'The TMC did not bother telling me, a sitting MLA for 20 years, why I was not being given a ticket.'
The Qute infant of the four-wheel world is Bajaj Auto's quadricycle. The Qute infant of the four-wheel world is Bajaj Auto's quadricycle. It is finally set to hit the India roads but the challenge of creating a new category in the competitive automobile market has only just begun.
Renault says that one of the reasons why its sales look muted when compared to its peers is its limited reach.
With the dizzying rise in the number of Covid-19 cases in the country, India Inc has transitioned from a wait-and-watch policy to full-on emergency mode, bringing back remote and flexi work, stringent safety protocols, and allowing only essential travel. Companies - especially in metros like Delhi, Mumbai and Kolkata - that had adopted a hybrid work model during the last few months when the caseload remained low, are either switching back entirely to work-from-home (WFH), or calling skeletal staff to office on select days. Take the case of cigarettes-to-hotels major, ITC, which had been on a hybrid work model over the last few months.
Auto companies are now grappling with a slowdown in sales, triggered by pent up demand due to the COVID-led lockdown easing a bit and supply-side issues for raw material.
These sectors are seeing a marked slowdown, as consumers are postponing purchase decisions amid uncertainty and severe cash crunch, report Ram Prasad Sahu, Sheetal Agarwal & Ujjval Jauhari from Mumbai.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
The 30-share Sensex is up 253 points at 29,263 and the 50-share Nifty has gained 68 points at 8,829.
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The government on Tuesday announced hikes in import duties for gold and silver, but it has yet to unveil other details such as its plan to tax imports of non-essential items.
Sensex closed the day 416 points higher.
Top companies added employees at 3% CAGR from 2003-04 to 2013-14, while revenues grew at 18%.
Markets this week would be guided by the ongoing quarterly earnings, macroeconomic data announcement and global trends, analysts said. The government will release industrial production data for June and inflation data for July this week. The RBI has revised its retail inflation forecast to 5.7 per cent, up from the earlier 5.1 per cent due to price pressure on account of supply constraints and high crude oil prices.
Index heavyweights ITC was the top gainer along with RIL and HDFC
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
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Top firms will have enough firepower to go for foreign M&As, given their balance sheet growth, say bankers.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Apart from a pavilion of vintage cars, there will be a Bollywood corner
Infosys was the top gainer in the Sensex pack, rising 2.36 per cent, followed by HDFC Bank up 1.39 per cent.
Bharti Airtel, HDFC, ONGC, ITC and CIL emerged as the top gainers.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
The BSE Sensex zoomed 318 points to end at 33,351.57, while the broader Nifty spurted 88 points to 10,242.65.
Investors were anxious concerned about the uncertainties over the timing of Us Federal Reserve rate hike, US policies under President Donald Trump, the upcoming French election and rising crude price that could impact inflation, going ahead. A weak closing in Asia tracking overnight losses in the US owing to all these unknowns triggered selling, brokers said.
The 30-share Sensex ended down 30.30 points at 28,161.72 and the 50-share Nifty dipped 7.95 points at 8,543.
In the Sensex kitty, ITC turned star performer by surging 2.45 per cent, followed by NTPC rising 2.19 per cent.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
Asian Paints was the top gainer after the paints major posted robust first quarter earnings.
Commercial vehicles however declined by 2.83%
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points.
ICICI Bank, HDFC Bank, IndusInd Bank down between 0.2%-1.4% each.
The impact of the ban will not be limited to sales.
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.
Transporters and other stakeholders said the vehicles that will be de-registered would mostly be the ones plying in smaller towns and interior parts of the country.
The coffin of the senior royal will be loaded into the Land Rover for an eight-minute procession to the gates of St George's Chapel, where the funeral is to begin with a national minute's silence at 1500 local time on April 17.
Sensex rises, Nifty ends at record high; RIL shares rally.
New electric and hybrid vehicles on display as manufacturers plug into environment-friendly segment.
In the broader market, the BSE Midcap index bucked the trend to gain 0.3%
