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BusinessToday.In
New Delhi, December 19, 2019
US President Donald Trump on Wednesday became the third U.S. president to be impeached as the House of Representatives formally charged him with abuse of power and obstruction of Congress; The GST Council refrained from increasing tax rates during its meeting in New Delhi on Wednesday. A committee of secretaries, including officials from Centre and states, made a presentation on ways to augment revenue; The ousted chairman of Tata group, Cyrus Pallonji Mistry, has been fighting the legal battle against Ratan Tata-led Tata group for the past three years. He lost the battle in the National Company Law Tribunal (NCLT) in July last year. But his perseverance has yielded a positive result as the National Company Law Appellate Tribunal (NCLAT) on Wednesday ordered to reinstate Mistry at the top post of the Tata group and more news on News Blast.


BusinessToday.In
New Delhi, December 19, 2019
Donald Trump impeached, Senate trial to decide if he'll continue as PresidentUS President Donald Trump on Wednesday became the third U.S. president to be impeached as the House of Representatives formally charged him with abuse of power and obstruction of Congress in a historic step that will inflame partisan tensions across a deeply divided America. The Democratic-led House's passage of two articles of impeachment on a mostly party-line vote sets the stage for a trial next mont...


Sumant Banerji
New Delhi, December 18, 2019
FADA has requested the apex court to allow inventory purchased before March 1, 2020 to be sold after the deadline in the event they could not be liquidated by the end of this fiscal


BusinessToday.In
New Delhi, November 19, 2019
According to Federation of Automobile Dealers Association, two-wheeler sales increased by 5 per cent to 13,34,941 units in October as compared with 12,70,261 units in the year-ago period


Sumant Banerji
New Delhi, November 2, 2019
Typically, the industry reports wholesale figures on the first of every month, which essentially signifies the number of cars dispatched by each manufacturer from their factories to the dealerships


Sumant Banerji
New Delhi, October 30, 2019
SIAM, FADA fight over monthly Indian automobile sales numbers


BusinessToday.In
New Delhi, October 27, 2019
When it comes to challans, September witnessed 9,186 challans issued by the enforcement wing, which is a dip of 63.5 per cent as compared to the monthly average from January to August of 25,218.


BusinessToday.In
October 18, 2019
Catch top stories today from the world of business and economy with BusinessToday.In end of day (EOD) report


PTI
October 18, 2019
Pakistan was placed on the Grey List by the FATF in June last year and was given a plan of action to complete it by October 2019, or face the risk of being placed on the black list with Iran and North Korea


PTI
October 18, 2019
The G-7 summit will draw hundreds of diplomats, journalists and security personnel to the resort during one of its slowest months of the year, when Miami is hot and the hotel is often less than 40 per cent full


PTI
October 18, 2019
The GDP figures emerged just one week after the US and China reached a tentative trade truce to avoid more damages to the world's two largest economies


Sumant Banerji
New Delhi, October 18, 2019
September is traditionally not the best month for vehicle sales due to the 15-day inauspicious shradh period. Sales were also impacted by the uncertainty over a possible GST cut that never came


BusinessToday.In
New Delhi, October 8, 2019
TKM is the fourth company to offer voluntary retirement for its employees after GM, Hero Motorcorp and Ashok Leyland as the ongoing auto slowdown continues to lead to heavy losses for companies


Sumant Banerji
New Delhi, September 10, 2019
Auto crisis: This year, the industry is keeping it simple, treating the festive month of October as regular even as both Navratra and Diwali are falling in it. 


BusinessToday.In
August 20, 2019
Mirroring the weak consumer sentiment and slowdown in the sector, S&P BSE auto sector index has fallen 35% during the last one year, with home-grown Tata Motors falling 55% in the same period.


Sumant Banerji
New Delhi, August 19, 2019
The slump in despatches and the corresponding relative higher retail sales indicate a comprehensive inventory reduction being carried out in the industry


Sumant Banerji
New Delhi, August 19, 2019
The automobile industry is in the middle of an unprecedented slowdown. With companies beginning to lay off workers, the worst is yet to come


PTI
August 18, 2019
Slowdown Blues: Normally the credit period is of 60 days but the State Bank of India (SBI) has extended the same to 75 days in some cases or 90 days in others.


BusinessToday.In
New Delhi, August 16, 2019
While this has been part of the annual holiday calendar on account of Independence Day, Raksha Bandhan and the weekend, it also partly reflects the prevailing market demand scenario, said the company


BusinessToday.In
New Delhi, August 14, 2019
Auto slump: Auto industry body FADA this month said around 2 lakh jobs have been cut across automobile dealerships in India in the last three months


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