Hinduja Group on Monday said it would invest Rs 1,200 crore (Rs 12 billion) in property development business
After Tata Motors, Mahindra & Mahindra and Ashok Leyland are expected to set up automobile plants in West Bengal in reponse to an initiative launched by the state government under Buddhadeb Bhattacharjee.
The overall volume at India's top four M&HCV makers - Tata Motors, Ashok Leyland, Volvo Eicher, and Mahindra & Mahindra - fell 59.5 per cent to 31,067 units during the month.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Hindujas said the deal was struck by Ashok Leyland, an Indian company owned by the Hindujas.
Ashok Leyland is planning to enter the luxury bus market with the launch of Intercentury Luxura by the second quarter of the next fiscal.\n
A steady climb in volumes has helped the company double its market share in the segment to 5 per cent in the first six months of the financial year from the year-ago period and it has now set its sights on a 10 per cent share in the next two years.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Hero MotoCorp, Honda Motorcycles, Scooters India, TVS, Honda India, Toyota Kirloskar Motor, Ford, Nissan, Ashok Leyland are all giving the Auto Expo a miss this time.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
Combined sales at top four manufacturers - Tata Motors, Ashok Leyland, Volvo Eicher Commercial Vehicles, and Mahindra and Mahindra - dropped 20 per cent to 20,324 units in November
What has hit sentiment further is a draft proposal by the government to increase vehicle insurance premiums for financial year 2022-23 (FY23). Third-party motor insurance premiums have not been increased over the last two years and if this is approved, insurance costs for specific segments could rise by a fifth. The worst impacted is the 350cc and above two-wheeler segment, where premiums are up 21 per cent. Royal Enfield (Eicher Motor) is the market leader in the segment. The premiums in the 150-350cc two-wheeler category are also being inc
Many are testing hybrid models including getting small batches to work, rotating staff every week, introducing shifts and allowing certain functions to operate from office in small numbers.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
While the UN report said that FDI inflows rose 6 per cent in 2018 to $ 42 billion, the government's own data for the entire FY19 period has shown that inbound equity investments declined for the first time in six years in FY19.
The marquee names include Hindalco, three Tata group companies and Colgate.
Changes have been made in several indices including Nifty 500, Nifty 200, Nifty 100, Nifty Midcap 150, Nifty Smallcap 250 and host of sectoral indices including FMCG, IT, media, pharma, commodities and services sector.
After a stellar run that saw the frontline indices - the S&P BSE Sensex and the Nifty 50 - clock gains of around 21 per cent and 24 per cent respectively in calendar year 2021 (CY21), the year gone by in real sense belonged to the mid-and small-cap segments. Thus far in CY21, the mid-and small-cap indexes on the BSE have far outpaced the run in the frontline indices and notched up a gain of around 38 per cent and 61 per cent, respectively during this period. Though analysts expect the outperformance to continue in 2022, they caution against the multiple headwinds in the year ahead that may dent the overall market sentiment.
The Mumbai-based firm has lost almost 10 percentage points in market share since 2009-10, even as other brands have fought hard to wrest share away.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
19 per cent of the directors don't attend three in four board meetings.
Companies expect recovery in second half of fiscal as BS VI approaches, claim banks and NBFCs showing greater interest in financing.
New regulatory rules, softer freight rates and a liquidity crunch at non-bank lenders are among the reasons.
Renault readies a practical and spacious people-carrier for a 2014 Auto Expo.
The signs were visible for a while, but reality has finally hit home.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Issues relating to shortage of key automotive components, which were supposed to be sorted out a month ago, will hit production even for the next two quarters, as slow ramp-up and discrepancies in tyre prices impact output.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The industry said if the policy was announced, it would have taken 28 million vehicles bought before March 2005 off the road.
The demand has gradually shifted from 16-tonners to 25-tonners and is further shifting in favour of 31-t and 37-t trucks.
Global investment firm Citigroup is bullish on Indian equity markets.
The highest pay hikes for the current year are set to come from Maruti Suzuki and Hero Honda.
'Zero Day' visitors like Maruti Suzuki, TVS, Tata Motors, Hero MotoCorp, Ashok Leyland and Bajaj Electricals are visiting fewer campuses.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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