Analysts expect companies to fare better in the September quarter (Q2 FY23) as moderation in prices of raw materials starts having an impact
Entry-level cars, two-wheelers remain in slow lane; two-wheeler exports jump
High food inflation forces restaurants to hike prices; ban on service charge will likely lead to further increases in the prices of dishes on the menu
The festival season kicks off with Onam end-August right through Diwali in October
Mercedes-Benz deliveries in the first half of 2022 also increased at a rapid pace, increasing 56 percent to 7,573 units between January and June.
In a Q&A, Anish Shah says the valuation for the upcoming EV subsidiary is fair and the company will be rewarded adequately by investors soon
British International Investment and Mahindra & Mahindra have reached a binding agreement to co-invest Rs 3,850 crore (Rs 1,925 crore each) at a valuation of Rs 70,070 crore
The total capital infusion for the EV Co. is envisaged to be approximately Rs 8,000 cr/$1 billion between FY24 and FY27
Tata Motors had challenged the tender Brihanmumbai Electric Supply & Transport awarded to Evey for supplying 2,100 electric buses
However, the overall automobile retail sales declined 8.68% compared with the corresponding month in June 2019, indicating that the broad-based recovery has yet to kick in
Will look to sell 100K units by next year: Chandrasekaran
Suba Group to oversee 58 existing and upcoming Choice properties in India; move follows closure by American hospitality chain of its Indian arm
SUV maker plans to stay aggressive in cranking out new models
Maruti Suzuki dispatched 128,999 units to its dealers in June as against 128,432 units in the same period last year
However, if sales of Baleno and Brezza models to Toyota Kirloskar and of LCV Super Carry are included, the dispatches were up from 130,348 units a year ago to 132,024 units last month
BNCAP is the India equivalent of the Global New Car Assessment Programme (GNCAP)
Inks partnership with Tata Motors and Tejas Networks, plans innovation centre with TCS
Company expects car will impress buyers considering premium offerings like Toyota Fortuner, Jeep Meridian and MG Gloster
Says if buyers want BNCAP rating, they'll be charged for it
The local arm of Hyundai Motor has benefitted after some leading manufacturers pulled the plug on diesel models amid tightening regulations