Maruti Suzuki India (MSIL) - the market leader in small cars - is eyeing the top spot in the sports utility vehicle (SUV) segment within a year - with a 33 per cent share of the pie. The company has been selling two SUVs - the Brezza and the Grand Vitara - and will start deliveries of the Jimny and the Fronx from March-end, and has set a target of growing its share from the current 11.5 per cent of the SUV market to 33 per cent by the end of 2023-24. The SUV segment is roughly about 42 per cent of the total passenger vehicle market, or around 1.3 million units.
HS Prannoy made an early exit from the Korea Open Super 500 tournament
Here are some photographs from the Opening Ceremony:
India's biggest sporting legends Sachin Tendulkar, Abhinav Bindra and Vishwanathan Anand hailed PV Sindhu for her valiant performance in the Olympic final against world number one Carolina Marin. Abhinav Bindra in his message for Sindhu said that he wasn't as heartbroken after missing out on a medal himself as he is today (Saturday). India's only individual Olympic gold medallist tweeted: "I think I'm more heartbroken today (after Sindhu's loss in final) than I was a week ago! Well played @Pvsindhu1 you are an inspiration to me!"
Star Indian shuttler HS Prannoy has pulled out of the Denmark Open Super 750 tournament due to a back injury that troubled him during his maiden bronze medal-winning run at the recently-concluded Asian Games.
PV Sindhu considers Saina Nehwal as her role model and wants to follow in her footsteps by breaking into the top-10 of the world rankings.
The world No. 6 Indian duo will next face Danish pair of Jeppe Bay and Lasse Molhede later on Friday.
"She will need to be at her best for next year which will have Asian Games and also the 2024 Paris Olympics qualification, playing about 22 tournaments will be tough, so she is taking extra care,"
S&P Global Ratings has upgraded its long-term ratings on Tata Motors to speculative grade 'BB' with stable outlook on earnings improvements and potential deleveraging. The ratings agency had earlier placed Tata Motors in 'BB-'. As per S&P ratings, a BB grade is less vulnerable in the near-term but faces major ongoing uncertainties to adverse business, financial and economic conditions.
Analysts have predicted a 23 per cent volume growth for the auto segment between FY22 and FY25, riding on the company's differentiated EV and SUV plan. M&M is already a market leader with a 36 per cent share in electric three-wheelers, and its Zaheerabad plant in Telangana is ready to cater to demand. In the farm segment, the company plans to focus on niche electric products.
PV Sindhu and HS Prannoy had lost in the quarter-finals in the women's and men's singles respectively.
The S&P BSE Auto Index has been one of the biggest outperformers among sectoral indices over the past year with returns of 26 per cent. By comparison, the benchmarks - the National Stock Exchange Nifty50 and the S&P BSE Sensex - managed about 6-8 per cent during this period. Improving demand, falling raw material costs, and rising product realisations, led by the premiumisation of portfolios, have led to a revision of growth estimates and upgrades by domestic brokerages.
Sindhu was completely overpowered in the second as Fang Jie upped her game and gave little room to the Indian to approach the net and play her drop shots.
Satwik-Chirag pair achieves career-best world no. 2 ranking
Ace shuttler PV Sindhu on Sunday offered prayers at Mahankali temple in the old city of Hyderabad.
Satwiksairaj Rankireddy and Chirag Shetty entered the semifinals of the Korea Open Super 500 tournament with a straight game win.
Star Indian shuttlers PV Sindhu and Kidambi Srikanth will look to arrest their slump in form when they begin their campaign at the Australia Open badminton tournament in Sydney on Tuesday.
Educational technology company Byju's chief financial officer Ajay Goel has quit after completing the audit process for the financial year 2022 and will return to Vedanta, the company said in a statement. The edtech major has roped in industry veteran Pradip Kanakia as senior advisor, and president (finance) Nitin Golani has been given additional responsibility as India chief finance officer (CFO) to handle the finance function of the company.
'Until April 2024, we have the qualification period so until that we might push for more tournaments but the plan is to pick and choose after you qualify and then gradually peaking before the Olympics.'
With the main draw of the Asian Badminton Championships set to get underway from Wednesday, the struggling Indian shuttlers face an uphill task.
From Neeraj Chopra to PV Sindhu, India's top sports personalities hailed Prime Minister Narendra Modi for hosting a successful G20 Summit and taking "international diplomacy to a whole new level".
Following is India's schedule at the Asian Games in Hangzhou on Wednesday, October 4.
Following is India's schedule at the Asian Games in Hangzhou on Wednesday, October 4.
Nozomi Okuhara's harrowing experience after her touchdown in India was 'unfortunate and won't happen in future'
Vishakan has urged the court to issue an interim direction for return of his mobile as it was the sole source of his livelihood.
Lakshya Sen sails into third round of World Championships
The automobile sector is considered a good indicator of economic health. It has a very long value chain, from primary materials, like metals, glass and plastic, to value-added high-end electronic components, specialised alloys, and software.
Swiss Open champion Satwiksairaj Rankireddy and Chirag Shetty strengthened their world number six position, while women's doubles pairing of Treesa Jolly and Gayatri Gopichand was static at the 18th position.
Cricket Association of Bengal president Sourav Ganguly along with Mumbai Cricket Association joint Secretary Dr PV Shetty are the two erstwhile Indian Premier League governing council members deemed eligible to attend Monday's auctions, but the former captain is not going to be present.
Newly-crowned Canada Open champion Lakshya Sen will hope to continue his winning momentum while beginning his campaign at the US Open Super 300 badminton tournament.
Satwiksairaj Rankireddy and Chirag Shetty achieved a career-best world number three
P V Sindhu let her hair down as the badminton ace showed off some cool dance moves in a sari.
PV Sindhu fell to a crushing loss in the final of the Madrid Spain Masters Super 300 tournament.
Retail sales of overall vehicles in India grew by 15.28 per cent to 2,11,20,441 units in 2022 led by record sales of passenger vehicles and tractors, Federation of Automobile Dealers Associations (FADA) said on Thursday. In 2021, total retail sales of vehicles in India were at 1,83,21,760 units, FADA said in a statement. Two-wheelers retail sales stood at 1,53,88,062 units last year, a growth of 13.37 per cent from 2021 when sales stood at 1,35,73,682 units.
The win ensured Srikanth's dominance over his younger countrymate as he took his head-to-head record to 3-0 over Lakshya.
The total incentive outgo under the ambitious production-linked incentive (PLI) scheme is estimated to be less than Rs. 40,000 crore by the fiscal year 2024-25 (FY25), when it completes the fourth year of implementation, according to the government's internal estimates. This means only a fourth of the allocated Rs 1.97 trillion is expected to be utilised by the end of FY24, indicating that not all the 14 PLI schemes would have taken off fully. While three of the 14 schemes - large-scale electronics manufacturing, bulk drugs, and medical devices - were introduced in 2020, the remaining were launched the following year.
As Kidambi Srikanth lost his second round match, India's campaign ended at the Singapore Open.
Satwik and Chirag jumped one spot in the latest BWF rankings to regain the fifth place.
'The laughs, the memories and quality conversation. What an honour.'
Star Indian men's doubles pair of Satwiksairaj Rankireddy and Chirag Shetty stormed into the second round in the Korea Open Super 500 tournament.