As part of the tie-up, Axis Bank will offer flexible Equated Monthly Instalment (EMI) options on Maruti Suzuki cars. These options would ease liquidity and would thus decrease the repayment stress of customers during the ongoing COVID-19 crisis

SBI Cards and Payment Services share ended 4.21% or Rs 28.40 higher at Rs 703.25 against  previous close of Rs 674 on NSE

The announcement follows another recall that began last month of 4,653 imported Mercedes G-class sedans that had incorrect child-safety lock labels, Xinhua said

With complete lockdown in April and limited sales in May, MSI reported 81 per cent dip in total first quarter sales at 76,599 units as compared with 4,02,594 units in same period of 2019-20

LIC made fresh positions in HCL Technologies, Hindustan Unilever, IndusInd Bank, Adhunik Metaliks, Amara Raja Batteries, Birla Tyres and Tata Consumer Products among others

Stock Market LIVE Updates on July 3: Bajaj Auto, followed by Asian Paints, Bharti Airtel, HUL, Reliance Industries, HUL and Kotak Bank were among the top gainers in the Sensex pack. On the contrary, Tata Steel, HDFC, M&M and Bajaj Finance were among the laggards

In the first full month after lockdown restrictions were eased in mid-May, two-wheelers and tractors were the two segments showing the most optimistic trends, while passenger vehicles were slow in offtake

After release of auto sale data, Eicher Motors shares closed 0.17 per cent up on NSE at 18,365. On BSE, the share closed 0.31 per cent at Rs 18,387.85

Contrary to expectations, the numbers are significantly lower than the levels the company was operating at in February when it had sold 133,702 units

Stock Market LIVE Updates on July 1: ITC, followed by Axis Bank, HDFC, IndusInd Bank, Bajaj Finance, SBI and Reliance Industries were among the top gainers in the Sensex pack. On the other hand, NTPC, Kotak Bank, L&T, ONGC and Nestle India were among the laggards

The Department of Heavy Industries (DHI) has sought feedback from auto industry groups on the initial proposal, which suggests giving incentives over five years to increase local production and procurement for export

\"So it is not really in anybody's commercial interest to continue to import, you import because you really have little choice in the matter,\" Bhargava told PTI in an interview

In April, India also tightened rules for investments from neighbouring countries, including China, to prevent opportunistic takeovers after the pandemic

A petrol car is cheaper, easier to maintain, less noisy, refined and is available across all price band of cars. Diesel was initially the choice of heavy vehicles with trucks and buses preferring it due to the high torque that made it suitable for hauling heavy load

CAIT has been at the forefront of an anti Chinese products campaign in India following the spread of coronavirus that originated in Wuhan province in China and has ravaged global economy including India

In many sectors like electronics including smartphones, pharmaceuticals, renewable energy and automobiles, Indian industries remain heavily reliant on imports from China that cannot be substituted either by local production or from any other source overnight

Kia Sonet was revealed to the world at the Greater Noida Auto Expo 2020. The Kia Sonet is expected to intensify the competition in the compact SUV market segment

Contrary to the rating upgrade, Tata Motors share price touched an intraday high of Rs 103.8, rising 7.68% against its previous close of Rs 96.40

The company said it has also extended all necessary support to the infected employees for medical treatment as well as quarantine procedures

Should the industry end June 2020 with the 60-70 per cent of June 2019 sales, it would still be lower by around 35 per cent for two wheelers and 40 per cent for cars from peak