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