Latest Updates Around The World
In the midst of the current debate about whether entry-level small cars will organize a comeback in the GST 2.0-era, Hatchbacks will retain their market relevant despite the worldwide trend of “suvisation” in the automotive industry, according to the Automotive Dealers’ Body Federation of Automobile Dealers. While the largest car manufacturer in the Land Maruti […]
Shares of Hyundai Motor India LTD could fall more than 26% compared to the current level, says Interior brokers of incredible shares, while retaining the reduction of the call on the counter. Analysts have assigned a target price of RS 2,023 per share, considerably lower than the previous closure of RS 2,737 per share. The […]
Foreign Institutional Investors (FIIs) have a huge RS 4,500 CRORE bets blitz on Indian auto shares Disapped since the GST rationalization announcement of Prime Minister Narendra Modi, the announcement of the rationalization, aggressive positions to be a consumption of the sector-Geleide-Geleignebesty-Geleign The dramatic increase in the appetite of foreign investors comes as the decision of […]
Car, two-wheeler and consumer electronics makers in India increase production by no less than 25%, anticipating that GST-eating cuts on various products will cause an increase in demand that will be maintained at least until Christmas. Small car manufacturers are even more optimistic and expect that demand will remain floating for a longer period.The cutbacks […]
New Delhi: the sale of passenger vehicles decreased for the fourth consecutive month in August with car manufacturers who checked shipments to dealers prior to the announcement of revised GST rates later this month. According to estimates from the industry, no fewer than 330,000 vehicles were sent from factories to dealers last month, a decrease […]
Almost a decade after storming India’s telecom landscape and rewriting the rules of the game, Reliance Jio finally prepares for what could be the largest IPO in Indian history. The long -awaited offer, announced by billionaire Mukesh Ambani at the AVA of Reliance Industries last Friday, could appreciate the largest telecom operator in India to […]
Automobile and consumer electronics dealers are careful for the crucial party season, because they are waiting for an imminent reduction of goods and service tax (GST) and product prices. The dealers slowly continue with the addition of inventory to maintain working capital and to prevent funds in the input tax credit from being locked if […]
NSE Indices announced a recasting of his benchmark indices on Friday as part of his half-yearly assessment. Budget Carrier Indigo and Max Healthcare Institute will be included in the Nifty Index, to replace Hero Motocorp and Indusind Bank. The changes will take effect from September 30. Indigo had an average exemption market capitalization of RS […]
The total retail sales of passenger vehicles, two -wheelers, tricycles, tractors and commercial vehicles in India fell 4.31% to 1.96 million units in July, on a high basis and a reflection of slow consumer demand. The retail sales of both passenger vehicles and two -wheelers fell during the month, while the sale of commercial vehicles […]
Mahindra & Mahindra is planning to manage rare earth magnet supplies through alternative sourcing channels for the coming nine months and will pursue ‘technical efforts’ to tackle the raw material shortage situation in the midst of the growing product portfolio, according to a senior manager. The imposition of export restrictions by China on important rare […]
