Sales

Passenger vehicles retail sales fall 4.6% in June over liquidity issues, delayed monsoon

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Automobile dealers’ body FADA Tuesday said retail sales of passenger vehicles (PV) in June declined by 4.6 per cent to 2,24,755 units as compared to the same period last year, hit by […]

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Sales

Dip in automobile sales is not worry for CEA Krishnamurthy Subramanian

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Says that overall manufacturing sector `is doing well’ At a time when automobile sales are plummeting to alarming levels, it does not seem to be a major economic concern for Chief Economic […]

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Loan

CBI cracks down on loan defaulters in over 61 locations, files 17 FIRs involving funds of Rs 1,139 crore

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New Delhi: In a possibly biggest synchronised action against alleged bank loan defaulters, the Central Bureau of Investigation (CBI)  on 2 July launched a massive crackdown by carrying out searches at over 61 […]

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Sales

Toyota Kirloskar sales dip 19% in June

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New Delhi: Toyota Kirloskar Motor (TKM) Monday reported a 19% decline in total vehicle sales to 11,365 units in June this year. The company had sold 14,102 units in June 2018. In the domestic […]

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Insurance

Did you notice? SBI Life Insurance, Shree Cement entered $10 bn club in 2019

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The market rewards consistency, quality of management and earnings growth. SBI Life Insurance and Shree Cementswhich rose 17 percent and 19 percent in 2019, so far, entered the $10 billion club (market cap over Rs […]

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Insurance

Insurers pin hopes on tweaks in unlimited claims’ liability for motor TP covers

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The Motor Vehicles (Amendment) Bill 2017 is likely to be tabled in the Parliament once the session begins on June 17. The bill that has been pending approval for almost three years […]

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Business

You may burn fingers in Indian stocks if not clued in on changing businesses

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The 19th century had many lessons for the corporate world; the most fascinating was possibly the disruption caused by alternating current. Factories belonging to a number to flourishing businesses were not designed […]

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Sales

Car Sales 2019: Hyundai India Sales Drop By 3.1 Per Cent In February

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India’s second largest carmaker- Hyundai India has witnessed a negative growth of 3.1 per cent in the last month selling 43,110 units in the domestic market in February 2019 against 44,505 in the same […]

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