News for 'AUTO'

Deva Action Arrives On OTT

Deva Action Arrives On OTT

Rediff.com28 Mar 2025

Shahid losing his memory, Nicole losing her mind, Mufasa holding on to both, only on OTT this week.

Market crash wipes out Rs 14 lakh cr from investors kitty

Market crash wipes out Rs 14 lakh cr from investors kitty

Rediff.com7 Apr 2025

Dalal Street investors were a poorer lot on Monday as their wealth eroded sharply by Rs 14 lakh crore following a sharp decline in benchmark indices amid a global market meltdown due to recession fears. The 30-share BSE Sensex tumbled 2,226.79 points or 2.95 per cent to settle at 73,137.90. Intra-day, the benchmark slumped 3,939.68 points or 5.22 per cent to 71,425.01.

Sensex sinks 2,227 pts, its steepest fall since 2024 LS debacle

Sensex sinks 2,227 pts, its steepest fall since 2024 LS debacle

Rediff.com7 Apr 2025

All Sensex shares, except for Hindustan Unilever, ended with losses. Tata Steel fell the most by 7.33 per cent followed by Larsen & Toubro which cracked 5.78 per cent. Tata Motors, Kotak Mahindra Bank, Mahindra & Mahindra, Infosys, Axis Bank, ICICI Bank, HCL Technologies and HDFC Bank were the other big laggards. Hindustan Unilever ended marginally higher.

These sectors will NOT face Trump's reciprocal tariffs: GTRI

These sectors will NOT face Trump's reciprocal tariffs: GTRI

Rediff.com3 Apr 2025

Essential and strategic items such as pharmaceuticals, semiconductors, copper, and energy products like oil, gas, coal and LNG are exempted from the 27 per cent import duty announced by the US on Wednesday, according to think tank GTRI.

Equity market volatility may persist; long-term outlook remains constructive: Experts

Equity market volatility may persist; long-term outlook remains constructive: Experts

Rediff.com3 Apr 2025

The heightened global uncertainty due to the US "reciprocal tariffs" on India may cause near-term corrections and market turbulence, but the long-term outlook remains constructive, market experts said on Thursday. The US has announced 27 per cent reciprocal tariffs on India, citing high import duties imposed by New Delhi on American goods.

Utility vehicle demand drives PV sales to record high at over 43 lakh units in FY25: SIAM

Utility vehicle demand drives PV sales to record high at over 43 lakh units in FY25: SIAM

Rediff.com15 Apr 2025

Passenger vehicle dispatches in India from factories to dealers rose to record levels at over 43 lakh units in FY25, with utility vehicles accounting for 65 per cent of the total sales in the segment, industry body SIAM said on Tuesday. Passenger vehicle (PV) dispatches rose to 43,01,848 units in the last fiscal year, marking a 2 per cent increase compared to 42,18,750 units in FY 2023-24.

Why Sensex, Nifty Are Falling Today

Why Sensex, Nifty Are Falling Today

Rediff.com1 Apr 2025

'The market's nervousness ahead of anticipated US tariffs has led to a significant downturn in Indian equities.'

Renault to buy out Nissan's stake in Indian JV

Renault to buy out Nissan's stake in Indian JV

Rediff.com31 Mar 2025

French auto major Renault on Monday said it will buy out its Japanese partner Nissan's stake in their Indian joint venture -- Renault Nissan Automotive India Private Ltd. Renault Group would own 100 per cent of Renault Nissan Automotive India Private Ltd (RNAIPL), by acquiring the 51 per cent shareholding currently held by Nissan, the company said in a statement.

Trump Tariffs: Time To Rejig Portolio

Trump Tariffs: Time To Rejig Portolio

Rediff.com4 Apr 2025

Investors should tilt their portfolios towards domestic-facing defensive sectors, which should help provide stability and shield them from geopolitical and tariff risks.

India Inc holds breath for Trump's new tariffs to kick in

India Inc holds breath for Trump's new tariffs to kick in

Rediff.com27 Feb 2025

Industry insiders in India warn that any such move in the pharmaceutical sector could be counterproductive for the US as it may face increased drug shortages if tariffs are imposed on such imports.

Narco-terror module busted in Punjab; 4 held, 4kg heroin seized

Narco-terror module busted in Punjab; 4 held, 4kg heroin seized

Rediff.com23 Mar 2025

The Punjab Police has busted a narco-terror module and arrested four individuals, including a father-son duo, recovering 4 kilograms of heroin. The accused were in direct contact with Pakistan-based drug smugglers, according to Director General of Police (DGP) Gaurav Yadav. The arrests were made in an intelligence-led operation by the Counter Intelligence (CI) unit in Amritsar, following inputs about individuals receiving a drug consignment from the Attari area. The DGP stated that preliminary investigations have revealed the involvement of a foreign-based individual identified as Bhullar, who is believed to be managing the gang.

Maruti Suzuki, Tata Motors to hike vehicle prices from April

Maruti Suzuki, Tata Motors to hike vehicle prices from April

Rediff.com17 Mar 2025

Maruti Suzuki India and Tata Motors on Monday announced plans to increase vehicle prices from April, the second time in this year, in order to partially offset the impact of rising input costs. Maruti Suzuki said it plans to hike prices of its entire model range by up to 4 per cent from next month.

Auto retail sales up 11.21% in Nov riding on two-wheeler demand: FADA

Auto retail sales up 11.21% in Nov riding on two-wheeler demand: FADA

Rediff.com9 Dec 2024

Retail sales of vehicles across categories in India grew by 11.21 per cent at 32,08,719 units in November, as compared to 28,85,317 units in the same month last year riding on two-wheeler demand, Federation of Automobile Dealers Associations said in Monday. Retail sales of two-wheelers were at 26,15,953 units last month, as compared to 22,58,970 units in November 2023, a growth of 15.8 per cent buoyed by the festive spillover.

Woman jumps from moving rickshaw to escape drunk driver

Woman jumps from moving rickshaw to escape drunk driver

Rediff.com3 Jan 2025

A woman jumped from a moving autorickshaw to save herself from the drunk driver on Thursday night in Bengaluru, her husband said.

IL&FS dispenses Rs 45,281 cr debt to lenders

IL&FS dispenses Rs 45,281 cr debt to lenders

Rediff.com7 Apr 2025

The debt-ridden IL&FS group has discharged Rs 45,281 crore to its creditors as of March 2025, completing the resolution of its 197 entities, according to the latest status report affidavit filed before the insolvency appellate tribunal NCLAT. This is 18.9 per cent higher than Rs 38,082 crore, the amount of debt that stood resolved from the last status report filed by IL&FS six months before on October 28, 2024.

Paranoid India Inc wants early conclusion of trade pact with US

Paranoid India Inc wants early conclusion of trade pact with US

Rediff.com26 Mar 2025

The Indian industry is paranoid about the USA's plan to impose reciprocal tariffs and wants early conclusion of a bilateral trade agreement, sources said on Wednesday. They said that the talks for the proposed bilateral trade agreement are going well.

Khazima Basha, Queen Of The Carrom Board

Khazima Basha, Queen Of The Carrom Board

Rediff.com25 Feb 2025

The 18 year old from an impoverished family in Chennai won the Carrom World Cup, but the title has not changed either her or her father, an autorickshaw driver.

Auto exports from India rise 14% in Apr-Sep period

Auto exports from India rise 14% in Apr-Sep period

Rediff.com20 Oct 2024

Automobile exports from India in the first six months of the current fiscal year rose 14 per cent year-on-year, led by gains in shipments of passenger vehicles and two-wheelers. According to Siam data, the overall exports in the April-September period stood at 25,28,248 units, up 14 per cent as compared with 22,11,457 units in the year-ago period. "Key markets like Latin America and Africa, which had slowed down for various reasons, have bounced back.

'US tariff issue is an overhanging sword'

'US tariff issue is an overhanging sword'

Rediff.com7 Mar 2025

Firodia talked about his plans for the EV-components business, and the components business at large for the group

What Junaid And Khushi Are *Really* Like

What Junaid And Khushi Are *Really* Like

Rediff.com6 Feb 2025

'When I bought my first car after Secret Superstar, Junaid said, what a waste of money, autos are so convenient. Khushi is 10 minutes early for every meeting.'

Ola Electric: Can It Spark EV Adoption?

Ola Electric: Can It Spark EV Adoption?

Rediff.com26 Mar 2025

Why has the shift from ICE to electric slowed down despite initial enthusiasm?

India, US to start 3-day trade talks from Wednesday

India, US to start 3-day trade talks from Wednesday

Rediff.com25 Mar 2025

Senior officials of India and the US will begin three-day talks on the proposed bilateral trade agreement in New Delhi on Wednesday amid threats of reciprocal tariffs from the Trump-administration, an official said. To formally start the negotiations on the pact, Assistant US Trade Representative for South and Central Asia Brendan Lynch, along with a team of officials, is in New Delhi.

This is legal, mine...: Kangana on club demolition over Kamra's joke

This is legal, mine...: Kangana on club demolition over Kamra's joke

Rediff.com25 Mar 2025

Actor and BJP MP Kangana Ranaut has criticized comedian Kunal Kamra for his recent remarks about Maharashtra Deputy Chief Minister Eknath Shinde, calling them "disrespectful" and "in bad taste." Ranaut, who was speaking to reporters outside Parliament, said that Kamra's comedy was "disgracing" and that Shinde had earned his position through hard work. She also echoed Maharashtra Chief Minister Devendra Fadnavis' call for Kamra to apologize for his "low level comedy." The controversy comes after Shiv Sena members damaged the comedy club where Kamra's show took place, in response to his jokes about Shinde's political career and recent developments in Maharashtra.

SUVs continue to steer demand in auto sector

SUVs continue to steer demand in auto sector

Rediff.com12 Mar 2024

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.

EXPLAINED: Trump's reciprocal tariffs

EXPLAINED: Trump's reciprocal tariffs

Rediff.com3 Apr 2025

Here is a list of Q & As to explain these issues and implications of the US move.

Trade talks: India, US to hold wrap-up session on Sat

Trade talks: India, US to hold wrap-up session on Sat

Rediff.com28 Mar 2025

India and the visiting US officials have decided to hold a wrap-up session on Saturday morning to conclude the three-day talks on the proposed bilateral trade agreement, government sources said. They said the discussions are at a "very" early stage.

Mumbai cops at Saif's house, Ronit Roy to provide security

Mumbai cops at Saif's house, Ronit Roy to provide security

Rediff.com22 Jan 2025

On Wednesday, Mumbai Police reached the actor's home to record his statement on the matter. Meanwhile, actor Ronit Roy, known for his roles in TV shows and films, was seen with Saif as he returned home on Tuesday.

Trump's tariffs: How will these sectors in India be impacted?

Trump's tariffs: How will these sectors in India be impacted?

Rediff.com2 Apr 2025

Goods from sectors, including agriculture, precious stones, chemicals, pharma, medical devices, electricals, and machinery may get impacted if the US will go ahead with imposing reciprocal tariffs on Indian products, according to experts. They said that these sectors could face additional customs duties from the Trump administration because of the high tariff differential or gap, which is the difference between the import duties imposed by the US and India on a product.

'Investors: Stay Calm. Avoid Speculative Investment Behaviour'

'Investors: Stay Calm. Avoid Speculative Investment Behaviour'

Rediff.com8 Apr 2025

'My advice: Don't mark your portfolio to market every day. Focus on survival.'

India gets ready to face possible fallout of US tariffs

India gets ready to face possible fallout of US tariffs

Rediff.com1 Apr 2025

The commerce ministry is working on different scenarios to assess the possible fallout of reciprocal tariffs to be imposed by the US administration on April 2 on its key trading partners including India, sources said. US President Donald Trump has said that April 2 will be 'Liberation Day' as he plans to announce tariffs or import duties to bring down America's trade deficit, and promote the country's manufacturing.

'Don't Compel Us To Study Hindi!'

'Don't Compel Us To Study Hindi!'

Rediff.com17 Mar 2025

'We are not opposed to any Indian language. We are against Hindi imposition.'

Will Skoda's New SUV Kylaq Make It big?

Will Skoda's New SUV Kylaq Make It big?

Rediff.com12 Dec 2024

The company is eyeing sales of 8,000 units per month for the Kylaq, which starts at Rs 7.89 lakh (ex-showroom) and boasts 96 per cent localisation.

PLI scheme for auto sector extended by a year

PLI scheme for auto sector extended by a year

Rediff.com1 Jan 2024

The Ministry of Heavy Industries on Monday announced the extension of the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by one year with "partial amendments". This decision has been made after receiving the approval of the Empowered Group of Secretaries (EGoS). "In pursuance of the approval of EGoS, the Ministry of Heavy Industries has made partial amendments in the Production Linked Incentive (PLI) Scheme for the Automobile and Auto Component Industry and Guidelines of the Scheme.

PV inventory at record high; auto retail sales dip 9%

PV inventory at record high; auto retail sales dip 9%

Rediff.com7 Oct 2024

Automobile retail sales in India declined 9 per cent year-on-year in September amid a massive buildup of passenger vehicle inventory due to sluggish demand, dealer's body FADA said on Monday, urging original equipment manufacturers to take corrective steps. The overall registrations declined to 17,23,330 units last month from 18,99,192 units in September 2023, as most of the categories including passenger vehicles and two-wheelers witnessed a year-on-year (Y-O-Y) drop.

'Media Frenzy Has Ruined Justice Varma's Reputation'

'Media Frenzy Has Ruined Justice Varma's Reputation'

Rediff.com16 Apr 2025

'Presumption of innocence must guide all formal actions, but transparency must not be mistaken for pre-judgment.' 'The cruel irony, however, is that Justice Varma is a fine judge who enjoys a reputation for writing well-reasoned judgments.'

Auto, BFSI dominated Q4 earnings circuit

Auto, BFSI dominated Q4 earnings circuit

Rediff.com25 Jun 2024

Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.

Sensex ends up 105 points; metal, auto shares shine

Sensex ends up 105 points; metal, auto shares shine

Rediff.com18 Mar 2024

From the Sensex basket, Tata Steel jumped over 5 per cent. Mahindra & Mahindra, JSW Steel, Tata Motors, Axis Bank, Sun Pharma, Reliance Industries and Maruti were the other biggest gainers. Infosys, Tata Consultancy Services, Titan, Wipro, Hindustan Unilever and Nestle were among the laggards.

Auto component makers to gain from new 4-wheeler electric vehicle policy

Auto component makers to gain from new 4-wheeler electric vehicle policy

Rediff.com26 Mar 2024

The new four-wheeler (4W) electric vehicle (EV) policy may spur the entry of global majors. The manufacturing policy cuts Customs duty to 15 per cent, given a minimum investment commitment. It calls for a minimum investment of Rs 4,150 crore (about $500 million) for making electric four wheelers (e-4Ws), with manufacturing to commence within three years of approval.

Passenger vehicle sales crash 10% in Feb, 2Ws down 6%

Passenger vehicle sales crash 10% in Feb, 2Ws down 6%

Rediff.com21 Mar 2025

The meltdown in Dalal Street that wiped out investor wealth to the tune of 44 trillion in 2025 also seems to be having a ripple effect on the country's vibrant automobile retail sales.

Trump says Musk's plan to build Tesla factory in India is 'very unfair'

Trump says Musk's plan to build Tesla factory in India is 'very unfair'

Rediff.com20 Feb 2025

President Donald Trump has said if Elon Musk's Tesla built a factory in India to avoid that country's tariffs, it would be unfair to the US. Trump's comments came amid moves by him to increase tariffs significantly. On February 13, hours before Prime Minister Narendra Modi's bilateral meeting with Trump at the White House, the US President announced reciprocal tariffs.