The 11th edition of the Mercedes-Benz Classic Car Rally in Mumbai on Sunday featured headturners that left the audience gasping in awe. Rajesh Alva/Rediff.com presents a ringside view.
Luxury carmakers are shifting into high gear with a mix of product launches, personalised experiences and lifestyle-led engagement.
The rise of startups and a thriving entrepreneurial culture in Tier-II and Tier-III cities is contributing to the increasing sales of high-end cars.
The stock of the country's largest passenger vehicle maker, Maruti Suzuki India (MSIL), has been hitting successive all-time highs over the past three trading sessions. The rally in the scrip has helped it notch over a 21 per cent gain since the start of February, outperforming the National Stock Exchange Nifty Auto Index. The gains for the leader of small passenger cars have been more recent, as the company still trails the Nifty Auto over one- and two-year periods.
In the semis, Hewitt beat Nicolas Kiefer while Ferreira dumped Mark Philippoussis.
Prominent ones are Maruti's smoky Ciaz and Fiat's gorgeous Avventura.
Dr Ravi Prakash's 250 vintage car collection includes J R D Tata's 1940 Buick Limousine and a Sunbeam-Talbot used by Lord Mountbatten.
Big bull's holdings cross Rs 7,200 crore (Rs 72 billion).
Thousands of security personnel and high-tech surveillance systems dotted every nook and corner of this Turkish resort town as leaders of the world's 20 top economies congregated here for the two-day G20 Summit.
Apart from a pavilion of vintage cars, there will be a Bollywood corner
MRF test drives a new, more luxurious, brand.
To some the public humiliation of Shiv Sena leader Manohar Joshi at the party's annual Dussehra celebrations in Mumbai may have come as a shocker, but his relationship with the party and the Thackerays has always been rocky, says Neeta Kolhatkar.
Indian billionaires do not believe in sitting on their wealth.
