New regulatory rules, softer freight rates and a liquidity crunch at non-bank lenders are among the reasons.
The government on Friday announced several relief measures including deferring one-time registration fee, lifting the ban on purchase of petrol/diesel vehicles by its departments and allowing higher depreciation, but it remained non-committal on the demand for a reduction in GST rates.
With visas set to max out quickly again, tech companies want more. Amid rising joblessness, does America need more skilled foreign workers?
'Right now, we are increasing production in anticipation of the demand during the festive season.' 'If the demand doesn't come back, all the production will languish in the factories.'
'It is going to be extremely rapid and anybody who is not there, be it investor, manufacturer, supplier, will miss out.'
Off-spinner Ravichandran Ashwin created history as he became the first Indian cricketer to pick 30 wickets or more in a Test series on two separate occasions.
M D Mallya was chosen by a five-member jury headed by Securities & Exchange Board of India's former chairman, M Damodaran, for BoB's sterling performance over the last couple of years.
The i10 managed to impress the Business Standard Motoring jury across various counts, including build quality, ride, handling, driveability, comfort and safety features. A compelling price tag and above average fuel efficiency further clinched the deal for Hyundai's made-in-India car for the world.
He said the state unit only sends the recommendation but does not take sides as to who should be given the ticket.
With Eranna Bhimappa Kadadi and Ashok Jasti -- one Lingayat and one from the OBC -- named as BJP's candidates for the upper house, bypassing the recommendation of the state unit chief Nalin Kumar Kateel and Chief Minister BS Yediyurappa, as well as the core committee of the state, BJP leaders in Karnataka say the move is calculated to diminish the stature of the CM and create conditions for him to be eased out.
The Supreme Court on Thursday dismissed a plea by Skoda Auto Volkswagen India challenging an FIR registered in Uttar Pradesh by a customer over the alleged use of 'cheat device' in its diesel car by the company to manipulate emission norms.
The model, which will compete with the likes of Hyundai Verna, Maruti Suzuki Ciaz and Skoda Rapid, now features smart devices ecosystem including Alexa remote capability and 32 connected features as standard feature across all variants with a five-year free subscription.
The lockdown in Maharashtra will have a catastrophic impact on April sales, as dealers will not be able to realise the potential of festivities like Ugadi, Gudi Padwa, Baisakhi and Poila Boishakh.
Rajneesh Gupta presents Rajasthan Royals's IPL record over the years.
The company aims to follow the government's push for environment-friendly vehicles by driving in models with green technologies.
The new 1.2 L turbocharged petrol BS6 engine, which is borrowed from the Tata Nexon, takes the petrol version of the Altroz from a mere 86PS of power to a much needed 110PS of power, finds Rajesh Karkera.
Two-wheeler market leader Hero MotoCorp has denied the report of the IT Department finding Rs 1,000 crore false expense claims, saying it is speculative. The company said officials from the Income Tax department visited its offices in the previous week, and it has provided all support and cooperation, necessary documents and data to the authorities and will continue to do so if required. "The allegations made in the press report are not borne out of any documents that have been served on us or our internal documents.
The panel suggested the cess for BS-IV and BS-V fuels should accrue to the Oil Industry Development Board
India is served by BS-IV fuel in cities such as Mumbai, Chennai, Delhi and BS-III fuel in the rest of the country.
Baghel went on to allege that the RSS brought "aggressive Hindutva" here, saying that it believes in "destroying everyone whose thinking does not match theirs".
The five-year (2015-16 to 2020-21, or FY21) compound annual growth rate (CAGR) of the overall auto industry is now negative at 2 per cent, against 5.7-per cent growth it saw in the previous five years (from 2010-11 to 2015-16).
MiG-21s are one of the oldest aircraft in the Indian Air Force fleet. Most of them are on the verge of being phased out from the inventory of the air force.
On the highway, it pulls along with ease and offers smooth commuter ride and drive experience, and also has little competition, says Pavan Lall.
Indian auto industry's dependence on China is high and it will continue to be so in the BS-VI era and as the country moves towards electric mobility. Domestic players lack both technological competence and the sheer pricing advantage that support Chinese imports.
TVS Motor Company, the only company in India to manufacture mopeds, said domestic sales dropped by 25.58% in April-Oct and exports fell by nearly 40%.
Describing its choice as a "vote for the future", a distinguished four-member jury selected State Bank of India (SBI) Chairman Om Prakash Bhatt as Business Standard's Banker of the Year for 2006-07.
Days after Maharashtra Governor BS Koshyari wrote a letter for convening a special session of the state assembly against the backdrop of the Sakinaka rape and murder, chief minster Uddhav Thackeray has hit back saying Koshyari should request the Centre to call a session of Parliament to discuss issues concerning the safety of women and growing attacks on them.
The figures are encouraging for the auto industry amid apprehension that due to higher cost and lack of fuel availability, cars with stricter emission standards may not be popular in initial stages. Automakers had even cited this confusion as one of the reasons for dwindling car sales in India, reports Arindam Majumder.
Yediyurappa, however, evaded queries on whether he would be able to complete his tenure, as there has been speculation about a possible leadership change in the state following murmurs of discontent in the party.
Sunil Mittal, chairman & group managing director of the Bharti group, is Business Standard's CEO of the Year for 2005-06.
It's a zippy, well-engineered ride that offers comfort, quality, low cost of ownership and fuel efficiency at affordable prices, says Pavan Lall.
The Tata group companies are now more valuable than all the listed central public sector undertakings (CPSUs) or companies in the country. The key 20 listed Tata companies ended the 2021 calendar year with a combined market capitalisation of Rs 23.36 trillion, ahead of the 70 listed CPSUs, which had a combined m-cap of Rs 23.2 trillion. In comparison, these CPSUs had a combined market capitalisation of Rs 16.7 trillion at the end of December 2020 against the Tata group firms' combined m-cap of Rs 15.7 trillion.
Our generation got independence too easy, we take our freedom too lightly, we treat our country and environment like toilet paper and take the easy way out because we have no sense of pride or self worth except when it is an India-Pakistan match. We need to be broken more so that we may rise, says film director Suparn Verma.
Companies expect recovery in second half of fiscal as BS VI approaches, claim banks and NBFCs showing greater interest in financing.
Consumers should be given freedom to make a logical choice, and manufacturers enough leeway so that they can produce what the consumer wants.
With cars like the Toyota Corolla and the Honda Civic selling in very small numbers and potentially even being phased out, the Octavia has very little competition, says Pavan Lall.
The FoBs were constructed by the Army Engineers in a record 117 days.
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