The industry was expecting to sell 3 million passenger vehicles for the first time in 2016-17, but now it seems a moot possibility.
M&M's used car biz becomes the first private firm to tie up with a bank for conducting online auctions of repossessed and off-lease cars. Ajay Modi reports.
Amid persistent fear of prosecution and penalty, people across income classes are looking for ways to do away with stacks of higher denomination currency.
German luxury car maker has expanded its product offering with the launch of 11 products this year.
It is immediately not clear how GST will impact the mass car market. Experts, however, say the level of tax on smaller cars will have to be at a differential to the sedans.
Strong festive demand in October helped carmakers register a seven-per cent volume growth in the domestic market, even as the largest player, Maruti Suzuki, reported low single-digit growth.
Maruti Suzuki growing in double-digits; Suzuki's Japan Q1 top line rose only 1%.
One of the smallest players in India's car market, it is banking on new-look Etios to make inroads into the personal vehicle segment
Good pay hikes, positive macroeconomic factors and the taming of inflation have had a positive effect on purchases
A number of companies, including Maruti Suzuki, Renault and Nissan, are giving gold coins to buyers who book cars by the month-end. There are other benefits as well, reports Ajay Modi.
This equity capital infusion is the country's largest-ever FDI.
Sunil Bharti Mittal, bottom, left, says he is fond of Bill Gates' famous quote: "Success is a lousy teacher." Back from a long foreign business trip, the founder-chairman of Bharti Enterprises talks to Malini Bhupta and Kiran Rathee about the challenges posed by Reliance Jio and how he is determined to come out on top once again. Mittal says , today, Airtel is as ready as Jio in pure-play 4G operations.
Jio says it has completed mobile number portability testing and is certified MNP-compliant
The first major pricing error was made by market leader Maruti Suzuki when it launched its first crossover the S Cross
Big three telecom companies term Jio's free voice calls predatory pricing
Trai calls both Jio and incumbents for a meeting to discuss the issue
Telecom Secretary J S Deepak has resolved the toughest issues facing the sector, but his real test will be in delivering on the govt's Digital India dream
RIL is also set to file its tariff plans, which will mark the company's intent to commercialise Jio's operations, with the regulator this week
Only 10,059 tourists have visited the state this month compared to around 90,000 in July
After the transaction with Temasek, Singtel will hold 47.39 per cent in Bharti Telecom.