Hero promoters, the Munjals, have an agreement for sourcing technology and two-wheeler models from Honda till 2014.
The Italian emerged the winner after his main championship rival Sete Gibernau went off the track at the last corner.
Ducati's Enea Bastianini claimed his first race victory of the season when he won the Malaysian Grand Prix ahead of Gresini's Alex Marquez on Sunday, while Jorge Martin failed to close the gap on championship leader Francesco Bagnaia.
Ola Electric's initial public offering (IPO), of Rs 5,500 crore, is essentially aimed at ensuring the company maintain its top position in the electric two-wheeler segment, with incumbent players TVS and Bajaj Auto giving a fight to the number one player in market share. Most experts and competitors say the amount being raised is in line with the investment required to expand the electric-vehicle (EV) business. There are two discernible trends in the competitive electric two-wheeler market.
The US Federal Reserve's interest rate decision, global cues, macroeconomic data announcements and the ongoing quarterly earnings are the major triggers that will dictate trends in stock markets this week, analysts said. Besides, the trading activity of foreign investors and the movement of global oil benchmark Brent crude will also be tracked. "All eyes are on the outcome of the US Federal Reserve meeting scheduled for November 1, particularly due to the multi-year high levels of the US bond yields.
The rally in the equity markets in the second half of 2023 has led to a sharp surge in the cutoff for stocks to qualify as largecaps and midcaps. On the latest list put out by the Association of Mutual Funds in India (Amfi), the smallest largecap stock now has a market capitalisation (m-cap) of Rs 67,000 crore, 35 per cent higher than in July 2023. In the case of midcaps, the cutoff has surged 26 per cent to Rs 22,000 crore.
For the past 15 days, workers at the Hero factory have been wearing black arm-bands and abstaining from tea within the premises.
Automobile manufacturers are likely to report strong numbers for the September quarter of Financial Year 2023-24 (Q2 FY24), riding on growth across segments and offset by a marginal drop in overall two-wheeler (2W) volumes. Higher average selling price (ASP) year-on-year (YoY), which was necessitated by price hikes taken by original equipment manufacturers (OEMs), and an improved product mix will also aid revenues and margins. Moreover, commodity prices are down on a YoY basis, leading to higher margins in earnings before interest, taxes, depreciation and amortisation (Ebitda).
'We are working on both electric scooters and motorcycles.'
Honda's former world champion Nicky Hayden set the pace on the final day of MotoGP's official pre-season test at the Jerez circuit in southern Spain on Monday. The American, who lost his crown to Ducati's Australian Casey Stoner last season, clocked the fastest time of the test with a lap of one minute 38.848 seconds at the end of the afternoon.
Spanish world champion Marc Marquez became the first man in 17 years to win 10 consecutive MotoGP races when he rode to a comfortable victory at Indianapolis on Sunday.
Briton Danny Webb and German Marcel Schrotter will represent the new Mahindra teamn in the first race of the FIM Road Racing World Championship (MotoGP) at Qatar in March.
2023 was marked by outstanding sporting achievements, shattered records, and the crowning of new champions, all captured by photographers documenting every significant twist and turn.
Motorola has given just one buying option to a consumer which is sort of a walled gardened approach at a time when all of Motorola's competitors are selling their products via multiple online shopping portals and physical stores.
MotoGP world champion Valentino Rossi has been cleared to race in this weekend's German Grand Prix, six weeks after breaking his leg, his Yamaha team said on Thursday. The 31-year-old Italian was examined by circuit chief medical officer Huber Fischer at the Sachsenring and deemed fit enough to compete.
Spaniard Dani Pedrosa denied compatriot Jorge Lorenzo a fourth win in a row at the German MotoGP on Sunday while world champion Valentino Rossi narrowly missed a podium finish on his return from a broken leg.
Notwithstanding concerns about lofty valuations, smallcaps recorded their most significant monthly gain in nearly three years in November. The National Stock Exchange Nifty Smallcap 100 finished the month with a 12 per cent gain, the most since February 2021 when it rose by 12.2 per cent. After declining by 4.1 per cent in the preceding month, the Nifty Midcap 100 rose by 10.4 per cent, the most since July 2022.
If a 15 seconds-long mic problem merits a case being registered, then the police risk an avalanche of complaints of similar and greater gravity, seeking their intervention, notes Shyam G Menon.
Twice MotoGP world champion Casey Stoner said on Thursday he had lost his love for the sport and would retire at the end of the 2012 season.
MotoGP leader Valentino Rossi extended his advantage over Yamaha team mate Jorge Lorenzo by winning the San Marino Grand Prix in front of his home crowd on Sunday. World champion Rossi, now 30 points clear of the Spaniard with four races left, started on pole for the first time at Misano but quickly dropped down to fourth before battling back up to first where he then sped away from the field.
Indian two-wheeler giant Hero MotoCorp Limited (HMCL) was on Monday named the title sponsor for the men's and women's hockey London Olympic qualification tournament, the first of which will be held in Delhi from February 18 to 26. The qualifiers, titled 'Hero FIH Road to London', will be played at the Major Dhyanchand Hockey National Stadium.
On December 16 last year, Hero Honda informed the stock markets that the partnership was over and Honda would soon exit the company.
Team Mahindra enjoyed yet another double top-six result as Miguel Oliveira and Efren Vazquez finished fourth and sixth at German Grand Prix in Moto3 category of the MotoGP championships in Sachsenring, Germany.
Suzuki Gixxer, Yamaha FZ-S and Honda CB Hornet 160R, beware! Here comes the Hunk.
The government on Wednesday directed online travel aggregators to process pending refunds related to air ticket bookings during the coronavirus lockdown period by the third week of November. In the wake of the coronavirus pandemic, there was a nationwide lockdown for varying periods starting from March 25, 2020, and scheduled commercial flight services were also suspended for a certain period. On Wednesday, the consumer affairs ministry held a meeting with online travel aggregators to discuss issues prejudicial to consumer interest in the travel sector.
Multiple world champion Pellegrini tests positive for COVID-19.
It takes both the racers as well as these grid girls to scorch the race track during the Grand Prix of the Americas in Austin Texas.
Honda's Dani Pedrosa kept his slim MotoGP title hopes alive by beating fellow Spaniard Jorge Lorenzo to win the Japanese Grand Prix for the second year in a row on Sunday.
Marc Marquez won the German MotoGP on Sunday to go top of the championship in his debut season after previous leader Dani Pedrosa withdrew before the race following a crash on Saturday.
Mahindra Racing enjoyed its best result of the season as Efren Vazquez and Miguel Oliveira finished fifth and sixth respectively at the Catalunyan Grand Prix of the Moto3 World Championship, in Barcelona, on Sunday.
Ferrari said on Thursday that the MotoGP champion was halfway through a three-day test with them.
The RBI interest rate decision, industrial production data for June and the ongoing quarterly earnings from corporates would largely drive the stock markets this week, analysts said. Other major factors such as global market trends, the movement of oil prices and the trading activity of foreign investors would also influence trading, they added. "The market will have an eye on the RBI Monetary Policy Committee (MPC) meeting, which will be announced on August 10, 2023. We are heading towards the last batch of Q2 earnings of key companies such as Adani Ports, Coal India, Hero MotoCorp, Hindalco and ONGC, among others, which will lead to stock-specific movement," said Pravesh Gour, senior technical analyst, Swastika Investmart Ltd.
The two-wheeler segment is, however, still far from its H1FY19 peak of 9.7 million units
The K-shaped economic recovery in India from the pandemic slowdown shows in corporate results as well. The automobile sector, which represents big-ticket consumption, continues to do well and has increased its share in corporate revenues and profits while fast-moving consumer goods (FMCG) companies that sell low-ticket consumer goods are struggling with poor sales and earnings growth. The share of the automobile sector, including makers of auto ancillaries, in corporate net sales rose to a 10-quarter high of 10.05 per cent during July-September 2023 (Q2FY24) from 8.94 per cent a year earlier and 9.75 per cent in Q1FY24.
Though Hero still leads by a wide margin in annual and monthly sales, for the first time, Honda has considerably bridged the sales gap with the Pawan Munjal-led firm in April lagging only by 12,134 units
As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has gained pace, only 11.3 per cent (or 3.4 million out of 30 million) Indians with disabilities have jobs.
After the game, Gill and his sister were subjected to trolling and abuse by some on various social media platforms.
The state is also the biggest market for TVS, another incumbent player, and together with Bajaj Auto, they accounted for 88 per cent of Maharashtra's total electric scooter sales last month. As many as 8,417 units were sold in Maharashtra in September. Bajaj Auto's contribution was 4,048 vehicles and that of TVS was 3,389, according to model- and state-wise data from the Society of Indian Automobile Manufacturers (Siam).
Kato suffered severe injuries to his head, neck and chest in the crash during the season-opening race on April 6.
Valentino Rossi's rivals face a battle to keep up with the MotoGP world champion on the track and an impossible task to match him off it going into Sunday's season-opening race in Qatar. A look at the main contenders in the upcoming season.
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