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.
I-T returns data show 83% of the Congress' and 65% of the BJP's total income was from anonymous benefactors.
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.
Every move that strengthens Cyrus Mistry's position in companies like Indian Hotels could prolong the uncertainty.
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%.
In absence of hard facts, the group risks losing public trust, says the firm, which has investment from the Tatas
Top businessmen often seek refuge in the animal kingdom to describe their situation
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
Terms reveal that such premature redemption is allowable on dividend reset dates in case there is no agreement on the dividend rate
A non-executive director typically does not engage in the day-to-day management of the organisation
Tata Group expects to do some tightrope walking on legal issues in the days ahead.
Experts view this as a case of "failed experiment" in succession
Around 300 promoters serve their company boards for free.
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.
Promises have been made in the past about cleaning up bank boards, revamping processes, purging vested interests. How far away is that Promised Land?
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