed monthly sales of over ₹22-25 crore each, well over two times what could be the highest revenue for an electronics store in the country during non-Diwali period, according to two industry executives aware of the details.