Higher disposable incomes, rural push and infra push to boost auto sector
What has hit sentiment further is a draft proposal by the government to increase vehicle insurance premiums for financial year 2022-23 (FY23). Third-party motor insurance premiums have not been increased over the last two years and if this is approved, insurance costs for specific segments could rise by a fifth. The worst impacted is the 350cc and above two-wheeler segment, where premiums are up 21 per cent. Royal Enfield (Eicher Motor) is the market leader in the segment. The premiums in the 150-350cc two-wheeler category are also being inc
The wait for the world's cheapest car could soon be over as Tata Motors could commence limited commercial production of the Rs 100,000 Nano from alternate locations so that the first car could roll out towards the end of March 2009 from Pantnagar till the mother plant came up in Sanand near Ahmedabad.
Raamdeo Agrawal of Motilal Oswal Securities believes that the scope for surprises in the market in 2007 is limited; he expects 17-18% returns. Moreover, he says that there is no major concern at Sensex valuation of 17-18x.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
About 1,556 shares have advanced, 1,211 shares declined, and 182 shares are unchanged.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Tata Motors has launched an introductory limited period price-off offer of Rs 25,000 on the new 1.2 litre engine option to the Indica V2 Xeta range.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
Model 3 received 180,000 orders worldwide.
A number of private companies have contributed to the development of ISRO's Chandrayaan-3 spacecraft which successfully landed near the south pole of the Moon on Wednesday evening.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Sales of diesel-powered utility vehicles have been declining in the past six months as the differential between petrol and diesel prices narrowed.
It epitomises a significant opportunity lost, just when the state was beginning to shed three decades of leftist inhibitions in favour of economic reform.
Auto stocks will be in focus
India Inc's cash pile was up 13.8 per cent last fiscal year, thanks to a combination of higher profits in sectors such as IT and fund raising by top companies such a Reliance Industries, Bharti Airtel and Tata Motors, among others.
After land survey, field survey would start and on completion of that process, the land owners would receive their respective lands
The investment will be made through a joint venture with Toshiba and Denso. The battery is the most expensive single part of an EV.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Indian two-wheeler majors Hero MotoCorp and Bajaj Auto are the biggest beneficiaries of this surge and, between the two, they are estimated to control about half of the local market there
According to research by IHS Markit, for an ecosystem still grappling with infrastructure issues -- the high cost of EVs and a greater OEM (original equipment manufacturer) focus on electrifying two-wheelers and commercial vehicles first -- the share of such vehicles is expected to be 4 per cent by 2030, reports Pavan Lall.
India Inc raised $2.78 billion from overseas markets in October this year, up 44 per cent from a year ago, according to the Reserve Bank data released on Friday.
The Duke of Edinburgh has been pictured back behind the wheel of a new Land Rover on Saturday afternoon on the Sandringham estate, the royal family's Norfolk retreat near to which the Thursday's accident took place, the Telegraph reported.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
A car that gives you a better resale value will reduce the cost of your next purchase, points out Bindisha Sarang.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Bombay Stock Exchange 30-share index resumed better at 21,278.08
Higher input cost is likely to weigh on Auto sector's Q4 numbers.
Automobile companies are worried about challenges from electric mobility, automation and connected vehicles.
From Alto to Audi, get car discounts of up to Rs 900,000
Midcap stocks continued to remain on buyers' radar with BSE Midcap index up 0.1%.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Top gainers in the Sensex pack included Bajaj Finance, ONGC, Yes Bank, HDFC, HCL Tech, Tech Mahindra, TCS, ICICI Bank and RIL, rising up to 3.57 per cent.
Sachin Tendulkar, Virat Kohli, Katrina Kaif, Ranbir Kapoor and Alia Bhat all turned up at the 13th edition of the gala car fair.
It doesn't lack in practicality, affordability and drivability and even comes with interiors that are appealing
'Cyrus was always very different. He would think before acting.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The luxury SUVs will compete against models of Mercedes-Benz, BMW, Audi, Volvo, Porsche and Land Rover
The Central Bureau of Investigation on Wednesday registered eight more preliminary enquiries in connection with issues related to intercepted phone calls of lobbyist Niira Radia against former Jharkhand Chief Minister Madhu Koda, Reliance Industries Limited and others in separate cases.
More capital flows will lead to greater trade flows between the two countries.
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