Ajay Modi And Sanjeeb Mukherjee

Stories by Ajay Modi And Sanjeeb Mukherjee

Auto majors sail through Nov, brace for note ban impact in Dec

Auto majors sail through Nov, brace for note ban impact in Dec

Rediff.com   2 Dec 2016

While retail sales at dealerships have suffered the full impact of demonetisation, the growth in wholesale volumes comes as dealers had relatively lower inventory after Diwali in October.

RTOs badly hit by demonetisation

RTOs badly hit by demonetisation

Rediff.com   30 Nov 2016

Note ban hits sales and registration of new cars; states work online payments model to deal with cash crunch. Ajay Modi and T E Narasimhan report.

Will final GST bill put farm goods on exempted list?

Will final GST bill put farm goods on exempted list?

Rediff.com   30 Nov 2016

Revised draft model Bill clearly says an agriculturist for the purpose of agriculture won't be liable for registration under GST.

Ministries draw plans to go cashless after PM's diktat

Ministries draw plans to go cashless after PM's diktat

Rediff.com   27 Nov 2016

A senior finance ministry source said making the use of debit cards and e-wallets compulsory across the board is legally untenable, but banks have been asked to insist their account holders use these instruments

Hero's Splendor dethrones Honda's Activa in October

Hero's Splendor dethrones Honda's Activa in October

Rediff.com   24 Nov 2016

Hero MotoCorp sold 254,813 Splendors, about 4,000 more than the 250,681 Activas sold by its rival Honda Motorcycles and Scooters India.

Car sales may go south this December

Car sales may go south this December

Rediff.com   22 Nov 2016

The industry was expecting to sell 3 million passenger vehicles for the first time in 2016-17, but now it seems a moot possibility.

Allowing farmers to buy seeds with old notes will have limited impact

Allowing farmers to buy seeds with old notes will have limited impact

Rediff.com   22 Nov 2016

Experts claim impact of breather limited as most hybrid vegetable seeds are sold by private companies.

Mahindra's set to revamp used car auctions

Mahindra's set to revamp used car auctions

Rediff.com   18 Nov 2016

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.

BJP pushes Jaitley to give tax relief in Budget

BJP pushes Jaitley to give tax relief in Budget

Rediff.com   15 Nov 2016

Budget announcements will come right before five states, with population of around 250 million, go to polls.

Much in demand these days: CAs and their creative solutions

Much in demand these days: CAs and their creative solutions

Rediff.com   14 Nov 2016

Amid persistent fear of prosecution and penalty, people across income classes are looking for ways to do away with stacks of higher denomination currency.

Despite falling volumes, Mercedes expands range to take on Audi, BMW

Despite falling volumes, Mercedes expands range to take on Audi, BMW

Rediff.com   10 Nov 2016

German luxury car maker has expanded its product offering with the launch of 11 products this year.

Shortage of Rs 100 notes brings wholesale markets to a halt

Shortage of Rs 100 notes brings wholesale markets to a halt

Rediff.com   10 Nov 2016

Work in mandis across UP and in northern India which till Tuesday, witnessed heavy arrivals of newly harvested paddy, saw a steep decline.

Modi Sarkar's Budget IV will keep focus on countryside

Modi Sarkar's Budget IV will keep focus on countryside

Rediff.com   8 Nov 2016

The focus is likely to be on consolidation and improvement of existing rural-centric programmes to ensure their completion ahead of the next general elections in 2019, rather than announcement of new schemes. Sanjeeb Mukherjee and Arup Roychoudhury report.

GST won't make luxury cars, SUVs cheaper

GST won't make luxury cars, SUVs cheaper

Rediff.com   4 Nov 2016

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.

Maruti finds Hyundai, Tata race past it in October

Maruti finds Hyundai, Tata race past it in October

Rediff.com   2 Nov 2016

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's revenue set to beat Japanese parent's

Maruti Suzuki's revenue set to beat Japanese parent's

Rediff.com   1 Nov 2016

Maruti Suzuki growing in double-digits; Suzuki's Japan Q1 top line rose only 1%.

Toyota goes for facelift to shake off taxi image

Toyota goes for facelift to shake off taxi image

Rediff.com   27 Oct 2016

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

Left, right coming together on GM, PSU land sale

Left, right coming together on GM, PSU land sale

Rediff.com   10 Oct 2016

BMS, BKS and SJM are trying to forge common cause with outfits on the other side of the ideological divide over the government's policies they are not in agreement with.

South pips north in car, durables & realty

South pips north in car, durables & realty

Rediff.com   3 Oct 2016

Good pay hikes, positive macroeconomic factors and the taming of inflation have had a positive effect on purchases

With inflation slowing, there is space for monetary easing: Arvind Subramanian

With inflation slowing, there is space for monetary easing: Arvind Subramanian

Rediff.com   29 Sep 2016

Chief Economic Advisor Arvind Subramanian says that he hopes GDP growth will be at the upper end of the 7-7.5 per cent range.