AUTO AND TYRE SECTORS
Icra revises outlook on auto components sector to negative from stable
"Despite accommodative commodity prices, weakness in OEM demand will impact credit metrics for component manufacturers," Icra said.
Indian tax panel unlikely to favour tax rate cut for auto sector: Sources
A government study, attached to the agenda of a Sept. 20 GST panel ...
Sitharaman isn't done yet. Govt to announce one more economic booster dose this week
RBI Governor Shaktikanta Das had said the government has...
Fitment panel rules out GST cut for auto, consumer durables or biscuits
The fitment panel has blamed current liquidity crisis and troubles of NBFCs for auto sector woes.
Pedal-to-Metal: More steps, time needed for auto sector revival
while sitharaman's sops may weaken the slowdown, sales are likely to suffer for several coming quarters.
Blame game on as wheels come off India's auto sector
Potential fallout from an extended slowdown is sending shockwaves through the economy.
View: Govt should exercise caution before it gives in to auto industry's claims
Auto Inc's claims may not be entirely correct. The govt must use its data carefully to take right decisions.
After Market: Oil surge spooks auto, bank stocks; 63 Moons flies
Selling intensified as a surge in oil prices and a weakening rupee reduced the scope of economic turnaround.
If Nifty tops 11,200, this rally can last longer: Jay Thakkar
The week has been quite positive and Nifty bounced back quite well on Friday.
Automotive industry reaching end of downward cycle, demand uptick ahead: Apollo Tyres
Satish Sharma, president (Asia-Pacific, Middle East & Africa) at Apollo Tyres said companies are scaling up marketing efforts, extending sweet deals to customers.
FM Sitharaman's statement on auto sector slowdown misinterpreted, says Gadkari
Nitin Gadkari says that unfortunately, whatever the Finance Minister N Sitharaman said about the millennial mindset of using Olacabs & Uber ...
Select states not in favour of GST rate cut for auto, fear revenue loss
States claimed that GST is not behind the slump in the auto sector.
Auto stocks raring to rebound, but may not see good old days
BSE Auto index has eroded 23 per cent value since the end of 2018.
Millennials' preferrence for Ola, Uber is affecting auto sector: FM Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday stated that the mindsets of millennial were adversely affecting the automobile industry as th...
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