Indian consumers’ mood is worsening, slack building, says RBI survey
The current situation index fell to 83.7 in January, the lowest since March 2015, according to RBI.
Rising agri income, cost cuts can help Hero Moto ride out bumps
Hero Moto has fallen 8% in 6 months, while its peers have gained up to 17% in...
Share market update: Auto shares in the red; M&M down 3%
The Nifty Auto index was trading 1.01 per cent down at 7983.35.
Foreign marques lend steam to ailing auto Inc
The likes of Great Wall, Kia and MG Motor, which have taken up almost a third of the show arena at the Auto Expo which begins this week, are the ones along with the VW Group and PSA that are expected to drive future investment in India’s auto sector. These global players are expected to invest $4-5 billion in India in the next three-four years.
China's January auto sales expected to fall 18 percent year-on-year
This is the 19th month of decline, exacerbated by the advent of a coronavirus epidemic that has killed more than 1,100 people, as of February 12. Local governments began imposing travel curbs and warning residents to avoid public spaces in the last two weeks of January, and industry executives said the epidemic was likely to wreak havoc on auto sales and production in the first quarter.
Stock market update: Private banks slump; IndusInd Bank falls 2%
The Nifty Private Bank index was trading 0.59 per cent down at 17,080.55.
Precious Metals: Gold slumps, silver shines in futures trade
Gold prices fell by Rs 75 to Rs 40,125 per 10 gram in futures trade on Thursday.
Amtek Auto lenders accept 80% haircut on Rs 12,700 crore dues
Deccan Value Investors has bid a lower amount totaling ₹2,700 crore this time.
Electric vehicles a $300 million opportunity for Tata AutoComp
The Tata Group company is forming a division within the company for electric vehicles and it will be headed by AK Jindal, who was earlier heading R&D at Tata Motors. Tata AutoComp sees this division to account for a quarter of its overall business in the coming five years, accounting for a minimum of about $300 million.
Auto Expo 2020: All you need to know
The Auto Expo 2020, being held in Greater Noida, Uttar Pradesh, is a great draw for the biggest names in the automotive world.
Share market update: Fertilizer stocks mixed; Rama Phosphates slumps 5%
The NSE Nifty50 index was trading 83.90 points up at 12063.55.
Share market update: Media shares mixed; ZEEL slumps 6%
The Nifty Media index was trading 1.04 per cent down at 1763.75.
Auto Expo 2020: What is Great Wall Motor planning
Chinese automobile giant Great Wall Motors is set to take a giant leap, springing a clutch of SUVs at the Auto Expo, according to reports.
Share market update: Auto shares gain; Amara Raja Batteries up 2%
The Nifty Auto index was trading 0.51 per cent up at 7932.75 .
Aqua line of the Noida Metro sees highest ridership on account of Auto Expo
As many as 32,923 people rode the newly constructed metro line as against an average daily ridership of about 25,000, according to official data, said one person in the know asking not to be named. Over 70,000 people visited the auto show on Friday, according to the organiser Society of Indian Automotive Manufacturers (SIAM).
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