On January 15, 2015 20:51 (IST)
On September 3 last year, MSI got relief when the High Court had given an interim stay to the fair trade watchdog's August 25, 2014 order till the final disposal of similar pleas before the Madras High Court, filed by car manufacturers Hyundai and Ni...
On January 15, 2015 16:21 (IST)
The Bank Nifty, the blue chip index of banking stocks closed 3.4 per cent higher after hitting an all-time high earlier in the day on hopes of greater credit offtake. IDFC, HDFC and SBI ended with over 5 per cent gains.
On January 11, 2015 12:27 (IST)
Suzuki Motor Corp's new car manufacturing unit in Gujarat, being set up at an investment of Rs 4,000 crore, will be ready by 2017, chairman Osamu Suzuki said on Sunday.
On January 07, 2015 19:35 (IST)
Gearing up to enter new segments in 2015, an upbeat Maruti Suzuki India says that the price hikes following the withdrawal of excise duty sops will not affect auto sales.
On January 06, 2015 17:41 (IST)
The company was planning to increase prices this year to offset rising input costs, but the decision has been deferred because higher excise duty rates have already pushed up prices and another hike would further impact the market, a top official sai...
On January 05, 2015 15:59 (IST)
Maruti Suzuki gained 2.63 per cent to be the top gainer in Nifty. CLSA maintained buy on the stock with a target price of Rs 4400, which is over 27 per cent higher than its current market price.
On January 04, 2015 18:42 (IST)
Most auto companies saw growth in their total sales numbers last month with Maruti Suzuki India, the country's largest carmaker, posting an over 13 per cent jump in domestic market sales.
On January 02, 2015 12:34 (IST)
Investors expect the Narendra Modi-led government to continue with the reforms process while fresh buying is seen ahead of the budget and December-quarter earnings.
On January 01, 2015 19:06 (IST)
The excise duty concessions given in the interim Budget by the outgoing UPA government in February last and extended by the new Finance Minister Arun Jaitley by six months, ceased to be in force from today.
On January 01, 2015 16:27 (IST)
Telecom stocks like Bharti Airtel and Idea gained 2.89 per cent and 3.58 per cent respectively after government on Wednesday fixed 3G spectrum auction base prices 19 per cent lower than the 2010 auction prices.
On January 01, 2015 11:41 (IST)
Maruti Suzuki shares rose today after the car maker reported better-than-expected sales numbers for December. Marutis December sales rose 20 per cent to 1.09 lakh units, as compared to analyst expectations of 1.02 lakh units.
On December 31, 2014 19:22 (IST)
After seeing a decline in sales in 2013 - its first in 11 years - the passenger car industry hoped for a strong recovery in 2014. But sales only rose very modestly, dragged down by a weak economic recovery.
On December 31, 2014 16:25 (IST)
The Nifty gained 31.39 per cent this year, posting its best gain since 2009 in a year marked by a series of record highs. In dollar terms, the index was the second best performer in Asia after Shanghai, according to Thomson Reuters data.
On December 31, 2014 15:21 (IST)
The Nifty opened flat on Wednesday as indicated by futures trade on Singapore Stock Exchange. Both foreign and domestic investors were net buyers of Indian equities on Tuesday. Foreign investor bought shares worth Rs 278 crore, while domestic investo...
On December 25, 2014 15:37 (IST)
Major gainers from the Sensex pack include Maruti Suzuki, Axis Bank, SBI, ICICI Bank, Cipla, BHEL, HDFC, HDFC Bank, L&T, Sun Pharma, Bajaj Auto, Coal India, Dr Reddy's Lab, Hindalco, HUL, M&M and Tata Motors.
On December 24, 2014 19:10 (IST)
As auto makers anxiously watch whether the reduced excise duty regime would be extended to next year, Finance Minister Arun Jaitley on Wednesday said they would have to wait till December 31.
On December 20, 2014 18:59 (IST)
Even as the year was drawing to a close, the sales figures remained disappointing with close to 10 per cent decline in the number of cars sold during the first eleven months of 2014 and festival seasons failing to bring any cheer.
On December 16, 2014 11:46 (IST)
The Nifty opened lower on Tuesday as indicated by futures trade on Singapore Stock Exchange. Continued weakness in global equities will also weigh on markets today. Foreign investors have sold stocks worth Rs 456 crore in cash market on Monday. Howev...