The new model will be available in three engine options of 2-litre petrol, 2-litre diesel and 3-litre diesel
The ban does not speak about used luxury cars.
Over 22 passenger and commercial vehicle makers and 18 two- and three-wheeler makers will take part amid proximate security.
8 out of 12 sectoral indices closed in red with BSE IT and Healthcare indices losing 0.5%.
Firm Asian cues and a higher opening of European markets reflecting a rally on Wall Street, where all three US indices hit new records following strong economic data, bolstered trading sentiments here
'If Indians are as smart as their counterparts in university, and have equal opportunity, then what is the reason that we cannot produce inventions of quality that are recognised by the world?'
Sectorally, BSE metal, basic materials, energy, realty, power, oil and gas, finance, FMCG, bankex and telecom indices fell up to 1.71 per cent.
Sensex, Nifty slightly upbeat, midcaps to rule markets this week.
The distinction between "cheap" and "affordable" is a fine one, but no one understands this better than India's aspirational first-time car-owner, says Kanika Datta.
From Alto to Audi, get car discounts of up to Rs 900,000
'I'm very much against petrol and diesel....'' 'I travel in an electric car.' 'I have had a really good experience with it.'
Market breadth is positive with 942 advances and 196 declines.
for the slight premium that you'll pay, the Tiago offers more safety tech, bigger engine, space and more creature comfort. Taking into the fact that the 1.0-litre Kwid is around the corner and will be considerably expensive in contrast to its 800cc counterpart, the Tiago makes an even stronger case for itself.
Jaguar Land Rover will start assembling Range Rover Evoque at Pune.
Almost all recent labour strikes were declared illegal by the labour department of Gujarat.
Richest Indian Mukesh Ambani-led RIL was the top private sector company from the country as it jumped from 203rd rank last year to 148th.
Stocks of Indian companies with exposure to Europe fell on Tuesday amid concerns about the impact on their sales in case the Russia-Ukraine crisis worsens and the US and its allies impose economic sanctions on Russia. While top conglomerates, including Reliance Industries, the Tata group, and Aditya Birla Group, said they did not have any significant exposure to Russia, executives of some of the oil and gas, pharmaceutical, and tea companies said they were monitoring the situation closely as they earned substantial income from the region. Russian President Vladimir Putin on Monday ordered troops into two breakaway regions of eastern Ukraine after announcing that Russia would recognise their independence.
'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.
Short-covering and the propping up of net asset values have potential to boost frontline as well as second-rung names next week
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
The measures government takes next to push economic growth will be the key for automotive sector
To be able to tide over the current crisis, automobile manufacturers have waged a war against all cost heads.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
In first half of year, firms raise more than banks on low US treasury rates.
It's bullish on electric vehicle segment as govt is keen to buy around 20-25k electric vehicles
The third-quarter financials didn't excite market watchers. But equity investors can still make money if they invest in the right stocks.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
German car maker Volkswagen was the first company to offer airbags on all its variants in India from the beginning of this year.
'Investors should continue to invest because you are looking at the long-term; in the next four to five years, we are bound to outperform (the rest of the world equity markets).'
Banking and real estate stocks rise up to 5% on further rate-cut hope.
Vodafone Idea and Airtel have made provisions for their liabilities arising from the Supreme Court order in their latest September quarter results.
However, investors have turned cautious over the likelihood of Britain leaving the European Union.
While retail sales at dealerships have suffered the full impact of demonetisation, the growth in wholesale volumes comes as dealers had relatively lower inventory after Diwali in October.
For deciding which vehicles are to be scrapped, the setting up of fitness centres and regulating them would be a humongous task.
Liquidity continues to be a worry for both, customers and dealers, with the latter facing working capital issues.
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.
The 30-share Sensex ended higher by 31 points at 26,591 and the 50-share Nifty gained 10 points at 8,061.
The biggest gainers on both bourses were Bharti Airtel, HDFC duo, L&T, Bajaj Auto, Kotak Bank, Reliance Industries, Axis Bank, ICICI Bank, SBI, ITC and Bajaj Finance, rising up to 4 per cent.
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