Despite recent underperformance, MNC funds have delivered over longer time frames.
Frankly, I never expected to be offroading in an electric vehicle, let alone an SUV of this calibre, raves Rajesh Karkera/Rediff after a test drive.
Passenger vehicle retail sales witnessed 3 per cent on-year decline in May with customers delaying purchases in several states due to India-Pakistan conflict and further softening of demand for entry-level models, dealers' body FADA said on Friday. The passenger vehicle registrations last month stood at 302,214 units, as compared to 311,908 units in May 2024.
Fada estimates that global supply chain headwinds like scarce availability of rare earth elements for electric vehicle components and geopolitical tensions may affect urban consumer sentiment in June as well.
Hero MotoCorp Ltd (HMCL) has been the best-performing auto stock over the last three months, gaining over 17 per cent during this period. Multiple tailwinds, especially on the rural front, are expected to boost its volumes. In addition to the demand drivers, new launches too should help drive growth both in the commuter and premium motorcycle categories.
'I have been harassed in Chennai, which is considered very safe for single working ladies.'
A nationwide strike called by trade unions to protest against the central government's labor policies had a mixed impact across India. While normal life remained largely unaffected in most parts of the country, some sectors like banking, transport, and insurance experienced disruptions. Sporadic incidents of violence were reported in West Bengal.
The bench said it was of the prima facie opinion that the petitioner has a case in and the Transport Department of the Delhi government could not issue the notification as the LG was the competent authority.
Electric cab-hailing platform BluSmart remained non-operational on Thursday across Delhi-NCR, Bengaluru, and Mumbai, as the market regulator cracked down on its co-founder over alleged misuse of funds at an affiliated company. BluSmart app, that offered more than 8,000 taxis in the three metros, stopped taking bookings on Wednesday evening and remained unoperational on Thursday as well.
The BYD Sealion 7 offers instant, exhilarating power, effortlessly pinning you to your seat with a 0-100 km/h sprint in just 4.5 seconds -- a performance proudly showcased on its rear badging.
Automotive (auto) major Tata Motors posted a 51 per cent drop in consolidated net profit for the January-March quarter (Q4) of 2024-25 (FY25), to Rs 8,470 crore, due to a deferred tax asset of almost Rs 9,000 crore in the corresponding quarter of the previous financial year and an exceptional item of Rs 566 crore during the quarter. Revenue was up just 0.5 per cent year-on-year (Y-o-Y) at Rs 1.18 trillion for Q4FY25.
'If Uddhav bhau and Raj bhau come together, who can stop us?' Prasanna D Zore reports on the fervour and hope set off by the Thackeray cousins coming together.
On Republic Day the President recognised the daring rescue of 41 workers trapped in a tunnel for 17 days in 2023 by humble rat-hole miners. The award hopefully will bring the forgotten superheroes back into the light.
Roy and his wife were found hanging, while the body of the minor was found tied to his father, the officer said.
'We are not opposed to any Indian language. We are against Hindi imposition.'
Hari Narayanan shares his experience of travelling by an Uber auto to Coimbatore airport.
The Election Commission of India has announced that the Delhi Assembly elections will be held on February 5, 2023, with the counting of votes scheduled for February 8. The last date to file nominations is January 17, and the scrutiny of nominations will be done by January 18. Candidates can withdraw their nominations until January 20.
Following an assurance from the state government that their grievances would be looked into, the strike -- which was to begin on Tuesday -- has been pushed back.
On Wednesday, Mumbai Police reached the actor's home to record his statement on the matter. Meanwhile, actor Ronit Roy, known for his roles in TV shows and films, was seen with Saif as he returned home on Tuesday.
Heavy rain continued to lash Chennai and other parts of Tamil Nadu on Wednesday, bringing residential neighborhoods and roads under knee-deep water and leading to traffic congestion besides affecting public transport services.
The 18 year old from an impoverished family in Chennai won the Carrom World Cup, but the title has not changed either her or her father, an autorickshaw driver.
Aditya, 30, who was behind the wheel of Mercedes car, hit an auto rickshaw on Lokhandwala Back Road on Monday noon, said a Versova police station official.
Geopolitical developments between India and Pakistan, quarterly earnings and macro data will be the key drivers of stock markets in the holiday-shortened week, say analysts.
Prime Minister Manmohan Singh will kick off a massive energy conservation drive on Saturday with the launch of an insurance scheme for auto and taxi drivers using environment friendly CNG as fuel in Mumbai.
Auto rickshaw and taxi unions in New Delhi went on a strike on Tuesday to demand a hike in fares and protesting the government's directive to install the global positioning system in their vehicles. The demand for a fare hike has been gaining momentum for some time now.
Fort Kochi's charm lies in its oldness. Put on that cap, lace up your sneakers and those 10,000 steps are easy-peasy!
As auto major Mahindra & Mahindra (M&M) became the number two player in the retail passenger vehicle segment for the first time in February, powered by its new launches, the company is setting its sights on technology upgrades.
Haryana Police have arrested a "friend" of Congress worker Himani Narwal for allegedly strangling her after a fight at her home and later dumping her body in a suitcase. The accused, Sachin, hails from Jhajjar and was arrested in Delhi. Police say he strangled Narwal with a wired mobile phone charger and then took her jewellery, laptop, and ring before dumping her body in a suitcase and fleeing the scene. Narwal's body was found stuffed in a suitcase in Rohtak on Saturday, leading to the formation of a special investigation team (SIT) to probe the murder. Congress party members have expressed grief and demanded justice for Narwal, who was a dedicated party worker and also took part in the Rahul Gandhi-led Bharat Jodo Yatra.
The Delhi government will provide free ration for two months to 72 lakh ration card holders and financial assistance of Rs 5,000 to auto-rickshaw and taxi drivers in the city to help them tide over the Covid-19 crisis, Chief Minister Arvind Kejriwal said on Tuesday.
Javed Khan has been operating an auto ambulance in Madhya Pradesh's capital city since a month.
The Mumbai police have recorded Bollywood actor Saif Ali Khan's statement in connection with the knife attack on him by an intruder at his residence last week, officials said on Friday.
Your next ride via the Ola app in an auto rickshaw could be cashless.
Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.
Kejriwal described the BJP's election manifesto as "dangerous for the country".
Asees was caught by locals after the accident and was being thrashed when the police reached the spot, a senior police officer said.
In a bid to ramp up anti-COVID-19 vaccination coverage in Maharashtra's Aurangabad district, authorities have ordered impounding of autorickshaws if their drivers are found to have not taken even a single jab.
Autorickshaw drivers across Maharashtra on Tuesday called off their strike after Chief Minister Vilasrao Deshmukh gave the assurance that a committee, to look into their complaints regarding the introduction of electronic meters, will be set up. The committee is expected to submit its report in the next two months after which a decision will be taken on whether to introduce the electronic meters. Union leaders assured the chief minister that they would withdraw the strike.
Trading sentiment in the equity market this week will be guided by global trends, foreign fund movement, macroeconomic data announcements and RBI's interest rate decision, analysts said. The monthly auto sales data announcement would also be tracked by investors this week.
Ride-hailing firms claim penetration is still low and there is a huge upside to grow the market and make owning a car pass.
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