AUTOMOBILE SHARES
Indian automobile industry grows 19 pc to Rs 10.22 lakh cr in FY24: Report In the two-wheeler segment, India witnessed 10 per cent increase in volume and 13 per cent in value. The three-wheeler segment grew by 16 per cent in volume and 24 per cent in value and the commercial vehicle segment rose by 3 per cent in volume and...
19 Jun, 2024, 02.04 PM ISTEuropean shares set for weekly losses European shares slip amid French political uncertainty. Technology stocks rise, auto shares fall. Leftwing parties challenge National Rally, Crest Nicholson rejects Bellway's offer.
14 Jun, 2024, 02.04 PM ISTFPIs dump auto, FMCG and power stocks in second half of May In late May, foreign investors drove a surge in automobile sector sales, offloading shares worth ₹3,323 crore, while also divesting ₹13,350 crore across multiple sectors. The NSDL data highlights a stark shift from earlier in the month, with inflows...
07 Jun, 2024, 07.53 AM IST- ADVERTISEMENT
Strong hybrids need to replace ICE models and not EVs: Maruti Suzuki executive Maruti Suzuki India executive emphasizes strong hybrids over fossil fuel-powered models and pure electric vehicles (EVs) for auto industry sustainability.
03 Jun, 2024, 09.16 AM ISTGIFT Nifty soars 800 points; here's the trading setup for today's session Equity markets faced pressure last week due to election uncertainties and FII selling. Analysts predict a positive market reaction on Monday post BJP win in exit polls.
03 Jun, 2024, 08.19 AM ISTIndia major gainer of China+1, exports to soar to $835 billion by 2030: Nomura India and Vietnam are emerging as key beneficiaries of the China plus one strategy, with Nomura predicting significant growth opportunities for Asian economies. According to a report by Nomura, India's exports are projected to skyrocket to $835 bill...
28 May, 2024, 11.25 PM IST1 million to $13 million in 5 yrs: 'Indian Warren Buffet' Mohnish Pabrai shares his success journey Mohnish Pabrai, an Indian-American investor and founder of Pabrai Investment Funds, credits his success to emulating Warren Buffett's investment principles. Pabrai's journey, marked by substantial returns and strategic bets, showcases the efficacy o...
27 May, 2024, 02.15 PM ISTSBI Automotive Opportunities Fund: Is it time to capitalise on opportunities in the world's 3rd largest auto market? SBI Automotive Fund, managed by Tanmaya Desai and Pradeep Kesavan, offers high exposure to automotive stocks. Experts from WealthMills Securities recommend considering the fund for high-risk appetite investors.
27 May, 2024, 01.20 PM ISTThe limitations, and thrills, of the Monaco Grand Prix Compared with 30 years ago, cars are about 3 feet longer and 600 pounds heavier, making them difficult to maneuver around the narrow streets of Monaco. Still, the race has a mystique. "For me, Monaco is the most iconic race of the season," Charles L...
26 May, 2024, 12.56 AM ISTIndia leads in electric vehicle sales amid global slowdown Global electric vehicle sales growth faces challenges like capital costs and election uncertainty. US EV sales outpaced Europe, where EV sales declined due to Easter holidays. Germany saw a 29% drop in EV sales, while India's EV market share doubled...
25 May, 2024, 07.09 PM ISTApple not the only company to grapple with cash payments in India; cash also figures prominently in car sales With customers continuing to stream in with wads of notes to buy mobile phones or computers, payments for 7-9% of the American firm's sales in the two stores in India are made with cash, compared to less than 1% or even nil in its stores in the US o...
25 May, 2024, 05.30 AM ISTTesla Europe sales lowest in 15 months Tesla Inc had a slow start to the second quarter in Europe, with CEO Elon Musk expecting better results. The carmaker registered 13,951 vehicles in April, down 2.3% from last year, its lowest since January 2023.
23 May, 2024, 12.05 AM ISTMahindra XUV 3XO inspires jaw-dropping custom designs: How CEO Anand Mahindra and team reacted? Anand Mahindra recently shared impressive custom renders of the Mahindra XUV 3XO on social media, created by the Instagram handle @nstreet_design. These designs, featuring a modern and robust aesthetic, caught significant attention, including that o...
22 May, 2024, 05.49 PM ISTSachin Tendulkar spends ‘memorable’ Sunday with Ratan Tata; here's what kept them busy! On Sunday, Sachin Tendulkar, cricket's GOAT (greatest of all time), had a meeting with distinguished business magnate Ratan Tata, the former chairman of Tata & Sons. The two icons engaged in a deep conversation about their shared interests, includin...
22 May, 2024, 10.51 AM ISTA leaner M&M charting new expansion path, looks to enter new industry, list 2 businesses, step up global presence The group also aims to ensure that Tech Mahindra and Mahindra & Mahindra Financial Services (Mahindra Finance) realise their full potential besides bolstering the logistics, holidays and real estate businesses, which have been identified as “growth ...
21 May, 2024, 10.12 AM ISTMotherson Sumi Wiring India Q4 Results: Firm posts rise in profit on steady demand Motherson Sumi Wiring India on Thursday reported a 38% rise in fourth-quarter profit, aided by strong demand for automobiles.
16 May, 2024, 06.52 PM ISTEuropean shares muted as losses in energy offset gains in financials The benchmark index hit a record high on Wednesday, as lesser-than-expected rise in U.S. consumer prices in April boosted bets for a September Federal Reserve rate cut.
16 May, 2024, 01.42 PM ISTBikes will retake pre-covid peak in two years: TVS Two-wheeler sales in India are expected to surpass pre-Covid peak this fiscal year or next, according to Sudarshan Venu, managing director at TVS Motor Company. The Indian economy is in a "good situation" with inflation under control, which will dri...
10 May, 2024, 01.21 AM ISTFPIs lap up power, financial services stocks in April; IT, FMCG see biggest outflows Power sector received the highest inflow from foreign investors, who bought shares worth ₹5,143 crore after buying ₹45 crore in March. In 2023, the sector witnessed inflows worth ₹2,477 crore. With the government expected to boost the country's powe...
24 Apr, 2024, 05.45 AM ISTFPIs cut back on FMCG, auto, financial services shares Foreign portfolio investors (FPI) sold shares worth ₹12,514 crore across 11 sectors in the March 16-31 period. Apart from FMCG, automobiles, financial services and consumer durables sectors saw heavy selling by foreign investors. The automobiles sec...
12 Apr, 2024, 05.22 AM IST