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Total 317 results found. Search for [ auto sector crisis ]

Results 1 to 21 of 317
Rashmi Pratap
Mumbai, September 15, 2019
Finance Minister Nirmala Sitharaman's announcement of Rs 20,000-crore fund may be a liquidity booster but it will not help in demand creation, which is necessary to rid the sector of unsold inventory and cash crunch


BusinessToday.In
September 12, 2019
Mahindra has launched the subscription servcie in Delhi-NCR, Mumbai, Pune, Bangalore, Hyderabad, Kolkata, Chandigarh and Ahmedabad in the first phase


BusinessToday.In
New Delhi, September 12, 2019
Piyush Goyal says maths didn't help Einstein discover gravity: He was speaking at a Board of Trade meeting on Thursday.


BusinessToday.In
September 12, 2019
The former prime minister has recommended a six-pronged action plan for the Modi government to tackle the ongoing crisis, which he attributes to demonetisation and faulty GST rollout. The Congress stalwart believes that the country can return to a high growth trajectory in 3-4 years if the government takes appropriate action.


Sumant Banerji
New Delhi, September 11, 2019
Sitharaman's argument that millennials' preference for Ola and Uber is responsible for dismal auto sales was perceived by the auto industry as an excuse for not slashing excise duties to prop up sales - something the government has been hinting at for a week at least


BusinessToday.In
New Delhi, September 11, 2019
Riding high on hopes of GST rate cut, BSE auto index gained 3.6 per cent, or 565.52 points, to close at 16,665, led by index heavyweights such as Tata Motors, Eicher Motors, Maruti Suzuki India, TVS Motor Company and Motherson Sumi Systems


Ajita Shashidhar & Sumant Banerji
New Delhi, September 11, 2019
With Indian consumers tightening their purse string, auto and consumer durables companies are approaching this festive season like a regular period, without ramping up stocks


BusinessToday.In
New Delhi, September 11, 2019
FM Sitharaman, in a press conference on Tuesday, said the auto slump was due to many factors like the change in the mindset of millennials, who now prefer taxi aggregators like Ola and Uber


BusinessToday.In
September 11, 2019
Bajaj Auto's Managing Director Rajiv Bajaj believes that the unprecedented slowdown in the auto sector is largely due to \"overproduction and stocking\" by companies based on growth forecasts, and ruled out the need for a reduction in the GST rate


BusinessToday.In
September 10, 2019
Regarding the auto manufacturers' demand to reduce GST rates for automobiles, FM Sitharaman said that the matter will be taken up by the GST Council in its meeting on September 20


BusinessToday.In
September 10, 2019
The sharp decline in sales, for the tenth consecutive month, has forced job losses and production cuts across India's massive auto sector and now the downturn can be seen affecting automakers' small cars portfolio too.


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. 


PTI
September 9, 2019
The new power tariff policy is a path-breaking one, Singh said, adding it has gone to the Cabinet and hopefully it would be passed quickly


BusinessToday.In
New Delhi, September 9, 2019
Jaguar sales dropped 17.8 per cent y-o-y to 9,702 units in August, while Land Rover retailed 29,228 vehicles, down 1.4 per cent compared to August 2018


BusinessToday.In
September 9, 2019
Minister for Information and Broadcasting Prakash Javadekar said, \"no other government in the past has taken so many people-friendly decisions in its first 100 days in power\"


Prasanna Mohanty
September 9, 2019
Decadal comparisons of growth in railway freight, consumption of diesel and import of crude oil and its products - all point to significant decline, indicating that the economic slowdown is neither sudden nor cyclical


Prosenjit Datta
September 9, 2019
Why getting consumption growth back on track will be more difficult than simply reducing taxes or interest rates


Sumant Banerji
September 9, 2019
Auto sales decline in India by 23.5%: In August 2019, overall sales stood at 18,21,490 units against 23,82,436 units in the same month last year.


BusinessToday.In
September 9, 2019
India's monthly passenger vehicle and car sales recorded their steepest fall ever in August, according to data released by an industry body on Monday, highlighting the continued slowdown in the sector amid assurances by the government for revival.


T V Mohandas Pai
New Delhi, September 9, 2019
The most important thing to do now is not to shock the system, give confidence to the industry, bring liquidity into the system and reduce interest rates.


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