Hero Electric to go ahead with expansion plan amid slowdown
MD Naveen Munjal told ET that although sales of electric two-wheelers were subdued in the first half of this financial year, the company expects demand to pick up substantially in the coming years as legacy players such as Bajaj Auto enter the segment.
ET Awards 2019: We will soon come out of the slowdown, says Amit Shah
The home minister makes an impassioned plea to industry to work with th...
GST collection crosses Rs 1 lakh crore mark in November
Helped by government stimulus measures, the Goods and Services Tax (GST) collection i...
Logistics firms feel the slowdown, scale back on expansion
India’s second-quarter GDP data is to be released on November 29. In the recent past, auto sales, consumption, real estate sales and bank credit data have pointed to a demand slowdown. India’s industrial production shrank for the second consecutive month in September, its worst performance in the series that began in April 2012.
'BUY' or 'SELL' ideas from experts for Wednesday, 4 December, 2019
Piramal Enterprises is a 'Sell' call with a target price of Rs 1650 and a stop loss of Rs 1730.
ETILC members hold out hope amid slowdown
There is also uncertainty caused by poor capital formation. The banks are flush with funds but are risk averse. Credit growth has fallen to 2.7% for industry, the lowest in 12 months. And for services, after clocking over 20% between April 2018 and February 2019, it has plummeted to 7.3% , the lowest in 24 months.
Q2 GDP numbers: Economy dipped but no signs of recession, says Economist Charan Singh
Economist and Chief Executive Officer (CEO) of the Economic Growth Welfare (EGROW) Charan Singh on November 30 shared his views on dip in co...
Carmakers to hike prices from January to absorb input costs
Maruti Suzuki, Mahindra & Mahindra, Ford, Toyota, Mercedes Benz and Audi plan to raise the prices from January 2020. The carmakers told ET that the price hike has been planned to counter the inflationary pressures. The country’s largest carmaker Maruti Suzuki said the production cost has shot up because of increase in raw material prices.
Endurance Tech riding out slowdown may be a good buy
The Street expects Endurance’s domestic revenue growth to be positive for FY20.
Situation akin to economic emergency prevailing in country: Congress
"Why are they not giving GST share to states? It became clear on Friday when it came to the fore that the country's fiscal deficit has reached 102.4 per cent of the 2019-20 Budget, estimated at Rs 7.2 lakh crore, at the end of October," Congress leader Randeep Singh Surjewala said while talking to the media here.
Share market update: Auto shares in the red; Eicher Motors down 1%
The Nifty Auto index was trading 0.23 per cent down at 8161.30.
Terrorism in Kashmir at minimum in first six months of Modi 2.0: Prakash Javadekar
Terrorism in Kashmir has been at a minimum level after the repeal of Article 370, Union minister Prakash Javadekar said Saturday, describing the first six months of the Modi government's second term as dedicated to development and security of the country.
Tata Motors total sales down 25% at 41,124 units in November
Total domestic sales were down 25 per cent at 38,057 units as compared to 50,470 units in November last year, it added. Passenger vehicle sales in the domestic market during the month stood at 10,400 units as against 16,982 units in the same month previous year, down 39 per cent.
F&O: Nifty trading range shifts to 11,900-12,300, but optimism on
In Dec monthly options, maximum Put open interest was at 12,000 followed by 11,500 levels.
Sensex sheds 127 pts, Nifty below 12,000
CLOSING BELL: Sensex sheds 127 pts, Nifty below 12,000; YES Bank plunges 7%, Bajaj Auto gains 3%Sensex sheds 127 pts, Nifty below 12,000
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