Kerala floods take a toll on small businesses, NBFCs brace for losses
Tanmay Pangam took the two Avengers for a spin and is mighty impressed
Measures to promote ease of doing business, cut in tax rates for smaller enterprises to 25 per cent, and reduction in interest rates are creating the right atmosphere for new businesses to flourish, particularly SMEs.
According to FADA, automobile retail trade and service industry comprises a network of 9,500 automobile dealers and their service stations engaged in sale, service/repair and spares of vehicles across segments, is an essential link in automotive business and a significant stakeholder.
VW has admitted that 11 million diesel engine cars worldwide were fitted with the software that helped in manipulating emission tests.
The company, known for its products such as two-wheeler crank shafts, under brackets, transmission gears, steering knuckle, bevel gears and spindles, has decided to shut all operations at its Chinchwad plant between December 1 and 17. The company, which also had a plant in Chakan that was later taken over by Mahindra Automotive, has been a known name in auto component business.
Work is underway in identifying global companies in sectors ranging from electronics, auto components and medical equipment to shift part of their existing or incremental manufacturing to India.
Infosys announced on Wednesday that product engineering services and development was 1.2 per cent of total revenues.
Data available from top six players - Maruti Suzuki, Hyundai, M&M, Tata Motors, Honda and Toyota - shows an average growth of about 42 per cent for the industry in June
Maxxis Group of Taiwan, Singapore-based TongGarden decide to set up their facilities in Sanand.
After the easing of lockdown in mid-May, auto companies were able to resume production in a phased manner, but the ramp-up was slow due to a broken supply chain, and lockdown-induced restrictions.
'By leveraging the immense talent, passion and drive for innovation held by all members of the F1 community, we hope to make a significant positive impact on the environment and communities in which we operate'
The company expects the division to add double-digit growth to the company's top line during the current financial year, he said.
Developed markets have performed better than emerging market firms in the top 10 TSR-based rankings, says a BCG report.
The founder of the e-commerce firm, which specialises in procurement of industrial products, believes if he plays his cards right, his company could become a unicorn with a valuation of $1 billion in 5 years.
While sales of compact cars, including models such as Swift, Celerio, Ignis, Baleno and Dzire declined, sales of utility vehicles, including Vitara Brezza, S-Cross and Ertiga, increased 26.3 per cent to 19,177 units as compared to 15,178 in the year-ago month.
ICRA said on Monday that domestic car sales is likely to grow by eight per cent annually over the next three years to 838,000 units in 2006-07, which will be driven largely by the compact and mid-size segments.
Prices of two-wheelers, passenger and commercial vehicles are set to rise 15-25%
While declining to comment on the intended takeover bid for JLR by Tata Motors, another group company, Myers said the relationship was close to four years old.
'Valuations were depressed at 8,000 (Nifty 50 index) levels. It was a free ride to 12,000 levels.' 'What went down had to come up. Now fundamentals have to support further gains.'
Toyota, M&M and Honda are making tough adjustments to their growth plans as uncertainty over diesel vehicles and fuel emission norms rises
The department of revenue in a notification on Wednesday said anti-dumping duty is being imposed for six months on the import of wire road of alloy or non-alloy steel from China.
The Triumph Street Triple 675 is a classy, sporty motorcycle with probably a performance which is best suited to our riding conditions. It is the best upgrade from a 300-400 cc machine. This indeed is one of the finest performance bikes we have ridden.
Faced with stricter recall & testing norms, industry puts up a brave face, saying recalls improve consumer confidence
ActiveHybrid7 is a full-sized gas-electric luxury sedan, offered in the long wheelbase 740Li trim.
Using available government data, the team is targeting $30-40 billion worth of iron and steel products that are imported into India.
Known for their brisk performance, sweet handling and strong styling cues, TVS has now introduced the much awaited 200cc flagship. Tanmay Pangam takes it for a spin.
'When a new superhero film releases, China creates figurines based on the film and puts them out in the market along with the film's release.' 'Does our domestic manufacturing sector been able to do it so quickly? No.' 'We have a large millennial population and we have to make products that are more in line with the tastes of those people.' 'The MSME sector can win back its customers only this way.' 'When they change with the consumers's needs, there will be a move towards Indian products.'
The Kawasaki Ninja ZX-14R stands tall among all superbikes
With fuel cost soaring to new highs, automobile firms are launching hybrid models to tackle the problem.
Factories are shutting down owing to a shortage of labour and raw materials, and a lack of logistical support amid the ongoing nationwide lockdown against the coronavirus pandemic.
You may no longer have to rely on international size charts.
Companies, which are jumping into the bandwagon, include MNCs. For instance, the world's leading component company Bosch has committed an investment of Rs 2,650 crore (Rs 26.50 billion) through four subsidiaries in India. Funds will be used to set up manufacturing facilities for gasoline systems, electronic control units and ABS systems.
Passenger vehicle sales continue to drop in June; Maruti, Hyundai, Tata Motors, Toyota witness decline. Mahindra & Mahindra, however, reported a 4 per cent growth.
Both will be powered by the company's Revotron 1.2-litre turbo-charged petrol engines.
It's also tough to find faults with car.
The 2015 Ford Figo is a completely new product and does not share anything with its earlier model
The car so far known by the code name 'Kite' will be a hatchback.
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