Ajay Modi &Amp;Amp; Namrata Acharya

Stories by Ajay Modi &Amp;Amp; Namrata Acharya

Auto biggies all set to launch electric vehicles at Expo

Auto biggies all set to launch electric vehicles at Expo

Rediff.com   6 Feb 2018

Maruti will showcase its first concept electric vehicle, the e-SURVIVOR; M&M it's six new EVs, including two futuristic concepts

Budget 2018: Luxury cars, premium bikes to be costlier by upto 5%

Budget 2018: Luxury cars, premium bikes to be costlier by upto 5%

Rediff.com   5 Feb 2018

The move will primarily impact luxury car companies like Mercedes Benz, BMW, Audi and Volvo and bike brands like Triumph and Harley Davidson.

Hyundai's first EV to hit Indian roads in 2019

Hyundai's first EV to hit Indian roads in 2019

Rediff.com   31 Jan 2018

The company will showcase the Ioniq electric vehicle at the Auto Expo that begins next week.

What went wrong with Jagdish Khattar's 1st entrepreneurial venture?

What went wrong with Jagdish Khattar's 1st entrepreneurial venture?

Rediff.com   30 Jan 2018

Entities like CarDekho, Cartrade and a host of other online players went live even as Carnation, former Maruti managing director Jagdish Khattar's first entrepreneurial venture, was searching for the right business model, says Ajay Modi.

In FY17 hotel occupancies hit 9-year high of 65%

In FY17 hotel occupancies hit 9-year high of 65%

Rediff.com   23 Jan 2018

Corporate clients form more than half of the business for most branded hotels, especially in cities.

Kia vs Hyundai: Who will gather speed on Indian roads?

Kia vs Hyundai: Who will gather speed on Indian roads?

Rediff.com   18 Jan 2018

Though both brands belong to the same parent company, Hyundai has issued strict directives to dealer partners to withdraw their applications

Bumpy roads ahead for Renault; even Kwid has hit speed breaker

Bumpy roads ahead for Renault; even Kwid has hit speed breaker

Rediff.com   18 Jan 2018

After a spectacular show in 2016, Kwid's sales have contracted by 20 per cent during the April-December period of FY18 to 65,572 units.

What is the biggest threat to India's e-vehicle dream?

What is the biggest threat to India's e-vehicle dream?

Rediff.com   10 Jan 2018

E-vehicles may face pollution hurdle with hazardous batteries. One lithium-ion battery has a potential to poison the whole water aquifer of Delhi.

Race to take credit for electric vehicles gathers speed

Race to take credit for electric vehicles gathers speed

Rediff.com   8 Jan 2018

Ministries such as road transport and heavy industries are learnt to have objected to NITI Aayog's attempts to become an implementing body for the EV programme.

Maruti Suzuki's cash reserves swell by 28%

Maruti Suzuki's cash reserves swell by 28%

Rediff.com   2 Jan 2018

The domestic car sales volume of the company is also growing at 15%

World Bank arm to sell 1.8% stake in Bandhan Bank

World Bank arm to sell 1.8% stake in Bandhan Bank

Rediff.com   2 Jan 2018

Bandhan Bank has filed a draft red herring prospectus with Sebi for an IPO of up to 119 million equity shares, with face value of Rs 10 each.

Festive season fails to cheer passenger vehicle firms

Festive season fails to cheer passenger vehicle firms

Rediff.com   2 Jan 2018

Maruti Suzuki is the big exception, with double-digit surge in volume

National Insurance IPO will happen only after April 1, 2018

National Insurance IPO will happen only after April 1, 2018

Rediff.com   28 Dec 2017

Analysts say large issue sizes and high prices were key reasons for the poor response to IPOs of other public sector insurance entities. The high share price meant small investors did not foresee any listing gain

Maruti's market share has zoomed past global trends

Maruti's market share has zoomed past global trends

Rediff.com   26 Dec 2017

Maruti is now at a market share of 50.4%, up from 47.3% last year. In China, the world's biggest market, Volkswagen is the largest, with a share of 17%. In America, the second biggest, GM is leader with 18%. One exception is South Korea, where Hyundai has a market share in excess of 60%.

How a 'realty mogul' lost its throne

How a 'realty mogul' lost its throne

Rediff.com   13 Dec 2017

A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.

Nov auto sales were driven by MUL, Hyundai and M&M

Nov auto sales were driven by MUL, Hyundai and M&M

Rediff.com   12 Dec 2017

Data issued by Siam shows sale of PVs (cars, vans and utility vehicles) grew 14.3 per cent to 275,417 vehicles.

After a Rs 600-cr renovation, Oberoi Delhi to open from Jan 1

After a Rs 600-cr renovation, Oberoi Delhi to open from Jan 1

Rediff.com   12 Dec 2017

The hotel is equipped with new, clean air technology which promises its guests the cleanest air in the city on par with global standards.

Maruti overtakes SBI, HDFC in race for m-cap

Maruti overtakes SBI, HDFC in race for m-cap

Rediff.com   9 Dec 2017

The country's biggest carmaker is now more valuable than the combined market cap of the three leading automobile companies in the country: Tata Motors (Rs 1,18,684 crore), M&M (Rs 86,336 crore) and Ashok Leyland (Rs 34,700 crore).

Why this December is the best month to buy a car

Why this December is the best month to buy a car

Rediff.com   7 Dec 2017

From Alto to Audi, get car discounts of up to Rs 900,000

Survival battle revs up in India's auto sector

Survival battle revs up in India's auto sector

Rediff.com   4 Dec 2017

Automobile companies are worried about challenges from electric mobility, automation and connected vehicles.