Automobile, apparel and electronics are among sectors that see a sales boost during the festival season, a time when investors expect gains in related stocks. This year could be different: Analysts have factored in all positives and do not expect such stocks to deliver lucrative returns. "Indian households spend across sectors like automobiles, consumer durables, and consumer staples during the festival season.
Domestic passenger vehicle wholesales rose by around 4 per cent year-on-year in November, driven by robust demand for utility vehicles, industry body SIAM said on Tuesday. Passenger vehicle dispatches from companies to dealers rose to 334,130 units last month, the best ever figure for the month of November, from 322,268 units in same month last year. Two-wheeler sales rose to 16,23,399 units last month, a growth of 31 per cent as compared to 12,36,282 units in November 2022.
Traversing from being just vehicle manufacturers to mobility solutions providers amid a raging debate over which eco-friendly technology must be incentivised, the Indian automobile industry is driving in the new year under the shadow of a slowdown in sales with the post-pandemic pent-up demand in distant memory. The shift in the auto industry -- where advanced technologies like autonomous driving, vehicle intelligence, connected features and electrification are quickly gaining traction -- will be reflected in the upcoming Bharat Mobility Global Expo in which India's flagship Auto Expo has been clubbed to be held from January 17-22, 2025 in Delhi-NCR.
India's PV Sindhu remains the only Indian player to have won the prestigious BWF World Tour Finals in 2018.
In 2024 alone, South India saw the highest rise in sales in the luxury segment, with Tamil Nadu reportedly registering a 19.3 per cent increase in premium car registrations from 2022-23
Tata Motors on Wednesday reported a 22 per cent fall in consolidated net profit to Rs 5,578 crore for the third quarter ended December 2024, impacted by s decline in revenue from its passenger and commercial vehicles divisions. The company had posted a consolidated net profit of Rs 7,145 crore in the same quarter last fiscal, Tata Motors said in a regulatory filing.
Two-time Olympic medallist PV Sindhu overcame a sluggish start to defeat world number seven Han Yue of China in a thrilling contest, progressing to the quarterfinals of the Denmark Open Super 750 badminton tournament on Thursday.
Passenger vehicle wholesale in India increased by 14.19 per cent to 3,10,294 units in October against 2,71,737 units in the same month last year as companies despatched more units to dealers to cater to enhanced demand in the festive season, auto industry body SIAM said on Wednesday. According to the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler sales also rose 16.88 per cent to 20,53,814 units, compared with 17,57,180 units in the same month last year. Motorcycle sales were at 13,82,749 units as against 11,16,886 units in October 2019, up 23.8 per cent.
After riding high on the success of her latest movie Padmaavat, actress Deepika Padukone was seen in New Delhi on Tuesday night at the felicitation ceremony of her father and Indian badminton legend Prakash Padukone.
The event's ambitious Guinness World Record attempt will have scores of participants assembling to create a colossal human image of a bird, adorned entirely in pink.
The Indian ace has previously won a silver medal in the 2016 Rio Games and a bronze in the Tokyo edition.
Rising Indian shuttler Malvika Bansod's impressive run at the Hylo Open Super 300 concluded with a runner-up finish, as she fell to Denmark's Mia Blichfeldt on Sunday.
Some of India's largest conglomerates are gearing up to either commission or commercially start the first phase of their new energy projects this year, according to company executives and analysts.
Tesla needs to either sell the same models with reduced features to lower the cost for Indian market, or incur losses.
It's a demoralising loss for especially considering Japan did not field their full-strength team, with several top players absent.
While Maruti held the top spot for four decades, the Ambassador was the best-selling car in post-Independence India for three decades.
'It is a beautiful portrait of Ek Bharat, Sreshth Bharat.'
Maruti Suzuki India (MSIL) plans to open new Arena Satellite showrooms as the country's largest carmaker aims to tap small towns and new markets, said a senior company executive, amid signs of recovery in rural demand and an approaching festival season. Senior executive officer for marketing and sales MSIL, Partho Banerjee, told Business Standard the company was aiming to penetrate deeper into markets and reach closer to its customers. "We have already had a concept of mobile showrooms in the Arena channel.
The duo is aiming for top-30 ranking and continued success in bigger tournaments.
For the first time in Olympic history, the Opening Ceremony is being held on the banks of the river Seine. More than 6,500 athletes in around 90 boats will sail past the iconic monuments of Paris.
Why is Shailesh Chandra, managing director of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, not worried about the competition?
East Bengal FC gained a lot of momentum as the first half came to a close with the likes of Jeakson Singh, Vishnu and Cleiton getting on the ball in the final third and creating problems for the Mohun Bagan Super Giant backline. However, they weren't clinical enough to end the first half on level terms.
Two-time Olympic medallist Sindhu defeated rising shuttler Anmol Kharb 21-17, 21-15, while Lakshya, 2021 world championships bronze medallist, powered past Malaysian qualifier Sholeh Aidil 21-12, 21-12 in another match.
Rising Indian shuttler Malvika Bansod continued her impressive form this year, pulling off a stunning upset against world No. 23 Sung Shuo Yun of Chinese Taipei to advance to the women's singles pre-quarterfinals of the Arctic Open Super 500 tournament on Tuesday.
London 2012 Bronze medalist Saina Nehwal believes PV Sindhu can rediscover her winning form in time for the Paris Games
On Thursday, Neeraj hurled the javelin in his season's best effort of 89.45m to secure a silver medal, making him the first track-and-field athlete from India to have two Olympic medals, the first being an unprecedented gold in Tokyo.
India's men's singles campaign suffered a setback as none of the players could make it past the opening round on Day 2 of the India Open in New Delhi on Wednesday.
A look at India's schedule at the Paris Olympics on Sunday, July 28, 2024:
Indian shuttlers who competed at the Paris Olympics, including PV Sindhu, Lakshya Sen and the men's doubles pair of Satwiksairaj Rankireddy and Chirag Shetty, are giving the tournament, the year's final BWF Super 1000 event, a miss.
Sindhu has said while there will be a lot of expectations on her going into the Tokyo Olympics
Ace shuttler PV Sindhu, the first Indian woman to bag a silver medal at the Olympics, is the latest athlete whose story is set to be portrayed at the big screen.
At 6.23 am on 29.1.2025, the 50.9 metre tall and weighing 420.7 ton Geosynchronous Satellite Launch Vehicle-F15 (GSLV-F15) is slated to blast off from the second launch pad carrying the 2,250 kg NVS-02 navigation satellite.
Notwithstanding robust volume growth and a strong performance from Jaguar Land Rover (JLR), Tata Motors, the country's second-largest automobile (auto) manufacturer by market capitalisation, disappointed the Street with its January-March quarter (Q4) results for 2023-24 (FY24). While consolidated revenues saw a 13 per cent increase, lower-than-expected realisations in the Indian operations weighed down overall performance.
Treesa Jolly and Gayatri Gopichand (women's doubles) and B Sumeeth Reddy and N Sikki Reddy (mixed doubles) suffered three-game defeats in their opening contests.
Intanon still holds on to the dream of an Olympic medal.
Passenger vehicle retail sales in India witnessed an 11 per cent year-on-year decline in December as semiconductor shortage continued to impact the segment, automobile dealers' body FADA said on Wednesday. The passenger vehicle (PV) retail sales last month fell 10.91 per cent to 2,44,639 units from 2,74,605 units in December 2020. "The month of December is usually seen as a high sales month where OEMs continue to offer best discounts to clear the inventory due to change of the year.
As there is a moderation in car sales, dealer stock levels across the entire industry have surged to alarming heights. However, the situation is under control at HMIL.
...But sales of domestic passenger vehicles dropped 2% to 3% year-on-year in August owing to low demand.
Padma Bhushan recipient PR Sreejesh, a legendary Indian hockey goalkeeper, expressed his gratitude for the honor, stating that India has given him more than what he has contributed to the sport.
Vice President Venkaiah Naidu met P V Sindhu, who recently became the first Indian shuttler to win gold at the World Championships, at his residence, in Hyderabad, on Saturday.
