Car sales likely to touch record 3-mn mark by the end of March.
The new car, which would come in four variants and two options, is priced between Rs 2.57 lakh and Rs 3.53 lakh.
The MG Motor India management is focused on scaling up and launching smaller cars to play the long game in the country, says Pavan Lall.
It is fully geared up for the new tax regime and its vehicles will be available under the new prices with immediate effect.
It's bullish on electric vehicle segment as govt is keen to buy around 20-25k electric vehicles
Car makers are trying hard to boost sales in India.
Issues like high insurance cost and the announced price hike effective January could also weigh on sales in 2019. The only bright spot is the softening seen in fuel prices over the past month.
Retail investors have gained significant heft in the past year amid a sustained uptick in Indian equities. The share of retail investors in companies listed on the NSE reached an all-time high of 7.32 per cent in the quarter ended December 31, 2021, up from 7.13 per cent in the previous quarter and 6.9 per cent a year ago, the data from PRIME Infobase shows. This was despite the Nifty's 1.5 per cent decline during the quarter.
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The Council includes companies like Tata Motors, Flipkart, Airtel, P&G, Madison World, ICICI Bank, HUL, Micromax and Future Group among others.
The GST Council last year imposed a cess of 15 per cent on hybrid vehicles, in addition to the 28 per cent GST, leading to a total tax burden of 43 per cent against a previous tax rate of 28 per cent.
No Indian auto brand (including Tata or Mahindra) is well-known globally.
'Cyrus was always very different. He would think before acting.'
The growth rate could continue for another seven years.
Striking workers lacked support in the Pimpri-Chinchwad-Chakan belt.
Increasing the duties on auto parts and putting an additional cess on petrol and diesel could drive up costs of vehicles, specially where volumes are low and localisation is not viable.
Automaker to shift 200-300 workers from its Pantnagar facility to handle increased manufacturing.
The two new products are part of the company's revival strategy plans in India where it has been struggling to win consumers.
The weakness in the rupee and broader markets has led to evaporation in the market cap.
The entire range of Hyundai's diesel cars - from compact ones to SUV models, including the soon-to-be-launched Aura - will be eco-friendly.
Sales of four- and two-wheelers almost halved in August, compared to the equivalent month last year.
'Zero Day' visitors like Maruti Suzuki, TVS, Tata Motors, Hero MotoCorp, Ashok Leyland and Bajaj Electricals are visiting fewer campuses.
New regulatory rules, softer freight rates and a liquidity crunch at non-bank lenders are among the reasons.
Venkataraman Krishnamurthy, who is considered as the turnaround man of several Indian corporate houses like BHEL, Maruti Udyog, SAIL and Gail (India), passed away on Sunday at the age of 97. Krishnamurthy is considered as "the father of public sector undertakings in India" by many in India Inc. Born in the temple town of Tamil Nadu's Karuveli, he started his career as an airfield technician during the Second World War.
HR can make better hiring decisions with solutions powered by robotics & machine learning.
The Sensex closed the day at 28,141, up 486 points, while Nifty50 settled at 8,716, up 155 points.
Second body blow after diesel ban on engines of 2,000 cc and above in NCR.
Parts of electric cars are costlier and repairing often means replacing an entire system, which drives insurance premium rates up.
All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
Availability of jobs at India's auto companies has shrunk significantly over the last two years, as the industry goes through one of its worst slowdowns. More than 60 per cent of the total workforce fell by 24 per cent in 2019-20, against 2017-18.
More activity in the IT, health care, services sectors; manufacturing firms keeping fingers crossed.
Banking and real estate stocks rise up to 5% on further rate-cut hope.
Among Sensex components, shares of Reliance Industries, India's largest company by market value, stole the show by surging 1.61 per cent to their highest in over three months.
Eight of the 30 companies in the BSE Sensex that shared data reported 99 fatalities in 2016-17 against 86 in the previous year. These lives were lost due to industrial accidents at manufacturing facilities. Fatalities owing to road accidents were excluded from the count.
'The semiconductor supply is constantly improving, with visible green-shoots in the situation as compared to earlier part of last year'
The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
Poor contract workers often have little or no access to safety equipment or health benefits in factories.
Industry watchers attribute a lot of the current successes of the $6 billion Hero Group to how B M Munjal planned and executed succession in HeroCorp, balancing the interests of other family-owned businesses.
Few people know Ratan Tata as well as R K Krishna Kumar does. Widely perceived to be among the managers closest to Tata, Krishna Kumar assesses Ratan Tata, the man and business leader, in this exclusive interview to Rediff.com's Vaihayasi Pande Daniel.
The calculation excludes cross-holding of listed group cos in each other.
Close to 50 models were launched in India in the past 12 months, but companies have not been able to realise their potential due to the pandemic.
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