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.

\"We should move towards alternative fuel... I am going to do this, whether you like it or not. And I am not going to ask you. I will bulldoze it. Petrol, diesel gaadi banane walo ka band bajaana hai,\" he had said in September 2017.

Global investors' interest in auto-tech start-up comes at a time when the Indian auto sector is battling its highest de-growth in monthly sales over the past 19 years

From increased TDS outgo on purchasing immovable property and life insurance maturity proceeds, to two new areas where TDS will now be slapped on, here's a look at some changes that came into effect on Sunday

Here is a 5-point explainer of new tax-related changes that have come into effect in India from September 1

From Aadhaar- PAN link to KYC update and so on, here are 10 crucial finance-related things that will be effective from September 1.

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

Running to the government cap in hand, at the first signs of a business downturn, hardly behoves such well-established industrial giants.

The automobile industry is in the middle of an unprecedented slowdown. With companies beginning to lay off workers, the worst is yet to come

Policy push needed to correct the imbalance

How new CEO Ravneet Gill is managing troubles at the new-generation Yes Bank, where there is no end to asset quality surprises and capital levels are inadequate for future growth

Tumbling sales in auto sector have led to massive job cuts in the industry. Automakers like Mahindra and Mahindra have claimed that they have done enough 'belt tightening' and now it is time for the government to provide some relief to the sector

Maruti Suzuki India Ltd posted a steep 36 percent decline in sales in July at 98,210 units, selling less than 1 lakh units in a month for the first time since June 2017

Shrinking markets in China as well as India spell lower earnings for many automakers, which have invested heavily in plants and vehicle development in both countries on expectations they would power global auto sales growth for years to come

\"There is an auto sales slowdown and we have substantial exposure to autos. We want to stay safe and this was done to mitigate risk and protect us,\" said the SBI official

Shares of various automobiles manufacturers were trading lower on Wednesday after the data released by the Society of Indian Automobile Manufacturers (SIAM) showed a slump in domestic sales generated as well as the production figures.