Industry chamber Federation of Indian Chambers of Commerce and Industry said the Reserve Bank of India should intervene and cut interest rates.
RIM is expected to account for 43% of incremental IT services revenue growth
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.
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.
Last year, there was almost 16 per cent increase in hiring by the Global Capability Centres in India.
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.
Auto sector cheers RBI rate cut as 'festival gift'
Both these are super compact SUVs that will be competing against each other at a similar price point
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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.
After the legendary success of RD350 and RX100, Yamaha Motors India had lost ground to rivals. And then the R15 happened!
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
Further, the rate of growth improved in all, between June and July 2014.
With the introduction of Pulsar in the first decade of this century, the Chakan-based bike maker had rightly gauged the pulse of the youth. Pulsar AS 150 just raises the notch further for competition, reckons Tanmay Pangam
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.
Increments in 2017 would be less than in 2016, says survey.
'It is going to be as high as 50% in the coming one or two months and can be about 20% to 25% in the medium term.'
Starting as a maker of hydraulic pumps, the Bengaluru-based company graduated to components for automakers like BMW and Audi, and then Airbus and Boeing
The re-imagined Indian Scout is a motorcycle that captures the magic of the Indian spirit, filters it through some modern technology and allows for a unique riding experience.
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.
Android M would be built directly into cars allowing drivers to enjoy all the benefits of the internet without even plugging in their smartphones.
Ahead of the international auto show that begins next Wednesday, the Indian auto industry continues to be buffeted with bad news. According to data released by leading automobile companies on Saturday, the industry's sales volumes in January fell about five per cent from those in the same month last year.
The company faces fine of up to $18 billion in the US.
A bench headed by NGT chairperson Justice Adarsh Kumar Goel directed the carmaker to deposit the amount within two months.
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.
In a few years there may be 100 Japanese companies in Gujarat, while Chinese firms may commit investments of over Rs 6,000 crore.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Prime Minister Narendra Modi visited Tesla Motors' iconic headquarters in California.
Cars like the Land Rover Evoque, endorsed by Victoria Beckham, have more women customers than men.
'Hathras, Muradabad, Trichur, Salem, Madurai, Aligarh and Kanpur are cities where we are expecting and in some cases have seen new buyers come from.'
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Ghosn's partnership with motorcycle and auto-rickshaw maker Bajaj Auto got most publicity.
The reimposition of sanctions on Iran will have major impact on countries like India, with which it has traditional and historic trade relationship.
Sources claim that 68-70 per cent of the workers at Halol are permanent ones, while the balance is tilted towards contractual workers at Talegaon.
Car makers have started hiring from Gujarat's industrial training institutes (ITIs) for their factories across the country.
Company signs MoU with state for its three-year plan; ties up with Subhash Ghai firm for content creation
Companies have also managed to find talent created by frequent exits.
Volkswagen said the 2-litre engines would get a software update.
Toyota Motor Corp is betting on pricier premium models offering better safety and quality.
'My mantra is simple. If a customer demands something, we have to deliver at the speed he wants. No customer will wait for us. That is where local top-quality talent comes in,' says the MD of Bosch India.
These patents are primarily in the area of computation and data processing.
