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Mahindra Finance launches car leasing and subscription business Mahindra & Mahindra Financial Services Ltd announced the launch of a lease-based vehicle subscription business for urban centres. The company is eyeing a business of Rs 10,000 crore from this segment in the next 3-5 years. Under the brand ‘Quiklyz’, Mahindra Finance will offer multi-brand vehicle leasing […]
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Cabinet approves scheme for setting up 7 mega textile parks The Union Cabinet has approved the setting up of seven textile parks under the Prime Minister Mega Integrated Textile Region and Apparel (PM-MITRA) scheme with a total outlay of Rs 4,445 crore over five years. The scheme will help in setting up world-class industrial infrastructure […]
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India’s services activity slows in December; PMI at 3-month low India’s services activity slowed down to its lowest level in three months in December. Data released by IHS Markit on Wednesday showed that Purchasing Managers’ Index (PMI) for the services sector dropped to 52.3 in December from 53.7 in November. According to the analytics firm, […]

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