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SC to examine ED's power to attach ancestral assets in PMLA cases
The Supreme Court has agreed to examine the legal issue of whether the Enforcement Directorate can attach ancestral properties of the accused under the Prevention of Money Laundering Act as......
31 Maruti employees convicted for 2012 Manesar violence
A court in Gurgaon on Friday convicted 31 employees of Maruti Suzuki India Ltd, including 13 on charges of murder, for the violence at the company’s Maneser plant in August 2012. Additional......
Don't see growth in small car segment this fiscal year: R C Bhargava
Maruti Suzuki India (MSIL) does not anticipate growth in the small car segment because people continue to find these vehicles unaffordable, chairman R C Bhargava said on Wednesday. He said the......
Chip shortage may derail automakers FY24 production plans
Even as India’s passenger-vehicle sales touched a record high of 3.9 million units in 2022-23, growing 27 per cent over the previous financial year, the country’s largest carmaker,......
After record sales in FY23, auto companies expect demand to mute
'In FY23, PV sales are expected to end the year at a record 3.8 million units, up 26 per cent. In FY24, however, the industry is expecting 5-7 per cent volume growth' Kindly note the image has......
Auto Industry Sweats As Semiconductor Shortage Persists
Open order books in February breach 700,000; wait period for some models exceed a year. The Grand Vitara has around 37,000 open bookings and a 30-week wait period. Photograph: ANI Photo Automotive......
With 33% market share, Maruti eyes top slot in SUV space by FY24
Maruti Suzuki India (MSIL) — the market leader in small cars — is eyeing the top spot in the sports utility vehicle (SUV) segment within a year — with a 33 per cent share of the......
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