Page 2 - Shally Seth Mohile

German PE firm acquires 80% stake in Mahindra-owned Peugeot Motorcycles

The Munich-based private equity holding company has a portfolio of 32 companies and has a presence across Europe

Mahindra Holidays looks to check in non-members with new hotel brand

To be positioned in the upper upscale band of the leisure segment, the hotel will compete with the likes of Pullman and Courtyard by Marriott

Tata Motors to delist ADS, net loss in second qtr narrows to Rs 945 crore

The move will help simplify the company's financial reporting requirements and reduce administrative costs, it said

Tata Motors beats target, becomes India's first to roll out 50,000 EVs

The firm which entered EV market in 2020, is now focusing on a three-phased architecture approach for such vehicles and plans to launch 10 EVs in five years

Hotels roll out red carpet as big fat Indian weddings make a comeback

2.5 million marriages may get solemnised during the wedding season starting next week; tariff at hotels up by a record 25-30% over 2019-20 levels

Hero MotoCorp, Harley Davidson close in on motorcycle platform

This is part of the larger strategy to strengthen presence in the premium segment where rival Bajaj Auto and Royal Enfield have a stronghold and in which even TVS Motor Co is making rapid strides in

India's electric two-wheeler market may miss 1-million unit target

Supply-side glitches, impending govt regulations, fires, and delay in FAME II subsidy handout have forced start-ups to mothball ramp-up plans

Passenger vehicle makers cheer as sales jump in month-long festival season

Deliveries of market leader Maruti Suzuki India rose to 190,000 units compared to 130,000 units last year

How Kia turned out to be a 'sweet price band' for upper middle class

Hyundai's sister concern has established a respectable presence in India despite a pandemic-year launch

Hotels may hike corporate rates by 15% from January amid surge in demand

Most hotels are already commanding 15-20 per cent higher rates compared to 2019 for the non-contracted rooms

Gifts, dinner vouchers, pre-Diwali bashes by corporates light up hotel biz

Companies across the sectors, particularly the multinationals want to do more for employees to attract them to come to office

BSVI phase 2: Diesel car cost likely to rise by nearly Rs 80,000

Initial acquisition cost of hybrid models to be on a par with diesel ones

Bajaj Auto shifts gear, logs 20% rise in profits; revenue jumps 16%

Consolidated net profit declines 15%

Toyota marks turnaround in India, reports highest profit in four years

The company has worked towards meeting the mobility needs of consumers

Results preview: Strong operational show to drive Q2 for auto firms

Easing chip supply, demand for premium models and price hikes at play

Start-up EV makers allege partial treatment, halt of FAME subsidies

Subsidies of Rs 200-300 crore remain unpaid, said executives of various start-ups

Luxury hotel rates in India lag other markets, says Accor's Mark Willis

India still needs to catch up with other markets in terms of the rates the hotels command. He also touches upon the expansion plans

Festival sales: Consumer firms see robust demand across categories

E-commerce firms and online retailers too have been having swinging times

Indian PV exports to pick up speed as select companies step on the gas

E-passenger vehicles to open a new frontier for Made-in-India cars in the long term

Macro issues not impacting demand: Mercedes India CEO Martin Schwenk

With the launch of the EQB by year-end, Mercedes will have a portfolio of four EVs. It expects a fourth of its sales in India to come from electric in the next five years