Car sales dipped by 2.55 per cent in October, as the festival season demand for auto remained in slow lane.
Sun Pharma stock has appreciated at 35% a year for 20 years
Automobile makers in India are embracing taxi-hailing apps such as Uber and Ola, hoping to ride on their expansion to sell more cars, a contrarian view to companies in Western markets that fear a drop in car sales due to them
Auto, tourism exceptions but major sectors otherwise saw decline in FY13 inflows.
A weaker rupee against the US dollar and the Japanese yen along with margin sustenance pressures have forced companies to raise prices.
During September, Maruti said it dispatched 1,375 units of the soon-to-be-launched sedan Ciaz.
While retail sales at dealerships have suffered the full impact of demonetisation, the growth in wholesale volumes comes as dealers had relatively lower inventory after Diwali in October.
One of the smallest players in India's car market, it is banking on new-look Etios to make inroads into the personal vehicle segment
Falling margins, high inflation pitting workers against management.
High-end mid-sized sedans, comfy SUVs and entry-level luxury models steal their show.
The Competition Commission of India (CCI) on Monday slapped a penalty of Rs 2,545 crore on 14 top carmakers of the country for violating trade norms in the spare-part andafter-sale service market.
Over 22 passenger and commercial vehicle makers and 18 two- and three-wheeler makers will take part amid proximate security.
Formal announcement of venture into new segment on Thursday; group's entry timely, given the demand, say experts
Mercedes Benz, BMW and Audi have sharply increased their sourcing from India.
Turns down firm's plea for stay on CCI order; final order pending
During his lifetime and after, Ambani aroused extreme responses in others.
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