The Directorate of Enforcement is investigating Ringing Bells, the company which has launched smartphone for Rs 251, for alleged contravention of FEMA.
Though NCLT has extended window to find a buyer, bankers don't see much hope of a deal.
This is the first decline since June this year when car sales declined by 11%.
The fall was led by banking stocks, with IndusInd Bank, Kotak Bank, Federal Bank, Axis Bank, ICICI Bank, HDFC Bank and SBI declining up to 2.36 per cent.
These five are budget-friendly yet feature rich.
A simple guide to find out India's best commuters, from among Bajaj CT 100, Hero MotoCorp HF-Dawn, TVS Sport, Yamaha Crux and Mahindra Pantero T4.
As a tech services company, Ola has never been in hardcore manufacturing. And unlike in ride hailing, which is a two-player market (Uber is the only other competitor), in two-wheelers it faces many entrenched players. But most of all, rivals say Ola's targets are out of sync with most, even ambitious, projections.
The Nexus 6 promises a lot in terms of performance and quality.
The new financial year started on a mixed note for car makers.
For a change, glamour goes rural as exhibitors glam up their products meant for India's villages.
The increase in PV sales in September was driven by festive season purchases, with SUV models like Maruti Suzuki's Brezza, Hyundai Creta, Mahindra Scorpio, Ford Ecosport and Honda W-RV witnessing good traction
M&M also saw its domestic passenger vehicle sales grow by 1 per cent, while Toyota Kirloskar Motor witnessed a decline in its PV sales.
The index widened its loss towards the fag-end on emergence of intense selling in heavyweights like ITC, RIL and ICICI Bank. In percentage terms, however, Sun Pharma was the biggest loser with 9.39 per cent drop. Intra-day, the pharma major's shares tanked over 20 per cent.
'The Chinese are only about 160-170 km behind.' 'It will not take much time for them to bring their troops back, considering that they have better infrastructure -- and the weather is now favourable.' 'They can move in much faster as the terrain favours them.'
The warning by the anti-trust watchdog has come days ahead of Amazon founder Jeff Bezos' India visit, about which the Seattle-headquartered company has been tight-lipped. Sources in the know indicated that Bezos, coming on a short trip, has sought a meeting with Prime Minister Narendra Modi.
Auto majors like Honda, Hero MotoCorp, Mahindra, Vespa, Yamaha and TVS have launched a slew of products to take advantage of the rising interest in scooters in India.
Valentino Rossi made it five MotoGP wins in a row at the Italian Grand Prix
The TVS Phoenix 125 is a comfortable commuter motorcycle with good quality, writes Faisal Ali Khan of MotorBeam.com.
Yamaha's Jorge Lorenzo trimmed the gap to championship leader Dani Pedrosa at the top of the MotoGP standings to seven points when he stormed to victory at a sweltering Catalunya Grand Prix on Sunday.
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.
CLSA expects annual net inflows of $15 billion from domestic investors over the next few years in India.
'What volumes will we have with a Rs 1 lakh product?' 'As a company, we will not restrict it to a segment.'
Pakistan's top judge on Wednesday formed a bench to hear a case pertaining to the mysterious death of an official who was probing corruption allegations against Prime Minister Raja Pervez Ashraf and other senior political figures.
However, compared to August, vehicle sales increased by 15.25 per cent on the back of discounts. Maruti led the market in offering heavy discounts and incentives for buyers and dealers, reports Arindam Majumder.
The Andhra Pradesh Police on Wednesday sought seven-day custody of MIM legislator Akbaruddin Owaisi after he was remanded in 14-day judicial custody in Adilabad district following his arrest in a "hate speech" case.
Congress leader Rahul Gandhi took a swipe at the BJP, saying one has to refer to the state-wise election schedule to know when one will have access to the vaccine. The BJP, however, said health is a state subject and its manifesto is for Bihar, not for the entire country, where it has promised that the state will buy the vaccine for its people.
Among top losers that dragged down key indices were Infosys, TCS, Reliance, SBI, Tata Steel and ITC, falling up to 2.15 per cent.
TCS was the biggest loser in the Sensex pack, sliding 3.17 per cent, followed by HCL Tech, Yes Bank, IndusInd Bank, RIL, ICICI Bank, Infosys, Tata Steel, Kotak Bank and L&T, down up to 2.34 per cent.
The workers have been sporting black arm-bands and have stopped taking tea and snacks offered by the company.
Sector-wise, banking, IT, pharma and realty indices drove the market momentum.
Huawei vs Timex: a look at what's on offer.
In the Sensex pack, Yes Bank, IndusInd Bank, Infosys, ICICI Bank, TCS, SBI, Reliance Industries, ONGC, Axis Bank and NTPC rose up to 2.66 per cent.
At Rs 43,150, Dream Neo hopes to create deep inroads into the Indian commuter segment.
From being exorbitantly priced to facing stiff competition, Harley was always going to find it tough to crack a market like India, says Dhruv Munjal.
The initial wage negotiations, which started during late-August 2012, remained inconclusive and fell apart on January 21. The matter was referred to the Deputy Labour Commissioner of the region for further deliberations.
Representatives of employees at the Gurgaon facility on Wednesday said workers would stop cooperating with engineers and supervisors from Thursday.
The initial wage negotiations between workers and management of two-wheeler major Hero MotoCorp's Gurgaon plant remained inconclusive on Monday and the matter has now been referred to Haryana Deputy Labour Commissioner for further deliberations.
