286 dealers closed down in 18 months, 32,000 jobs impacted. Maharashtra leads with 84 closures, followed by Tamil Nadu and Delhi. The worst-hit is the passenger car segment.
The prices will be decided during the time of launch, as TVS hopes that given the cost increase, the government may consider bringing down GST for two-wheelers.
With Kona catering for the high-end market, the South Korean automobile conglomerate wants to introduce a product in the EV segment to address the mass segment.
'Our priority is how to reduce the waiting time for people for darshan.'
With car penetration of around 22 per 1,000 population, India continues to be a big opportunity to sell cars, especially in rural areas.
His blind faith in astrology took him down a tragic path that has now come to define his life.
Liquidity continues to be a worry for both, customers and dealers, with the latter facing working capital issues.
India consumes around 24-25 million tonnes of pulses, but sowing trends show this year production is expected to be lower compared to last year.
Official sources say that the finance ministry is aware of the possible spike in smuggling activity and has already asked intelligence agencies to tighten their vigilance and come down on the unofficial entry of gold into India.
A mix of industrialists and businessmen, who have inherited riches or rose from humble backgrounds and even endured boom and bust cycles, the top five MPs are illustrative of how the political stock of the wealthy is increasing rapidly.
The new TTD chairman's Venkateswara pendant seems like a simple yet effective tool to silence his critics and to unburden the baggage of his family's religion.
Standard Chartered Bank is setting up an international banking unit primarily to look after Indian company requirements. The bank is looking for a $2-billion loan book in the first five years of business.
The industry said if the policy was announced, it would have taken 28 million vehicles bought before March 2005 off the road.
The demand environment is expected to improve over the next three quarters, aided by a recovery in demand from the construction sector, following release of payments to contractors after elections.
Madhu Jayanti's Rs 55-crore packet tea business so far is only in Maharashtra and Karnataka. After Eveready's tea business buyout, MJIL's tea production in India will increase from 2.4 million kg to 6.2 mkg and its income from branded tea sales will rise 53 per cent to Rs 198 crore this fiscal year itself. It will also be available in 14 states.
Once ISRO masters the technology to send humans into space, the next step will be experimenting with technologies allowing humans to live in space.
Exasperated by frequent labour strikes, the Tamil Nadu government has decided to give public utility status to Auto components makers. A move that has left labour unions fuming since, now, they won't be able to go on strike without issuing a notice of six weeks in advance.
A substantial fluctuation is likely because for a long period gold has moved in a narrow range of $ 50-60 and at higher levels short positions were built.
Out of its 47 operational satellites, India currently has six to eight satellites which are used entirely for military purposes.
The exporters are optimistic that the industry will grow by 8-10 per cent and it can improve further if the government helps the industry.
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