Ripples Advisory, Opening bell: Asian markets open higher

Maruti Suzuki sales in March up 13%, Tata Motors 31%, while Daiichi Sankyo moves to block Fortis-Manipal deal


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Asian markets open with gains

Asian stocks opened in green following a strong performance by global equities last week

Petrol price hits 4-year high in Delhi, diesel at all-time high

Petrol price on Sunday hit a four-year high of Rs73.73 a litre, while diesel rates touched an all-time high of Rs64.58 in Delhi, renewing calls for a cut in excise tax rates, reports PTI.

Maruti Suzuki sales in March up 13%, Tata Motors 31%

Maruti Suzuki India Ltd said March domestic passenger car sales rose 13.3% from a year earlier. Tata Motors Ltd posted sales of 20,266 units in domestic passenger vehicles in March, a 31.3% rise from the year-ago period.

RBI asks Axis board to reconsider Shikha Sharma’s 4th term

The Reserve Bank of India (RBI) has asked Axis Bank board to reconsider the fourth three-year term it gave to chief executive officer Shikha Sharma last year

Daiichi Sankyo moves to block Fortis-Manipal deal

Japanese pharma major Daiichi Sankyo wants markets regulator Sebi to block the merger deal between Fortis Healthcare and Manipal Group, saying it would potentially violate orders issued by courts in India

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