Prices third Nexa car aggressively at Rs 4.59 lakh, to take on Hyundai's i10Grand and M&M'S KUV100.
While two-wheeler sales declined 22 per cent, two other segments, bigger in value while being lower in volume, were much less impacted.
In 50 days, 60% of the work force was let off in retail, agri, textile and other sectors.
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 firm chooses UP for payments bank launch in February. Karan Choudhury reports.
December is a month of high retail sales for cars, as companies and dealers push stocks to clear inventories
Effects of the new schemes launched under the Pradhan Mantri Awas Yojana would be felt more in tier-II and tier-III cities, as not many budget or affordable housing projects are in the works in metropolitan cities.
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.
Computer emergency response teams will be strengthened with ethical hackers who will respond to cyberattacks.
Accuses foreign-funded competition of 'capital dumping' to capture market, bats for stronger regulations for sector.
The telecom companies have also been asked to urgently improve their infrastructure, as the government aims to digitise a host of services.
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.
Safety standards are thrown to the wind as government urges consumers to use mobile wallets at petrol pumps, Shine Jacob & Karan Choudhury/Business Standard report from New Delhi.
Paytm has, since November 8, been on an overdrive, rolling out a series of features on its app including multi-language options for a no-holds barred access across the country. The company is now planning to make Paytm available on all types of mobile phones, going much beyond smartphones.
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.
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