Ahead of the international auto show that begins next Wednesday, the Indian auto industry continues to be buffeted with bad news. According to data released by leading automobile companies on Saturday, the industry's sales volumes in January fell about five per cent from those in the same month last year.
'It is going to be as high as 50% in the coming one or two months and can be about 20% to 25% in the medium term.'
The 5-seater Compass is set to take on Hyundai Creta, Mahindra XUV500, Renault Duster, Toyota Innova and Tata Hexa.
What stocks will gain from a normal monsoon?
Prasanna D Zore/Rediff.com drives the Mahindra Reva to Pune and comes away impressed with the electric car.
GST will lead to consolidation of multiple indirect taxes
While offering discounts of up to Rs 1 lakh, Hyundai, Ford and Honda are also hiking prices by 1-2% from January, Swaraj Baggonkar/Business Standard reports from Mumbai.
Car makers are cautiously optimistic, even as two-wheeler firms are clearly upbeat.
Sensex may remain under pressure this week due to weak global factors.
Hyundai to launch its new SUV- Creta in second half of 2015 in India.
Buoyed by strong sales, Maruti Suzuki, Hyundai and Honda have scaled up their annual targets, but others are still stuck in low gear
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.
Tata was concerned that most innovations were happening outside India, some by Indians.
With no signs of economic revival under the current political circumstances, SIAM said it expected a turnaround in the fortune of the auto industry only after a new government is formed after the general elections next year.
During September, Maruti said it dispatched 1,375 units of the soon-to-be-launched sedan Ciaz.
If you opt for a petrol variant, you will need to reapply for loan.
Secretary of State for Foreign Affairs William Hague and Chancellor of the Exchequer George Osbourne, heading the largest business and ministerial delegation ever, arrived in Mumbai, their first port of call, during a two-day visit to the country.
IIP for November 2015 and CPI for December 2015 will be announced today.
Presenting the Narendra Modi government's maiden Rail Budget, Railway Minister Sadananda Gowda announced setting up of logistic parks and private freight terminals on PPP model.
'Landmark developments herald the end of two decades of stagnation in the army's modernisation plans,' notes Brigadier Gurmeet Kanwal (retd).
Sales of commercial vehicles rose 8.59 per cent to 56,140 units in September, SIAM said.
Good looks and smart features in the new Honda BR-V make it ideal for those looking for a dash of thrill
Finance Minister Arun Jaitley last month pointed to the high cost of capital for India's businesses as a key factor behind a manufacturing slowdown.
'Elevator rules deem no more than two people for a unit that carries six people, and as an employee enters the office, there are three masks to be used for five hours each a day, then disposed and one for the next day as well.'
According to a report by rating and research agency CRISIL, it now takes six years to recover the premium-between Rs 100,000 on small cars and Rs 300,000 on luxury sedans-paid for diesel variants.
Under its Turnaround 2.0 programme, Tata Motors will work to improve its sales capabilities -- "as the product itself is not enough" -- use experiential marketing to excite the market and cut costs to make its offerings more competitive.
No Indian auto brand (including Tata or Mahindra) is well-known globally.
The defence ministry has lost sight of what it intended to achieve -- which was to nurture private defence firms that would compete on equal terms with the 9 defence PSUs and the 41 Ordnance Factory Board factories.
This is the seventh straight month of growth
Capital goods shares continued to trade firm in late noon despite weak market trend on the back of encouraging core sector growth in February.
Unconventional and still quirky looking as ever, the Mojo gets me thinking of the Predator (from the Arnold Schwarzenegger classic) with hints of Yamah's (bug-eyed) 125cc Fazer and Triumph's Street Triple to stir things up.
Companies have also managed to find talent created by frequent exits.
Investors accumulated quality stocks at valuable and attractive levels.
The 30-share Sensex gained 271 points to end at 28,805 and the 50-share Nifty ended up 84 points at 8,712.
'Local support is very important, without it the terror attack couldn't have taken place.' 'Explosives were secured, the IED was manufactured, the boy was brainwashed and converted into a suicide bomber... it takes a lot of planning and hard work.'
Financials emerged as the top gainers while auto shares rallied on robust September sales
High-end mid-sized sedans, comfy SUVs and entry-level luxury models steal their show.
Nifty50 surged 145 points to close at 8,468 after hitting an intra-day high of 8,475.
Many say Tata Motors has perhaps paid the price for being too ambitious.
