The overall volume at India's top four M&HCV makers - Tata Motors, Ashok Leyland, Volvo Eicher, and Mahindra & Mahindra - fell 59.5 per cent to 31,067 units during the month.
Higher costs of car inventories, missing sales targets and manufacturer expectations, and soaring rentals, are eating into dealers' margins.
The success of the auction may not be more than a little step in Pearls Agrotech Corp's recovery process of over a Rs 49,100 crore plus interest
Did you know Justin Bieber will take a chopper to the DY Patil Stadium, where his concert will be held on May 10?
TAL Manufacturing Solutions expects its indigenously made affordable industrial robot, the Brabo, to boost the robotics vertical and contribute almost 40 per cent of its overall revenues in the next five years. Sohini Das reports.
A look at the top tweets from your favourite Bollywood celebrities.
Private equity (PE) is set to play a bigger role in banks. Of 21 recommendations accepted by the Reserve Bank of India (RBI) out of 31 made by its Internal Working Group (IWG), its stance on non-promoter holdings in private banks is seen with excitement, though it doesn't refer to PEs explicitly. On non-promoter holdings in these banks, the RBI said this will be capped at 10 per cent of the paid-up voting equity share capital in the case "of natural persons and non-financial institutions and entities"; and "at 15 per cent for all categories of financial institutions, entities, supranational institutions, public sector undertaking, or the government." While this is a modification of the IWG's stance for the non-promoter holding in banks at up to 15 per cent, it does open up a huge window for PEs, all the same. This is because, while the RBI has remained silent on the eligibility of industrial houses for bank licences, fresh high-quality capital in large amounts can only come from PEs.
Banks bore the brunt of the sell-off.
Five talking-points from the Premier League weekend after Manchester City suffered a shock home loss to Crystal Palace, meaning that Liverpool stayed four points clear at the top following their win over Wolverhampton Wanderers.
Tata Zica was designed by an international team resulting in a more modern look.
All of these companies are present in India.
According to engine data automatically recovered from the missing Boeing 777, investigators believe the plane remained airborne for another five hours after vanishing from the radars.
After a week of public arguments about Premier League players, who earn an average salary of 240,000 a month, refusing to take a pay cut while top clubs use public money to pay their furloughed non-playing staff, there is little doubt that the game -- and its players -- have suffered a serious blow to their image. There is no question that many footballers do help out good causes generously, just as most clubs are engaged with effective community programmes all-year round.
Stand-up comedian Bharti Singh on the new season of the reality show India's Got Talent.
In New Delhi's corridors of power, debate continues on whether the navy even needs a third aircraft carrier.
The world's most visited museum, the Louvre in Paris, will remain closed on Friday as the River Seine surged to its highest level for over 30 years in the French capital following torrential rainfall.
Indian billionaires do not believe in sitting on their wealth.
From acquiring creative agencies, to setting up onsite innovation centres and turning around BFSI with entirely new digital offerings, 2018 had seen the IT industry going from initial lows to new highs.
A lowdown on what's happening in the world of Hollywood, right here.
The DARIN-III navigation attack system allows a Jaguar pilot to feed in the coordinates of targets deep inside enemy territory.
Come 19th September and get ready to be swoon at the Frankfurt Auto Show with the series of line-up planned by BMW.
New data show tax reform, better tracking needed
A US-made C-130J military transport plane, one of the most modern aircraft acquired recently by the Indian Air Force, crashed on Friday near Gwalior, killing all the five crew members, including four officers.
The Maybach S650's focus on luxury would make a private jet's interiors appear pedestrian, says Pavan Lall. Does it mean it has no room for improvement?
Frozen mutual funds and shares worth Rs 86.72 crore belong to Choksi and his group, and the rest are owned by the Modi group.
The whole project smacks of cronyism and corruption
The growth rate could continue for another seven years.
'For more than two decades, Pirlo, with the velvety touch, penetrative eye, and parabola-pass perfection, roamed the middle of the park like a creative colossus.'
Reuters sports writers chose their team of the tournament.
A look at few gurus who have attracted controversy in recent times.
TCS is tapping an emerging opportunity called IT modernisation, which potentially could be a growth driver for the entire IT services industry for the next two to three years, says Raghu Krishnan.
Seeking to strengthen Indo-UK economic ties, Prime Minister Narendra Modi on Thursday arrived in Britain on his first visit to the country during which he will have a hectic schedule that will start with talks with his British counterpart David Cameron.
British pilots Steve Brooks and Matt Jones will circumnavigate the globe in a restored Spitfire.
'This was the first time that I played points and that was too much for me today'
Tech grads from BITS Pilani identify a problem and then use technology to solve it. The Visit story.
A look at few gurus who have attracted controversy in recent times.
This is the car major's second coming in India.
The Lynkan Hypersport is a limited production hypercar by W Motors.
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