Hoteliers are tweaking their pricing strategies to adjust to the new stickiness in the market.
Indian two-wheeler majors Hero MotoCorp and Bajaj Auto are the biggest beneficiaries of this surge and, between the two, they are estimated to control about half of the local market there
Pawan Munjal, chairman and managing director of Hero MotoCorp, the country's biggest two-wheeler maker, leads the pack among automobile CEOs.
The two-acre office complex under construction on the outskirts of Delhi will be home to about eight hundred company executives. Special care is being given to air purification and the building will be equipped with a three-stage air filter system.
In its investor presentation, IHH said it wanted to develop Fortis into a market leader.
he company has not put in place a full-time managing director for the past one and half year after the exit of Vikram Pawah in January last year.
Industry staring at a record surplus by next year
Hotel companies said the conditions are not investor friendly and making money on the property could be tough in the initial years.
Data available from top six players - Maruti Suzuki, Hyundai, M&M, Tata Motors, Honda and Toyota - shows an average growth of about 42 per cent for the industry in June
The rise of domestic leisure travel, helped by rising income levels, is helping the industry offset the sluggishness in business from foreign visitors
SoftBank-backed OYO now 100,000 rooms brand, eyes another 100,000 by Mar 1
The company is confident that more hotel owners will be keen to associate themselves with the Hilton brand, the second-biggest hotel chain globally after Marriott.
The country's top automaker in terms of revenue plans to launch a total of 50 products in the CV segment during 2018-19.
The GST Council last year imposed a cess of 15 per cent on hybrid vehicles, in addition to the 28 per cent GST, leading to a total tax burden of 43 per cent against a previous tax rate of 28 per cent.
Experts believe the move will have little impact given limited production of generic drugs and authority of doctors in prescribing medicines.
The wheels turn for bicycles, as manufacturers go back to the basics. After motorised two-wheelers overtook cycle sales in the country, manufacturers are focusing on commuter segment again and reviving entry-level cycles.
The government has mandated that from October 2017, all new car models will have to be equipped with airbags to meet crash test norms.
In May, price growth for drugs was in negative territory at (-)1 per cent
Dealers have stocked up vehicles in the run-up to a price hike, which is expected to be announced by leading players some time this month.
The five-acre facility, set up by M&M through a joint venture with government owned company MSTC, went on stream in April this year
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