Thu, Oct 31, 2024
Retail sales during the Navratras grew by mid-to-high single digits across regions even as rural sales have remained muted, a brokerage firm said in a report on the automobile sector on Thursday.
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Tue, Oct 10, 2023
Vehicles sold heavily in September. Demand for vehicles will increase further due to Navratri
Thu, Apr 13, 2023
Strong volume growth across the segments in the previous fiscal gives confidence that the original equipment manufacturers to post robust growth in the March earnings, another domestic brokerage firm Sharekhan said in its preview report on the sector.
Thu, Mar 09, 2017
The rise of 8 new half metros, with household income exceeding Rs 40,000 crore by 2020, said the report.
Wed, Mar 01, 2017
Progress on the pending Goods and Services Tax (GST) reform and Finance Minister Arun Jaitley's 2017 budget speech to parliament both underscore the government's commitment to reform in the wake of demonetisation.
Sun, Feb 12, 2017
"The decline in IIP was partly owing to base effects, but mostly by demonetisation-led production contraction, especially in automobile production," Kotak Institutional Equities said in a research note.
Fri, Nov 04, 2016
October last year, even with a 'drought' year, saw Maruti Suzuki's sales increase by 25%, Hyundai's by 35.6%, while M&M saw a 20% rise in its October sales from the same period of 2014.
Thu, Oct 06, 2016
One of its suggestions include that cars other than small cars should attract a GST rate which is 8% more than the standard rate.
Wed, Aug 03, 2016
Last week, the Union Cabinet had cleared the changes in the Bill by dropping 1% additional tax on inter-state sales as proposed in the Bill.
Sun, Jun 26, 2016
SIAM, in April, had revised downwards its growth forecast for passenger vehicle sales to 6-8% for the current fiscal.
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