'The biggest risk to the Indian markets from a 12-18-month view is that the current government does not get re-elected, or loses in a way that is not represented at all in the next central government.'
The institutional portion was subscribed 143 times, the wealthy investor portion by 360 times and the retail investor portion by 24.5 times.
The Nagpur bench of the Bombay high court on Tuesday refused bail to advocate Surendra Gadling in connection with a 2016 Surjagarh iron ore mine arson case, noting that prima facie the accusations against him are true.
Japanese auto major Honda Cars on Thursday unveiled its new offering for the Indian market -- City e:HEV sedan, marking its foray into the mainstream strong hybrid electric vehicle segment in the country. The company, which is present in India through a wholly-owned subsidiary, has commenced the bookings of the model and plans to introduce it in the market next month. As per the company, the model, an extension of its City model range, would feature self-charging two-motor strong hybrid system connected to a 1.5 litre petrol engine, entailing a peak power of 126 PS and fuel efficiency of 26.5 km per litre.
Maruti's strategy for the SUV segment is to arrest the decline in customers for entry level hatchbacks.
Supply chain constraints will keep plaguing automobile companies even though demand significantly improved resulting in a 13 per cent year-on-year (YoY) increase in sales in financial year 2021-22 (FY22). Executives at auto firms fear that the Russia-Ukraine war will further dent the sector's prospects of recovery as supply chains face more disruptions. "The visibility in the supply side is so hazy that it is difficult to give even one quarter projection. But all the parameters of demand like pending bookings and enquiries are increasing.
Alia Bhatt, animated treats, action masala and comic book adaptations, OTT is quite the goodie bag this week.
Passenger vehicle majors like Hyundai, Tata Motors, M&M, Toyota Kirloskar and Honda on Wednesday reported growth in domestic sales in August riding on festive sentiments, although market leader Maruti Suzuki posted a decline amid a semiconductor shortage affecting the industry. The country's largest carmaker Maruti Suzuki India Ltd (MSIL) reported domestic sales at 110,080 units, as compared to 116,704 units in the same month last year, down 6 per cent. "Sales volume of the company in August 2021 was affected due to electronic components shortage.
Maruti Suzuki says it has sold at least one car in 418,000 villages.
The entry of SoftBank-backed Ola into the electric scooter (e-scooter) segment is set to power up the overall market and perhaps fast-track the adoption of battery-operated vehicles. But for manufacturers of internal combustion engine (ICE)-powered two-wheelers, such as Bajaj Auto, Hero MotoCorp, and TVS Motor, it will be a double whammy. Not only will they have to contend with the aggressive pricing of Ola's scooter and incur a loss at each unit of the e-scooter sold, the volumes of their regular (ICE) models, too, could feel the squeeze, observed analysts. Ola is expected to price its e-scooter in the range of Rs 85,000-1.1 lakh.
Pricing will be competitive, along the lines of the Maruti Celerio and the Hyundai Grand i10
'There is a trust deficit between Delhi and Srinagar. It is there even today.'
Two men have been arrested for trying to drive their car into the security convoy of visiting Mauritius Prime Minister Pravind Jugnauth in Mumbai in an inebriated condition, the police said on Wednesday.
Nearly a decade ago, the first fully electric vehicle (EV) caught fire on the road in the US. It was a model from Tesla, the world's most admired EV maker. A metal fragment punctured the underbelly of the vehicle, penetrating its battery pack, leading to a fire. Indian lawmakers and automakers have had nine years to study the incident (in fact, three Tesla Model Ss caught fire in two months in 2013) but seem to have learnt little.
A one-day complete lockdown to tackle the rapidly rising COVID-19 cases was enforced across Tamil Nadu on Sunday while police, local and health authorities stepped up measures to check violations.
Tata Motors on Wednesday unveiled Tigor EV, its second electric model in the personal mobility space after Nexon EV. The auto major has tasted success with Nexon EV, which currently commands about 70 per cent market share in the domestic electric vehicle segment. The Tigor EV comes powered by the company's high voltage electric architecture - Ziptron - and has been developed based on three pillars of technology, comfort and safety.
The National Investigation Agency has invoked the Unlawful Activities (Prevention) Act against suspended Mumbai police officer Sachin Waze in connection with the Antilia bomb scare case.
The company, which already has around 66 per cent market share in the hatchback segment and about 50 per cent in the overall domestic passenger vehicle segment, currently sells Vitara Brezza and S-Cross in the SUV segment. In an interaction with PTI, MSI managing director and CEO Kenichi Ayukawa acknowledged that there was some lag in launching new products due to the pandemic but the company is now on track regarding new model launches.
Disproportionate assets of Kamaraj stood at Rs 58.44 crore and he has been booked for criminal conspiracy and offences under the Prevention of Corruption Act, according to the FIR.
The Indian financial services space seems to be in a sweet spot as foreign investors have made a net investment of Rs 14,205 crore ($2.1 billion) in the sector in November amid strong credit growth and manageable non-performing loan portfolio. The investment comes following a net withdrawal of Rs 4,686 crore from financial services stocks in October on account of profit booking. Overall, foreign portfolio investors (FPIs) have made a net investment of Rs 36,238 crore in the country's equity markets in November.
I suggest we build a Vigyan Mandir (Temple of Science) with the ambience of a place of worship, so that it becomes a destination for pilgrims. We should embed on its walls bronze plaques describing each scientist mentioned here along with about a dozen of our ancient mathematicians, recommends Professor Kalyan Singhal, historian of science and technology.
'Inquiries and bookings are at quite a healthy level.'
German luxury carmaker Mercedes-Benz India on Thursday said it will hike prices of select models by up to two per cent from January 1, 2022, to offset feature enhancement and rising input costs. At the same time, Audi announced a price increase of up to 3 per cent across its entire model range, effective from January 1 next year. Mercedes, however, said it is committed to price protection to customers who have booked their cars and are waiting for more than four months for select models.
The carmaker is set to redefine SUVs with the all-new Scorpio N. Rajesh Karkera offers a peak.
Congress minister Alamgir Alam said the party's Bermo MLA Kumar Jaimangal has lodged a police complaint against the three legislators for allegedly luring other MLAs by offering Rs 10 crore each and a ministerial berth if the BJP forms government in the state.
On January 2, 2016, a team of gunmen wearing Indian army fatigues waded through a branch of the Ravi river on the India-Pakistan Punjab border. Arriving on the Indian side, the men hijacked vehicles and drove towards the sprawling Pathankot Air Force base.
Members of Hindu outfits including Vishva Hindu Parishad and Bajrang Dal held a protest in Gurugram, demanding a CBI inquiry in the case.
Auto majors, including Maruti Suzuki India, Hyundai and Tata Motors, on Sunday reported high double-digit growth in their domestic passenger vehicle sales in July riding on stabilisation of macro-economic factors and better consumer sentiments. Similarly, Honda, Nissan, MG Motor and Skoda also reported healthy growth in their sales last month leveraging on improved market mood amid prevailing lower coronavirus infection rate, despite supply constraints of semi-conductors. The country's largest carmaker Maruti Suzuki India's (MSI) domestic sales increased by 39 per cent to 1,41,238 units last month as against 1,01,307 units in July 2020, the company said in a statement.
Deputy Speaker Ranbir Gangwa had told reporters on Tuesday that those who pelted his vehicle with stones on Sunday cannot be called farmers.
The development came hours after the couple cancelled their plan to recite the Hanuman Chalisa outside Maharashtra Chief Minister Uddhav Thackeray's private residence 'Matoshree' in Mumbai.
According to official sources, there was stone pelting when the body of the deceased Harsha was being taken from District McGann Hospital in Shivamogga.
'Dr Kalam never felt or behaved like a President during his entire tenure of five years as the President.' 'Not even a single day, he felt he was the first citizen of India, or someone different from the others, or the President of India.'
The 18-month-old animal was butchered in an open vehicle as Youth Congress workers raised slogans against the Centre's decision to ban sale of cattle for slaughter.
Shortage of semiconductors, price hikes pull January auto sales into red. Dec had seen sales grow for 1st time this FY, which dealers called a one-off.
The man who fired the first shot at Umesh Pal, a key witness in the killing of former Bahujan Samaj Party legislator Raju Pal, was gunned down in an encounter with Prayagraj police early Monday, officials said.
Sambia denied that he was behind the wheel of the brand new Audi and also failed to answer questions about the other people with him during the mishap.
Violence broke out on Sunday near Kallakurichi as protesters demanding justice over the death of a girl student went on a rampage setting fire to vehicles and indulged in stone pelting, in which police personnel also became the target.
Passenger vehicle market leaders Maruti Suzuki and Hyundai on Saturday reported a decline in wholesales in December 2021, although homegrown majors Tata Motors and Mahindra & Mahindra reported growth, amid semiconductor shortage continuing to impact production. Other manufacturers Nissan and Skoda also reported an increase in December 2021 sales although Honda Cars India witnessed a decline last month. The country's largest carmaker Maruti Suzuki India (MSI) reported a 4 per cent fall in wholesales to 153,149 units in December 2021 as against 160,226 units a year ago.
Queen Elizabeth II, who died aged 96 at her Balmoral Castle summer residence in Scotland on September 8, will be laid to rest at a state funeral at Westminster Abbey on September 19.
Leander Paes said he is currently busy working on a biopic to portray the father-son duo's legacy on the big screen.
