The auto component sector grew at 5-6 per cent last year against a 13 per cent growth in 2012.
It is the six per cent target RBI is more concerned about.
Consumers will get a list of dealers in their neighbourhood once they have made a selection of vehicles.
Private sector lenders have been communicating to their customers about their strong capital positions but it has not put depositors at ease.
Apart from fulfilling banking services, one can access more than 100 e-commerce sites, book tickets, and even pay for small value groceries through the app. The bank is now proposing to allow other banks to use this to serve their own customers.
Maruti Suzuki, Hyundai, Mahindra and Toyota reported low single-digit sales growth for the month owing to weak market sentiment
Various factors, including robust demand in rural markets and good response to new models, helped in driving the sales.
An analysis of past 20 years' demand cycles done by Edelweiss Securities indicates that the auto sector is currently in the middle of a down cycle. Volume recovery, they say, is unlikely to be as sharp as in the past, unless there is strong fiscal support.
The rough and tough image of SUVs is now being presented in a more technologically upgraded form.
Despite a rise in input costs, leading car-makers refrain from hiking their price.
'If the business doesn't recover in next 6-10 months, there might be situation where there would be some lay-offs...That may be required for survival and to ensure livelihood to millions of people.'
In Friday's market rally post the corporate tax cut, the country's top business promoters recouped more than two-thirds of the losses that they suffered in the post-Budget sell-off in equity markets.
Investors in the 10% and 20% slabs can get better post-tax returns compared to a bank fixed deposit
Pressure has been mounting on the Reserve Bank of India to cut interest rates in the wake of declining retail inflation and the need to fuel growth momentum. However, the RBI will have to do a tightrope walk as globally interest rates are inching upwards.
The group companies now lead the market capitalisation league table in sectors such as ports, power generation, gas distribution and transmission, and power transmission and distribution, ahead of incumbents in both public and private sector. This has Gautam Adani family the second wealthiest in business in India.
Top companies across sectors -- automobile maker Maruti Suzuki, consumer electronics giant Samsung to IT giant Infosys -- have reopened factories and offices as India took its first steps towards resuming economic activity after weeks under a near-total coronavirus lockdown.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Riding on a stock market boom since 2009, India Inc's chief executives have been able to salvage a lot of lost pride in their second innings.
Right marketing and product strategy have helped Falguni Nayar build a beauty retail business.
Maruti Suzuki India (MSI) on Monday reported a 29.1 per cent rise in total sales in October.
Maruti Suzuki is the big exception, with double-digit surge in volume
The combined market capitalisation of the top 873 family-owned companies was down 26.3 per cent year-on-year (YoY) to Rs 61.8 trillion at the end of trading on Tuesday. It had grown 6 per cent in FY19 and nearly 20 per cent in FY18.
From acquiring creative agencies, to setting up onsite innovation centres and turning around BFSI with entirely new digital offerings, 2018 had seen the IT industry going from initial lows to new highs.
Close on the heels of the Mukesh Ambani-controlled Reliance Retail's possible entry into the second-hand car market, Tata Motors, the country's second largest automobile major, is planning a similar foray.
Maruti Suzuki, Hyundai and M&M draw visitors with a range of concept cars.
On February 11, 2009, Subhiksha announced that it was closing down all its 1,600 outlets till May 2009.
This is the royal couple's last event in Mumbai before they head off to Delhi where they will pay tribute to Mahatma Gandhi and later celebrate the Queen's 90th birthday. Here's a glimpse of all that happened at The Social.
'The news about the new virus strain in the UK provided them with an opportunity to take money off the table.'
Maruti Suzuki India said its domestic sales rose 10.6 per cent in May.
The 5-seater Compass is set to take on Hyundai Creta, Mahindra XUV500, Renault Duster, Toyota Innova and Tata Hexa.
In the past four months, $7.5 billion has flowed back into domestic stocks, helping the benchmark indices bounce back more than 40 per cent from their 2020 lows.
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.
The passenger car segment, in comparison, remained sluggish and grew a modest 1.9 per cent to 162,566 units in April
Auto, pharma, IT, chemicals among sectors with significant reliance on UK and European nations with Tata Motors, Motherson Sumi, Tata Steel, TCS, Wipro, Infosys and Tech M among key names.
If the earnings in the first quarter of the current financial year are an indication, most banks, particularly those majority-owned by the government, have fared well, reveals Tamal Bandyopadhyay.
India's premier bourse Bombay Stock Exchange is awaiting market regulator Sebi's nod for offloading 51 per cent stake, in which the likes of Nasdaq and NYSE have shown interest.
The company's IPO -- the first by a private bank in a decade -- was oversubscribed a staggering 69.62 times.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
