The first half of this financial year 2019-20, has been most forgettable for the domestic passenger vehicle industry

Hyundai Motor India Ltd (HMIL) led the segment, followed by Ford India and Maruti Suzuki India (MSI) at second and third positions respectively.

The m-cap of Reliance Industries Ltd (RIL) zoomed Rs 28,494.36 crore to Rs 8,57,303.03 crore, the most among the frontline entities.

The slowdown in the industry is largely on account of a bad festive season last year which led to the problem of higher inventories, tight liquidity with banks as a fallout of the NBFC crisis and an overall sluggish economy

Forbes India Rich List 2019: This is the 12th consecutive year that Ambani has topped the list despite being a 'challenging year' for the Indian economy, according to the American business magazine. Ambani's wealth swelled to $51.4 billion this year.

Auto slowdown: Automobile dealers across the country are facing the brunt of the slowdown in sales of cars and two-wheelers despite festive push

Given that the RBI pegs inflation in the second half of this fiscal at 3.5-3.7 per cent, the 25 bps rate cut on savings accounts with balance up to Rs 1 lakh means that small depositors will be hard pressed to make their money grow

The Bolero Power+ will be available with a BS6 readiness certification from the International Centre for Automotive Technology, and the BS6 compliant model will be made available from early 2020

Infosys had clocked a 5.3% year-on-year growth in its consolidated net profit at Rs 3,802 crore for Q1 (April-June 2019).

Maruti Suzuki cut its production by 17.48 per cent in September while Tata Motors reduced its production by 63 per cent to 6,976 units

Production of mini and compact segment cars, including Alto, New WagonR, Celerio, Ignis, Swift, Baleno and Dzire, dropped by 14.91 per cent to 98,337 units versus 1,15,576 units in the year-ago period

TKM is the fourth company to offer voluntary retirement for its employees after GM, Hero Motorcorp and Ashok Leyland as the ongoing auto slowdown continues to lead to heavy losses for companies

The new Thar will come with a BS6-compliant 2.2-litre diesel engine which churns out 140hp. There are some rumours that Mahindra could offer the Thar with a petrol engine for the first time