Hero MotoCorp's much-awaited first bike after its divorce from Honda is now up for grabs. But will the average Indian biker cough up a premium price for the bike? Find out!
The Sensex finally closed with a loss of 49 points at 5,463. The Nifty lost 17 points to close at 1,700.
The Sensex opened nine points higher at 5,438. It is now up 25 points at 5,454 on steady buying in almost all the sectors.
The Sensex opened 13 points higher at 5,410, and soon climbed to touch an intra-day high of 5,418. However, profit-taking at higher levels pushed the index into negative zone to a low of 5,376.
Automobile (auto) retail sales in India grew by an impressive 14 per cent in July compared to the same period last year, driven by a surge in the rural economy, good product availability, and product launches. While passenger vehicles (PVs) saw a 10 per cent increase during this period, inventory levels have surged to a historic high of 67-72 days in PVs, equating to Rs 73,000 crore worth of stock, according to the Federation of Automobile Dealers Associations (Fada). This poses a risk to dealer sustainability. Inventory levels in July 2023 were only 50-55 days, equating to a stock worth Rs 49,833 crore. In June 2024, inventory was between 62 and 67 days, with a stock value of Rs 60,000 crore.
The meteorological department has forecast more rains through the day and relative humidity at 100 per cent in Delhi.
The Sensex opened on a flat note at 4,802. It is now down 22 points at 4,780.
The Sensex closed with a gain of 78 points at 4,631. While 24 index scrips advanced, six declined on Monday.
The Sensex opened with a wide positive gap of 26 points at 4,428, and spurted to a high of 4,443 on further buying in old and new economy stocks.
The Sensex closed with a gain of 16 points at 3,780.\n\n\n\n
The Sensex after moving in a range of 10,556 to 10,690, finally ended with a loss of 31 points at 10,595.
Sensex ends at an all time high of 10,565
The Sensex closed with a gain of 111 points (1.4%) at 8,318.
Sales for Hero's all-new Maestro Edge scooter will commence from October while the Duet will be launched in the following weeks positioned below the flagship Edge, says Indian automobile website MotorBeam.
The updated Hero Xtreme packs in a lot of goodies which amplifies its value for money quotient even further, says Faisal Ali Khan of MotorBeam.com
Suzuki Gixxer, Yamaha FZ-S and Honda CB Hornet 160R, beware! Here comes the Hunk.
Strong buying in auto, select heavyweight and other old economy stocks saw the Sensex close with a gain of 48 points at 6,451. The Nifty added 16 points to 2,043.
The Sensex slipped to an new intra-day low of 5,678. The index is now down 33 points at 5,680. The Nifty is at 1,791 - down four points.
Can paying Akshay Kumar Rs 50 crore to become brand ambassador for the 100cc commuter bike, the Dream Yuga, help Honda Motorcycle & Scooter India (Private) Ltd take the number one position by displacing Hero MotoCorp's hot-selling splendor? Of course not, feels biking enthusiast and blogger Faisal Ali Khan.
At Rs 80,000 (on-road,Pune), the bike is priced slightly lower than its carbureted competitors like the Pulsar AS150 and Suzuki Gixxer. But when it comes to styling, overall refinement and dynamics, the Xtreme Sports has a lot of catching up to do, says Narendra Sharma
Plans Rs 4,500-cr investment, two new factories, identifies 30 global markets.
While two-wheeler sales declined 22 per cent, two other segments, bigger in value while being lower in volume, were much less impacted.
Repeated spells of rain pushed traffic out of gear, leading to snarls that would give anyone a nightmare.
At Rs 53,900, the Hero Splendor Pro Classic is the cheapest cafe racer motorcycle in the world, says Faisal Ali Khan of MotorBeam. The other locally manufactured cafe racer styled motorcycle is the Royal Enfield Continental GT.
India's two-wheeler giant, the Hero Group, has signed American golf legend Tiger Woods as its brand ambassador in a four-year deal that targets capturing new markets in North America and Europe.
The Hero Glamour might be a hot seller but it isn't as impressive as its popularity suggests. The bike doesn't have as much performance as you would expect from a 125cc motorcycle, says Faisal Ali Khan.
The biggest two-wheeler market in the world is -- of course -- India. Guess who are the gainers? Yamaha and Honda.
'Gujarat is the frontrunner at present.'
'However, Tamil Nadu's robust automobile ecosystem and Telangana's aggressive incentives make them strong contenders.'
Since his return from the ICC World Cup, India captain Mahendra Singh Dhoni has ensured that he doesn't spend even a second away from his two-month old daughter Ziva.
The BSA Gold Star is launched....Ola Enters e-motorbikes Biz... Bajaj, TVS To Enter e2Ws Market...
Does Hero MotoCorp's first ever 125 cc scooter do enough to stand out in the ever-growing 125cc scooter segment?
Claiming 'right to be forgotten', reality show celebrity Ashutosh Kaushik on Thursday sought a direction from the Delhi high court to the Centre and Google that some of his videos, photos and articles be removed from various online platforms as they have a "detrimental effect" on his life.
Arun Mohan Nadar was impressed with this indigenously developed bike
The Hero Splendor Pro Classic is the cheapest way to turn heads on a motorcycle, says Faisal Ali Khan
Can Bhavish Aggarwal upend the electric two-wheeler market, which is now overwhelmingly in favour of scooters?
For Hero MotoCorp, India's largest two-wheeler company, it's a calculated gambit to revive Harley-Davidson whose ride in India has been anything but easy since it got here.When automotive firms embark on alliances, it's a roll of the dice on how such marriages will play out.
Easygoing and affable, he was the quintessential relationships man.
