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.
The rupee has lost 37 paise or 0.55 per cent in two days.
The rupee had lost 10 paise to close at 21-month low of 64.26 against the greenback in Tuesday's trade.
Japanese auto giant Suzuki Motor Corporation on Tuesday said it plans to make India an export hub for its small cars, mainly for European and African markets.
The radical styling that consists of 17-inch diamond-cut wheel rims and a chrome grill that comes with a sleek coupe-inspired profile -- the kind you'd expect to see in an Acura or a Lexus sports car -- make the Civic one of the best-looking cars on the road today irrespective of price.
Weakness of dollar in the overseas market also boosted the rupee value.
The rupee ended lower by 7 paise to 62.31 against the American currency on fresh dollar demand from banks.
On Friday, the rupee had gained 9 paise to close at a fresh one-week high of 67.08.
Strong festive demand in October helped carmakers register a seven-per cent volume growth in the domestic market, even as the largest player, Maruti Suzuki, reported low single-digit growth.
The BSE Midcap and the S&P BSE Smallcap indices outperformed to gain 0.6% and 1.1%, respectively
Customers can also book the Datsun redi-GO online through Snapdeal.com
According to industry sources, Nissan will roll-out the latest generation Micra from the plant in May for the Indian market.
Macro economic environment in India is expected to improve further and drive the BSE index, Sensex, to 33,500 by December-end.
Forex dealers said besides increased selling of the American currency by exporters and banks, the dollar's weakness against other currencies overseas also supported the rupee, but a lower opening in the domestic equity market limited the rise.
'In the process, I hope that our Earth will be able to heal some more.'
If Honda decides to launch the CBR500R in India, to compete against Kawasaki's overpriced Ninja 400, we expect it to be priced in the neighbourhood of Rs 400,000 to Rs 450,000 (ex-showroom).
The first major consignment of 3,886 Micra cars left the Ennore Port for European markets on Tuesday, Nissan Motor India said.
Summary of sports events and persons who made news on Tuesday
The Indian unit opened sharply higher at 64.80 as against Wednesday's closing level of 65.12.
India is increasingly becoming an attractive destination for global auto giants.
The rupee ended weaker against the greenback on domestic worries.
The G20 chair has suggested three areas for the talks in Argentina - the future of work, infrastructure for development and a sustainable food future, areas where India has a lot at stake.
The Chennai plant has been co-developed by Renault and Nissan at an investment of Rs 4,500 crore (Rs 45 billion) with an annual capacity of 400,000 units.
The rupee had firmed up 16 paise to close at 67.52 on Thursday.
The rupee plunged by 28 paise to more than 2-month low of 66.47 against the US dollar on Monday.
'The politician in him saw to it that the foundation stone was laid in Ahmedabad in the run-up to the assembly election in Gujarat in 2017.' 'But the statesman in him also wants it to be his legacy.'
The rupee on Tuesday weakened by 15 paise to close at 63.30 against the US currency
Heavy offloading by foreign portfolio investors also weighed on the rupee
The rupee on Monday ended lower by 23 paise to close at an over two-week low of 67.31 against the US currency.
Tech Mahindra is building 5G use cases with US-based hospitals to help manage devices remotely and eventually manage remote surgeries that will require seamless network connectivity.
Daimler would introduce lightweight trucks from Mitsubishi Fuso stable in the Indian market by 2010 as part of its expansion strategy in the country's auto mart.
Toyota on Thursday launched updated versions of its sedan Camry in India.
Fresh dollar selling by banks and exporters largely helped the home currency to recover from early losses
The domestic currency has dropped by 62 paise or 0.93 per cent in four trading days.
Brand Toyota may have taken some beating after the Japanese carmaker had to recall millions of vehiles in the US, but in India the company sees no impact and is eyeing a strong growth.
The group also said that the company's operations in India - Hero Honda Motors - would establish its third plant in 2006.
The company has entered into a brand licensing agreement with Global Brands Enterprise Solutions, a firm promoted by Chinese white goods player Haier's former India head Pranay Dhabhai.
Fresh demand for the US currency from importers and banks alongside sustained capital outflows by foreign funds weighed on the local unit
India has progressed further than China in financial liberalisation and its private sector-led model has fostered indigenous entrepreneurship, whereas China is still dominated by highly profitable state monopolies.
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