Besides opening up the possibility of a policy that allows vintage cars retrofitted with electric batteries to ply on roads, this also gives a clue to how cars older than 15 years that are banned can be valued again by a similar conversion to EVs, says Ritwik Sharma.
This is the first decline since June this year when car sales declined by 11%.
Dhirubhai may or may not have owned the government; it would seem his son wants to own the market, notes T N Ninan.
Declining motorcycle sales remained a cause of worry.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Domestic passenger vehicle sales declined 0.84 per cent to 2,63,773 units in November from 2,66,000 units in the year-ago period. Motorcycle sales, too, declined 14.87 per cent to 8,93,538 units. Vehicle sales across categories registered a decline of 12.05 per cent to 17,92,415 units from 20,38,007 units in November 2018.
Faced with stricter recall & testing norms, industry puts up a brave face, saying recalls improve consumer confidence
Roopam Asthana, CEO and whole-time director, Liberty General Insurance Ltd, answers your queries on HEALTH insurance and AUTO insurance.
'Only if the Budget springs some surprises we may see a halt in the selling.'
The number of participating automakers has fallen from 50 in 2018 to 30 this year. The count of exhibitors, including technology companies, has come down from 119 to 112. And showstopper luxury and supercar brands, including Toyota, Jeep, Lamborghini, Porsche, and Volvo will be missing. Similarly, the commercial vehicle makers also gave the show a miss -- a prolonged economic slowdown has dented their fortunes and near chances of any recovery.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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.
Budget 2014-15 has done away with the tax sunset clause of March 2014.
The trouble is largest FDI projects in India have had a tragic history.
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.
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.
The third-quarter financials didn't excite market watchers. But equity investors can still make money if they invest in the right stocks.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
If the court order is implemented, it will lead to an increase in the insurance outgo for car owners by a minimum Rs 50,000 for car and a minimum of Rs 7,000 for two-wheeler owners.
As India is progressing towards Bharat Stage IV (BSIV) emission norms, most cars still run under BSIII standard.
The ICHR, an autonomous body under the ministry of education, has been running a series of lectures and seminars on the theme of the Independence struggle under the 'Azadi ka Amrit Mahotsav' celebration.
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.
The auto maker wants to cut output in the wake of low demand.
Top carmakers, including Maruti Suzuki India, Hyundai and Honda, are expecting a spike in their sales following the implementation of 7th Pay Commission recommendations.
Turns down firm's plea for stay on CCI order; final order pending
ICICI's Chanda Kochhar, ranked highest among Indian women, has been ranked second across the region
According to the officials of Tirumala Tirupati Devasthanams, one of their sanitary workers was badly injured due to the storm and calamitic conditions in the state.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The trade between India and Saudi Arabia is growing rapidly with the bilateral trade crossing USD 9.87 billion last year.
The killing led to tension and protests at several places in the coastal district on Wednesday with instances of stone-pelting and police lathi-charge.
The onus is on the banks to pass the benefit to customers.
Sales of commercial vehicles rose 5.30 per cent to 52,481 units in January this year, SIAM said.
'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.
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
Kerala will be one of those places where the line between tourism, a land, a people and their way of life will blur. It won't be tourism; it will be a visit to experience Kerala.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Providing military assistance in the hope that it will change Pakistan's worldview is wrong, says erstwhile ambassador to the United States Husain Haqqani
'India's future: To manufacture so efficiently that we do not need protection,' says Naushad Forbes.
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.
'Investors should continue to invest because you are looking at the long-term; in the next four to five years, we are bound to outperform (the rest of the world equity markets).'
