Urban and rural FMCG sales growth data for the last five quarters show the latter outperformed the former consistently.
The company has a joint manufacturing facility at Oragadam set up with an investment of Rs 4,500 crore (Rs 45 billion).
The biggest spender was Tata Motors, with Rs 4,224.6 crore assigned under the R&D head.
RBI's fifth bi-monthly monetary policy meet due tomorrow also kept the investors on their toes.
Shares of rate sensitive sectors such as realty, infrastructure, banking and automobiles ended higher ahead of the Reserve Bank of India (RBI) mid-quarter policy review on June 17.
With 15% customs duty hike on locally assembled vehicles, it is cheaper to import from Thailand, says India MD
While salary growth may range from a marginally positive to stagnant or even negative, the increment for some of the "super-specialised" profiles can go beyond 15%.
Tata Motors aims to address 95% of passenger vehicle market by 2020
Historically, there has been no correlation between growth in bank credit to industry and lower benchmark interest rate
Bucking the overall downtrend, shares of RIL rallied nearly 10 per cent, capping the Sensex loss to a large extent.
RIL is also more profitable than Tata Motors.
CNG prices in Mumbai may have to be hiked by about Rs 16 per kg and piped cooking gas by Rs 10 after government decided to divert some of its cheaper domestic gas to Gujarat.
'If credit is not available, people will postpone buying. That's what has happened.'
Car sales dipped by 2.55 per cent in October, as the festival season demand for auto remained in slow lane.
'Money that came into mutual funds near the previous peaks -- the second half of 2017 and 2018 -- has in most cases experienced unflattering returns.' 'A large proportion of redemptions could be such inflows exiting when the market recovered sharply from July 2020 onwards.'
After Aprilia, legendary Italian motorcycle major MV Agusta has finally entered the Indian two-wheeler market in collaboration with the Kinetic Group.
Sharp fall in capital goods production and manufacturing activity also dented sentiments.
The prime minister is likely to talk about its possible extension.
The ban does not speak about used luxury cars.
With over 200 brands and websites as participants this year, the Google Online Shopping Festival is turning bigger.
Investors turn their attention to export-driven sectors.
While FMCG companies lose Rs 98,928 crore in m-cap, consumer durables stocks are down Rs 20,673 crore since November 8.
He says that while 30 per cent of parts must be locally sourced, the supply doesn't yet exist in India to support that
Top companies across sectors -- automobile maker Maruti Suzuki, consumer electronics giant Samsung to IT giant Infosys -- have reopened factories and offices as India took its first steps towards resuming economic activity after weeks under a near-total coronavirus lockdown.
In the context of RBI's view that the real interest rate, defined as the repo rate less "look forward" CPI, should be around 150-200 basis points.
Mid- and small-cap companies seem to have done better than top-tier companies
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High retail inflation is exerting pressure on households to cut expenses wherever possible.
Infotech will see a mixed appraisal season.
Can Modi enthuse BJP workers to pursue the end of single-use plastic with the same vigour and enthusiasm as they celebrated the attack on a neighbour, asks Aditi Phadnis.
Renault will start with a slew of new products that will be launched over the second half of this year and next year, apart from giving facelifts to the Kwid and Duster.
The auto component sector grew at 5-6 per cent last year against a 13 per cent growth in 2012.
Despite a rise in input costs, leading car-makers refrain from hiking their price.
The passenger car segment, in comparison, remained sluggish and grew a modest 1.9 per cent to 162,566 units in April
In fact, some private sector lenders have decided to skip advertising these altogether.
The electric vehicle evolution in India's passenger vehicle market has remained frozen in time and may see limited adoption over the next decade, experts say.
The two signed the deal almost six years after a business restructuring announced by them.
However, the World Bank has projected India's GDP growth rate at 7.5 per cent for the next three financial years, including the current one.
General Motors India Vice President P Balendran termed the decision as a positive move for the overall economy.
Have committed themselves to investing Rs 1,85,000 crore since last year.
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