Skoda India is focusing on cleaner fuel options, including CNG and EVs, while compact SUV Kylaq drives volumes, expands first-time buyers and strengthens the brand in India's competitive market
Czech carmaker Skoda plans to bring more of its global nameplates into the Indian market as it looks to cater to a diverse set of customers, according to a senior company executive. The company, which now sells products in India ranging from over Rs 7 lakh to upwards of Rs 40 lakh, however, has no immediate plans to introduce electric cars in the country.
'Growth will definitely continue to come most from the sub-four-metre SUV segment, primarily because that is where the heart of economy and affordability is. Naturally, that will keep pushing the share of that segment (in overall PV sales) higher.'
Skoda India sees growth in automatics and network expansion as key drivers to reach 3 per cent market share, with EV plans and a new SUV also in the works.
'Sebi's measures are necessary to align the derivatives market with its underlying cash market, as the current disconnect is unsustainable.'
German carmaker Volkswagen will be driving in its two globally acclaimed performance models Golf GTI and Tiguan R-line in India as part of its steps to enhance brand positioning in the country, a senior company official said on Monday.
Arti Gupta went to the police when she learnt about the 'wedding' through social media as her husband Ashish Kumar Gupta -- a naib tehsildar posted in Maudaha tehsil of Hamirpur -- had not come home for almost four months.
'The problem is that the bubble may not only be in valuations, but also in investors' minds.'
Volkswagen Passenger Cars is targeting a volume sales growth of about 15 per cent in the country in 2024, even as it expects the Indian passenger vehicle (PV) industry to grow by 5-7 per cent in the current year, its India brand director, Ashish Gupta, said on Thursday. This means the company is expecting to grow 2-3 times faster than the Indian PV industry in 2024. But globally, the German automaker is expecting just 3 per cent rise in sales this year, down from 12 per cent last year.
Equity supply may hit Rs 6 trillion soon.
...But sales of domestic passenger vehicles dropped 2% to 3% year-on-year in August owing to low demand.
UBS stepping in to save Credit Suisse with a $3.2-billion acquisition has provided the beleaguered Swiss bank's India employees a glimmer of hope. The surprise deal - engineered by the Swiss government - has triggered optimism of fewer job losses at Credit Suisse's India unit and better synergies at key verticals, such as wealth management and investment banking. "UBS is a much stronger hand. Coming within its fold will give Credit Suisse's wealth management and investment banking divisions a good home.
German automotive giant Volkswagen (VW) has said it will focus on the premium sedan/sport utility vehicle (SUV) segment and avoid the mass hatchback segment. "Customers don't expect anything less than a premium product from VW. "Customers expect a certain level of quality and driving dynamics. We have to stay true to that DNA. "The day we go mass, customers will reject us," says Ashish Gupta, brand director, VW India.
Through a combination of local manufacture and imported CBU models, the company makes and sells four SUVs, one hatchback, and one sedan.
India-born designer Ashish Gupta showcased a fun collection at London Fashion Week.
'Our strategy is intact and our important pillars for India -- the SUV roll-out and the focus on the cost of ownership of a car -- remain in focus'
Amid a rush of sport utility vehicle sales, Volkswagen is betting on its premium mid-sized sedan - the Virtus - to gain market share in India. The Volkswagen Virtus is the second product under the India 2.0 project being developed on the MQB-A0 IN platform, with up to 95 per cent localisation levels. In February, the company registered an 84 per cent year-on-year growth in sales, primarily driving on the Taigun it launched last year.
Veteran designer Ashish Gupta brought on a bling blitz with style and humour while debutante Hema Kaul stood out with her classic lines.
These unicorns, or startups valued at over USD 1 billion, are across industries, beyond technology and tech-enabled sectors as well, like pharmaceuticals, and consumer goods, Credit Suisse India equity strategist Neelkanth Mishra told reporters in Mumbai.
As Chief Minister Yogi Adityanath seeks another shot at power in his first ever assembly election from Gorakhpur Urban, also underway is a silent re-branding of the Hindu Yuva Vahini, a radical outfit he established in 2002 when he was a parliamentarian, Sai Manish reports.
Check out the trends we spotted at the London Fashion Week.
Fashion designer Ashish Gupta's childhood fascination for crayons seems to have transcended on the London Fashion Week 2016 runway!
Want to make a career in financial services? Read on to learn more about the opportunities in the sector
Ashish Gupta, managing director, Helion Advisors, talks about his start-up experience and gives tips on how to succeed as an entrepreneur.
Three police teams have been formed to apprehend the 2 assailants who shot dead Akhil Gupta, a witness in the rape case against Asaram Bapu in Surat, on Sunday evening.
Listening -- really listening -- to advisers in the government and outside would help. India has plenty of wise economists who have worked within the bureaucracy during previous crises, points out Rahul Jacob.
The Special Investigation Cell constituted by Uttar Pradesh government has begun its probe into the 106 cases registered in connection with Muzaffarnagar riots that left 49 people dead.
Rediff reader Ashish Gupta shares his love story.
975 people have been arrested in connection with the violence in Muzaffarnagar, in which 40 people lost their lives, police said on Tuesday.
A Delhi court on Saturday granted bail to Chief Minister Arvind Kejriwal in a case of allegedly giving false information in an affidavit filed in the run up to 2013 assembly polls.
Volkwagen tells dealers in India to stop delivery of Polo
The most outrageous and least wearable looks from the recently concluded London Fashion Week.
Currently there is no standard ideal debt to equity ratio.
In an online chat with Get Ahead readers on August 13, Love Guru advised them on their relationship problems
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Under attack over the rape and murder of two Dalit cousin sisters, the Akhilesh Yadav government on Saturday suspended Badaun superintendent of police and decided to take action against the then district magistrate and undertook a massive rejig involving 66 Indian Administrative Service officials and 42 Indian Police Service officers.
Companies that are listed or are in the process of being listed, and have a net worth of at least Rs 500 crore, must adopt these standards from April 1, 2016.
The Central Bureau of Investigation has questioned T K A Nair, advisor to Prime Minister Manmohan Singh, in connection with alleged irregularities in allocation of coal blocks, which included granting of a block to Hindalco at Talabira despite it being rejected by a screening committee of the coal ministry.
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