If struggling with dealing with queues of people asking for new notes wasn't enough, banks are now facing the challenge of storing the old notes in their strong rooms.
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.
Work in mandis across UP and in northern India which till Tuesday, witnessed heavy arrivals of newly harvested paddy, saw a steep decline.
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.
The first major pricing error was made by market leader Maruti Suzuki when it launched its first crossover the S Cross
Only 10,059 tourists have visited the state this month compared to around 90,000 in July
With over Rs 15,000 crore in deposits, its strategy is a hit for now, but the real test will come when it starts lending to retail and corporate customers in a big way
Maruti Suzukisaid it was trying to offer more factory-fitted CNG cars to address environmental concerns
The French car maker has gained a firm footing in the small car segment, and is well on its way to becoming the topmost European car brand in India
These banks need to build a significant deposit base to start full-fledged banking.
A large part of the credit for the Kwid's success goes to sourcing of local components. This allowed Renault to launch the car at Rs 256,000 in September 2015
Sunil Munjal will pursue new business interests and lead Hero Corporate Services as its chairman.
Young buyers willing to frequently replace older models with newer ones are boosting bookings and sales.
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