Hyundai Motor India expects its SUV range to gain further traction in the domestic market with demand for personal mobility gaining momentum post the second wave of COVID-19, according to a senior company official. The company, which already leads the SUV space with models like Venue, Creta, Tucson and recently launched Alcazar, is looking to maintain its lead in the segment which is growing with each passing month.
Maruti Suzuki, Hyundai and Tata Motors reported their highest-ever dispatches to dealers last fiscal, enabling the domestic passenger vehicle industry to log in best-ever performance to date. The country's largest carmaker Maruti Suzuki India reported its highest wholesales to date at 19,66,164 units, up 19 per cent from 16,52,653 units in 2021-22. Its domestic dispatches rose to 17,06,831 units in 2022-23, up 21 per cent from 14,14,277 units in 2021-22 fiscal.Hyundai Motor India said its overall wholesales last fiscal were the highest ever since commencing operations in the country.
The India Meteorological Department on Friday predicted that Delhi will likely receive light to moderate rain accompanied by thunderstorms for the next 4-5 days.
These recommendations are based on interactions held by the Banks Board Bureau with eligible candidates from PSBs towards appointment against vacancies in PSBs for the period 2018-19
Kamil's elder sister Samina Vaziralli has taken on an expanded role
Car deliveries during the nine-day period saw sharp year-on-year (double-digit increase for most automobile companies.
'Indices will remain range bound in 2022 as earnings catch up with the current multiples.'
Fabindia's chief executive officer and managing director, who were summoned by the Goa police in connection with the voyeurism case, failed to appear before the investigating officer on Tuesday, even as the police summoned 11 employees of the outlet for questioning.
Leading the Indian-Americans on the list is 49-year old Aneel Bhusri.
Major carmakers, including Maruti Suzuki, Hyundai, Tata Motors on Friday reported growth in their passenger vehicle sales in June as semiconductor shortage woes showed gradual signs of easing out. Other manufacturers, Kia India, MG Motor India and Skoda Auto India also reported robust sales growth last month. Maruti Suzuki India (MSI) reported 5.7 per cent increase in total wholesales at 1,55,857 units in June as compared to 1,47,368 units to dealers in June 2021.
Kalanithi Maran and another top company official have been summoned as accused by a Delhi court in two tax evasion cases.
After turning net buyers for the fifth straight month till June, foreign portfolio investors (FPIs) withdrew a net of Rs 11,743 crore ($1.7 billion) in July. This was their highest outflow since October 2018.
The court had on July 21 issued summons to the firm, Maran and Natrajhen and directed them to appear today after taking cognizance of two I-T complaints filed against them.
The ministry on Sunday wrote to the Delhi government, saying the bodies of suspected COVID-19 cases should be handed over to their relatives without waiting for laboratory confirmation but the mortal remains should be treated as per the government guidelines.
Banks have Rs 10 trillion in stressed assets - Rs 7.8 trillion of bad loans and Rs 2.2 trillion of restructured ones.
Apart from navigating the bank through the Covid crisis, Jagdishan may also have to deal with the latest development on the auto loan lending practice scam. He will be expected to deliver consistent profit growth of 20 per cent-plus quarter after quarter, irrespective of the operating environment.
The fire department said the four-storey building, which did not have a fire safety certificate, had a single entry and exit point.
The October 28 decision of the President rejecting the plea is based on an opinion rendered by the Election Commission, the poll panel said.
A case has been registered under Section 304 (punishment for culpable homicide not amounting to murder) of the Indian Penal Code against building owner Rehan, who had absconded after the fire broke out.
A total of 16 secretaries have been appointed to various central government departments.
Unlike last year, investors turn cautious on e-commerce sector.
At present MTNL and BSNL do not impose roaming charges for mobile internet services on each others customers.
The court said accused cannot leave India without getting its permission.
Crisis-ridden National Spot Exchange Ltd (NSEL) on Wednesday said its Delhi-based member Mohan India Ltd has agreed to pay to the exchange about Rs 771 crore (Rs 7.71 billion) in final settlement over the next one year.
Five accused, including Railway Minister P K Bansal's nephew and suspended member (staff) in the railway board, were on Thursday remanded in judicial custody till May 20 by a Delhi court in connection with the Rs 10 crore railway bribery case.
While sales of compact cars, including models such as Swift, Celerio, Ignis, Baleno and Dzire declined, sales of utility vehicles, including Vitara Brezza, S-Cross and Ertiga, increased 26.3 per cent to 19,177 units as compared to 15,178 in the year-ago month.
The fire department said they received a call around 4.23 am about a fire in the factory at Udoh Nagar area after which seven fire tenders were rushed to the spot, the official said.
The jewellery industry has welcomed the government's decision to ban old Rs 500 and Rs 1,000 notes, saying gold demand will rise as people will have more faith in the precious metal than the currency notes. But the unorganised builders and secondary (resale) property market would be adversely impacted.
The CBI said the software enables the user to save all required details to book Tatkal tickets beforehand.
The junior Ambanis - Anmol and Anshul - were inducted on the board to respect the wishes of the shareholders who during the recent AGM asked the management to get fresh blood into the company by bringing them on board.
Vistara'a launch, the steel plant at Kalinganagar and e-commerce venture are the ones most awaited for
Smart positioning, continued communication and a global design language have played a big role, say experts
Leading automakers Maruti Suzuki India, Hyundai Motor, Kia Motors and Tata Motors reported sales growth in the domestic market in November, aided by robust offtakes amid the festival season. While Maruti Suzuki India reported marginal growth, Hyundai logged in its highest ever monthly sales in November. Others like Honda Cars India, Toyota Kirloskar Motor, Mahindra & Mahindra and MG Motor India also reported sales growth in November as compared with the same month last year.
Given the pressure from India Inc and the banking fraternity, it is surmised that the portfolio rejig will take place before April.
A team of scientists at the Indian Institute of Petroleum in Dehra Dun has developed a new technology to convert environmentally-hazardous plastic into petroleum products.
A Delhi court on Friday dismissed the bail plea of former Railway Minister P K Bansal's nephew Vijay Singla, suspended Railway Board Member Mahesh Kumar and five others in the Rs 10 crore cash-for-post railway bribery case.
Political temperatures were soaring in several states that could see close contests, with parties trying to keep their flock together and trading accusations of poaching of MLAs.
Several leading industrialists, including Reliance Industries CMD Mukesh Ambani, Vedanta Resources Limited executive chairman Anil Agarwal, chairman emeritus of Tata Sons Ratan Tata, Mahindra Group chairman Anand Mahindra, Paytm Founder and CEO Vijay Shekhar Sharma, Welspun Group chairman and Assocham president B K Goenka, attended the swearing-in ceremony.
OVL had bid for two of the 10 shallow-water blocks that Myanmar had auctioned in December but drew a blank when the fields were awarded on March 26.
A Delhi court on Thursday extended till July 19 the judicial custody of suspended Railway Board Member Mahesh Kumar and Vijay Singla, nephew of former railway minister P K Bansal, besides five others in the Rs 10 crore cash-for-post railway bribery case.
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