India gets its first basmati billionaire family. The promoter family of KRBL reaps gains from high demand for basmati in India and overseas. The company had a stock of 300,000 tonnes of rice as of September 30.
Dealers of Tata Motors in most parts of the country have stopped placing orders for this small car in the last three-four months and the showrooms are displaying contemporary models such as Tiago, Tigor, Hexa and Nexon.
The firm, which showcased an electric variant of its Duet scooter at the 2016 Auto Expo, is working on two models at its Jaipur R&D centre.
Hyundai sold 6,054 units of the new Verna in September, against 6,010 units of the Honda City and 5,603 units of the Maruti Ciaz.
A lot rides on this new vehicle for Renault, the seventh largest player in domestic passenger vehicle market, as its brand new SUV takes on Maruti Suzuki Brezza, Hyundai Creta and Ford EcoSport.
Firms are offering employees flexi hours; demand for air purifiers, masks have skyrocketed.
However, despite the reduction, their interest rates would be about 50-100 basis points higher than those of banks
Most of the engines used by Suzuki's two-wheelers in India are manufactured by Maruti at its Manesar plant.
Beside flying squads from RTOs at different points on highways, challans are imposed without any reason. The situation is especially difficult in states like Uttar Pradesh, Rajasthan, Madhya Pradesh, Maharashtra, Gujarat, and Andhra Pradesh.
Royal Enfield sees its scale and dominant market share as adequate buffers against Bajaj's recent challenges, says Ajay Modi.
Gujarat, Telangana to roll out policies to encourage manufacturing
Roland Folger has told the ministries concerned that they are cutting India off from the rest of the world by making it a highly protected market, the Mercedes Benz India CEO & MD tells Ajay Modi.
The partnership will look to expand Ford's reach in the fast-growing Indian market and improve M&M's access to global markets
Dhruv Shringi, co-founder and chief executive officer (CEO) at Yatra, tells Ajay Modi that Indian online travel market is definitely moving into a duopoly situation.
The investment will be made through a joint venture with Toshiba and Denso. The battery is the most expensive single part of an EV.
Big brands like Hyundai, Mahindra and Mahindra (M&M), Toyota and Renault have lost share.
Maruti Suzuki is set to steer its fourth brand into 2 million club. The numbers convey a sense of the contribution that WagonR makes to Maruti Suzuki.
Initially it will procure only e-rickshaws and e-autos for leasing to operators
'Customer expectation and need was quite limited when we started in 2013.' 'Now the expectation is little more and a lot of hard work is needed again.'
The no-equity partnership will develop a range of mid-capacity 250-750cc motorcycles.
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