Note ban, diesel ban have little impact as Mercedes posts marginal decline, while BMW sales rise 14 pc.
Honda has grown from 15% in FY12 to 27% now; Yamaha has doubled share to 5% in five years.
Two-wheeler firms' profits to slow down following a double-digit decline in sales.
'The service charge is given to the employees as a part of their salary. Now, employees have been calling to negotiate their salaries to balance the loss that they will face personally. In which case, we won't be able to retain some of them.'
As many as 4,291 farmers in Maharashtra killed themselves in 2015 topping the list of states with the highest number of suicides in the farm sector followed by Karnataka (1,559), Telangana (1,400), Madhya Pradesh (1,290), Chhattisgarh (954), and Andhra Pradesh (916).
December is a month of high retail sales for cars, as companies and dealers push stocks to clear inventories
Sops for middle class, poor and farmers on cards.
Tivoli has turned out to be the best-selling vehicle from SsangYong in its 62-year history, Ajay Modi reports from New Delhi.
Sales, which were growing impressively in the first seven months of the year, decline in November. Ajay Modi reports.
Audi and Mercedes-Benz have already opened dealerships in Guwahati -- a gateway to all the north-eastern states -- and BMW intends to join them soon. Ajay Modi reports.
IDS-2 and raids to uncover black money stash keep receipts flowing
Eco affairs secretary says double counting possible; cash availability to improve in three weeks.
Cash withdrawal limits likely to continue
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
'We feel EMI holidays should pick up now.' How travel companies are trying to win customers after demonetisation.
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
From discounts to hundred per cent financing to talks of a price hike, companies are doing everything to ensure retail sales pick up this month.
In the fourth of a six-part series, Ajay Modi visits Moradabad, to see how the brass city is coping with the after-effects of demonetisation.
Through this mobile application, the handset will be used for authenticating biometrics of customers making Aadhaar enabled payment.
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