CLSA expects annual net inflows of $15 billion from domestic investors over the next few years in India.
The workers have been sporting black arm-bands and have stopped taking tea and snacks offered by the company.
The increase in PV sales in September was driven by festive season purchases, with SUV models like Maruti Suzuki's Brezza, Hyundai Creta, Mahindra Scorpio, Ford Ecosport and Honda W-RV witnessing good traction
At Rs 43,150, Dream Neo hopes to create deep inroads into the Indian commuter segment.
The initial wage negotiations, which started during late-August 2012, remained inconclusive and fell apart on January 21. The matter was referred to the Deputy Labour Commissioner of the region for further deliberations.
Representatives of employees at the Gurgaon facility on Wednesday said workers would stop cooperating with engineers and supervisors from Thursday.
The initial wage negotiations between workers and management of two-wheeler major Hero MotoCorp's Gurgaon plant remained inconclusive on Monday and the matter has now been referred to Haryana Deputy Labour Commissioner for further deliberations.
Amid rising petrol prices, two-wheeler makers such as Mahindra & Mahindra, TVS Motors, Hero MotoCorp and Bajaj Auto are stepping up research to develop engines run on diesel or other fuels.
The index widened its loss towards the fag-end on emergence of intense selling in heavyweights like ITC, RIL and ICICI Bank. In percentage terms, however, Sun Pharma was the biggest loser with 9.39 per cent drop. Intra-day, the pharma major's shares tanked over 20 per cent.
Supporting the all India strike called by 11 trade unions, Suzuki Motorcycle India Employee Union President Anil Kumar said: "As many as 27 workers unions of different factories in the Gurgaon, Manesar, Dharuhera and up to Bawal have agreed to go on strike for a day. So, there will be no production at our plant tomorrow."
The workers at Hero's Gurgaon unit were agitating since December last year for higher wages
Car and two-wheeler makers are giving India's largest auto hub the miss, thanks to prolonged labour unrests.
Honda Motorcycle is on a roll, launching new motorcycles now and then. The Japanese automaker plans to take the numero uno position from Hero MotoCorp by 2020 in the Indian market and is planing a slew of launches in the coming years. One such motorcycle to be launched in India next year is the Honda CRF250L.
M&M also saw its domestic passenger vehicle sales grow by 1 per cent, while Toyota Kirloskar Motor witnessed a decline in its PV sales.
Among top losers that dragged down key indices were Infosys, TCS, Reliance, SBI, Tata Steel and ITC, falling up to 2.15 per cent.
However, compared to August, vehicle sales increased by 15.25 per cent on the back of discounts. Maruti led the market in offering heavy discounts and incentives for buyers and dealers, reports Arindam Majumder.
Sector-wise, banking, IT, pharma and realty indices drove the market momentum.
'What volumes will we have with a Rs 1 lakh product?' 'As a company, we will not restrict it to a segment.'
TCS was the biggest loser in the Sensex pack, sliding 3.17 per cent, followed by HCL Tech, Yes Bank, IndusInd Bank, RIL, ICICI Bank, Infosys, Tata Steel, Kotak Bank and L&T, down up to 2.34 per cent.
Leading automakers Maruti Suzuki India, Hyundai Motor, Kia Motors and Tata Motors reported sales growth in the domestic market in November, aided by robust offtakes amid the festival season. While Maruti Suzuki India reported marginal growth, Hyundai logged in its highest ever monthly sales in November. Others like Honda Cars India, Toyota Kirloskar Motor, Mahindra & Mahindra and MG Motor India also reported sales growth in November as compared with the same month last year.
In the Sensex pack, Yes Bank, IndusInd Bank, Infosys, ICICI Bank, TCS, SBI, Reliance Industries, ONGC, Axis Bank and NTPC rose up to 2.66 per cent.
A recovery in rupee, buying by domestic institutional investors, encouraging earnings by select blue-chips and stock specific buying helped the market get back on its feet
The new Tata Tigor, Datsun Go and Hero Xtreme 200R are hoping to use celebrity endorsers and gain a foothold in a segment that has been the stronghold of market leaders for several decades. But will it work?
Implementation of the Seventh Pay Commission recommendations, One Rank, One Pension are the other triggers going ahead, analysts say
Having reached the company's authorised outlets already, the Hero Passion XPro is available in five variants with their prices ranging from Rs 46,800 to Rs 51,800.
The biggest gainers in the Sensex pack were Sun Pharma, Bajaj Finance, Vedanta, Yes Bank, ICICI Bank, HDFC, Tata Motors, HCL Tech, IndusInd Bank and Axis Bank, rising up to 2.98 per cent.
This partnership will help us improve our own capability, says Munjal.
Losers included Bharti Airtel, SBI, Wipro, Vedanta, Maruti Suzuki, ICICI Bank, Axis Bank and Reliance Industries, falling up to 2.18 per cent.
From being exorbitantly priced to facing stiff competition, Harley was always going to find it tough to crack a market like India, says Dhruv Munjal.
Here's a look at the major features of these 150cc machines to help you choose the motorcycle that suits you the most.
Tiger Woods said the response to his maiden trip to India was nothing short of phenomenal.
The company's operations are slated to commence in Burkina Faso and Ivory Coast next week.
TCS and Infosys were the top losers in the Sensex pack, falling up to 3.39 per cent.
The rally was led by IT stocks, with TCS and Infosys rising up to 5 per cent. Yes Bank, on the other hand, was the biggest loser on both the bourses, cracking nearly 12 per cent
On a net basis, foreign portfolio investors bought Rs 446 crore worth of domestic stocks on Thursday and domestic institutional investors (DIIs) were net buyers to the tune of Rs 49.68 crore, provisional data available with BSE suggested.
Workers at Satyam Auto and Rockman Industries, two leading auto parts suppliers to India's largest two-wheeler company, Hero MotoCorp, have been on strike for the past two weeks. They have come together to press for better wages and a workers' union.
The NSE Nifty ended 55.75 points, or 0.57 per cent, higher at 9,912.80 after moving between 9,925.75 and 9,882.
SBI was the biggest loser in the Sensex pack, shedding 2.40 per cent, followed by Yes Bank, Bharti Airtel, L&T, Sun Pharma, M&M, ICICI Bank, ONGC, RIL, Asian Paints, Vedanta and HUL, which lost up to 2.37 per cent.
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