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Hyundai rolls out online sales platform
The company said its 'Click to Buy' is a first-of-its kind online sales platform with simple and transparent process for purchase of Hyundai cars.
Piramal Enterprises jumps 5% on sale of healthcare analytics unit
PEL had initially invested $650 million in 2012 to acquire DRG out of which...
Mindtree brings in Talent from Genpact, Infosys
Mid-tier IT services provider Mindtree has hired top talent from Genpact and Infosys and is looking to hire sales talent particularly in digital technology areas in the United States. Mindtree also brought in Vijay Ram as VP and head of technology & media in October who was previously Associate Vice President and Global Client Partner at Infosys.
Audi bets on pre-owned car business and petrolisation to drive back to growth
The Audi Approved Plus — its used-car division that also sells the vehicles of other luxury brands — is eyeing 50% growth in 2020, even as the head of the company, Balbir Singh Dhillon, expects the market for new luxury cars to stay flat.
Slump sale awaits Abhijeet, lenders may lose Rs 1,200 crore
Unlike a sale of an asset as a going concern there are no values assigned to individual assets and liabilities of a company in a slump sale.
As India switches to BS-VI, sub Rs 10 lakh petrol cars may gain
Sales of petrol cars could likely grow at the expense of diesel cars after the transition, say experts.
Luxury car sales in 2019 see biggest drop in over a decade
Sales of luxury cars in India declined by about 15% last year — the steepest drop in more than a decade.
Vu grows television sales in India in FY20, open to selling stake
Vu has also exited the basic television range in India. However, Saraf said by value the company will either hold onto its 2018-19 revenue of Rs 1,000 crore or may report slight grow since television prices have dropped last year across the range due to drop in global panel prices.
PMC Bank scam: HC sets up panel for sale of HDIL assets
The court said the committee shall first value and sell the encumbered properties of HDIL and if there is any shortfall towards repayment of dues, then the properties owned by Wadhawans shall be sold.
Record number of startups to show up at Auto Expo
Most startups to display products and technology in e-mobility space.
Family buyers drive multiple purpose vehicles sales up amid slowdown
Led by a series of new launches, the multiple purpose vehicles (MPV), or family cars, are back. The segment registered 35% growth in 2019 to 2.2 lakh units, with cars priced between Rs 6 lakh and Rs 25 lakh. By contrast, most segments of the automotive market contracted, often in double digits. So, the share of MPVs in India has risen from 5% to 8%.
What is strategic sale? How is it different from disinvestment?
It looks highly unlikely that the disinvestment target will be met in the current fiscal. The next Budget for 2020-21, to be presented on February 1, will have another target for disinvestment. So, what exactly is a strategic sale and how is it different from disinvestment.
Renew Power seeks $300 million in bond sale
Rating agency Fitch has given a ‘BB-’ to ReNew’s proposed issue.
Housing sales across 9 major cities drops 30% in Q3
Compared to 91,464 units sold during the quarter last year, only 64,034 homes were sold across the nine markets in Q3 this year.
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