All stories by Ajay Modi
Paytm Travel hopes to zoom past MakeMyTrip in 2020Rediff.com14 Jan 2019
Paytm Travel claims to have a base of around 13 million customers, a threefold increase over the user base in FY17. While significant, it is but a fraction of Paytm's wallet user base of more than 300 million.
Hotels to restaurants, aggregators' discounts come home to biteRediff.com12 Jan 2019
As regular promotional discounts and offers rolled out by well-funded apps determine the demand trend, online hospitality aggregators face growing discontent from restaurants and hotels over commissions and pricing power.
As car sales skid, auto part makers are also in the slow laneRediff.com26 Dec 2018
Issues like high insurance cost and the announced price hike effective January could also weigh on sales in 2019. The only bright spot is the softening seen in fuel prices over the past month.
'Online tourism is growing 15%, 16%'Rediff.com18 Dec 2018
'Tourism is growing between 10% to 12%.'
Brakes on sales figure of Maruti SuzukiRediff.com17 Dec 2018
The slowdown in growth is an industry-wide trend and companies are adjusting production to bring down the inventory levels at plants as well as dealerships.
Which is going be the biggest hotel complex in India?Rediff.com12 Dec 2018
Dipak Haksar, bottom, left, chief executive, ITC Hotels and WelcomHotels, tells Ajay Modi that FY19 is going to be a year of strong growth, and tariffs are likely to see a substantial improvement in the fourth quarter
Why passenger vehicle sales skid over 3% in NovemberRediff.com11 Dec 2018
Large number of buyers has put purchases on hold because of a combination of factors, including high fuel prices, higher insurance cost, and firm interest rates.
Cars that will cost more from JanuaryRediff.com29 Nov 2018
Market leaders Maruti Suzuki and Hyundai, who together control two-thirds of the domestic market, have not yet firmed up a decision on raising prices.
Auto sales figures present worrying pictureRediff.com28 Nov 2018
Factors like high fuel prices, higher insurance cost and firm interest rates kept buyers away, especially in case of passenger vehicles.
Motorcycles vroom past scooters on strong rural demandRediff.com22 Nov 2018
The key beneficiary of this expansion in the motorcycle market happens to be Bajaj Auto.
E-travel firms to top $10 bn bookings in FY19Rediff.com21 Nov 2018
The increase in bookings has also meant a significant reduction in overall costs for the online travel agencies and a consequent narrowing of losses.
NGT asks Volkswagen India to deposit Rs 100 cr for flouting emission normsRediff.com17 Nov 2018
However, the company has claimed its vehicles are 'compliant' with the country's emission norms and that it will 'challenge' the tribunal's order.
BS VI emission norms may lead to death of diesel carsRediff.com17 Nov 2018
From April 2020, manufacturers will have to hike prices of diesel cars sharply to accommodate the costs incurred in the transition to BS VI emission norms, and widening the gap between a diesel and petrol car.
Oyo appoints ex-IndiGo chief Aditya Ghosh as new CEORediff.com16 Nov 2018
Ghosh, 43, will be reporting to 25-year-old Ritesh Agarwal, who founded OYO with a single hotel in 2013.
Shareholders force head honchos of Apollo Tyres to take pay cutRediff.com14 Nov 2018
The move comes after Neeraj Kanwar's reappointment as managing director was rejected by minority shareholders owing to his salary, which increased in spite of a fall in the company's profitability.
Have mid-sized sedans reached the end of the road?Rediff.com14 Nov 2018
With multiple options in the compact sport utility vehicle (SUV) and compact sedan space, the mid-size sedan seems to be losing its charm among customers.
Two--wheeler firms hope Diwali will put the sparkle back in salesRediff.com3 Nov 2018
Navratri and Onam saw flat sales, but industry hopes to turn the corner with a cracker of a Diwali.
States where Brand Nano is still aliveRediff.com29 Oct 2018
Tata Motors, however, will not be able to meet this small demand and keep the Nano alive from October next year, when safety regulations for existing car models kick in.
September sees car sales fall for 3rd consecutive monthRediff.com15 Oct 2018
Scooters, once the fastest growing sub-segment, also declined for the second consecutive month in September.
Budget hotels beat 5-star peers in revenue growthRediff.com27 Sep 2018
The data shows the average room rate of two-star hotels increased by 8.5 per cent in FY18, even though it lagged on occupancy at 61.8 per cent, down 1.4 per cent year-on-year
Post fundraising, OYO's estimated value is pegged at $5 billionRediff.com26 Sep 2018
This e-series funding round also makes OYO the most valued hospitality company in the country, ahead of the Tata group's Indian Hotels Company, which owns the Taj brand of hotels, and EIH, which owns the Oberoi brand of hotels.
Hyundai overtakes Ford as India's top car exporterRediff.com22 Sep 2018
So far, the current year has not been great for the leading car exporters from India. In the top five list of exporters -- Hyundai, Ford, Maruti Suzuki, General Motors and Volkswagen -- it is only Hyundai which is clocking a growth.
The 39 year old who wants to make Audi No 1 againRediff.com18 Sep 2018
'To become more Indianised we had to be more colourful,' Rahil Ansari, Audi's India head, tells Ajay Modi.
After 35 years, Maruti to relocate its Gurugram plantRediff.com14 Sep 2018
The carmaker has sought 1,292 acres at Industrial Model Township, Sohna, 25km from Gurugram.
How globe trotting Indians are writing this firm's success storyRediff.com6 Sep 2018
Of the 23 million visas processed by VFS in 2017 calendar year, one fifth were in India, making it the company's biggest market.
Honda Amaze is now the 2nd-biggest model in the compact sedan spaceRediff.com31 Aug 2018
India is the first country to launch the second generation Amaze and the car has been developed considering the needs and aspirations of Indian customers
Buying a car has become a high-tech affair in IndiaRediff.com28 Aug 2018
Customers, instead of visiting showroms, now do most of their decision-making in the comfort of their drawing rooms using internet
Why Fiat Chrysler's ambitious India plan went for a tossRediff.com24 Aug 2018
The April-June quarter of 2018 happens to be the weakest for the Jeep since the launch, making it evident that it is not easy for a carmaker to sustain growth with a single product.
US becomes 2nd-biggest market for Made in India carsRediff.com20 Aug 2018
India has exported passenger vehicles worth $268 million to the US in three months ended June
Hero MotoCorp rides into used two-wheeler businessRediff.com17 Aug 2018
Hero Sure helps the customer get the best price for his vehicle on the basis of a transparent evaluation process.
How Hilton plans to spread its wings in IndiaRediff.com15 Aug 2018
Hilton has also hired Mallika Rao Bedi, former head of human resources at Oberoi and Trident Gurugram, as its regional head of human resources (Asia Pacific).
The Oberoi is yet to get its glory back!Rediff.com10 Aug 2018
An industry executive said The Oberoi had a lot of C-Suite guests and most such companies decide to give a new or renovated property some time to stablise before they start booking.
EcoSport success puts Ford on fast track to SUVsRediff.com28 Jul 2018
EcoSport accounts for almost 40 per cent of the cumulative one million units sold by Ford in India till date, which is a reason why more than half of its future launches could be SUVs.
Hotels see demand boom, but struggling to hike room ratesRediff.com24 Jul 2018
Hoteliers are tweaking their pricing strategies to adjust to the new stickiness in the market.
At $277 million, Bangladesh is India's biggest two-wheeler export marketRediff.com20 Jul 2018
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
How much do CEOs of top auto companies earn?Rediff.com19 Jul 2018
Pawan Munjal, chairman and managing director of Hero MotoCorp, the country's biggest two-wheeler maker, leads the pack among automobile CEOs.
Hyundai will drive into new 'pollution-free' office in 2020Rediff.com17 Jul 2018
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.
Harley-Davidson suffers flat tyres in IndiaRediff.com13 Jul 2018
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.
A 'bitter pill' for India's sugar industryRediff.com12 Jul 2018
Industry staring at a record surplus by next year
Will Taj Mansingh find a suitor this time?Rediff.com4 Jul 2018
Hotel companies said the conditions are not investor friendly and making money on the property could be tough in the initial years.