Share market update: Auto shares in the green; Apollo Tyres up 1%
The Nifty Auto index was trading 0.87 per cent up at 8277.25 .
Gold Rate Today: Gold, silver slump in futures trade amid weak demand
Silver futures on Monday slumped by Rs 55 to Rs 46,911 per kg.
Kia Motors India announces price hike after selling 45,000 units of Seltos
The prices of Seltos have been revised upwards by Rs 20,000 to Rs ...
Stock market update: IT stocks slump; HCL Tech slides 2%
The Nifty IT index was trading 0.74 per cent down at 15,748.35.
Share market update: Auto shares slip as companies announce December sales numbers
The Nifty Auto index was trading 0.39 per cent down at 8215.80.
Two-wheeler makers post sales decline in December
The country's largest two-wheeler maker Hero MotoCorp said sales in domestic market were at 4,12,009 units last month as compared to 4,36,591 units in December 2018, down 5.6 per cent. Similarly, Bajaj Auto also reported 21 per cent decline in motorcycle sales in domestic market at 1,24,125 units last month as against 1,57,252 units in the year-ago period.
Prefer Hero, Maruti and M&M within auto sector: Ashwin Patil, LKP Advisory
Going forward also, passenger vehicles and tractor segments will be the things to watch out for in Q4.
Over 200 big companies yet to split Chairman, MD roles
RIL is among 500 listed cos that are yet to comply with Sebi rule on splitting chairperson & MD role.
Festive October a quirk amid auto slump
Auto sales picked up pace in October as more and more headed out to purchase vehicles amid the festive season. Vehicle registrations at RTOs improved 4% over October last year. Inventory build-up at vehicle dealers eased across the board. Registration numbers of PV improved 11% in October, while those of two-wheelers improved 5%.
How equity investors can cope with a high rate of change, stock market volatility
The winds of change driven by tech have become a storm of transformation. Change is neither new nor unique.
Maharashtra: Sena-Cong-NCP govt like 3-wheeler auto-rickshaw, won't last long, says Athawale
Union Minister Ramdas Athawale on Wednesday said that the Uddhav Thackeray-led Shiv Sena-Congress-NCP government in Maharashtra is like thre...
Trimmer auto expo to unveil 60 models
Automakers are set to launch and unveil around 60 vehicles at the biennial motor show in the country next year, down from over 80 products which debut at the expo in the last edition.
Auto firms likely to have negative news on Dec sales on New Year’s Day
Prabhudas Lilladher projects 5-6 per cent drop in personal vehicle sales on year-on-year basis.
Maruti Suzuki, M&M beat year-end blues, post rise in domestic sales figures
Maruti Suzuki India and Mahindra & Mahindra reported rise in their domestic sales in December.
M&M rejigs top management in auto, farm divisions
Hemant Sikka will head the farm equipment sector, while R Velusamy will be appointed as the chief of Global Product Development (Automotive) and Vinod Sahay as Chief Purchase Officer of AFS (auto and farm sectors). Nakra, Sikka, Velusamy and Sahay will report to Rajesh Jejurikar, who will join M&M Board as Executive Director AFS from April 1, 2020.
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