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.
The denial rate jumped from 4% to 41% for Tech Mahindra, from 6% to 34% for TCS, from 7% to 53% for Wipro and from just 2% to 45% for Infosys.
All of south Mumbai and parts of central Mumbai are without power on Tuesday after a unit of Tata Power tripped.
Almost every company launched a new product in FY16.
For deciding which vehicles are to be scrapped, the setting up of fitness centres and regulating them would be a humongous task.
The measures government takes next to push economic growth will be the key for automotive sector
TUV300 will take on the likes of Ford EcoSport and Renault Duster that are priced between Rs 7.88 lakh and Rs 13.54 lakh.
Mahindra & Mahindra's ambitious foray in the United States, a first by an Indian automobile company, is to take place by the year-end, with the launch of a couple of compact diesel-driven, pick-up truck models.
Mahindra & Mahindra, which has been aggressively trying to make inroads in the 7.3 million units per year motorcycle market with the help of Bollywood actor Aamir Khan, has failed to create much excitement, with sales slipping 36 per cent last month from the previous one.
What technologies do you fancy in your new car? Here are some popular cars in India with the most sought after technologies.
The government has been waiting for the expansion by the private sector, Finance Minister Nirmala Sitharaman said while reminding India Inc of various measures including corporate tax rate cut, policy consistency, ease of doing business, among others to facilitate investment.
Maruti, Honda and Tata Motors posted highest sales growth during the month
Maruti Suzuki India and Tata Motors reported decline in sales during June this year.
Parts of electric cars are costlier and repairing often means replacing an entire system, which drives insurance premium rates up.
During May, Maruti Suzuki's domestic car sales were up 2.59 per cent at 87,402 units as against 85,190 units in the same month last year.
Mahindra aims to sell in excess of 50,000 units combined annually in that country.
Irrespective of demonetisation and GST blues, IIM Lucknow has been able to successfully place their batch of 459 students.
Later Mahindra Satyam said its board of directors has allotted 19.86 crore additional shares to Venturebay, which would take Tech Mahindra's stake to approximately 43 per cent of the outstanding share capital. A Tech Mahindra spokesperson said after the preferential allotment Venturebay's stake in Mahindra Satyam would be 42.7 per cent.
While directly holding city-based utility vehicle and tractor major Mahindra & Mahindra responsible for a potential job loss to the tune of 8,300 in the United States, its former partner Global Vehicles has called for stricter actions.
The entire range of Hyundai's diesel cars - from compact ones to SUV models, including the soon-to-be-launched Aura - will be eco-friendly.
The automobile maker entered the passenger car segment last year with only one model, but failed to impress the market. It is now banking on new launches to boost sales.
While some carmakers are lowering their sales targets, Maruti Suzuki DZire, M&M XUV500 and Renault Duster are selling strong.
There was no sale of premium sedan Kizashi during the month.
Maruti Suzuki is the big exception, with double-digit surge in volume
Declining motorcycle sales remained a cause of worry.
India wasn't applying widespread crash testing like foreign countries do, so manufacturers didn't see the need for an investment focus on safety. Customers rarely walked into showrooms asking for the safest car. They wanted the cheapest or the most fuel-efficient or the best-looking car.
These companies had threatened to leave Maharashtra and invest in other states when the state government had brought amendments to the Maharashtra VAT Act with effect from April 1, 2011, and made net sales the basis for VAT set-off claims.
While the denial rate has dropped slightly to 21 per cent in 2019 from 24 per cent in 2018, the National Foundation for American Policy has said it is much higher for Indian IT companies like Tata Consultancy Services (TCS) and Wipro and very low for American companies like Amazon and Google. For instance, the denial rate for TCS and Infosys in 2019 was 31 per cent and 35 per cent respectively, whereas for Wipro it was 47 per cent and 37 per cent for Tech Mahindra. On the other hand, the denial rate for the new H-1B petitions in 2019 was just four per cent each for Amazon and Google. The denial rate for Microsoft during the same period was six per cent, and Facebook along with Walmart was just three per cent each.
From offering office premises that can be converted into isolation wards to earmarking funds to be used for procuring kits, ventilators as well as personal protective equipment for health care workers, India Inc has put a united front to combat the unprecedented crisis facing the country.
Seeking stringent action against the perpetrators of the Pulwama attack, India Inc said 'now we have to make sure that the world knows that they can't mess with us'.
Mahindra & Mahindra Ltd is to pick up a majority stake in US-based Bristlecone Inc, an enterprise resource planning company, through a new overseas joint venture company with an investment of up to $7 million.
In the first 4 months of CY17, Honda has sold 14% more units than Tata Motors
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
During April, Maruti Suzuki India's domestic car sales were up 2.72 per cent at 86,481 units, as against 84,188 units in the same month last year.
The vehicles affected by the recall are manufactured between September 2011 and July 2014.
Broader market outperformed the frontline indices with the Smallcap and Midcap gaining up to 1%
After sinking 586 points during the day, the 30-share index ended 503.62 points, or 1.29 per cent, lower at 38,593.52. The broader NSE Nifty plunged 148 points, or 1.28 per cent, to 11,440.20.
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