Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Mahindra & Mahindra has posted a 34.8% rise in sales for the fiscal 2003-04 at 1,15,782 vehicles as against 85,835 in 2002-03 while its SUV Scorpio at 23,976 units posted a whopping 103.3 per cent rise over the previous fiscal.
In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer acquisition.
Striking workers lacked support in the Pimpri-Chinchwad-Chakan belt.
Mahindra and Mahindra Ltd will reduce its debt below the Rs 600 crore (Rs 6 billion) level in the next financial year and is planning to ramp up production of the sports utility vehicle Scorpio to over 2,500 units per month shortly.
Mahindra and Mahindra expects its market share in the utility vehicle segment to substantially go up with the launch of two new products under Bolero brand, according to a company official.
The Mumbai headquartered company also overtook Japanese carmaker Honda to occupy the fourth spot in domestic passenger vehicle market.
The Punjab government blames the slow growth on tax concessions in neighboring Himachal Pradesh and Haryana's proximity to Delhi.
Mahindra and Mahindra on Friday reported a 48 per cent rise in domestic vehicle sales in September on the back of good demand for utility vehicles and three-wheelers.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Sanjeev Nayyar offers a roster of things to do to see the India of our dreams.
Indian companies have made acquisitions of $1 billion so far in January
Delivering a public speech hours after the RBI launched a rescue act for Yes Bank on March 6, Governor Shaktikanta Das reiterated the RBI's affirmation to do whatever was needed to combat the coronavirus impact. On that day, India had only one confirmed COVID-19 infection, the World Health Organisation was five days off from declaring it as a pandemic and the financially debilitating lockdowns were not even on the horizon. Das' promise on efforts to mitigate COVID-19 impact appeared as a footnote in news reports from the event.
Across the country, companies have stepped up their act to contain the crisis. IT and other new economy firms seem to have taken a lead.
The industry players couldn't hide their disappointment.
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.
'I am very optimistic about Tech Mahindra'.
A United States firm has moved the Indian Supreme Court for permission to use the confessional statement of its scam-tainted joint venture partner Satyam's founder Ramalinga Raju in its shareholding dispute.
A new crop of lending agencies like Dewan Housing Finance, Gruh Finance, Micro House Finance Corporation, SEWA and Mahindra Rural Housing Finance have entered the market.
Car sales are likely to grow further in November.
The new diesel engine powered Nissan Micra will get the same motor that powers Mahindra Logan. The 1.5-litre DCI motor is capable of generating top power of 63bhp and 16.3kgm of max torque. The trims for the diesel version of the Micra will be XV and XV Premium.
The regulatory actions, undertaken by the RBI and the government, came hours after finance ministry sources confirmed that SBI was directed to bail out the troubled lender. For the next month, Yes Bank will led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.
The actual expenditure will only be marginally higher and hence, the multiplier effect will be muted.
Slump in realty market to add to woes, debt of top players likely to rise 15-20% this financial year
Twenty-six years after one of the worst industrial disasters in the world -- the Bhopal gas tragedy -- claimed thousands of lives, a local court found all the eight accused guilty of criminal negligence in the case.
By industry estimates, less than five per cent of the passenger car market in India would comprise electric cars over the next five-seven years, at 1,75,000 units, when the industry size would double to 3.5 million units, as against over 1.6 million in 2009.
Sri Lankan President Mahindra Rajapaksa on Tuesday told the United Nations General Assembly that Colombo is concerned over the growing trend of international interference in the internal affairs of developing countries in the guise of concern for security and human rights.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The National Investigation Agency on Monday filed a chargesheet in the Pathankot airbase terror attack, naming Pakistan-based Jaish-e-Mohammed chief Masood Azhar and three others of his organisation as accused.
Delaying action on climate change will hurt growth: Global CEOs.
Ayan Pramanik and Shivani Shinde Nadhe report on the uncertainties that have dragged down shares of TCS, Tech Mahindra and HCL Technologies.
Now, it is life as usual in the merged entity, said an associate.
Quite a few large- and mid-cap stocks are yet to recover from the note ban, pharma, banking and rural demand-based industries among laggards.
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Banks, real estate and metal scrips among the top losers.
This is the seventh straight month of growth
The amount you can raise via a gold loan is higher than you can get via a personal loan.
'They are geopolitical, commercial, educational, cultural and about innovation.' 'Also, they are about a common value system.'
Market breadth turned negative with 1,779 declines over 884 advances on the BSE
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
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