Subrata Panda And Shally Seth Mohile

Stories by Subrata Panda And Shally Seth Mohile

It's raining freebies and discounts at hotels!

It's raining freebies and discounts at hotels!

Rediff.com   17 Dec 2020

From free salons to discounted room rates, hotels are offering it all.

Maruti still rules the Indian market

Maruti still rules the Indian market

Rediff.com   16 Dec 2020

With 15 models and a market share of close to 50 per cent, it rules the Indian market, selling almost 1.5 million units every year, rolling out one model every ten seconds.

Mahindra's Ssangyong misses loan repayment of Rs 480 cr to JP Morgan

Mahindra's Ssangyong misses loan repayment of Rs 480 cr to JP Morgan

Rediff.com   16 Dec 2020

M&M, which owns a 75 per cent stake in SYMC, rescued the sport-utility vehicle (SUV) maker from near-insolvency in 2010 but has struggled to revive its fortunes.

Riding on Sonet and Seltos, Kia Motors has big plans for India

Riding on Sonet and Seltos, Kia Motors has big plans for India

Rediff.com   15 Dec 2020

Higher exports will also drive up volumes, as the company seeks to avail of the benefits under the government's recently announced production linked incentive scheme.

Unrest at Toyota's Bidadi unit puts focus on labour reforms

Unrest at Toyota's Bidadi unit puts focus on labour reforms

Rediff.com   14 Dec 2020

This crisis has arisen just as demand in India's auto sector started seeing some sort of revival after the nationwide lockdown in March/April.

Insurers face Covid claims of Rs 10,000 cr so far

Insurers face Covid claims of Rs 10,000 cr so far

Rediff.com   12 Dec 2020

According to the data compiled by General Insurance Council, which is not publicly available, the insurers have settled 508,334 claims amounting to over Rs 4,800 crore.

LIC has invested Rs 55,000 cr in equity market

LIC has invested Rs 55,000 cr in equity market

Rediff.com   9 Dec 2020

'In FY21, as of October, LIC has booked a profit of Rs 18,800 crore through sale of equities.'

How the Jawa bike was driven back to its Czech homeland

How the Jawa bike was driven back to its Czech homeland

Rediff.com   9 Dec 2020

When Jawa Motorcycles owner Jiri Gerle sold the legendary but defunct brand to Classic Legends (part-owned by Mahindra & Mahindra), he had one request to the new owners: Please do bring the brand back to its homeland -- the Czech Republic.

Toyota to resume production with limited staff amid face-off with union

Toyota to resume production with limited staff amid face-off with union

Rediff.com   4 Dec 2020

Production at the maker of Innova and Fortuner has been crippled and it's operating at less than 10 per cent capacity.

LIC's equity portfolio value crosses $86 billion

LIC's equity portfolio value crosses $86 billion

Rediff.com   4 Dec 2020

Assuming that the value of LIC's holding has risen in line with the markets, its portfolio size today could be around $86 billion, higher than the previous record of $84 billion in March 2018.

How India Inc plans to tap robust rural market

How India Inc plans to tap robust rural market

Rediff.com   30 Nov 2020

While companies have not launched too many products in rural areas of late, easy financing has helped push up demand.

Impasse enters Day 16: Toyota rolling out less than 100 units a day

Impasse enters Day 16: Toyota rolling out less than 100 units a day

Rediff.com   27 Nov 2020

Battered by the Covid-19 pandemic, the maker of the Fortuner and Innova models is staring at a steep loss in the ongoing financial year.

RBI allows all NBFCs to co-lend with banks

RBI allows all NBFCs to co-lend with banks

Rediff.com   6 Nov 2020

Under the co-lending model, banks have to take their share of the individual loans on a back-to-back basis on their books while NBFCs are required to retain a minimum of 20 per cent share of the individual loans on their books.

Made in India Merc's AMG models cheaper by Rs 25 lakh

Made in India Merc's AMG models cheaper by Rs 25 lakh

Rediff.com   5 Nov 2020

The luxury car market leader will be producing the new-generation cars, sedans, SUVs, and AMG performance cars at one facility.

Covid insurance claims reach a whopping 475,000

Covid insurance claims reach a whopping 475,000

Rediff.com   4 Nov 2020

To add to the worry of the insurers, non-Covid claims, which were muted in the initial months of the pandemic, have also picked up pace and are more or less at pre-Covid levels.

Bike buyers upgrade to pricier variants amid economic uncertainty

Bike buyers upgrade to pricier variants amid economic uncertainty

Rediff.com   3 Nov 2020

In September, sales of 125cc models - that include the Hero Glamour, Splendor, Pulsar 125, Victor Star City, among others - grew by a whopping 30 per cent over the same period a year ago to 305,615 units.

Covid has taken sheen off India's most exclusive clubs

Covid has taken sheen off India's most exclusive clubs

Rediff.com   28 Oct 2020

Few of these highly sought-after socialising and networking hubs are seeing much activity as regulars are missing in action.

Navratri: While car sales zoom, 2-wheelers trudge along

Navratri: While car sales zoom, 2-wheelers trudge along

Rediff.com   27 Oct 2020

Car deliveries during the nine-day period saw sharp year-on-year (double-digit increase for most automobile companies.

Bajaj Auto rides on Pulsar, KTM to soften pandemic blow

Bajaj Auto rides on Pulsar, KTM to soften pandemic blow

Rediff.com   25 Oct 2020

The maker of Pulsar and Discover reported a net profit of Rs 1,138.20 crore in the second quarter, compared to Rs 1,402.42 crore a year ago.

Finally, some good news for tourism sector

Finally, some good news for tourism sector

Rediff.com   25 Oct 2020

Goa, Kerala, Maldives and Dubai are among the popular destinations.