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20 June, 2018 7:09 AM Macquarie bets on normal monsoon, pay panel recommendations to boost auto sector

Shares of automobile companies have not had a great year so far, falling around 7 percent on a year to date basis. But, going forward, global research firms such as Macquarie are upbeat on the sector, citing multiple factors. For instance, Macquarie is expecting rural sentiment to improve based on normal monsoon forecast. Along with it, implementation 27

5 June, 2018 9:39 AM Market Update: Midcaps bleed the most dragged by Biocon, GMR Infra; RIL, Maruti top gainers

378 stocks hit a new 52-week low. These include ACC, Ajanta Pharma, BHEL, GE T&D, Granules India, HCL Infosystems, HDIL, IDFC Bank, India Cements, JK Tyre, Kwality, Mcleod Russel, PTC India Financial, Titagarh Wagons and Unitech among others. The broader indices are trading on a negative note this Tuesday afternoon with the Nifty down 72 points 55

4 June, 2018 4:45 PM Suzuki India arm rolls out 20 millionth car

India beats Japanese record by 11 years Japan’s Suzuki Motor Corporation today said it has achieved accumulated automobile production of 20 million units in India, making India the second country after Japan where Suzuki has reached this milestone. India, the company said in a statement, is the fastest country to reach 20 million units in 34 years and 5 months 28

4 June, 2018 8:26 AM Suzuki’s automobile production in India crosses 20 million milestone

The Japanese small car major began its automobile production in India in December 1983. Japan’s Suzuki Motor Corporation (SMC) on Monday said it has achieved accumulated automobile production of 20 million units in India. India becomes the second country after Japan where Suzuki has reached this milestone, the has company said. SMC, which began its journey 34

1 June, 2018 5:47 PM Auto sales zip on fast lane in May

Maruti Suzuki clocks 24% growth in passenger vehicles , Tata Motors 61% Automakers continued to witness strong demand in the month of May with most registering double digit growth in domestic sales. Market leader Maruti Suzuki saw a growth of 24% in passenger vehicles sales at over 1.63 lakh units last month, driven by an almost 51% growth in sales of compact 36

28 May, 2018 11:43 AM Sensex jumps 240 points, Nifty tests 10,700

New Delhi: Markets soared over 240 points while the Nifty was just short of touching 10,700 in closing trade amidst healthy buying in pharma, banking, auto and capital goods on Monday. The BSE Sensex jumped 240.61 points or 0.69 percent to close at 35,165.48. Similarly the NSE Nifty edged up 83.50 points or 0.79 percent at 10,688.65. The rally was led by Sun Pharma 42

28 May, 2018 8:34 AM Market Update: HPCL, BPCL along with pharma stocks propel Nifty higher; Tech Mahindra falls 4%

Bajaj Finserv, Britannia Industries, Jubilant Foodworks, Kotak Mahindra Bank, NELCO and Pidilite Industries were some of the stocks that hit fresh 52-week highs in afternoon trade. The broader are trading on a positive note this Monday afternoon, with the Nifty up 88 points at 10,693 and the Sensex gaining 255 points at 35,179. The Nifty midcap 50

24 May, 2018 4:39 PM Maruti dominates PV segment in April with seven models in top 10 list

New Delhi: Maruti Suzuki India (MSI) maintained its leadership position in the domestic passenger vehicles (PV) segment in April with seven of its models appearing in the top 10 selling list, and its premium hatchback Swift taking the top spot. Rival Hyundai Motor India also made its presence felt with three of its models featuring in the top ten list. According 58

18 May, 2018 3:16 PM Toyota adds Yaris to lineup

Sedan starts from ₹8.75 lakh, to vie with City, Verna, Ciaz Toyota Kirloskar Motor on Friday introduced its new mid-segment sedan Yaris in India with an introductory starting price of ₹8.75 lakh ex-showroom all India. The top most model is priced at ₹14.07 lakh ex-showroom. The company is targeting sales of 4,000 Yaris units by the end of May. The model 53

15 May, 2018 6:57 AM Sidhu not guilty of culpable homicide in road rage case; gets away with Rs. 1000 fine

Punjab Tourism Minister Navjot Singh Sidhu on Tuesday won reprieve when the Supreme Court found him not guilty of culpable homicide in a 30-year-old road rage case in which a man died after a brief public skirmish with the cricketer-turned-politician. A Bench of Justices Jasti Chelameswar and S.K. Kaul instead convicted Mr. Sidhu of the lesser offence 39