'The correction could take two to three months and traders need to be careful.' 'For investors, this could be a good time to nibble in.'
At its heart, the issue is more than compliance. It is the risk of possible breakdown of a strong nexus between insurance firms and motor car dealers that makes the business the top earner for the former.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Budget 2014-15 has done away with the tax sunset clause of March 2014.
Nissan Motor Company on Friday said it has appointed Akira Sakurai as the managing director and CEO of Renault Nissan Automotive India Pvt Ltd (RNAIPL) and has made a few more changes in the management to establish itself as one of the major players in the country.
The trouble is largest FDI projects in India have had a tragic history.
Faced with stricter recall & testing norms, industry puts up a brave face, saying recalls improve consumer confidence
Vehicle sales across categories registered an increase of 5.03 per cent to 16,03,292 units from 15,26,514 units in November 2013.
'India's future: To manufacture so efficiently that we do not need protection,' says Naushad Forbes.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
India Inc raised $2.78 billion from overseas markets in October this year, up 44 per cent from a year ago, according to the Reserve Bank data released on Friday.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.
As India is progressing towards Bharat Stage IV (BSIV) emission norms, most cars still run under BSIII standard.
Top carmakers, including Maruti Suzuki India, Hyundai and Honda, are expecting a spike in their sales following the implementation of 7th Pay Commission recommendations.
The auto maker wants to cut output in the wake of low demand.
Since no insurance companies share data on their claims with each other, the finance ministry and Irdai suspect that a lot of the resultant claims are duplicates.
'Unquestionably, the spirit behind the Panchsheel agreement and the 'Hindi Chini bhai bhai' slogan were thrown overboard by the Chinese, and a trust deficit was injected between the two nations.' A revealing excerpt from General J J Singh's The McMahon Line: A Century Of Discord.
ICICI's Chanda Kochhar, ranked highest among Indian women, has been ranked second across the region
Turns down firm's plea for stay on CCI order; final order pending
The trade between India and Saudi Arabia is growing rapidly with the bilateral trade crossing USD 9.87 billion last year.
During the six-day-long event, automakers have planned 10 global launches, 26 India specific launches, six concept vehicles, seven facelifts and 21 vehicle unveilings.
The onus is on the banks to pass the benefit to customers.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The world's biggest lockdown that shut a majority of the factories and businesses, suspended flights, stopped trains and restricted movement of vehicles and people, may have cost the Indian economy Rs 7-8 lakh crore during the 21-day period, analysts and industry bodies said.
'As a course mate who has followed closely this star on the Bombay Sappers firmament, my heart swells with pride to see his extraordinary brilliance and focus; his commitment and his dedication; his hard work; and his technical as well as tactical knowledge,' says Colonel K Thammayya Udupa (retd) of his batchmate General Manoj Pande who will take over as chief of the army staff on May 1.
'We will be looking to prune our portfolio to make GIC Re a healthier entity.'
If the alliance works out as planned, it will give a big boost to Mahindra, as it has been struggling with its only car model Verito, managing to sell around 200 units a month
Sales of commercial vehicles rose 5.30 per cent to 52,481 units in January this year, SIAM said.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Welcoming the reduction in pollution, environmentalists urged the government to treat it as a "wake-up call" and stop its "obsession" with "development" at the cost of the environment.
No new capacity addition is planned for 2018 and capital expenditure plans are on hold
Providing military assistance in the hope that it will change Pakistan's worldview is wrong, says erstwhile ambassador to the United States Husain Haqqani
Honda Siel Cars India is seriously considering Tamil Nadu and three other states for setting up its second India manufacturing facility, which will be producing small cars.
Robust growth in indirect tax receipts points to a nascent revival in manufacturing sector.
The ban does not speak about used luxury cars.
IndusInd Bank was the biggest gainer in the Sensex pack, rallying 4.84 per cent, followed by Sun Pharma, Bajaj Auto, Bharti Airtel, Coal India, Tata Motors, SBI, ICICI Bank, Hero MotoCorp, ONGC, HDFC, Vedanta, L&T, Kotak Bank, Maruti and Axis Bank, ending up to 2.92 per cent higher.
Multiple reasons accounted for the losses, including manpower crunch and lack of clarity on the merger of National, United and Oriental, reports Namrata Acharya.
The Tata Nexon and Mahindra Marazzo ace the safety ratings, but what about other Made in India cars? How safe is the car you drive?
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