The list of companies skipping dividends in FY19 includes some of the country's largest firms and industry leaders such Tata Motors, Avenue Supermart, Future Retail and Vodafone Idea, among others.
Industry players have sought government support in the form of stimulus package and reduction in excise duty to overcome the slump.
The Hinduja brothers, who run the multinational Hinduja Group conglomerate with interests across automotive, real estate and oil, moved up from third position last year to top the UK's billionaire charts this year.
While customers in metro cities are still buying cars, quick growth is likely only from upcountry markets, where highways and roads are being built, and discretionary income and aspirations are rising.
PV registrations in this year's festive period stood at 287,717 units as against 333,456 units in the corresponding period last year, down 14 per cent. Two-wheeler registrations also fell by 13 per cent to 15,83,276 units as against 18,11,703 units in the year-ago period.
However, the company has claimed its vehicles are 'compliant' with the country's emission norms and that it will 'challenge' the tribunal's order.
Though both brands belong to the same parent company, Hyundai has issued strict directives to dealer partners to withdraw their applications
During September, Maruti said it dispatched 1,375 units of the soon-to-be-launched sedan Ciaz.
The Livo is one stylish looking motorcycle that's a blend of swooping lines and sharp flourishes. The designers have done a brilliant job here to make sure that the Livo matches up to its heritage. In-fact, at first glance, one would easily be led to think that the Livo belongs to the 125cc segment instead of the 110cc.
Together, they controlled nearly Rs 26 lakh crore of assets at the end of FY16.
The Lodgy feels easy to drive, more like a sedan than an MPV.
Mahindra group and Ford Motor Co will jointly develop new SUVs and a small electric vehicle as part of several initiatives to take forward their collaboration pact signed last year.
Some of the world's wealthiest Indian billionaires, such steel magnate Lakshmi Mittal and mining and metals tycoon Anil Agarwal, are based in London.
The Ficci survey, which covered 276 units, also revealed that those expecting a fall in their production decreased to 16 per cent in the second quarter from 26 per cent in the first quarter.
Mercedes Benz, BMW and Audi have sharply increased their sourcing from India.
The Apache RTR 200 4V handles the flagship crown with aplomb!
All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
But there are fears that any reform could be reduced to tweaking because the tax is so lucrative.
The emission is nine times more than cap; Volkswagen denies the claim.
Car sales are likely to grow further in November.
NBFCs are facing the heat of a crisis at IL&FS, which defaulted on repayment of its commercial paper dues, leading to a contagion effect in the sector.
And what if all this happened so fast and so extensively that we never quite had the opportunity to call the broker and say 'Sell'?
Last year, there was almost 16 per cent increase in hiring by the Global Capability Centres in India.
Industrialist Pawan Ruia's (think Dunlop and Jessop) arrest this month for cheating and criminal breach of trust marked a new low, but the tide had been turning against him for a while now. Ishita Ayan Dutt & Avishek Rakshit report.
The ethanol vehicles will have the flexibility to switch to other fuels
The Zica will likely reach showrooms by January 2016 and will be available for sale across the country.
Among the stocks that have seen the largest cut by MFs, the DVR shares (shares with differential voting rights) of Tata Motors have seen a cut of 243 basis points (bps) in MFs' stake.
Mercedes Formula One boss Toto Wolff has dismissed plans for the world's first driverless motor racing series as having little to do with sport, despite the German carmaker's interest in the technology.
RIM is expected to account for 43% of incremental IT services revenue growth
Industry chamber Federation of Indian Chambers of Commerce and Industry said the Reserve Bank of India should intervene and cut interest rates.
Auto sector cheers RBI rate cut as 'festival gift'
The 2019 list shows a 37 per cent jump in brand value for the Tata group, to $19.55 billion for 2019, the highest in the top 25.
Both these are super compact SUVs that will be competing against each other at a similar price point
Utility vehicles leader Mahindra and Mahindra on Monday announced a nominal 0.5 per cent price hike across all models, expect for the premium sports utility vehicles XUV 500 and the Rexton from its Korean arm, despite falling sales, which dipped nearly 8 per cent in June.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Even as domestic passenger car sales declined 29.4 per cent between April and August this year, exports grew 6.5 per cent, partially cushioning the blow from slowing sales.
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According to industry body Society of Indian Automobile Manufacturers and Automotive Component Manufacturers Association of India, with demand continuing to be low and factories not operating at full scale, this may lead to temporary excess overheads.
Proposed investment dip 33% from Rs 1.42 lakh crore (Rs 1.42 trillion) in 2011 to Rs 94,259 crore (Rs 942.59 billion) in 2013
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