As the second wave of the Covid-19 pandemic abates, India's automakers are hopeful of a quick recovery in sales volumes, led by better rural sentiment, low interest rates, improved availability of finance and a gradual uptick in business and economic activity. In fact, companies have started to ramp up production already, encouraged by high order books and the growing preference for private transport in both rural and urban areas as a means to avoid infections. In early April, the industry had been bullish as the sales trend for March showed that the effects of the Covid-19 pandemic had been left behind. The total vehicle sales had grown by 77 per cent, albeit on a lower base, and for the past few months, sales had consistently touched 300,000 units per month.
Auto sales, particularly of two-wheelers, may not bounce back immediately and may take another two months to come back on track even as car bookings have started seeing an initial uptick. Various states started Unlock 2.0 on Monday, following a fall in the number of Covid-19 cases. Auto sales were hit in May following the impact of Covid-led lockdowns.
The case was registered under sections 302 (murder) and 307 (attempt to murder), the officials said.
Shops selling essentials including vegetables functioned from morning till 2 pm and private vehicles and autos, taxis were off the roads.
Woods suffered serious injuries to both legs in Tuesday's wreck and was initially listed in serious but stable condition, Los Angeles County Fire Chief Daryl Osby told reporters. CNN reported Woods sustained compound fractures to his legs.
The 2-door vehicle may finds its way back in India with the launch of the all-new Thar by Mahindra and Mahindra, says Rajesh Karkera.
The Kerala high court on Tuesday asked the police not to take any action against actor Dileep, in connection with a new case registered against him and five others for allegedly threatening investigation officers probing the sexual assault of an actress back in 2017, till January 14.
According to the Central Pollution Control Board (CPCB), the 24-hour average concentration of lung-damaging fine particles known as PM2.5 in Delhi-NCR shot up from 243 micrograms per cubic metre at 6 pm on Thursday (Diwali day) to 410 micrograms per cubic metre at 9 am on Friday, around seven times the safe limit of 60 micrograms per cubic metre.
Justice Gopinath P asked the accused to handover the phones in a sealed box by 10.15 am on January 31.
Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Thursday reported robust sales in March as a shift towards personal mobility and pent up demand continued to help companies push dispatches to their respective retail partners. Toyota Kirloskar Motor, Honda Cars and Mahindra and Mahindra (M&M) also reported strong sales last month as compared to the year-ago period, when dispatches were adversely impacted due to the impending transition to BSVI from April 2020 and the nationwide lockdown to contain the coronavirus pandemic. The country's largest carmaker Maruti Suzuki India said its domestic sales stood at 1,49,518 units last month. The auto major had reported sales of 76,976 units in March 2020.
The actor and four others--his brother, brother-in-law, driver and a friend, appeared before the crime branch officials at 9 am for interrogation as directed by the Kerala high court.
Actor Dileep and others, who appeared before the Crime Branch office here on Sunday in a case registered against them for allegedly threatening officials probing the sexual assault of an actress in 2017, were interrogated for 11 hours.
Chinese President Xi Jinping has stressed the need for the recruitment of new talent to support the rapid modernisation of the armed forces and win future wars amid reports that the military has committed more resources to enrol 3 lakh personnel for frontline positions.
The Congress said it will continue their march once the COVID third wave declines and the curbs are relaxed.
Vogo, which has a fleet of over 12,000 vehicles mainly across Hyderabad, Mysuru and Bengaluru, is also betting big on India's growing traffic congestion.
While sales of compact cars, including models such as Swift, Celerio, Ignis, Baleno and Dzire declined, sales of utility vehicles, including Vitara Brezza, S-Cross and Ertiga, increased 26.3 per cent to 19,177 units as compared to 15,178 in the year-ago month.
Despite a shaky Q3, conviction over the stock remained high, with 65 per cent of the analysts polled on Bloomberg retaining their 'buy' recommendation.
'Even during the lockdown, we have received many online enquiries and subsequent bookings.'
The merits and demerits of the telcos' 5G strategy however is clearly dependent on the financial muscle of players, reports Surajeet Das Gupta.
The couple had approached the HC seeking that the FIR registered against them by the Khar police in Mumbai on the charge of deterring a police officer from discharging her official duties be quashed.
Heavy police security was deployed in Mumbai in the wake of Thackeray's call for "silencing" loudspeakers atop mosques.
Delhi government's odd-even scheme was launched in the national capital on Monday with common citizens giving it a mix response.
'Kudos to the SC & the CJI for standing up to the Govt on the gross misuse of this colonial law of sedition to silence dissent'
On December 15, 2020, JLR announced that it has opened bookings of its first Plug-In Hybrid in India, the New Defender P400e.
The journalist was covering clashes between Afghan troops and the Taliban in Spin Boldak district of Kandahar city.
Some parties, including the Congress, also demanded immediate sacking of Union Minister of State for Home Ajay Kumar Mishra, following Samyukt Kisan Morcha's allegation that his son was travelling in one of the vehicles involved in the incident.
... and I learn more about economic trends than from books, says Ajit Balakrishnan.
Nana Patekar hit the businessman on the face, pulled his gun and threatened to kill the businessman, according to the complaint by Morarma.
Citing some news reports about alleged unfair business practices, and that the lender had also missed analysts' estimates on profits for the first quarter ended June FY21, Rosen Law Firm said it is preparing a securities lawsuit.
New Creta, petrol Vitarra Brezza.. A quick look at what went down at Auto Expo Day 2.
Tata Motors has halved the volume outlook for its UK subsidiary Jaguar Land Rover Automotive (JLR) and warned of lower earnings as it sees the semiconductor shortage deepening in the September quarter of the current financial year, according to a notification issued by the company to the stock exchanges on Tuesday. The announcement caught investors unawares. They were hoping for a quicker recovery. Tata Motors' stock tanked 13 per cent (on July 6) from the day's high of Rs 358.10 and hit the lower circuit (Rs 311.45) in intra-day trades.
Rising commodity costs, coupled with other marketing-related expenses, could weigh on profitability in the coming quarters.
The weekend curfew, aimed at breaking the chain of spiralling coronavirus infections, was clamped at 10 pm on Friday and will continue till 5 am on Monday.
If IOC is not allowed to run its own affairs, then we can see it close down in the next 10 to 15 years, warns Sudhir Bisht.
Company's sale to dealers hit an eight-month low to 6,924 units in January.
Uber Technologies said it is doing a fresh round of recruitment for its India tech centres and is planning to hire 500 more tech employees by December. The app-based mobility and delivery company has a 1,000-member tech team across its centres in Hyderabad and Bengaluru. The firm said the hiring plan is a testament to Uber's commitment to India, and its recognition of the engineering talent in the country. Uber hired 250 engineers to its India teams in 2021.
Keeping in mind the bitter backdrop in which the two Sena factions are likely to come face-to-face with each other on October 5, the Mumbai police, along with the Maharashtra administration, are leaving nothing to chance.
The story of Iceland is the story of life, notes Payal Singh Mohanka after a recent journey to that fascinating land.
Hyundai Motor India expects its SUV range to gain further traction in the domestic market with demand for personal mobility gaining momentum post the second wave of COVID-19, according to a senior company official. The company, which already leads the SUV space with models like Venue, Creta, Tucson and recently launched Alcazar, is looking to maintain its lead in the segment which is growing with each passing month.
The incident happened on October 3 in Mumbai.
