BMW's plant in Chenna now has 50 per cent localisation.
Here are some cars, we feel will surely make you stop and think about investing in electric cars, if you haven't done so far.
Tiger Woods, now 48, signed his first five-year, $40 million contract with Nike in 1996, and renewed it repeatedly.
After experimenting with specialised malls, realtors are hard-selling the luxury mall concept.
Kinetic on Wednesday relaunched the iconic two-wheeler Luna in an electric avatar, addressing the demand for affordable electric vehicles (EVs), more than two decades after its initial introduction. e-Luna will be available at an introductory ex-showroom price of Rs 69,990, as announced by Sulajja Firodia Motwani, founder and chief executive officer of Kinetic Green, after Union Road Minister Nitin Gadkari launched the vehicle. Motwani pointed out that the current top 10 electric two-wheelers in the country are priced between Rs 1.05 lakh and Rs 1.49 lakh, making them a "luxury" that is not "practical and accessible" for most people in India.
IMAGES from Premier League matches played on Saturday.
Continuing our Navratri colour trail, Sukanya Verma lists nine royal blue impressions that Bollywood left on screen.
Lamborghini has sold 10,112 cars worldwide -- so India's 100 is certainly a big deal for them. But how big a deal is it for us to peg our consumption theories around, asks Rama Bijapurkar.
Mercedes-Benz India is aiming to post double-digit growth in sales volume during 2024 as it plans to launch over 12 car models during the year, says its managing director and CEO Santosh Iyer. The German carmaker, which leads the luxury car market in the country, recorded 10 per cent year-on-year (Y-o-Y) growth to 17,408 units in 2023. "For 2023, we always said that the growth would be in double digits.
For the super rich who feel five star luxuries are too less, hoteliers in United States are rolling out a new class of six-star hotels.
Sanjiv Puri, chairman and managing director of ITC, is looking to expand the conglomerate's play outside India by taking "strategic positions" in markets close to home in the non-cigarette fast-moving consumer goods (FMCG) and hospitality businesses. In a recent conversation with Business Standard, Puri revealed that ITC is setting sights beyond India's borders. "We already export to 100-odd countries. We want to scale that up and take some strategic positions in markets close to us," he said.
Beholding the beauty of the Taj Mahal from a chartered helicopter or booking an entire palace for accommodation - three in every hundred tourists worldwide have the luxury for such indulgence.
Commercial vehicle maker Volvo India on Thursday unveiled a revamped version of its luxury inter-city bus to capitalise on the growing traffic.
Interviews were being set-up and India looked all ready to host one of the most prestigious events in the luxury business marking the country's importance in that segment. Less than 24-hours later, the newspaper that is owned by the New York Times had been forced to send out an official note confirming that the conference had been postponed.
The effect of the subprime crisis that began to be felt around early 2007 hasn't affected domestic sales of super luxury cars priced between Rs 1 and 3 crore. Super luxury car manufacturers such as UK's Bentley grew by 20 per cent last year and expect to clock similar growth in the country this year.
Rohit dropped hints that all three could feature in the playing XI at Chepauk
CESC Properties, a subsidiary of the group's power utility, CESC Ltd, is building the city's first luxury mall, Spencer's Galleria. It will house 20 luxury brands, a first for Kolkata.
Mercedes-Benz plans to sell more compact cars.
Considered as opulence marquees, these brands display superior design and fine craftsmanship. They are sported by the rich and famous.
In a statement on Sunday, the Maldivian foreign ministry said they were aware of the "derogatory remarks on social media platforms against foreign leaders and high-ranking individuals".
Could the MPCE survey results be used as a basis of reconstructing the Consumer Price Index with new weights, asks Madan Sabnavis.
Bollywood is always on the move, whether on work or pleasure. And they *always* keep us updated!
Which of these blouse styles would you like to copy in the festive season?
Once customs duties are slashed, your dream to own a luxury car may become a reality.
CLSA has downgraded select real estate stocks and expects most counters from this sector to consolidate in the months ahead after the sharp run seen in them in the last few months. Most positive factors in terms of a pick-up in housing demand and office space absorption, it said, are already priced in. "We expect housing industry demand to grow around 12 per cent in 2024 and for large developers to outpace industry to grow at 15 - 20 per cent.
While most people associate a high-end car like Audi with luxury and comfort, for Mannu Sharma and Amit Kashyap it proved to be an inspiration to set up their own tea stall in Mumbai.
In a move aimed at checking the revenue loss stemming from Indian shoppers purchasing luxury brands abroad, the government on Friday said it could rationalise import duties."India has high tariffs and we recognise that if you go abroad and buy, then it is a revenue loss for India. So we are working on both duties and countervailing duties," Union Commerce Minister Kamal Nath said.
It is estimated that the luxury market in India is around USD 5.8 billion (nearly Rs 28,500 crore), is spreading beyond the metros as adoption of global trends is fast catching up in smaller cities, as well.
As the economies of emerging markets boom and their biggest conglomerates grow into multinationals, more and more of the new corporate giants in countries ranging from India to China, Russia and Brazil are looking to wring greater profits out of their respective industries.
'For the last two elections, the Congress manifesto has been thrown into the dustbin.' 'This manifesto will also be thrown into the dustbin.'
Vote for the hottest LFW x FDCI showstopper.
Properties located between Santa Cruz and Andheri in north west Mumbai are currently available at Rs 50,000 to Rs 100,000 per square feet, while in Dubai luxurious, fully furnished, properties are available at Rs 34,000 to Rs 60,000 per square feet of carpet area in the best locations.
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