Overseas shipments at auto firms expanded at a brisk pace year-on-year (YoY) in March, bumping up the overall annual exports for FY22 and taking it to a record level for some like Maruti Suzuki India and Bajaj Auto. Amid a semiconductor shortage, a depreciating rupee and a strong demand in various export destinations, passenger vehicle makers diverted capacity meant for the local market in favour of the more-lucrative export market. Among the passenger vehicle makers, market leader Maruti Suzuki led the rally with its overseas shipments touching a record level of 238,376 units in FY22 - the highest for the company in any financial year.
The SIT has been directed to take up the investigation of the case immediately and carry out a professional and impartial investigation to ensure transparency.
'Had I stayed longer inside the house, the game would have become dirtier. There is no mental peace in the house. The housemates need to understand mental peace; everything is not about fighting and howling.' Puneet Vashist discusses his short stint in Bigg Boss 9.
Distribution yields could rise, but risk of Covid, higher interest rates remain.
'As we expect the economy to continue to grow above the trend line, we expect capex decisions to be taken next year when there is more certainty about the cost of funding and the economy.'
The second season of Illegal is neither gripping nor realistic, rues Namrata Thakker.
*Everyone* in Bollywood celebrated the man who has become such an integral part of the industry.
A summary of Ranji matches played on Wednesday.
In a reprieve for Bharatiya Janata Party leader Tajinder Pal Singh Bagga, the Punjab and Haryana high court on Tuesday ordered the continuation of the interim protection against arrest granted to him till July 6 in a case of allegedly making provocative statements, promoting enmity and criminal intimidation.
Do you think Yami Gautam and Vikrant Massey will look good together on screen?
We asked you to share pics of your furry companions. This is what our readers shared.
Encouraged by a steady recovery seen in the first two weeks of February, hospitality firms expect the business hotels in metros including Mumbai, Bengaluru, Chennai, Kolkata and Hyderabad that have been lagging the leisure hotels in terms of revenue per available room (RevPar) to catch up in the coming months. Huge pent-up demand for MICE (meetings, incentives, conference and exhibitions) as companies slowly return to hosting physical events coupled with easing of the recently announced restrictions on international travel, will also help in getting closer to pre-Covid levels of revenue, they said. The Omicron wave that peaked in January had derailed the strong month-on-month recovery seen by the hotels since August.
A round-up of Ranji Trophy matches played on Friday.
A round-up of Day 1 of the Ranji Trophy matches played on Monday
A summary of Thursday's action in the Ranji Trophy group stage matches.
Dentist Puneet Mehra, 35, said that the Indian Embassy in Beijing informed him on Monday that the transportation of his mother's body has got delayed in view of the restrictions on movement of people and vehicles in China after the outbreak of coronavirus epidemic in the neighbouring country.
The Chandrakant Pandit-coached side lost opener Yash Dubey (9) cheaply after he was trapped in front of the wickets by pacer Mukesh Kumar (2/45).
Tata Motors, India's third largest passenger vehicle maker, took pole position in the competitive sport utility vehicle (SUV) market in October, reveals the data from industry sources. Riding high on the Punch - the sub-compact SUV offering launched on October 18 - the Tata group flagship sold a record 23,381 units in October, higher than 20,022 units sold by archrival Mahindra & Mahindra, 18,538 units sold by Hyundai Motor India, and 15,931 units sold by Kia Motors India. Utility vehicles - that include SUVs and multipurpose vehicles - accounted for almost one in every two passenger vehicles sold in India in the first seven months of the current financial year, according to the Society of Indian Automobile Manufacturers.
The Race 3 crew celebrate Ramesh Taurani's birthday.
The issue also underscores the growing scrutiny by investors and voting advisory firms of the performance of board members.
Punjab Cricket Association has requested former India all-rounder Yuvraj Singh to come out of retirement and become a player-cum-mentor of the Punjab team in domestic cricket.
'The selling in India may emerge as soon as the RBI reverses its interest rate stance.'
After a stellar run that saw the frontline indices - the S&P BSE Sensex and the Nifty 50 - clock gains of around 21 per cent and 24 per cent respectively in calendar year 2021 (CY21), the year gone by in real sense belonged to the mid-and small-cap segments. Thus far in CY21, the mid-and small-cap indexes on the BSE have far outpaced the run in the frontline indices and notched up a gain of around 38 per cent and 61 per cent, respectively during this period. Though analysts expect the outperformance to continue in 2022, they caution against the multiple headwinds in the year ahead that may dent the overall market sentiment.
Mumbai produced an incisive bowling display to bundle out Uttar Pradesh for a paltry 180 and take the crucial first-innings lead on the third day of their Ranji Trophy semi-final, in Bengaluru on Thursday.
'Thankfully, most investors in India have now seen through this false narrative and are once again deploying their hard-earned money.
Investors with high risk appetite must stay invested while risk-averse investors can consider profit booking.
'Indices will remain range bound in 2022 as earnings catch up with the current multiples.'
After a stellar run in 2021 that saw the S&P BSE Sensex and the Nifty50 clock gains of 20 per cent and 22 per cent respectively, global equity markets, including India, are gearing up to welcome 2022 on a cautious note. For one, new variants of the Covid -19 infection that make current vaccines less effective is one of the key risks worth flagging, analysts said. Inflation was also a risk for this asset class in 2021, although most market participants expect that the current elevated inflation levels will be transitory.
'Overtightening of monetary policy by central banks and the spread of new Covid variants, which may force governments to restart lockdowns or restrict mobility.'
'The recent correction in indices has made the markets cheaper to invest for the long term.'
A look at the new batchmates in Student Of The Year.
Earlier in May, Ford India announced that it had dropped its plans to make electric vehicles (EVs) in India, which it intended to export, under the production-linked incentive scheme (PLI). Ford was among 20 companies that had signed a Champion OEM Incentive Scheme under the PLI project with the government in February this year. The decision comes as a blow for the 4,000-odd employees at Ford India's Maraimalai Nagar plant near Chennai and in Sanand, Gujarat. In September last year, the company had announced that it would exit the India market, which it had entered in 1995 through an on-again, off-again joint venture with Mahindra & Mahindra (they split in 1998, signed a JV in 2019 and split again in December 2020), retailing petrol and diesel brands such as the EcoSport, Figo, Aspire, and Endeavour.
The Supreme Court Monday allowed Mumbai Police to carry on the investigation against former police commissioner Param Bir Singh but restrained it from filing charge sheets on the first information report (FIRs) against him over the allegations of misconduct and corruption.
Dhapola's feat did not miss the attention of the BCCI secretary Jay Shah who termed it as one of the finest bowling performances of the tournament.
'Sectors that had been left out till now will also start participating in the rally.'
'We remain positive on technology, private sector financials, gas, infrastructure, and export-oriented plays.'
'Young working adults between 25 and 34, who are in Indian Tier II and III cities, are leading the charge in terms of crypto adoption.'
'Investors should keep them on their radar and invest over a longer time frame, and expect some of these companies to bite the dust.'
Quite a few superstars are bringing their big releases to the big screen this month.
