Unwinding of long dollar positions by banks too aided the sentiment
The Japanese giant will also consider increasing its capacity, which could mean a new plant or expansion of existing units, after its ongoing expansion to 500,000 vehicles is completed in phases.
Foreign capital inflows also boosted the rupee value against the dollar
Take out Maruti Suzuki and Honda, and the auto sector's prospects suddenly don't look all that rosy.
Rupee was impacted by renewed dollar demand from banks and importers amid sharp falls in equity market
Ongoing trade-war rhetoric between the US and China added some nervousness on the trading front coupled with extremely bullish dollar sentiment overseas.
Prime Minister Narendra Modi will embark on a four-day trip to Japan from August 31 to bolster bilateral ties in key areas of civil nuclear cooperation, security, defence and trade.
Good foreign capital inflows failed to restrict the rupee's fall against the dollar
At lower levels, a supportive buying in dollar forced rupee to depreciate since opening trade
The Japanese word "Kizashi" means "something great is coming". Maruti Suzuki (MSIL) must be hoping its newest luxury sedan of the same name lives up to that promise. Kizashi will be launched in India this month-end and was formally unveiled in Udaipur last week.
The 19 inches LED TV is equipped with latest features and weighs around 3.5 kgs, the company said in a statement.
Gold prices surged Rs 175 to a record high of Rs 8,150 per ten gram on the bullion market on Monday on sustained buying by stockists induced by a unprecedented rise in its prices in overseas markets.
Check out the Yamaha SZ-R to find out how it ranks in the crowded 150cc segment.
The rupee has gained by 21 paise or 0.31 per cent in last two days
APAs are part of govt's aim to move to a non-adversarial tax regime.
Overall, yuan payments value in April decreased by 7.73 per cent from a month earlier
Japanese commercial vehicle major Isuzu is entering the Indian commercial vehicle market through a technical agreement with Swaraj Mazda, the joint venture between Japan's Sumitomo Corporation and Punjab Tractors.
Japan has the capital and needs to pull out of China, which has been its major destination. India, on the other hand, desperately needs capital especially for infrastructure, argues Rajeev Srinivasan.
In a twist to the tale of drug patent infringement cases in the United States, Indian drug company Lupin has sued Ranbaxy Laboratories, which is now controlled by Japanese drug major Daiichi Sankyo, in an American court.
India's sad export figure put pressure on the rupee
Hawkish guidance by the US Fed raises concerns it could tie the hands of RBI from trimming rates.
Sluggish domestic equities and persistent capital outflows largely pressurised the Indian unit
The local currency dropped to 61.75 before concluding at 61.70, a loss of seven paise from its previous close.
Reflecting the mood, passenger vehicle sales in November either remained muted or skidded for most manufacturers as high fuel prices and the higher cost of borrowing dampened buying sentiment.
Rupee gained on increased selling of the US currency by banks and exporters
Indian consumer durable market faces competition from Korean dealers.
The rupee had lost 27 paise to close at more than 5-week low.
Japanese auto major Toyota will hike prices of its vehicles across all models in India by up to 3 per cent from January to offset rising input costs.
The dollar's weakness against some currencies overseas limited the rupee's fall.
Sustained capital inflows supporting the rupee sentiment, a forex dealer said.
Bajaj Auto said it was "concerned" that the Japanese auto giant Honda may have an "aggressive pricing strategy" with its planned entry into the country's motorcycle market in October. Bajaj also launched the CT 400 bike.
Japanese carmaker Suzuki Motor Corp is recalling the automatic transmission version of its compact car 'Alto' in Europe, which is sold under the brand A-Star in India.
Japanese carmaker Suzuki Motor Corp is recalling the automatic transmission version of its compact car 'Alto' in Europe, which is sold under the brand A-Star in India.
The rupee opened steady at 63.30 per dollar at the Interbank Foreign Exchange; but, firmed up to 63.22 before quoting at 63.23 per dollar at 1000 hours.
The rupee on Tuesday recovered from its two-week low to end steady at 66.60 against the American currency, inching up by a paisa on the back of mild dollar selling.
