Large hybrid cars do not get any incentive from the government right now but Maruti along with its partner Toyota has been lobbying behind the scenes in favour of hybrids as a suitable intermediate technology before the country is ready for EVs

Maruti has increased its vehicle manufacturing target because it is anticipating a higher demand in this fiscal's (FY20) fourth quarter owing to a rollout of more cars that are compliant with BS-VI emission norms, affordable financing options as well as strong demand for its new offerings, XL6 and S-Presso

Paytm founder Vijay Shekhar Sharma steps down as Paytm Financial Services directorPaytm founder Vijay Shekhar Sharma has resigned as the Director of Paytm Financial Services in wake of Reserve Bank of India's regulation that prohibits a payments bank chairman to also hold a directorial position in an NBFC (non-banking finance company) unless it's a subsidiary of the bank. While Sharma in his resignation letter cited \"other preoccupations\" as reasons for his inability to continue...

India's automobile industry is going through its worst phase but Nirmal Minda has used his experience to help Minda Industries buck the trend

India's GDP growth rate slowed down to 4.5 per cent in the July-September quarter of this fiscal; matters have worsened since the June quarter when GDP growth slowed to 5 per cent, lowest in six years and a quarter

Once considered a bad word and symbolised poor manufacturing processes, product recalls have become routine in global automotive industry as machines have become more complex

The poor performance is largely on the back of the steep decline in vehicle industry where production was down by over 13 per cent in the April-September period this financial year

Swift, despite being in the pole position, saw a 13 per cent drop while Dzire and Baleno were down 16 per cent and 3.2 per cent respectively

While the likes of Maruti Suzuki, Hyundai, Mahindra & Mahindra and Tata Motors will continue to make their presence felt, notable absentees from the expo will be Honda, BMW and Ford among others

Reliance Jio to hike mobile tariffs by up to 40% from December 6Reliance Jio has announced a hike in mobile tariffs by up to 40% to applicable from December 6. The telecom operator will raise its mobile services rates through its all in one (AIO) plans where it will offer 300% more benefits, the company said in a statement on Sunday. The telecom operator also said that it will take all required measures to sustain the Indian telecommunications industry.How BJP ministers reacted to...

Linking GST to retail price could end (mis)adventurism in industry and could set standards for responsible corporate behaviour

The decline in Maruti's sales just when it looked like the worst was over in October, adds to the narrative of a deepening slowdown in the overall Indian economy now inching towards a recession

There is lot of conversion happening from diesel to gasoline and to compressed natural gas but still for most of the long-haul applications, diesels are here to stay for a few years

Auto Slowdown: In lieu of the slowdown in the domestic automobile industry, the worst in the history, HMSI had on November 5 barred some contractual workers from entering the factory premises, which immediately snowballed into a major crisis

As the economy goes into a tailspin, jobs across industries are becoming a casualty

Honda said it saw double-digit growth in retail sales during this year's festive season over last year, but it was too early to say whether the momentum would carry over the rest of this fiscal

Corporate India strengthened its resolve and tightened its belt, but slowdown hit market capitalisation of BT 500 companies for the first time in seven years.

Maruti Suzuki finds itself at the receiving end of the unprecedented slowdown in India's automobile market. It has slipped out of the top 10 list.

Corporate India strengthened its resolve and tightened its belt, but slowdown hit market capitalisation of BT 500 companies for the first time in seven years.

In spite of growing challenges, information technology majors recorded the biggest jump in average market cap between October 2018 and September 2019.