Macroeconomic data announcements, the last batch of Q1 earnings and global trends are the major factors that would influence trading sentiments in the equity market in a holiday-shortened week ahead, analysts said. Besides, trading activity of foreign investors would also be a crucial factor in dictating movement in the market. Equity markets would remain closed on Thursday for Independence Day.
India's largest two-wheeler maker by volume - Hero MotoCorp (Hero) - posted a better-than-expected operating performance in the January-March (fourth quarter, or Q4) quarter of 2022-23 (FY23). Riding on higher average selling prices which were up 5 per cent year-on-year (YoY) and volume growth of 7 per cent, the company registered a 12 per cent growth in revenue to Rs 8,306 crore. The company sold 127,000 units in the quarter, largely driven by domestic sales which were up 11.6 per cent, while exports saw a sharp fall of 57 per cent over the year-ago quarter.
The first luxury car will be launched in the first quarter of 2025 and the company is planning to open 12 'MG Select' showrooms in the next six months.
If the index is unable to sustain above 24,500 levels, technically it can then slip to its 200-DMA placed at 23,365 levels.
The British Grand Prix was scheduled for Silverstone on Aug. 30 while the Australian round had been due at Phillip Island on Oct. 25.
Firecrackers were burst outside the CM's residence after his release from the Tihar Jail on Friday evening. The Aam Aadmi Party workers had gathered to welcome their leader.
Midcap stocks Hero MotoCorp, Zydus Lifesciences, JSW Energy, NHPC, Bharat Heavy Electricals, Bosch, and Samvardhana Motherson are expected to earn upgrades.
Frenchman Quartararo's victory was also the first for Petronas Yamaha as he finished ahead of Yamaha's Maverick Vinales in second, while Ducati's Andrea Dovizioso finished third.
Except the battery that charges faster, the Moto G Turbo, at Rs 14,500, doesn't make up for a compelling upgrade, if you already own a Moto G device, says Himanshu Juenja
Ashish Narsale/Rediff.com brings you the pros and cons.
Four times MotoGP world champion Marc Marquez drove a Formula One car for the first time at the Red Bull Ring in Austria on Tuesday but said his focus remains firmly on two wheels for the next few years at least.
If its gamble of modular accessories pays off, Moto Z could become a trendsetter
Industry leaders on Thursday mourned the death of Ratan Tata saying with his demise India has lost a visionary who shaped its industrial and philanthropic landscape. Tata was a truly remarkable business leader who placed the country before business interests, and whose vision was truly transformational for a country and its people, TVS Motor Co Chairman Emeritus Venu Srinivasan said in a statement. "Mr Tata was a truly remarkable business leader, the likes of whom nations get only once in a century," he added.
During the first eight months of CY24, 50 IPOs mobilised Rs 53,453 crore.
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.
The environment ministry is likely to soon issue regulations that will mandate automakers to recycle a specified percentage of steel from old vehicles, starting from the next financial year, according to people familiar with the matter. "We recently held a meeting with members of the Society of Indian Automobile Manufacturers (Siam). "The final regulations are likely to be issued in the next 10 days," a government source informed.
It has been seven months since the iconic motorcycle manufacturers, Harley-Davidson and Triumph, embarked on their journey in India with the backing of partners Hero MotoCorp and Bajaj Auto. According to data shared by the Indian majors, both brands are already creating ripples in the above 350cc category. The increase in sales has prompted a ramp-up in production and even the doubling of retail touchpoints for one of them.
Alex Marquez celebrated a first MotoGP win -- even if only virtually -- in a '#StayAtHomeGP' esports race featuring 10 top riders including older brother and six-time world champion Marc.
Indian companies also hold a considerable share of the car, bus, and three-wheeler markets in the country.
After the runaway success of Moto X and Moto G, Motorola plans to beat the budget smartphone market hollow with the launch of Moto E for just Rs 7,000. Home grown budget brands, beware!
Marc Marquez retained his MotoGP title with a fighting second place finish in the Japanese Grand Prix on Sunday, the dominant Spaniard securing a fourth global title in five years at his Honda team's home Motegi circuit.
Oliveira leaves it late to snatch win at Styrian Grand Prix.
In addition to new launches and restructuring across product segments, festival demand also aided growth.
Whether it's Carrefour, Ford, or other foreign majors, they are ready to adjust their strategies and design their plans in a way that would address the Indian consumption story.
Spanish Moto2 rider Luis Salom has died after crashing during a free practice session at the Catalunya Grand Prix, world championship organisers said on Friday. "Following an incident during today's Moto2 Free Practice 2 at the Circuit de Barcelona-Catalunya, it is with great sadness that we have to report the passing of Luis Salom (SAG Team)," MotoGP said in a statement. Salom, 24, was taken to a hospital after the crash where he underwent surgery.
Marc Marquez and Suresh Raina rode around the Buddha International Circuit in a Royal Enfield Classic with a sidecar.
Bengaluru-headquartered electric two-wheeler manufacturer Ather Energy is all set to file its draft red herring prospectus within the second week of September to the Securities Exchange Board of India (Sebi) for its maiden initial public offering (IPO), in which it is expected to raise over $450 million. On Tuesday, the fourth-largest electric two-wheeler maker in the country by volume raised Rs 600 crore from its existing investor, the National Investment and Infrastructure Fund (NIIF), catapulting itself into a unicorn with a valuation of $1.3 billion.
Mutual funds' largecap investment universe is expected to see seven changes in the upcoming stock reclassification exercise by the Association of Mutual Funds in India (Amfi). According to a report by IIFL Securities, Hero MotoCorp, Zydus Lifesciences, JSW Energy, NHPC, Bharat Heavy Electricals, Bosch and Samvardhana Motherson are expected to earn upgrades in the revised list of largecap, midcap and smallcap stocks set to be released in the first week of July. Amfi revises the list at the start of January and July every year based on the previous six-month performance of the stock.
And it's much cheaper than Google Pixel 2!
The National Commission for Women (NCW) has claimed that Delhi Chief Minister Arvind Kejriwal's former aide Bibhav Kumar, who has been accused of abusing Aam Aadmi Party MP Swati Maliwal, was called to the chief minister's residence after she reached there and sought details on whose direction was he called.
Reuters reported earlier this week that the Competition Commission of India (CCI) has sent a warning notice to the companies expressing concern that the merged entity will effectively have a monopoly on cricket broadcast rights worth billions of dollars, allowing it to squeeze advertisers.
Automobile (auto) retail sales in India grew by an impressive 14 per cent in July compared to the same period last year, driven by a surge in the rural economy, good product availability, and product launches. While passenger vehicles (PVs) saw a 10 per cent increase during this period, inventory levels have surged to a historic high of 67-72 days in PVs, equating to Rs 73,000 crore worth of stock, according to the Federation of Automobile Dealers Associations (Fada). This poses a risk to dealer sustainability. Inventory levels in July 2023 were only 50-55 days, equating to a stock worth Rs 49,833 crore. In June 2024, inventory was between 62 and 67 days, with a stock value of Rs 60,000 crore.
Motorola's latest budget offering, Moto G Turbo edition, goes on sale in India, on Flipkart, December 10. Himanshu Juneja tells you what to expect from this Rs 15k, 4G-enabled smartphone.
Overall, at Rs 12,999, Moto G 3rd Gen is an impressive device that can emerge to be a winner in the segment.
The phone has a big 5.5-inch screen, a great move for those who like watching movies and streaming videos.
The game is a disappointment for a full-retail game. At times, it feels like you're testing a beta, says Kakoli Chakraborty.
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.
With a shatter-proof display, the Moto X Force is a rugged warrior.
'He was an artiste who loved to eat, laugh and have a good time,' says the actor.
A look at the hottest bikes that are burning the rubber at the ongoing MotoGP 2014