Hinduja group on Monday announced major investment initiatives totaling up to $10 billion with Qatar for infrastructure projects through an Indo-Qatar fund with intial corpus of $1billion.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
SIAM expects the super-luxury bus market to grow five-fold in the next 3 years.
Pawan Munjal, chairman and managing director of Hero MotoCorp, the country's biggest two-wheeler maker, leads the pack among automobile CEOs.
The Hinduja Group is exploring investments in infrastructure, including roads and power, and is planning to enter the passenger car segment.
Buses that run on battery, trucks that purr on LNG, and more from the stables of Tata Motors, Mahindras and Ashok Leyland. The Auto Expo 2018 had these and more.
Hinduja Group flagship Ashok Leyland has lined up investment worth Rs 5,250 crore (Rs 52.5 billion) to enhance its production by 1,40,000 units over a period of next four to five years.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Commercial vehicles major Ashok Leyland has decided to set up a plant in Uttaranchal and will invest around Rs 1,100 crore (Rs 11 billion) in the new facility.
Top commercial vehicle maker Tata Motors has raised the prices of its medium and heavy vehicles by 2-2.5 per cent on account of increase in input costs.
The stag mini-bus of Ashok Leyland undertook drove on the 313-km road till Kaman post, Jammu and Kashmir minister for Roads and buildings Gulam Ahmed Mir said on Sunday.
Tatra Trucks India Ltd, the joint venture between Czech truck maker Tatra and Vectra of UK, is planning to launch its first highway transportation vehicle (for the goods segment) late next year.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The total dividend income for seven firms grows 25%.
The increase in bus and truck sales of Tata Motors and Ashok Leyland pushed commercial vehicle sales up by a robust 35.7 per cent in the first eleven months of this fiscal.
Surging truck sales of Tata Motors, Ashok Leyland and Eicher Motors drove commercial sales up by 34.6 per cent during the first eight months of this fiscal.
Auto companies are now grappling with a slowdown in sales, triggered by pent up demand due to the COVID-led lockdown easing a bit and supply-side issues for raw material.
The 10th edition of the Defence Expo was held in Chennai this year. The event saw more than 25 Indian and global companies participate. Foreign players like Lockheed Martin and SAAB showcased their flagship fighter aircraft and Indian firms like Ashok Leyland, Tata Motors and Hindustan Aeronautics Ltd. had their own line-up of new products. Take a look.
RBI is expecting the rupee to stay close to Rs 75 to a dollar, as COVID-19 forces foreign funds to withdraw from emerging markets.
Second body blow after diesel ban on engines of 2,000 cc and above in NCR.
'Investors are now getting clarity on policies.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ricoh India, the largest gainer among these pack, has rallied 192 per cent from Rs 294 to Rs 859 on the BSE so far in the current calendar year.
Prices of all metals - from steel to copper, aluminium, zinc and lead - have shot up by about 5-11 per cent in the past month. Commodity inflation is raising its head, forcing companies to consider price hikes.
Liquidity continues to be a worry for both, customers and dealers, with the latter facing working capital issues.
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