Passenger vehicle wholesales in India touched a record high of 42,18,746 units in the financial year 2023-24, registering a year-on-year growth of 8.4 per cent on the back of robust demand for utility vehicles, industry body SIAM said on Friday. As per the latest data issued by the Society of Indian Automobile Manufacturers (SIAM), the overall passenger vehicle dispatches stood at 38,90,114 units in fiscal year 2022-23. Two-wheeler sales were up 13.3 per cent last fiscal at 1,79,74,365 units, as compared to 1,58,62,771 units in the financial year 2022-23.
'Though one cannot paint the entire microcap basket with the same brush, investors need to be careful now as to what they're buying.'
Actors share adorable moments with their mums on Mother's Day.
In a special series, we will put YOU to the test everyday!
Ahead of the festive season, several passenger and commercial vehicle manufacturers have agreed to offer discounts of 1.5-3 per cent on new vehicle purchase against scrapped old vehicles after a meeting with Union Minister Nitin Gadkari, an official statement said on Tuesday. The statement further said Mercedes Benz India has offered a flat discount of Rs 25,000, which will be over and above all existing discounts. Union Road Transport and Highways (RT&H) Minister Nitin Gadkari on Tuesday chaired a meeting with the SIAM delegation at Bharat Mandapam, where he addressed pressing issues in the automobile industry.
Kajal Agarwal's waxwork will be unveiled at Madam Tussauds in Singapore in February.
The Reserve Bank is unlikely to cut the benchmark interest rate in its forthcoming bi-monthly monetary policy review later in the week as retail inflation is still a cause of concern, and there is a possibility of the Middle East crisis deteriorating further, impacting crude oil and commodity prices, say experts.
A delegation of high-level executives from US public pension funds (non-profit and government sectors) is visiting India next week to assess and familiarise themselves with the investment opportunities in the country. These executives belong to various American states and cumulatively represent $1.8 trillion in assets under management (AUM) invested across the US and global markets. The United States (US) mission to India, which includes its embassy and consulates and the Department of Treasury, along with India's Ministry of Finance and the National Investment and Infrastructure Fund (NIIF), is hosting the delegation.
Film folk celebrate Holi with their families and make pretty pictures on social media.
Aditi shares beautiful pictures with her fiance from their Tuscany vacation.
The Rs 6,145-crore initial public offer of electric two-wheeler company Ola Electric Mobility got fully subscribed on the second day of bidding on Monday, driven by demand from retail investors and non-institutional investors. The initial share sale received bids for 49,43,63,610 shares against 46,51,59,451 shares on offer, translating into 1.06 times subscription, according to the NSE data.
Virender Aggarwal, chief of Satyam Computer Services, Asia Pacific, became the first Indian to receive the prestigious International Management Action Award of Singapore.
Kajal Aggarwal and her sister Nisha can easily be mistaken for twins in these pictures.
'Developers are into profit-making. And there's not too much money in the affordable segment.' 'So, they don't do affordable housing.'
The Union Public Service Commission exam results were announced today. The first two spots were taken by Shena Aggarwal and Rukmani Riar. Prince Dhawan from Mumbai came third.
The Ludhiana-born engineer is among the youngest entrepreneurs on TIME's 100 most influential people.
Tiger bares his fab body... Sunny is in a hurry... Malaika does yoga...
'In India, managers and the leadership almost glorify overworking.'
Short and sweet -- that was Amit Aggarwal's collection, showcased on the first day of the WLIFW. Here's a look.
Kartik takes BB to Kolkata...Ranveer sobers up...Kajol needs your help...
India's financial sector is dominated by large government-owned and private-sector banks.
'No one has been given a clean chit. The investigation is on and government agencies are searching for the main accused who is absconding'
Diana listens to music... Riya takes a selfie... Up close with Shamita...
Electric two-wheeler company Ola Electric Mobility will float its initial public offering (IPO) on August 2, and a significant part of the proceeds will be used for capacity expansion of its cell manufacturing plant and revving up R&D. The initial share sale will conclude on August 6, and the bidding for anchor investors will open for a day on August 1, according to the red herring prospectus (RHP).
The actress stars in her second Hindi film Special Chabbis, set to release on February 8.
Ola Electric share price strategy: The meteoric rise of Ola Electric share price has left analysts and investors bewildered. Yet, they suggest investors hold on to the stock as it remains a pure "momentum" play. Since its listing on August 9, the stock has surged 92 per cent (till August 19) over its issue price of Rs 76, taking its market capitalisation to a little over Rs 63,000 crore.
In a video message, Madhukar's lawyer AP Singh claimed that his client had surrendered in Delhi, where he was undergoing treatment.
Low cost carrier SpiceJet on Monday announced the appointment of Sanjay Aggarwal as its chief executive officer. Prior to this, Aggarwal was working with private air travel services provider Flight Options as chief operating officer and chief strategy officer, a company statement said.
Olympian Neha Aggarwal and Soumi Mondal moved into the semi-finals after thumping victories in the table tennis competition at the Commonwealth Youth Games in Pune on Wednesday. In the boys' singles, sixth seed Soumyajit Ghosh and Sathiyan Gnanasekaran also stormed into the semi-final league.
Many interesting films with A-Listers line up for release in June.
Passenger vehicles wholesales in India rose 1.3 per cent year-on-year to 335,629 units in April, automobile industry body SIAM said on Tuesday. The passenger vehicle (PV) dispatches from companies to dealers stood at 331,278 units in April 2023.
Indian real estate market remained buoyant in January-June this year, with housing sales hitting an 11-year high at 1.73 lakh units and office demand at a record 34.7 million square feet across eight major cities, according to Knight Frank. On an annual basis, housing sales rose 11 per cent to 173,241 units while leasing of office space grew 33 per cent to 34.7 million square feet during January-June this year across eight major cities. Shishir Baijal, chairman and managing director, Knight Frank India, said, "India's real estate market has been buoyant in the last few quarters owing to the strong economic fundamentals and stable socio-political conditions."
Rifleman Adarsh Negi spoke to his father over the phone on Sunday. The next day, Dalbir Singh Negi got another call, informing him about his son's death in the terror attack in Jammu and Kashmir's Kathua.
The Telugu film industry reaches out to Chennai.
Rau's felt the need to be where the action was.
The institute that once drew largely elite students also decided to expand its base and cater to a wider pool.
For over a decade, HDFC Bank consistently outperformed industry growth rates in both deposits and advances, maintaining impeccable asset quality. Amid a landscape where other banks struggled with soaring non-performing assets (NPAs), HDFC Bank thrived, eventually surpassing ICICI Bank to become the largest private sector lender in India. Its net interest margin (NIM) remained stable in the range of 4.1-4.4 per cent.
Passenger vehicle wholesales in India rose 11 per cent year-on-year in February, as sports utility vehicles continued to steer demand in the market, industry body SIAM said on Tuesday. The total passenger vehicle dispatches to dealers last month stood at 370,786 units, as compared to 334,790 units in the year-ago period.
The Enforcement Directorate (ED) on Tuesday levelled fresh allegations of corruption against the Aam Aadmi Party, saying a former Delhi Jal Board chief engineer had 'transferred' Rs 2 crore of bribe money to his colleagues in the department and the ruling party in Delhi as election funds.
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