Search results for ' AUTO'

Ujjain rape: Auto driver tries to escape, 2 policemen hurt in scuffle

Ujjain rape: Auto driver tries to escape, 2 policemen hurt in scuffle

Rediff.com28 Sep 2023

Police have taken into a custody an autorickshaw driver in connection with the rape of a girl, who was found bleeding on a street in Madhya Pradesh's Ujjain city, and five others are also being questioned in the case, a senior official said on Thursday.

Dhoni Beats Bachchan, SRK!

Dhoni Beats Bachchan, SRK!

Rediff.com5 Dec 2024

Dhoni endorses 42 brands to Bachchan's 41 and SRK's 34.

PIX: For Mumbaikars election day is selfie day!

PIX: For Mumbaikars election day is selfie day!

Rediff.com20 Nov 2024

Mumbai, infamous for its voter apathy, stepped out to exercise its franchise on Wednesday.

Auto retail sales soar to record high in Nov: FADA

Auto retail sales soar to record high in Nov: FADA

Rediff.com6 Dec 2023

Automobile retail sales in India rose to a record high in November, aided by the best ever monthly performance across passenger vehicle and two-wheeler segments, dealers' body FADA said on Wednesday. The overall retail sales stood at 28,54,242 units last month, 18 per cent higher over 24,09,535 units in November 2022. Passenger vehicle (PV) retail sales rose to 3,60,431 units as compared to 3,07,550 units in the year-ago period, registering a growth of 17 per cent.

Motown in slow lane; auto sales dip 7.73% in Oct: FADA

Motown in slow lane; auto sales dip 7.73% in Oct: FADA

Rediff.com6 Nov 2023

Retail sales of automobiles in the domestic market saw a 7.73 per cent year-on-year decline in October this year at 21,17,596 units, mainly due to dip in two-wheeler uptake with the inauspicious period of Shraddh affecting new purchases, the Federation of Automobile Dealers Associations (FADA) said on Monday. Retail sales of automobiles in the domestic market stood at 22,95,099 units in October 2022, FADA said in a statement. Two-wheeler retail sales were at 15,07,756 units last month, as against 17,25,043 units in the year-ago period, down 12.60 per cent, as per the latest data by FADA.

Check Out Mahindra's BE 6e, XEV 9e

Check Out Mahindra's BE 6e, XEV 9e

Rediff.com29 Nov 2024

It's a bird, it's a plane, it's the new electric SUVs from Mahindra! Rajesh Karkera and Hitesh Harisinghani/Rediff.com describe the futuristic BE 6e and XEV 9e.

Honda Motorcycle and Scooter launches Activa in electric avatar

Honda Motorcycle and Scooter launches Activa in electric avatar

Rediff.com27 Nov 2024

Honda Motorcycle and Scooter India (HMSI) on Wednesday forayed into the fast-growing domestic electric mobility market with the introduction of e-scooters, ACTIVA e: and QC1, with swappable and fixed batteries. With this, the Japanese two-wheeler maker will now be competing with other legacy players such as Bajaj Auto, Hero MotoCorp, TVS Group as well as pure EV players like Ather and Ola, who already have a good presence in the segment, which is growing at 34 per cent year-on-year.

Kia Sonet: A Facelift for an Urban Favorite

Kia Sonet: A Facelift for an Urban Favorite

Rediff.com30 Sep 2024

While the exterior has undergone minor refinements, the real improvements lie within, notes Rajesh Karkera/Rediff.com.

Trade on road to recovery but Indian firms tread cautiously

Trade on road to recovery but Indian firms tread cautiously

Rediff.com12 Oct 2024

Truck movements across the India-Bangladesh border are on the rise, with increasing rentals signalling a trade recovery between the two South Asian nations. Yet, geopolitical tension looms large, with Bangladesh now under an interim government for nearly two months.

Festival season may not add zing to portfolios

Festival season may not add zing to portfolios

Rediff.com16 Sep 2024

Automobile, apparel and electronics are among sectors that see a sales boost during the festival season, a time when investors expect gains in related stocks. This year could be different: Analysts have factored in all positives and do not expect such stocks to deliver lucrative returns. "Indian households spend across sectors like automobiles, consumer durables, and consumer staples during the festival season.

Motown in slow lane: Sales of top 3 automakers down

Motown in slow lane: Sales of top 3 automakers down

Rediff.com1 Oct 2024

Maruti Suzuki, Hyundai and Tata Motors reported a decline in wholesales in September as the companies curtailed dispatches to dealers to reduce inventory build-up amid a decline in demand. Maruti Suzuki India reported a 4 per cent dip in total domestic passenger vehicle wholesales last month to 144,962 units compared to 150,812 units in the year-ago month. The auto major said sales of mini segment cars, comprising Alto and S-Presso, grew marginally to 10,363 units against 10,351 units in September 2023.

Why Muslims Prefer This BJP Candidate

Why Muslims Prefer This BJP Candidate

Rediff.com19 Nov 2024

Will Hindus not vote for a Muslim candidate? Is that why such few Muslims are given tickets? Two constituencies in Mumbai break prevalent stereotypes about these difficult questions.

Auto, Health Insurance Queries Answered

Auto, Health Insurance Queries Answered

Rediff.com1 Jul 2022

Roopam Asthana, CEO and whole-time director, Liberty General Insurance Ltd, answers your queries on HEALTH insurance and AUTO insurance.

IT, auto stocks push Sensex over 500 points

IT, auto stocks push Sensex over 500 points

Rediff.com22 Feb 2024

In the Sensex pack, HCLTech rose the maximum by 3.12 per cent, followed by ITC which gained 2.73 per cent and M&M went up 2.61 per cent. TCS climbed 2.44 per cent. Tech Mahindra, Wipro, L&T and Maruti were among the other major gainers.

Ola Electric rides into gig segment

Ola Electric rides into gig segment

Rediff.com27 Nov 2024

With India's gig economy projected to double in size, reaching over 10 million workers in the coming years, Ola Electric unveiled its new line of budget-friendly e-scooters, starting at under Rs 40,000. The market responded positively, with Ola Electric's stock rising by 5.67 per cent, closing at Rs 73.47 on the BSE.

Street cheers auto volume data amid interest rate, chip crunch concerns

Street cheers auto volume data amid interest rate, chip crunch concerns

Rediff.com11 Apr 2023

The automobile sector is considered a good indicator of economic health. It has a very long value chain, from primary materials, like metals, glass and plastic, to value-added high-end electronic components, specialised alloys, and software.

Equity NFO pipeline remains strong despite mkt weakness

Equity NFO pipeline remains strong despite mkt weakness

Rediff.com6 Nov 2024

The equity market's recent downturn appears unlikely to slow the brisk pace of mutual fund (MF) scheme launches, at least in the coming weeks. Last month, fund houses introduced 21 new equity schemes, with another five launches already lined up for November. The number of filing with markets regulator, Securities and Exchange Board of India (Sebi), suggests this momentum will continue with asset management companies (AMCs) seeking approval for 21 more equity schemes in October.

Tracing the journey of auto industry pioneer Keshub Mahindra

Tracing the journey of auto industry pioneer Keshub Mahindra

Rediff.com12 Apr 2023

Mahindra & Mahindra chairman emeritus Keshub Mahindra passed away this morning in Mumbai due to old age. Mahindra, 99, breathed his last this morning at home peacefully, said a person close to the family. After joining the company in 1947, he became the chairman in 1963.

Podium finish for Shinde, settles for silver

Podium finish for Shinde, settles for silver

Rediff.com5 Dec 2024

Eknath Shinde, a former auto-rickshaw driver, has emerged as a key leader in Maharashtra, culminating in his appointment as Deputy Chief Minister. His journey from a Shiv Sena rebel to a dominant figure in the state's politics is a testament to his resilience and political acumen. He gained popularity for his pro-people stance and his contributions to infrastructure projects and social welfare schemes, solidifying his position as a powerful player in the Mahayuti alliance.

Will RBI Governor Shaktikanta Das get an extension?

Will RBI Governor Shaktikanta Das get an extension?

Rediff.com4 Dec 2024

The December meeting of the Reserve Bank of India's (RBI's) six-member Monetary Policy Committee (MPC) will start on Wednesday even as there is no clarity on whether Governor Shaktikanta Das, the chair of the panel, will continue in office after his term ends next week. The outcome of the meeting will be announced on Friday by Das at 10 in the morning.

8 Tips to Crack Campus Placements

8 Tips to Crack Campus Placements

Rediff.com9 Dec 2024

Consistent preparation with the right skillset and good communication skills are important to crack any campus interview, says rediffGURU Professor Suvasish Mukhopadhyay.

Sensex surges 376 points; auto, IT shares advance

Sensex surges 376 points; auto, IT shares advance

Rediff.com16 Feb 2024

Wipro was the biggest gainer in the Sensex chart, rising 4.79 per cent, followed by M&M, L&T, Tata Motors, Maruti, Infosys, Nestle India and IndusInd Bank.

Sensex ends up 635 pts on buying in auto, IT stocks

Sensex ends up 635 pts on buying in auto, IT stocks

Rediff.com27 Oct 2023

Equity benchmark indices Sensex and Nifty on Friday reversed their six-session losing streak and rebounded more than 1 per cent on value buying in auto, IT, financial and energy stocks. Better than expected quarterly financial results of corporates also boosted investor sentiments even as uncertainties persisted over the escalating tensions in the Middle East, according to analysts. In a largely range-bound trade, the 30-share BSE Sensex rose 634.65 points or 1.01 per cent to settle at 63,782.80 points.

Customs duty exemption on lithium, cobalt to aid growth of EV sector

Customs duty exemption on lithium, cobalt to aid growth of EV sector

Rediff.com23 Jul 2024

The proposed exemption in customs duty on import of lithium, cobalt and other rare minerals in the Union Budget 2024-25 is likely to lower the battery production cost and help in making electric vehicles more affordable for the buyers, auto industry leaders said on Tuesday.

IL&FS group resolves debt of Rs 38,082 cr as of Sep-end

IL&FS group resolves debt of Rs 38,082 cr as of Sep-end

Rediff.com6 Nov 2024

IL&FS group has discharged debt of Rs 38,082 crore to its creditors as of September 30, 2024, according to the latest status report affidavit filed by the debt-ridden firm before insolvency appellate tribunal NCLAT. "As on September 30, 2024, the total debt discharged to creditors of the Respondent No 1 (IL&FS) Group aggregates to Rs 38,082 crore," the status report said. This includes Rs 20,289 crore from monetisation of assets, Rs 8,140 crore from auto-debits, green entity principal servicing, NFB release and Rs 9,653 crore from interim distribution.

We Are In An Era Of Puppets And Puppeteers

We Are In An Era Of Puppets And Puppeteers

Rediff.com31 Dec 2024

'As we enter 2025, it must be acknowledged that there is a convergence of capital, influential people (from business and politics) and technology deciding the destiny of others in the name of pride, patriotism, nationalism, nation building, all of it thinly veiled disguises for personal profit and glory,' asserts Shyam G Menon.

Bangladesh Crisis: India's Two Wheelers Cos To Take Hit

Bangladesh Crisis: India's Two Wheelers Cos To Take Hit

Rediff.com10 Aug 2024

Indian companies also hold a considerable share of the car, bus, and three-wheeler markets in the country.

Prosperity Is Not India's Birth Right

Prosperity Is Not India's Birth Right

Rediff.com30 Nov 2024

If growth reverts to the pre-Covid level, a lot of people may have to temper their rosy optimism, points out Debashis Basu.

Markets turn topsy-turvy; Sensex, Nifty slump nearly 1%

Markets turn topsy-turvy; Sensex, Nifty slump nearly 1%

Rediff.com4 Oct 2024

From the 30 Sensex firms, Mahindra & Mahindra, Bajaj Finance, Asian Paints, Nestle, Bharti Airtel, UltraTech Cement, Hindustan Unilever, ITC, and HDFC Bank were the major laggards. In contrast, Infosys, Tech Mahindra, Tata Motors, Axis Bank, Tata Consultancy Services and State Bank of India were among the gainers.

Maruti to launch Made in India SUV Fronx in Japan

Maruti to launch Made in India SUV Fronx in Japan

Rediff.com14 Aug 2024

Maruti Suzuki India on Tuesday said it has commenced export of its sports utility vehicle Fronx to Japan. The first consignment of over 1,600 vehicles left for Japan from Gujarat's Pipavav port, the country's largest carmaker said in a statement. Fronx will be the first SUV from Maruti Suzuki stable to be launched in Japan, it added.

Did You Know About Tatas' China Link?

Did You Know About Tatas' China Link?

Rediff.com17 Oct 2024

The Tata Group is one of the very few Indian MNCs which has carved out a niche in China's highly competitive market, notes Rup Narayan Das.

Will popular Jat face Kailash Gahlot's exit hurt AAP in Delhi polls?

Will popular Jat face Kailash Gahlot's exit hurt AAP in Delhi polls?

Rediff.com17 Nov 2024

Kailash Gahlot, a key minister in the Aam Aadmi Party (AAP) government in Delhi, has resigned, potentially impacting the party's ambitious plan to roll out a Rs 1000 monthly honorarium scheme for women ahead of the Assembly polls in February. Gahlot, who represented the Jat-dominated Najafgarh constituency in West Delhi, cited several issues, including the "Sheeshmahal" controversy over his former official residence, the Delhi government's tussle with the Centre, and the failure to clean the Yamuna River, in his resignation letter. Delhi BJP leaders welcomed Gahlot's resignation, fueling speculation that he could join the party before the assembly polls. However, AAP leaders claimed Gahlot resigned due to pressure from central agencies, including the Enforcement Directorate, and that joining the BJP was his last option. Gahlot's resignation has sparked speculation about his future and the impact it will have on the AAP's electoral prospects.

Tough Fight For Mumbai's 'Muslim Leader'

Tough Fight For Mumbai's 'Muslim Leader'

Rediff.com18 Nov 2024

'In this assembly election, Muslims here will vote for one who works, but also one who safeguards their identity.' 'Their existence is more important they feel, than a faulty light meter. So yes, a Muslim representative will make a difference.'

What's Stalin Doing At A Kalyanam?

What's Stalin Doing At A Kalyanam?

Rediff.com23 Oct 2024

What some of our politicians were up to.

Lorries Being Gifted This Wedding Season!

Lorries Being Gifted This Wedding Season!

Rediff.com27 Nov 2024

Another trend: A preference for coloured diamonds among brides, who are pairing them with their groom's birthstone. So, along with yellow or white diamonds, they are choosing pink, green, blue sapphires, emeralds or red rubies.

Credit card delinquencies rise even as retail credit growth moderates

Credit card delinquencies rise even as retail credit growth moderates

Rediff.com24 Sep 2024

Balance-level delinquencies in the credit card segment saw a 17 basis points (bps) year-on-year (Y-o-Y) rise in the quarter ending June 2024 (Q1FY25). In all other credit segments, including personal loans, delinquencies declined even as retail credit growth moderated, consequent to banks tightening the supply of credit to the unsecured segments, a report by TransUnion CIBIL said on Monday. Data shows that balance-level delinquencies, measured in terms of 90 days or more past due, in the credit card segment stood at 1.8 per cent in Q1FY25- highest among all other credit segments.

Trent may replace Bajaj Finserv in Sensex rejig in December

Trent may replace Bajaj Finserv in Sensex rejig in December

Rediff.com24 Sep 2024

Bajaj Housing Finance Ltd's impressive stock market debut has brought cheer to the 100-year-old Bajaj Group, but the conglomerate faces the prospect of Bajaj Finserv being removed from the benchmark Sensex index. According to market expectations, Trent, a Tata group-owned fashion retailer, is likely to replace Bajaj Finserv during the upcoming index rebalancing in December.

Bajaj looks to pip TVS to second spot in e2W mkt

Bajaj looks to pip TVS to second spot in e2W mkt

Rediff.com2 Sep 2024

The country's legacy two-wheeler giants - Bajaj Auto and TVS - are fighting a neck-and-neck battle for market share, with the former threatening to dislodging its rival soon. The Pune-based giant, which was trailing far behind TVS just two months ago in e-two-wheelers (e2Ws), has upped the ante. It has increased its market share based on Vahan registrations from 11.6 per cent in June (when it sold only 9,046 electric two wheelers) to 19.3 per cent (when it sold 14,977 this month till August 30).

Maruti, Hyundai report muted sales in October

Maruti, Hyundai report muted sales in October

Rediff.com1 Nov 2024

Auto majors Maruti Suzuki India and Hyundai reported muted sales performance in October as the companies curtailed dispatches to dealers in order to cut inventory build up.

New York Labor Day Parade Was A Spectacle!

New York Labor Day Parade Was A Spectacle!

Rediff.com9 Sep 2024

Thousands of workers of every description -- from journalists to steel workers, from painters to New York cops, from auto to engineering workers -- marched for two hours down 5th Avenue one of Manhattan's most iconic thoroughfares, reports Jyoti Punwani.