M&M, which owns a 75 per cent stake in SYMC, rescued the sport-utility vehicle (SUV) maker from near-insolvency in 2010 but has struggled to revive its fortunes.
Higher exports will also drive up volumes, as the company seeks to avail of the benefits under the government's recently announced production linked incentive scheme.
This crisis has arisen just as demand in India's auto sector started seeing some sort of revival after the nationwide lockdown in March/April.
There is concern about the poor state of readiness of the navy's 140 warships which face severe shortages in sonar equipment, helicopters and torpedoes.
Prime Minister Modi needs to call Biden next month and clearly say: 'Mr President, the threat from China is clear and present. We, in New Delhi, have determined it to be an urgent national priority to outfit our submarines and aircraft carriers with nuclear propulsion and we want to cooperate with America on this programme",' advises Ajai Shukla.
When Jawa Motorcycles owner Jiri Gerle sold the legendary but defunct brand to Classic Legends (part-owned by Mahindra & Mahindra), he had one request to the new owners: Please do bring the brand back to its homeland -- the Czech Republic.
The navy finds itself fighting for relevance, with navy planners lamenting that its share of the budget has dropped dramatically.
Production at the maker of Innova and Fortuner has been crippled and it's operating at less than 10 per cent capacity.
The fast interceptor craft delivered can patrol the coastline at a scorching speed of 45 knots.
'We cannot understand why the government is facilitating the import of artillery when our indigenous guns are doing so well.'
While companies have not launched too many products in rural areas of late, easy financing has helped push up demand.
Admiral describes it as 'a path-breaking change'; defence ministry official disagrees.
Battered by the Covid-19 pandemic, the maker of the Fortuner and Innova models is staring at a steep loss in the ongoing financial year.
The gun is unique in its ability to fire a five-round burst, while no other contemporary The gun is unique in its ability to fire a five-round burst, while no other contemporary gun exceeds three-round bursts. This brings down a greater quantity of explosive onto the target before enemy soldiers can take cover
A salvo from a Pinaka battery brings down on the enemy more than seven tonnes of high explosive in just 44 seconds.
Access to India's defence market must be made conditional -- available only to those who are ready to make a long-term commitment in India, argues Ajai Shukla.
The luxury car market leader will be producing the new-generation cars, sedans, SUVs, and AMG performance cars at one facility.
In September, sales of 125cc models - that include the Hero Glamour, Splendor, Pulsar 125, Victor Star City, among others - grew by a whopping 30 per cent over the same period a year ago to 305,615 units.
Time and cost overruns are endemic to most Indian warship building projects. A central reason is the Indian Navy's operational assessment that it is better to get a warship late and ov
Few of these highly sought-after socialising and networking hubs are seeing much activity as regulars are missing in action.
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