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Total 1019 results found. Search for [ automobile sector ]

Results 160 to 180 of 1019
BusinessToday.In
September 2, 2019
Finance Minister Nirmala Sitharaman kindled hopes of a GST rate cut on the same day that several leading auto players announced dismal sales figures for August. The auto industry has long called for a reduction in the GST rate from 28 per cent to 18 per cent to accommodate the downturn.


BusinessToday.In
September 2, 2019
The agreement also envisages that M&M would have right of call option to acquire shares from certain existing investors of Meru for an amount not exceeding Rs 98 crore.


BusinessToday.In
New Delhi, September 2, 2019
Car sales crash 29% in August; all eyes on Sep 20 GST meetAutomobile sales in the country crashed again by nearly a third in August 2019 over last year marking the 10th straight month that sales have declined. India's largest carmaker Maruti Suzuki posted a steep 36 per cent decline in sales in August at 93,173 units compared to 145,895 units in the same month last year. The cumulative sales of the top 6 carmakers in the country that were declared on Sunday, showed a decline of ov...


Sumant Banerji
September 1, 2019
Finance Minister Nirmala Sitharaman had on August 23 announced a few measures including 30 per cent depreciation for new vehicles and revoking the ban on purchasing vehicles for the government, to spur a turnaround but many in the industry felt the measures were too little too late.


PTI
September 1, 2019



PTI
September 1, 2019



PTI
New Delhi, September 1, 2019
Manmohan Singh said it is particularly distressing that the manufacturing sector's growth is tottering at 0.6 per cent


Joe C Mathew
August 30, 2019
The continuing slowdown in the economy comes at a time when Finance Minister Nirmala Sitharaman is busy announcing stimulus after stimulus to reverse the slowdown


PTI
Guwahati, August 29, 2019
FM Nirmala Sitharaman, however, did not elaborate on the two steps to be taken by the government. She stated that consumption needs to be given a push


BusinessToday.In
New Delhi, August 29, 2019
With the auto industry facing biggest crisis in two decades, declining auto sales have led to massive job cuts. Automakers, parts manufacturers and dealers have laid off about 350,000 workers since April. Can the govt meet the demands of the industry and see them through this crisis? Watch the video for more.


PTI
August 29, 2019
The other reason which had impacted the sector, particularly in the urban areas, is the emergence of ride-hailing cabs


BusinessToday.In
New Delhi, August 29, 2019
Currently, Scooters India sells three-wheelers under the brand name 'Vikram'; as part of Plan B, the government may sell its non-core assets to improve its financial condition


PTI
August 28, 2019



PTI
August 28, 2019



BusinessToday.In
New Delhi, August 28, 2019
Renault has launched its multi-purpose vehicle (MPV) Triber, priced between Rs 4.95 to 6.49 lakh. The car has been offered in four different petrol variants, RXE, RXL, RXT, RXZ. It is a seven-seater vehicle with one litre, three cylinder engine and a five-speed manual transmission gear. Watch the video for more.


Chitranjan Kumar
New Delhi, August 28, 2019
In the last six months, BSE auto sector index skidded 36 per cent and NSE's Nifty auto index too dropped nearly 36 per cent in the same period, dented by weak consumer sentiment and slowdown in the sector


Sumant Banerji
August 28, 2019
The two companies first began considering business partnership in October 2016 and since then have continued to consider specific details


Anand Adhikari
New Delhi, August 27, 2019
Disruption by way of new technology and digitisation is making life difficult for well-established businesses; fundamental shifts are contributing to job losses, subdued economic activity and slowdown


PTI
Hyderabad, August 26, 2019
CEA KV Subramanian said the slew of measures announced by the Centre for the revival of muted growth in the economy was in the right direction, though it was necessary to focus on the 'structural reforms.'


BusinessToday.In
New Delhi, August 26, 2019
Motherson Sumi Systems and Hero MotoCorp were down 2 per cent each, while Bajaj Auto, Cummins India, TVS Motor Company trading lower 1 per cent each on the Bombay Stock Exchange


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